August 1, 2019

Latch Hires Former PayPal Exec Michael Barrett as Chief Information Security Officer

Today, Latch announced that Michael Barrett has joined the executive team as Chief Information Security Officer. Based in San Francisco, he will oversee the next phase of the company’s privacy and security strategy—ensuring that their products continue to protect residents’ most valuable data—and establish them as a leader in the connected devices and services space, where regulation is still nascent.

Barrett brings decades of cybersecurity, open standards, and Internet policy experience to Latch. Throughout his career, he has played a role in developing such landmark protocols and authentication technologies as SAML 2.0, FIDO, and DMARC, and established critical security disciplines within organizations including American Express.

Prior to joining Latch, Barrett spent more than seven years as CISO at PayPal, building the organization’s security function from scratch, before founding Cequence Security. There, his team created an AI-driven software platform that protected web, Mobile, and API-based applications from a broad range of targeted attacks.

“We take the implications of smart access incredibly seriously,” said Latch CEO and Co-Founder Luke Schoenfelder. “We made these decisions early on, and while they cost us time and money when we could have moved faster and gone to market sooner, we never wavered. We couldn’t be more excited for Michael to join us and build on this solid foundation.”

"The co-founders of Latch did something very unusual—they embedded a strong security architecture into the very core of their products, and they've built security and privacy DNA into the heart of the firm.  My job is to help scale it, so that as the company grows to dominate the global smart access market, the security functions continue to operate at extremely high levels of effectiveness - and I am extremely excited to have the opportunity to do just that."