PRESS RELEASE

SANTA CLARA, Calif. – Feb. 3, 2014 –WhiteHat Security, the Web security company, today announced that effective immediately, Jeremiah Grossman, company founder, has accepted the Board of Directors offer to lead the company as its interim CEO following the resignation of former CEO Stephanie Fohn. Grossman, the company's founding CEO, has served as the company's CTO since 2004 and plans to maintain focus on company growth and innovation in the web security space.

"Our mission has always been to protect the web, company by company," said Grossman. "I am excited to help lead this company as we continue to push the bounds of web security forward, something that I have been passionate about for more than a decade."

Fohn, who led the company as CEO since 2004, resigned citing "personal reasons." Under her tenure, the company raised more than $54 million in funding and grew the staff to more than 350 worldwide.

"On behalf of the company, I'd like to acknowledge Stephanie's accomplishments as CEO," said Grossman. "Under her direction, WhiteHat Security has risen to be a recognized and leading force in the industry. I am grateful for her time, her leadership and her dedication."

Grossman will hold the position of interim CEO during and throughout a more formal executive search to be conducted by the Board of Directors.

About WhiteHat Security

Founded in 2001 and headquartered in Santa Clara, California, WhiteHat Security provides end-to-end solutions for Web security. The company's cloud website vulnerability management platform and leading security engineers turn verified security intelligence into actionable insights for customers. Through a combination of core products and strategic partnerships, WhiteHat Security provides complete Web security at a scale and accuracy unmatched in the industry. WhiteHat Sentinel, the company's flagship product line, currently manages thousands of websites – including sites in highly regulated industries, such as top e-commerce, financial services and healthcare companies. To improve your organization's Web security, sign up for a custom, no-cost 30-day security evaluation by WhiteHat Sentinel SecurityCheck at www.WhiteHatSec.com.