Q&A with Tim Eades, CEO & Co-Founder of Anetac

Tim Eades serves as CEO and co-founder of Anetac, combining his deep cybersecurity expertise with a proven track record of building and scaling successful security companies. With over two decades of executive leadership, Tim has consistently delivered exceptional growth and successful exits in the enterprise software and security sectors.

Before founding Anetac, Tim served as CEO of vArmour for nine years. Prior to that, as CEO, he led Silver Tail Systems to its successful acquisition by RSA (EMC’s security division) in 2012. As CEO of Everyone.net, he drove the company’s growth and eventual acquisition by Proofpoint. His executive experience also includes leadership roles at BEA Systems, Sana Security, Phoenix Technologies, and IBM, where he achieved the distinction of being the No. 1 salesperson in Europe.

Beyond his operational roles, Tim serves as general partner and fellow founder at Cyber Mentor Fund, where he actively invests in and mentors the next generation of cybersecurity entrepreneurs. His investment portfolio spans over 50 companies, reflecting his commitment to advancing innovation in cybersecurity. He currently serves on the board of Boxx Insurance, Enveil, and Device Authority and holds advanced degrees in business, international marketing, and financial analysis from Solent University in England. Tim’s approach combines rigorous business acumen with hands-on technical expertise, enabling him to identify and solve critical security challenges while building capital-efficient, high-growth companies.

What drove you to create Anetac?

I was driven to create Anetac by my personal journey, professional experiences, and the sheer size of the identity vulnerabilities and how it touches every industry across the globe. Growing up in a poor neighborhood in England, I learned the value of grit and hard work from an early age.

I had a unique childhood. I was not born with a silver spoon. Instead, I lived in a home with coal-heated rooms and freezing windows. Despite that, I developed a passion for technology and computers. My desire to continue diving into technology led me to forge my father’s signature to attend college.

Throughout my career as a serial entrepreneur, I’ve served as CEO of multiple companies and invested in security companies for two decades. Many of these companies, including vArmour and LeakSignal, were successfully acquired. The specific inspiration for Anetac came during a pub debate about the magnitude of identity vulnerabilities across human and non-human identities. I realized the identity challenge was far more significant than I had initially thought, prompting me to develop my dream identity security team.

Founding Anetac wasn’t merely a business opportunity—it was a mission to address a fundamental security gap that many organizations were overlooking.

How can Anetac help financial institutions mitigate risks associated with legacy service accounts that may have been created by former employees or administrators?

Our Identity Vulnerability Management Platform has demonstrated remarkable capabilities in identifying long-forgotten accounts. For example, we discovered a 34-year-old dormant service account for one of our customers through our streaming capabilities. This continuous monitoring approach provides enterprises with a consistent view of their security posture rather than just a snapshot, revealing anomalies that might remain hidden during initial audits.

For financial institutions, this means automatically detecting and flagging service accounts created by former employees, including those that may have been set up years ago but still retain network access. The platform provides continuous monitoring and real-time visibility, allowing organizations to identify and safely decommission these potentially risky accounts before they can be exploited.

Given the sensitive nature of financial data, how does Anetac’s real-time streaming visibility help detect and prevent unauthorized access through non-human identities (NHIs) in banking systems?

Imagine a digital environment where every whisper and movement is instantly analyzed and understood. That’s the level of safety Anetac creates for financial institutions and other industries. Unlike traditional security tools that are static and comparable to the dark ages, our platform is streaming, so you can always see the status of your security posture versus a snapshot in the moment. We protect against vulnerabilities created by both human and non-human identity interactions.

Our advanced behavioral analytics are like a sophisticated behavioral profiler for digital identities. Just as a skilled detective builds a comprehensive profile of a suspect, we establish a nuanced baseline of “normal” account behavior. When something deviates – even by the slightest margin – our platform alerts security teams with context behind it so they can easily understand the problem. In the high-stakes world of financial services, where a single unauthorized access could trigger a catastrophic breach, this real-time vigilance isn’t just a feature – it’s a financial institution’s first line of defense. Additionally, human identities can be manipulated, and credentials can be stolen, but our platform ensures that every interaction, whether from a human or a machine, is scrutinized closely.

What specific capabilities does Anetac offer to help financial organizations maintain compliance with stringent security regulations by tracking and monitoring service account access?

Our platform transforms what traditionally would be a month-long security assessment into a process that takes minutes. Identity vulnerabilities often originate from human behavior—a misplaced password, an overlooked access point, or a moment of distraction. Compliance requires comprehensive security protocols and risk management, not just checkbox activities. 

We monitor every access chain, tracking password rotations, detecting suspicious behaviors, and mapping relationships between human and non-human accounts and what would happen if you shut down said account. Our platform doesn’t just provide data – it provides actionable, real-time intelligence. We map out complex identity relationships with precision, giving financial institutions a comprehensive view of their entire identity security posture on both the human and non-human layers.

Can you explain how Anetac’s access chain mapping could help prevent potential insider threats or unauthorized lateral movement within a financial institution’s network?

Our access chain mapping is like having a master key that reveals every hidden corridor, every potential point of vulnerability. We don’t just show you a map – we create a comprehensive blueprint of your environment, shining a light on forgotten data or access points that might have been overlooked for many years. 

Traditionally, insider threats silently move through an organization’s network. At Anetac we even out the playing field by providing unprecedented visibility into how different accounts interconnect. We illuminate the dark corners where human and machine identities create unexpected vulnerabilities, showing exactly which accounts have access to what resources and how a single human mistake could be a recipe for a disaster, and in time become a full-blown breach.

How might Anetac’s platform assist financial services in identifying and decommissioning dormant or unnecessary service accounts that could pose security risks?

Forgotten service accounts represent significant security vulnerabilities—like unlocked back doors in a high-security building. In one case, we helped a client uncover a shocking landscape of dormant accounts: 20% had never been used, 55% were disabled, and some passwords were older than some of the employees.

Anetac automates the security process, transforming what would traditionally be months of manual investigation into an instant, comprehensive analysis. We’re battling human and non-human identity vulnerabilities, eliminating potential security risks that emerge from the complex intersection of human decision-making and technological infrastructure.

What are the key benefits of Anetac’s behavioral analysis for detecting unusual activity in financial service account environments?

In the high-stakes world of financial security, a millisecond can mean the difference between prevention and catastrophe. Our behavioral analysis continuously monitors every digital interaction, establishing a baseline of normal behavior for both human and non-human identities and flagging anomalies as they occur.

This approach allows security teams to identify potentially malicious activities before they develop into serious breaches. Financial institutions can significantly reduce their vulnerability to internal and external threats by understanding normal patterns and detecting deviations.

How can Anetac help financial institutions reduce their attack surface by providing comprehensive visibility into non-human identities across cloud, on-premise, and hybrid environments?

Modern enterprises maintain extensive digital footprints with data distributed across on-premise systems and cloud environments, while employees work from various locations worldwide. This distribution makes comprehensive visibility into data access permissions increasingly critical.

Consider this reality: non-human identities now outnumber human users 40 to 1. Each digital entity is a potential vulnerability, a hidden doorway that could compromise your entire system. Our platform provides financial institutions with complete visibility across these complex environments, dramatically reducing breach risks resulting from insufficient oversight.

Given that financial institutions often have complex, legacy IT infrastructures, how does Anetac’s solution help in discovering and securing service accounts that may have been overlooked for years?

Legacy IT systems with outdated security tools are essentially in the dark ages from an identity security perspective. They are filled with forgotten volumes, hidden passages, and potentially dangerous secrets. We transform what would traditionally require 20 security professionals working for 8 months into an instant, comprehensive discovery spanning across the human and non-human identity layers.

In one instance, we discovered a service account created by an administrator to text multiple girlfriends—a digital artifact that had been hiding in plain sight for years. Our real-time, streaming-based monitoring doesn’t just find these overlooked accounts; it provides immediate visibility into vulnerabilities that could have remained undetected forever.

What is Anetac’s goal for the future?

We aim to develop predictive AI-driven security models that anticipate identity-based threats before they emerge. By creating more granular, context-aware identity management tools, we want to transform how organizations approach cybersecurity. Our vision extends beyond simply detecting vulnerabilities – we want to predict and prevent them, moving the entire industry from a reactive stance to a proactive, dynamic, and intelligent approach to identity security.

With non-human identities projected to increase by 300% in the next three years, Anetac is a transformative force in cybersecurity. We’re committed to reshaping how enterprises manage digital identities in an increasingly complex technological landscape through continuous research and development, expanded global partnerships, and establishing industry-wide standards for identity vulnerability management.