A Colorado cybersecurity firm whose founder said he hacked into more than a dozen airline flights by plugging his laptop into a passenger jet’s entertainment system has filed for bankruptcy.
One World Labs Inc., founded by Chris Roberts in 2009, filed for bankruptcy protection
on Friday, saying it faces roughly $720,000 in debt.
Company officials are negotiating a deal to sell the Denver-based intelligence firm, which says
it has “access to the world’s largest index of dark content to protect corporations, governments and nonprofit organizations,” enabling clients to search the database for stolen data. The firm took in $3 million in revenue last year, according to documents filed in U.S. Bankruptcy Court in Denver.
The potential sale would clear the ownership of One World Labs that is now held by Mr. Roberts, who served as chief information officer and left in September. Mr. Roberts still owns about 59.8% of the company’s common stock, court papers said.