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Wikipedia

Hank Asher

February 01, 2023

Hank Asher (May 9, 1951 – January 11, 2013)[1] was a businessman best known as "the father of data fusion."[2] With a reported fortune of around US$500 million earned as the founder of several data fusion / data mining companies that compile information about companies, individuals and their interrelationships from thousands of different electronic databases.[3][4] "He's kind of a legend" among those who use investigative data tools, says Greg Lambert, a legal information specialist.[4]

Hank Asher
Born(1951-05-09)May 9, 1951
DiedJanuary 11, 2013(2013-01-11) (aged 61)

Early life

Asher dropped out of school at the age of 16 and worked as a draftsman in a local factory. Later he worked in a union job painting radio towers, with a house painting business on the side. Asher moved to Florida to avoid the seasonal shutdown in painting, soon establishing a business painting condominiums on Florida's Gold Coast. By the age of 21, he had 100 painters working for him and was reportedly grossing US$10 million a year.[3]

Career

In 1982 Asher smuggled cocaine while living in the Bahamas over a seven-week stint, flying to Colombia and Belize in his plane. Later he joined F. Lee Bailey and the Drug Enforcement Administration, convincing other Americans in Bahamas to exit the drug trade.[3] "He was never charged with a crime, but a cloud of negative publicity has hung over his head for years, even prompting his resignation from Seisint's board [in 2003]."[5]

Asher touted his new company, TLO which stands for "The Last One" as having 100 times the power of his previous inventions. Development started in 2008, and in May 2011, TLOxp came out of preliminary development. Usage reached over 80,000 Law Enforcement Investigators and over 17,000 commercial accounts.[4]

In 2013, the company Hank Asher founded, TLO, was in bankruptcy court with a claim of liabilities at $109 million.[6] In 2014, TransUnion acquired TLO for $154 million.[7]

Enters data fusion business

Unemployed, Asher began operating as a freelance computer programmer. In 1992, he started a business Database Technologies that used clusters of PCs to provide parallel supercomputing in place of more expensive mainframes and mini computers. His first contract was a data mining application for the insurance industry performed on records bought from the Florida's Department of Motor Vehicles.

DBT Online bought Asher out for US$147 million in 1999 after the FBI and the Drug Enforcement Administration suspended their contracts following revelations with Asher's involvements in drug dealing in the Bahamas and concerns that the company could potentially monitor targets of investigations.[3]

Asher blamed his ouster from Database Technologies on board member Kenneth Langone who joined the company at his invitation.[8]

After departing DBT Online, Asher founded Seisint in 1999 by merging two companies.

ChoicePoint Public Records filed a lawsuit against Asher and Seisint in 2001 at Palm Beach County Circuit Court, alleging Seisint stole technology, including source code and computer hardware with the help of one of Asher’s employees who was well known fraudster and data hacker Dr. Timothy Klipsic. Asher counter-sued in 2001 in the Fort Lauderdale U.S. District Court alleging unfair business practices by ChoicePoint Director Kenneth Langone and sought more than US$1.6 billion in damages. Both suits were dismissed on March 8, 2005 after ChoicePoint settled with Asher and Klipsic served 18 months in federal state prison.

While at Seisint, Hank Asher played a leading role in developing the Multistate Anti-Terrorism Information Exchange (MATRIX) datamining system for the Florida Department of Law Enforcement, described as a tool to help state law enforcement officials identify potential terrorists. The MATRIX program was shut down in June 2005 after federal funding was cut in the wake of public concerns over privacy and state surveillance.[9]

Seisint was later sold to Anglo-Dutch publishing giant Reed Elsevier in July 2004, for US$775 million and combined with its own data aggregation subsidiary, LexisNexis.[10] Asher had retained a large stake in the company and said in an interview that he would earn more than $250 million from the sale.[11]

Asher made considerable donations to U.S. political parties and candidates amounting to US$735,000 from 1999 to 2004 including US$505,000 to the Democrats.[3]

Philanthropy

Work with Missing and Exploited Children

Over the course of his career in the data business, Asher donated the services of his respective companies to an indeterminable number of law enforcement agencies and most notably the National Center for Missing and Exploited Children. "No fewer than 109 children have been found as a direct result of Asher's help" according to Ernie Allen, president of National Center for Missing and Exploited Children. Asher is the largest private donor in the history of the National Center for Missing and Exploited Children.[3]

His final venture, TLO, focuses directly on aiding these same groups in the mission of protecting children. Asher supplied law enforcement in all 50 states and 39 countries a system that identifies pedophiles in cyberspace and is responsible for thousands of arrests and child rescues.[4] He has attracted many prominent leaders to assist or support TLO:[12][13]

In April 2009, Reed Elsevier filed a suit in Palm Beach County Circuit Court which alleged Asher violated his non-compete agreement with the formation of TLO. At the time, Reed Elsevier's attorney, Faith Gay stated, "He is out trying to sell a commercial product. We're seeking damages for any harm that Asher has caused to our customer base...."[14] Asher responded with a counter-suit seeking $1 billion in damages. He said, "This lawsuit is completely without merit, and is a sad and disingenuous attempt to slow down the enormous progress we are making in our efforts to rescue children from sexual predators. I have given my systems to NCMEC for free since 1993. Every child that is rescued because of one of my systems is a paycheck for my soul. The allegation that someday I would charge for this work is insane."[15]

The case was dismissed 15 days prior to the expiration of the non-compete on September 1, 2009. Asher commented "I find it kind of hysterical that they sued me before I competed and the case was dismissed before the non-compete ended."[16]

Cancer Research

Asher began his cancer research in 2001, when he put together a team of doctors and scientists. He started by philanthropically funding and working with Mayo Clinic scientists on research projects he thought had promise. Simultaneously he started clinical trials in Costa Rica to find a cure for his sister's newly diagnosed disease, Multiple Myeloma.

In 2004, Asher formed JARI Research Foundation a philanthropic endeavor to support breakthrough cancer research.[17] The foundation evolved into JARI Research Corporation a year later, in cooperation with the Mayo Clinic. Clinical trials are conducted in the Dominican Republic.

Major Events

Asher has a history of dedicating his personal efforts and the resources of his companies in times of crisis. Two notable events are the September 11 attacks and Beltway sniper attacks.

Attacks on September 11, 2001

In the wake of the September 11 attacks, Asher worked with the FBI, constructing a secure room inside the headquarters of his company at the time, Seisint. Asher and his team of programmers worked to identify associates of the terrorists, producing lists of individuals "worth investigating" later leading to "several arrests." Asher said "You could accidentally live next door to Mohammed Atta. You couldn't accidentally live next door to Mohammed Atta twice."[18]

Beltway sniper attacks

At the height of the 2002 Beltway sniper attacks in the Washington, D.C., area, Asher worked with the FBI utilizing his data fusion invention, the Multistate Anti-Terrorism Information Exchange known as MATRIX to link investigation details to the real identity of John Allen Muhammad. “They produced the list of all his relatives, associates, every place he ever lived," Asher recounts. "The next morning they were in Tacoma, Washington, cutting the stump down that had the projectiles in it that matched the projectiles from the killings." The next evening the snipers were apprehended.[3]

References

  1. ^ *Hank Asher Obituary, "WSJ Marketwatch" loaded January 31, 2013
  2. ^ *. Reuters. Archived from the original on September 24, 2015. Retrieved July 1, 2017., "Reuters" loaded August 26, 2014
  3. ^ a b c d e f g *When maverick cyber-pioneer Hank Asher invented MATRIX, Vanity Fair, December 2004, loaded March 14, 2007
  4. ^ a b c d * [1][permanent dead link], "Bloomberg Business Week" September 15, 2011, loaded October 6, 2011
  5. ^ *Boca's Seisint Sold In $775 Million Deal, "Sun Sentinel" July 16, 2004, loaded December 2, 2013.
  6. ^ * [2], "South Florida Business journal" May 2013
  7. ^ "TransUnion Closes Acquisition of TLO". Inside Arm. Inside Arm. December 18, 2013. Retrieved May 13, 2015.
  8. ^ Database pioneer ready for new adventure, South Florida Business Journal, March 21, 2005, loaded April 2, 2007
  9. ^ MATRIX data mining system is unplugged July 13, 2007, at the Wayback Machine, Privacy International, June 5, 2005, loaded March 30, 2007
  10. ^ [3], . Archived from the original on September 30, 2007. Retrieved March 30, 2007.
  11. ^ LexisNexis to Buy Seisint for $775 Million, The Washington Post, July 15, 2004, loaded April 2, 2007
  12. ^ Boca database entrepreneur turns his attention from terrorists to pedophiles The Palm Beach Post, March 14, 2009, loaded May 26, 2009
  13. ^ Asher attracts ‘Most Wanted’ support "South Florida Business Journal", April 9, 2009, loaded May 26, 2009
  14. ^ Hank Asher sued by former company "South Florida Business Journal", April 3, 2009, loaded May 26, 2009
  15. ^ 'Sham-ful' Behaviour: European Reed Elsevier Countersued for $1 Billion March 22, 2012, at the Wayback Machine "PRNewswire" May 1, 2009, loaded May 26, 2009
  16. ^ LexisNexis suit against Asher dismissed "South Florida Business Journal" August 18, 2009, loaded September 20, 2009
  17. ^ Jari Research loaded April 2, 2007 October 8, 2007, at the Wayback Machine
  18. ^ The Net's Master Data-miner "Vanity Fair"

External links

  • , loaded April 2, 2007
  • TLO – Online Investigative Systems loaded September 20, 2007
  • When maverick cyber-pioneer Hank Asher invented MATRIX, Vanity Fair, December 2004, loaded March 14, 2007
  • Database pioneer ready for new adventure, South Florida Business Journal, March 21, 2005, loaded April 2, 2007
  • , Gulfshore Life, Summer 2005, loaded April 2, 2007[dead link]
  • Hank Asher profile at SourceWatch

February 01, 2023
hank, asher, 1951, january, 2013, businessman, best, known, father, data, fusion, with, reported, fortune, around, million, earned, founder, several, data, fusion, data, mining, companies, that, compile, information, about, companies, individuals, their, inter. Hank Asher May 9 1951 January 11 2013 1 was a businessman best known as the father of data fusion 2 With a reported fortune of around US 500 million earned as the founder of several data fusion data mining companies that compile information about companies individuals and their interrelationships from thousands of different electronic databases 3 4 He s kind of a legend among those who use investigative data tools says Greg Lambert a legal information specialist 4 Hank AsherBorn 1951 05 09 May 9 1951DiedJanuary 11 2013 2013 01 11 aged 61 Contents 1 Early life 2 Career 3 Enters data fusion business 4 Philanthropy 4 1 Work with Missing and Exploited Children 4 2 Cancer Research 4 3 Major Events 4 3 1 Attacks on September 11 2001 4 3 2 Beltway sniper attacks 5 References 6 External linksEarly life EditAsher dropped out of school at the age of 16 and worked as a draftsman in a local factory Later he worked in a union job painting radio towers with a house painting business on the side Asher moved to Florida to avoid the seasonal shutdown in painting soon establishing a business painting condominiums on Florida s Gold Coast By the age of 21 he had 100 painters working for him and was reportedly grossing US 10 million a year 3 Career EditIn 1982 Asher smuggled cocaine while living in the Bahamas over a seven week stint flying to Colombia and Belize in his plane Later he joined F Lee Bailey and the Drug Enforcement Administration convincing other Americans in Bahamas to exit the drug trade 3 He was never charged with a crime but a cloud of negative publicity has hung over his head for years even prompting his resignation from Seisint s board in 2003 5 Asher touted his new company TLO which stands for The Last One as having 100 times the power of his previous inventions Development started in 2008 and in May 2011 TLOxp came out of preliminary development Usage reached over 80 000 Law Enforcement Investigators and over 17 000 commercial accounts 4 In 2013 the company Hank Asher founded TLO was in bankruptcy court with a claim of liabilities at 109 million 6 In 2014 TransUnion acquired TLO for 154 million 7 Enters data fusion business EditUnemployed Asher began operating as a freelance computer programmer In 1992 he started a business Database Technologies that used clusters of PCs to provide parallel supercomputing in place of more expensive mainframes and mini computers His first contract was a data mining application for the insurance industry performed on records bought from the Florida s Department of Motor Vehicles DBT Online bought Asher out for US 147 million in 1999 after the FBI and the Drug Enforcement Administration suspended their contracts following revelations with Asher s involvements in drug dealing in the Bahamas and concerns that the company could potentially monitor targets of investigations 3 Asher blamed his ouster from Database Technologies on board member Kenneth Langone who joined the company at his invitation 8 After departing DBT Online Asher founded Seisint in 1999 by merging two companies ChoicePoint Public Records filed a lawsuit against Asher and Seisint in 2001 at Palm Beach County Circuit Court alleging Seisint stole technology including source code and computer hardware with the help of one of Asher s employees who was well known fraudster and data hacker Dr Timothy Klipsic Asher counter sued in 2001 in the Fort Lauderdale U S District Court alleging unfair business practices by ChoicePoint Director Kenneth Langone and sought more than US 1 6 billion in damages Both suits were dismissed on March 8 2005 after ChoicePoint settled with Asher and Klipsic served 18 months in federal state prison While at Seisint Hank Asher played a leading role in developing the Multistate Anti Terrorism Information Exchange MATRIX datamining system for the Florida Department of Law Enforcement described as a tool to help state law enforcement officials identify potential terrorists The MATRIX program was shut down in June 2005 after federal funding was cut in the wake of public concerns over privacy and state surveillance 9 Seisint was later sold to Anglo Dutch publishing giant Reed Elsevier in July 2004 for US 775 million and combined with its own data aggregation subsidiary LexisNexis 10 Asher had retained a large stake in the company and said in an interview that he would earn more than 250 million from the sale 11 Asher made considerable donations to U S political parties and candidates amounting to US 735 000 from 1999 to 2004 including US 505 000 to the Democrats 3 Philanthropy EditWork with Missing and Exploited Children Edit Over the course of his career in the data business Asher donated the services of his respective companies to an indeterminable number of law enforcement agencies and most notably the National Center for Missing and Exploited Children No fewer than 109 children have been found as a direct result of Asher s help according to Ernie Allen president of National Center for Missing and Exploited Children Asher is the largest private donor in the history of the National Center for Missing and Exploited Children 3 His final venture TLO focuses directly on aiding these same groups in the mission of protecting children Asher supplied law enforcement in all 50 states and 39 countries a system that identifies pedophiles in cyberspace and is responsible for thousands of arrests and child rescues 4 He has attracted many prominent leaders to assist or support TLO 12 13 Bob Butterworth former Florida Attorney General former Director Florida Department of Children and Families Kenneth Hunter former Chief Postal Inspector United States Postal Inspection Service Mark Lunsford Father Jessica Lunsford Mike Moore U S politician former Mississippi Attorney General Ed Smart Father Elizabeth Smart John Walsh Host America s Most Wanted Founder National Center for Missing and Exploited Children Reve Walsh Founder National Center for Missing and Exploited ChildrenIn April 2009 Reed Elsevier filed a suit in Palm Beach County Circuit Court which alleged Asher violated his non compete agreement with the formation of TLO At the time Reed Elsevier s attorney Faith Gay stated He is out trying to sell a commercial product We re seeking damages for any harm that Asher has caused to our customer base 14 Asher responded with a counter suit seeking 1 billion in damages He said This lawsuit is completely without merit and is a sad and disingenuous attempt to slow down the enormous progress we are making in our efforts to rescue children from sexual predators I have given my systems to NCMEC for free since 1993 Every child that is rescued because of one of my systems is a paycheck for my soul The allegation that someday I would charge for this work is insane 15 The case was dismissed 15 days prior to the expiration of the non compete on September 1 2009 Asher commented I find it kind of hysterical that they sued me before I competed and the case was dismissed before the non compete ended 16 Cancer Research Edit Asher began his cancer research in 2001 when he put together a team of doctors and scientists He started by philanthropically funding and working with Mayo Clinic scientists on research projects he thought had promise Simultaneously he started clinical trials in Costa Rica to find a cure for his sister s newly diagnosed disease Multiple Myeloma In 2004 Asher formed JARI Research Foundation a philanthropic endeavor to support breakthrough cancer research 17 The foundation evolved into JARI Research Corporation a year later in cooperation with the Mayo Clinic Clinical trials are conducted in the Dominican Republic Major Events Edit Asher has a history of dedicating his personal efforts and the resources of his companies in times of crisis Two notable events are the September 11 attacks and Beltway sniper attacks Attacks on September 11 2001 Edit In the wake of the September 11 attacks Asher worked with the FBI constructing a secure room inside the headquarters of his company at the time Seisint Asher and his team of programmers worked to identify associates of the terrorists producing lists of individuals worth investigating later leading to several arrests Asher said You could accidentally live next door to Mohammed Atta You couldn t accidentally live next door to Mohammed Atta twice 18 Beltway sniper attacks Edit At the height of the 2002 Beltway sniper attacks in the Washington D C area Asher worked with the FBI utilizing his data fusion invention the Multistate Anti Terrorism Information Exchange known as MATRIX to link investigation details to the real identity of John Allen Muhammad They produced the list of all his relatives associates every place he ever lived Asher recounts The next morning they were in Tacoma Washington cutting the stump down that had the projectiles in it that matched the projectiles from the killings The next evening the snipers were apprehended 3 References Edit Hank Asher Obituary WSJ Marketwatch loaded January 31 2013 Hank Asher Entrepreneur Technology Visionary and Philanthropist Dies at 61 Reuters Reuters Archived from the original on September 24 2015 Retrieved July 1 2017 Reuters loaded August 26 2014 a b c d e f g When maverick cyber pioneer Hank Asher invented MATRIX Vanity Fair December 2004 loaded March 14 2007 a b c d 1 permanent dead link Bloomberg Business Week September 15 2011 loaded October 6 2011 Boca s Seisint Sold In 775 Million Deal Sun Sentinel July 16 2004 loaded December 2 2013 2 South Florida Business journal May 2013 TransUnion Closes Acquisition of TLO Inside Arm Inside Arm December 18 2013 Retrieved May 13 2015 Database pioneer ready for new adventure South Florida Business Journal March 21 2005 loaded April 2 2007 MATRIX data mining system is unplugged Archived July 13 2007 at the Wayback Machine Privacy International June 5 2005 loaded March 30 2007 3 GNN Government News Network Archived from the original on September 30 2007 Retrieved March 30 2007 LexisNexis to Buy Seisint for 775 Million The Washington Post July 15 2004 loaded April 2 2007 Boca database entrepreneur turns his attention from terrorists to pedophiles The Palm Beach Post March 14 2009 loaded May 26 2009 Asher attracts Most Wanted support South Florida Business Journal April 9 2009 loaded May 26 2009 Hank Asher sued by former company South Florida Business Journal April 3 2009 loaded May 26 2009 Sham ful Behaviour European Reed Elsevier Countersued for 1 Billion Archived March 22 2012 at the Wayback Machine PRNewswire May 1 2009 loaded May 26 2009 LexisNexis suit against Asher dismissed South Florida Business Journal August 18 2009 loaded September 20 2009 Jari Research loaded April 2 2007 Archived October 8 2007 at the Wayback Machine The Net s Master Data miner Vanity Fair External links EditJari Research loaded April 2 2007 TLO Online Investigative Systems loaded September 20 2007 When maverick cyber pioneer Hank Asher invented MATRIX Vanity Fair December 2004 loaded March 14 2007 Database pioneer ready for new adventure South Florida Business Journal March 21 2005 loaded April 2 2007 Tracking Hank Asher Gulfshore Life Summer 2005 loaded April 2 2007 dead link Hank Asher profile at SourceWatch Retrieved from https en wikipedia org w index php title Hank Asher amp oldid 1135403104, wikipedia, wiki, book, books, library,

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