When Steve Katz was named chief information security officer of Citibank in 1995, he was given two directives: build the best information security department in the world and limit the damage from the 1994 hack of the bank's funds transfer system. Katz ultimately accomplished both by adhering to the same philosophy: "Information security is a business risk management issue."
In episode 6 of the CISO Stories podcast series, Katz, the industry's first-ever CISO and founder and CEO of Security Risk Solutions LLC, talks with Todd Fitzgerald, vice president of cybersecurity strategy at Cybersecurity Collaborative, about the processes and methodologies he put in place to establish the companywide security program at Citibank. He also discusses the critical role the business information security officer plays in the security equation, why security leaders need to be able to make complicated concepts easy to understand and the steps a technology expert should take when considering a move into a security executive role.
The Cybersecurity Collaborative, in conjunction with Cybereason, is proud to present CISO Stories, a podcast series that each week takes a deep dive on security leadership with top security professionals from across the public and private sectors who share their insights and expertise with the community. Click here to access all available episodes of CISO Stories.