Latest news with #CISO
Yahoo
7 hours ago
- Business
- Yahoo
CISO Global reaffirms FY25 guidance, expects $35M in cybersecurity revenue
CISO Global (CISO) also reaffirmed its previous financial guidance, expecting to achieve approximately $35 million in cybersecurity services revenue and $5 million in software bookings for the current fiscal year. This guidance aligns with the company's strategic initiatives, robust customer growth, and sustained demand for cybersecurity solutions across multiple industries. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on CISO: Disclaimer & DisclosureReport an Issue CISO Global's CHECKLIGHT increases warranty to $1M per incident CISO Global announces partnership with Cyber Assurance Group CISO Global eliminates convertible debt Sign in to access your portfolio
Yahoo
7 hours ago
- Business
- Yahoo
CISO Global receives NASDAQ full compliance
CISO Global (CISO) announces it has received formal notifications from NASDAQ confirming that the company is in full compliance with all NASDAQ listing standards. The NASDAQ notifications verified that CISO Global has satisfied all previously outstanding listing requirements, underscoring the company's strong commitment to corporate governance, transparency, and shareholder value. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on CISO: Disclaimer & DisclosureReport an Issue CISO Global's CHECKLIGHT increases warranty to $1M per incident CISO Global announces partnership with Cyber Assurance Group CISO Global eliminates convertible debt
Associated Press
9 hours ago
- Business
- Associated Press
Apex Group appoints new Group Chief Information Security Officer
Apex Group hires Azeem Bashir as the Group CISO, overseeing the Group's enterprise-wide Cyber Security Strategy LONDON, UNITED KINGDOM, June 4, 2025 / / -- Apex Group Ltd. ('Apex Group'), the leading global financial services provider, is pleased to announce the appointment of Azeem Bashir as the Group Chief Information Security Officer (CISO). With over 25 years of cybersecurity leadership experience spanning Investment and retail banking, crypto, tokenisation, Blockchain, AI, Oil and Gas, critical national infrastructure, Governmental, and energy sectors, Azeem joins Apex Group at a pivotal time for the organisation, bringing exceptional expertise in cyber resilience, threat intelligence, and secure digital transformation. As a globally recognised and award-winning CISO, Azeem has advised regulatory and governmental bodies across the globe, managed responses to major cyber incidents, and led transformation programmes across EMEA and APAC regions. In his new role, Azeem will oversee and enhance Apex Group's enterprise-wide cybersecurity strategy, focusing on four key areas: • Cyber security: Leading threat identification, detection, protection, response, and recovery across the organisation. • Security strategy: Establishing and managing robust policies and controls to elevate information security maturity. • Technology governance and risk: Chairing the Technology Risk Forum and leading global risk assessments. • Technology assurance: Driving IT audits and due diligence, ensuring compliance and continuous improvement. Azeem is globally recognised for aligning security strategies with business outcomes, building resilient teams, and delivering measurable results across multiple sectors. His appointment reinforces Apex Group's ongoing commitment to securing its data, platforms, and services, while enabling sustainable and innovative growth for its clients worldwide. Azeem Bashir, Group Chief Information Security Officer at Apex Group, said: 'It gives me great pleasure to join the Apex Group and embark on this new chapter. I chose to join the Apex Group as I felt that my values, and the businesses align well - Integrity, Trust, and Innovation. 'To stay ahead of today's evolving threat landscape, we must move beyond traditional models and embrace a risk based, threat intelligence-led, secure-by-design approach. This means embedding resilience at every level and aligning security to support speed, scale and customer trust; security must be a design pillar, not an afterthought.' Also, commenting on the appointment, Marie Measures, Chief Digital Information Officer at Apex Group said: 'We are delighted to welcome Azeem to Apex. His breadth of experience and forward-thinking approach to cybersecurity are exactly what we need as we continue to evolve and grow globally. 'As we navigate an era of increasing digital dependency and sophisticated cyber threats, Azeem's role is crucial in continually strengthening our enterprise cyber security and resilience capabilities. His leadership will play a critical role in reinforcing client trust, protecting our infrastructure, and supporting our innovation agenda.' -ends- Notes to editors About Apex Group Apex Group is dedicated to driving positive change in financial services while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the industry through its investment in innovation and talent. Today, Apex Group sets the pace in fund and asset servicing and stands out for its unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. Apex Group leads the industry with a broad and unmatched range of services, including capital raising, business and corporate management, fund and investor administration, portfolio and investment administration, ESG, capital markets and transactions support. These services are tailored to each client and are delivered both at the Group level and via specialist subsidiary brands. The Apex Foundation, a not-for-profit entity, is the Group's passionate commitment to empower sustainable change. Newsroom Apex Group [email protected] Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Finextra
2 days ago
- Business
- Finextra
DTCC appoints Laura Deaner as chief information security officer
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Laura Deaner as Chief Information Security Officer (CISO), reporting to Lynn Bishop, Chief Information Officer. 6 Deaner will be responsible for managing DTCC's enterprise-wide cyber strategies to protect the firm's information and systems as well as designing and enhancing the organization's information and cybersecurity programs and roadmaps to support DTCC business and resiliency efforts. In addition, she will continue to ensure that cyber resilience is incorporated into strategic firm initiatives, including product and technology deployments, AI-fueled innovation and cloud adoption. Deaner brings more than 25 years of leadership and expertise in information security management to DTCC, including serving the last 12 years as CISO at Northwestern Mutual, S&P Global and, before that, PR Newswire. In each of these endeavors, Deaner led major cybersecurity transformation initiatives, bringing innovative approaches, new security practices and novel security architecture and governing practices, which produced measurable increases in program maturity. Prior to that, Deaner served in roles of increasing responsibility at Morgan Stanley, JP Morgan Chase and Citigroup. Deaner has served as a Board Member with the Financial Services Information Sharing Analysis Center (FS-ISAC) since 2022 and is a NYU Tandon Cyber Fellows Advisory Council member. 'As we continue to strengthen our technology infrastructure to protect against cyber-threats, Laura's expertise and leadership will enable us to drive a more holistic program to further upgrade our defense capabilities,' said Bishop. 'Her deep experience as a CISO will be critical as we continue to implement innovative strategies and leverage new technologies to enhance our security operations and safeguard the global markets and our clients.' Deaner said, 'DTCC plays a vital role in safeguarding the global financial system, and I'm proud to contribute to that mission by advancing a resilient, adaptive and risk-aligned cybersecurity posture. This work is deeply collaborative, and I'm looking forward to partnering closely across teams to protect what matters most: trust, stability and market integrity.'
Forbes
28-05-2025
- Business
- Forbes
Establishing A Secure Foundation Of Trust For AI Development
A race car isn't fast because of the engine alone—it's the brakes that make speed safe and ... More controlled. Trust enables acceleration. Artificial intelligence is changing how we build software. It speeds up development and helps teams ship faster. But with that speed comes a big question: Can we trust the software AI creates? In a world of AI-powered code, trust isn't a bonus—it's a must. AI coding tools like GitHub Copilot and Gemini Code Assist are everywhere. Developers are using them to build faster and automate more. But AI also brings new risks. AI doesn't just help write code. It changes how software is built. It changes who builds it. And it changes what's possible—both good and bad. I sat down with Danny Allan, CTO of Snyk, to talk about how software development is evolving and what we need to do to ensure we can trust it. 'We're in a perfect storm right now,' he declared. Allan described the three converging fronts of the perfect storm: AI is creating more code than ever. That code is often less secure than what senior developers would write. And AI-native applications have a larger attack surface, especially when large language models are involved. A recent study by Snyk found that 96% of CISOs are worried about how AI is being used in development. That concern is well-placed. AI-generated code may look like regular code—but it's not. The risks are different. That's why we need a new approach. LLMs add new dangers. Prompt injection, model theft, data leaks and poisoned training sets are all part of the picture. Allan noted we are also still not logging prompt history or tracking model outputs in most organizations. He compared today's AI rush to the early days of cloud. 'Back then, no one was locking down instances or logging access,' he said. 'Now, we're doing the same with AI models.' AI isn't just another tool. It's a new layer of infrastructure. And right now, it's going mostly unsecured. That's where AI trust platforms come in. These tools aim to secure the entire AI pipeline—from how the code is written to how the models behave. Snyk announced the launch of its own AI Trust Platform to help address this. It includes: Allan explained the platform's goal: 'Technology can never achieve its full potential unless we trust the technology that we're using.' The rise of AI coding assistants has sparked fears that software engineers might soon be obsolete. But that vision misses the bigger picture. AI doesn't eliminate the need for developers—it changes what they do and how they add value. Danny Allan sees a future where developers fall into three evolving categories: In this model, AI doesn't shrink the developer community—it expands it. Everyone becomes a builder, but with different levels of sophistication and responsibility. And as AI-generated code becomes more common, the need for oversight, security and skilled guidance only grows. AI is a powerful tool. But human judgment—especially when it comes to security, ethics and edge-case logic—remains irreplaceable. The challenge isn't how to replace developers. It's how to re-skill and redefine them for the AI era. As AI tools become more connected, through systems like Model Context Protocol, companies must make sure those connections are safe. Snyk, for example, is offering both integrations and security guidance for MCP. That's key. Every new tool is also a new attack surface. Speed without safety leads to disaster. But trust lets you go faster with confidence. Allan shared a quote from his CEO to drive the point home: 'The reason why racers can go fast is because they have brakes. It's not because of the engine. You can go faster. And so if you want to trust it, it's the brakes that you're trusting. It's not the engine itself.' AI will keep changing how we work. That's a good thing. But trust needs to grow with it. The companies that succeed will be the ones who build trust into every layer—from the models they use to the code they ship. That means educating developers, adopting secure tools and setting clear standards. AI is the engine. Trust is the brake. And both are needed if we want to go the distance.
