Latest news with #informationsecurity
Finextra
a day 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.'
Reuters
2 days ago
- Business
- Reuters
In-House Counsel File Practical Law The Journal
Career in Brief Experience: 2014–present: Verizon Communications Inc. (2017–present: Associate General Counsel & Director, Policy, Corporate Social Responsibility, Information Security, Legal and Security Department; 2014–2017: Assistant General Counsel & Director, Public Policy, Law and Security Department); 2011–2013: Ferring Pharmaceuticals Inc., Assistant General Counsel; 2010–2011: Mylan Specialty L.P. (formerly Dey Pharma, L.P.), Associate Counsel; 2009–2010: Biomet, Inc., Corporate Counsel, Commercial Transactions; 2002–2008: Schering-Plough Corporation, Senior Counsel; 2000–2002: Update Legal, Inc., Attorney. Education: 2000: J.D., Thurgood Marshall School of Law; 1997: Comparative Law studies, University of Oxford; 1993: H.B.A. (Industrial Relations and Economics), University of Toronto. Location of Company HQ: New York City. Primary Industry Sector: Technology and Telecommunications. Revenues in the Last Financial Year: $134.8 billion. Number of Attorneys Worldwide: 410 attorneys. Legal Department Locations: Basking Ridge, New Jersey; Alpharetta, Georgia; Irving, Texas; Washington, DC; Dublin, Ireland; Readington, England. How is the legal function structured? The legal function is structured by practice area, such as litigation, regulatory, compliance, employment, information technology, and security, as well as by business area, such as procurement, marketing, and sales. What is the top area of focus for the legal department? We are focused on delivering quality, ethical support to the business units to realize company-wide goals while remaining compliant with the Verizon Code of Conduct and industry regulations. It is imperative to remain apprised and aware of changing legal requirements. The legal department is agile, knowledgeable, and conscientious about being compliant. For example, any changes to employment laws are reviewed and implemented in compliance with industry requirements. What role do you play in Verizon's compliance program given the ever-changing regulatory environment? I make sure to stay up to date on the various regulatory requirements to effectively advise the different groups I support, including by taking training courses on the latest developments affecting our organization. How do you manage privilege and confidentiality concerns when communicating with employees? Employees in certain key areas sign non-disclosure agreements with respect to material, non-public information. Any privileged communications are marked as such when communicating with employees. Verizon maintains strict controls over the privacy of its information when disseminating the same, whether internally or externally with partners. What are some approaches that Verizon has taken to prioritize diversity? Verizon hires employees from various communities and geographies that reflect its customer base. There are several employee resource groups (ERGs) for different groups of employees, such as veterans, disabled or neurodivergent individuals, women, Latin Americans, South and East Asians, and African Americans, so that employees feel valued, appreciated, and heard. Each one of these ERGs is sponsored by a senior executive. As law departments' responsibilities evolve, what skills or competencies should in-house counsel develop to support the company's legal and operational needs? In-house counsel should develop a solid understanding of how businesses operate in specific industries, as well as an in-depth knowledge of financial principles and regulatory requirements and guidelines. What role do you see AI playing in the legal field over the next few years? Even now, I see AI becoming prevalent in the legal field, including in facilitating daily work operations such as accessing, analyzing, and utilizing information efficiently. AI cannot be avoided, but controls and parameters need to be established to prevent the unlawful dissemination of information and protect the privacy of customer information. What three things does a law firm need to do to impress you? A law firm needs to: What advice would you give to a prospective in-house counsel? Be responsive and communicative. Additionally, complete tasks thoroughly and on time in compliance with business needs and goals. What is a challenge you have faced in your role and what did you learn from it? One challenge I faced was learning to reconcile urgent business requests with established processes and protocols to remain compliant with the Verizon Code of Conduct. I learned that consistent compliance establishes known standards and this, in turn, makes legal review more efficient. If not an attorney, what would you wish to be? A motivational speaker. What are your hobbies? Traveling, fundraising for non-profits, and mentoring youth. What is your favorite book? Ruth Bader Ginsburg: A Life by Jane Sherron de Hart.
Associated Press
6 days ago
- Business
- Associated Press
Taazaa Inc. Secures ISO 27001:2022 Certification, Reinforcing Commitment to Data Security for Clients
HUDSON, OH, UNITED STATES, May 28, 2025 / / -- Taazaa Inc., a leading product engineering and software development company, is proud to announce it has achieved ISO 27001:2022 certification, the globally recognized standard for Information Security Management Systems (ISMS). This milestone underscores Taazaa's dedication to safeguarding sensitive data and delivering secure, high-quality software solutions to its mission-minded clients. The ISO 27001:2022 certification validates Taazaa's robust framework for managing information security risks and ensuring the confidentiality, integrity, and availability of client data. Many of Taazaa's clients are mission-driven organizations in healthcare, finance, and other industries that depend upon secure, reliable, and innovative software solutions. 'Security is foundational to the trust our clients place in us,' said Yasir Drabu, Founder and CEO of Taazaa. 'They rely on us to deliver custom software solutions that are not only innovative but also secure. This certification assures them that their data is in safe hands, allowing them to focus on transforming their businesses with confidence.' For Taazaa's clients, this milestone means: Stronger data protection: Taazaa's certified ISMS ensures client data, intellectual property, and sensitive information are protected against cyber threats, reducing the risk of breaches and ensuring compliance with regulations like GDPR and HIPAA. Increased Trust and Credibility: The certification demonstrates Taazaa's commitment to global best practices, giving clients confidence that their projects are handled with the highest security standards. Competitive Advantage: For organizations seeking trusted partners, Taazaa's ISO 27001:2022 certification serves as a differentiator, enabling clients to meet their own compliance requirements and win business in regulated industries. Streamlined Operations: Taazaa's secure processes optimize project delivery, ensuring efficiency without compromising safety, so clients can focus on their core mission. Taazaa's agile, high-empathy, low-friction, design-based development practices, combined with this certification, position the company to deliver software that enables clients to flourish. By adhering to ISO 27001:2022 standards, Taazaa ensures that its solutions meet the highest security benchmarks—whether they're AI-driven chatbots, progressive web apps, or custom software platforms. For more information about Taazaa's services or to explore how their ISO 27001:2022-certified processes can benefit your organization, visit or contact [email protected]. About Taazaa Inc. Taazaa Inc. is a product engineering and software development company dedicated to helping mission-minded organizations stay relevant through custom software solutions and emerging technologies. With a focus on agile, empathetic, and design-driven development, Taazaa empowers its clients and their users to thrive in a rapidly evolving digital landscape. Naveen Joshi Taazaa Inc +1 330-249-1179 email us here Visit us on social media: LinkedIn Instagram Facebook YouTube X 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.
Zawya
27-05-2025
- Business
- Zawya
Leading cybersecurity minds to converge at Security Summit in Cape Town and Johannesburg
With over 80 speakers and panellists on the agenda, the upcoming annual ITWeb Security Summit promises to live up to its reputation as the most significant, must-attend event for information security professionals in Africa. This year marks the 20th anniversary of the annual ITWeb Security Summit, an event that has evolved alongside technology trends shaping the future of cybersecurity. 'Over the past two decades, the summit has consistently attracted high-profile cybersecurity specialists, solution providers, and business leaders,' says Lisa Lawlor, ITWeb events director. 'With the growing impact of AI and other emerging technologies, and the increasing role of cyber in geopolitics, the demand for informed insight and the need for strategies that not only defend against cyber threats but also anticipate them has never been more critical.' Eleven globally renowned cybersecurity experts will deliver keynote addresses, covering a wide spectrum of pressing security challenges – from the impact of AI in cyber defence, to social engineering, Africa's unique cybersecurity landscape, and latest developments in data security, governance and compliance. Global keynote line-up The summit will feature eleven globally renowned cybersecurity experts delivering keynote presentations across both cities. Among the headline speakers in Johannesburg is Jamie Bartlett, British author and tech commentator, known for his award-winning BBC podcast The Missing Cryptoqueen and best-selling book The Dark Net. Bartlett will unpack insights from his five-year investigation into the world's largest crypto scam and explore how AI is reshaping online crime and fraud. Other Johannesburg keynote speakers include: - Tope Olufon, senior analyst, Forrester: The role of AI In cyber security - Dr Bianca Lins, legal officer and lead, space department, Office for Communications, Liechtenstein: Space assets under siege: unseen cyber security challenges and a path forward - Andy Kennedy, senior solutions engineering manager, UK, Ireland and South Africa, Cloudflare: Factoring harm as part of a risk-based approach to cyber security - Gilbert Nyandeje, founder and CEO, Africa Cyber Defense Forum (ACDF): Cyber security from an African perspective - Lisa Flynn, founder, Catalysts & Canaries Research Institute & Training Academy: Unmasking the deception: Tackling social engineering and ai deepfake threats - Jack Chapman, SVP, threat intelligence, KnowBe4: AI for security and the security of AI In Cape Town, Jeff Moss, renowned cybersecurity pioneer and founder of DEF CON and Black Hat, will provide a hacker's look at an ever more complex world. With his keynote titled 'Internet problems are global problems', he will challenge attendees to rethink their cybersecurity strategies in the face of rising complexity, and consider how AI and geopolitics are reshaping the rules of engagement. Additional international keynotes in Cape Town include: - Siobhan Gorman, partner, Brunswick Group: Countering cyber threats in 2025: Geopolitics, AI, and the next wave of cyberattacks - Martin Koyabe, senior manager and technical lead, Global Forum of Cyber Expertise (GFCE) Africa: Cyber security from an African perspective - Dmitry Berezin, global security solutions expert, Kaspersky: How cyber attackers are using AI and how businesses should respond A platform for collaboration The ITWeb Security Summit 2025 will once again provide a platform for cybersecurity professionals, IT decision makers, policymakers, vendors and service providers to exchange ideas, showcase solutions, and define effective defence and risk strategies. Attendees can expect: - In-depth workshops and hands-on training - Deep insights by global cyber security thought leaders - Expert-led panel discussions and technical sessions - Cutting-edge product demonstrations - Networking opportunities with industry leaders and peers Event dates Cape Town: - 27 May 2025 – Workshops - 28 May 2025 – Conference and exhibition at the CTICC Johannesburg: - 3–4 June 2025 – Conference & Exhibition - 5 June 2025 – Workshops at the Sandton Convention Centre Register today to attend the Security Summit in Cape Town or Johannesburg. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
Globe and Mail
23-05-2025
- Business
- Globe and Mail
Abaxx Singapore Achieves ISO/IEC 27001:2022 Certification for Information Security Management
TORONTO, May 23, 2025 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (' Abaxx ' or the ' Company '), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte. Ltd. (' Abaxx Singapore '), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, ' Abaxx Exchange ' and ' Abaxx Clearing '), and producer of the SmarterMarkets™ Podcast, today announced that Abaxx Singapore has achieved ISO/IEC 27001:2022 certification for its Information Security Management System (ISMS). The certification confirms that Abaxx Singapore's exchange and clearing infrastructure meets internationally recognized standards for securing data, managing risk, and supporting operational resilience. The certification was awarded by Prescient Security, an independent global cybersecurity firm specializing in information security audits, compliance assessments, and penetration testing. ISO/IEC 27001:2022 is the global standard for information security management systems (ISMS), providing a framework for managing data security risks across people, processes, and technology. It is jointly published by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC). As part of the certification process, Abaxx Singapore underwent a comprehensive audit of its IT systems, risk management protocols, and governance controls. The review confirmed alignment with global best practices for establishing, maintaining, and continually improving information security management frameworks. 'Achieving ISO/IEC 27001:2022 certification demonstrates that our exchange and clearing infrastructure aligns with the highest global standards for information security,' said Nancy Seah, CEO of Abaxx Exchange. 'For market participants, it provides assurance that the systems supporting trade execution, clearing, and data protection are built on a secure and resilient foundation. It also supports onboarding and ongoing operations with global institutions that require independently audited controls for risk, compliance, and business continuity.' About Abaxx Technologies Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition. In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the indirect majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiary Abaxx Spot Pte. Ltd., the operator of Abaxx Spot. Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals, meeting the commercial needs of today's commodity markets and establishing the next generation of global benchmarks. For more information about this press release, please contact: Steve Fray, CFO Tel: +1 647 490 1590 Media and I nvestor inquiries: Abaxx Technologies Inc. Investor Relations Team Tel: +1 647 490 1590 E-mail: ir@ Cautionary Statement Regarding Forward-Looking Information This press release includes certain 'forward-looking statements' which do not consist of historical facts. Forward-looking statements include estimates and statements that describe Abaxx's future plans, objectives, or goals, including words to the effect that Abaxx expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as 'seeking', 'should', 'intend', 'predict', 'potential', 'believes', 'anticipates', 'expects', 'estimates', 'may', 'could', 'would', 'will', 'continue', 'plan' or the negative of these terms and similar expressions. Since forward-looking statements are based on current expectations and assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Abaxx, Abaxx does not provide any assurance that actual results will meet respective management expectations. Risks, uncertainties, assumptions, and other factors involved with forward- looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information related to Abaxx in this press release includes, but is not limited to: Abaxx's objectives, goals or future plans; focus on risk management; and development of secure infrastructure. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; dilution; Abaxx's limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx's products and operations; the ability to list Abaxx's securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third- party software license risk; system failure risk; risk of technological change; dependence of technical infrastructure; changes in the price of commodities; capital market conditions; and restriction on labor and international travel and supply chains in addition to the risk factors identified in the Company's most recent management discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx's normal course of business. Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward- looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.
