StanChart hires new cyber security chief from Symantec
Reuters
Published May 11, 2016 03:28AM ET
StanChart hires new cyber security chief from Symantec
LONDON (Reuters) - Standard Chartered (L:STAN) has hired former Symantec Corp (O:SYMC) executive Cheri McGuire to be its new chief information security officer, the bank said on Wednesday, as lenders globally step up efforts to combat threats to cyber security.
McGuire will be responsible for the bank's information and cyber security governance, and will report to the group's chief information officer Michael Gorriz.
Global regulators in March proposed stricter rules on how banks calculate the amount of capital they need to cover risks to operations from cyber attacks amid mounting concerns about banks' vulnerability to hacking.
Hackers earlier this year rattled the banking industry by stealing $81 million from a Bangladesh central bank account at the Federal Reserve Bank of New York, in a theft that targeted the SWIFT global money transfer system.
McGuire joins from Mountain View, California-based cyber security firm Symantec, best known for its Norton antivirus software. She replaces the bank's interim head of information security Andy Wicks.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.