As Chief Information Security Officer (CISO) for Progress, Richard Barretto is responsible for refining and growing the company’s security strategy and implementing information security standards and policies. He has 20+ years of experience and has been a security leader in varying roles for the last 10 years. Before joining Progress, Richard helped build a Governance, Risk and Compliance team and Security Operations Center for Cimpress, a publicly traded, multi-billion-dollar, global organization. He has managed large global security teams and is recognized as an industry thought leader in areas of risk management, security operations and the security best practices organizations should adopt.
Financial institutions are 300 times as likely as other companies to be targeted by a cyberattack. Unfortunately, the systems designed to help (such as alerting or security monitoring tools) can overwhelm a bank’s IT department.