Cyber-defense firm Illusive Networks has named Steve Katz to its board of advisors. Katz, who has worked in the sector for nearly 40 years, is the founder of consultancy Security Risk Solutions, LLC. He is also the first to take on a chief information security officer position (CISO), effectively coining the role’s name.
“I’ve seen massive changes take place during my career in cybersecurity, and the pace of change today keeps this field both interesting and challenging,” Katz said. ”There’s always more to learn, and there are always new companies with fresh ideas that need mentoring and guidance. I’m looking forward to offering these to Illusive Networks.”
Katz began his career at JP Morgan, where he first served as an information security officer, before moving to head of information security. He worked at the company for 11 years. He then moved to Citigroup, where he was named the industry’s first CISO, a role he held for six years. Since then, Katz has worked in numerous cybersecurity-related positions, including executive advisor to the head of technology at Kaiser Permanente. Since 2003, he has acted as executive advisor of security and privacy at Big Four firm Deloitte.
Katz has testified numerous times before US Congress on matters regarding financial services security, and worked as financial services sector coordinator for critical infrastructure protection by the Secretary of the Treasury. He holds a degree from New York University.
“We’re fundamentally changing the way organizations approach cybersecurity,” Ofer Israeli, CEO of Illusive Networks, said. “Steve has proven his ability to adapt to the ever-changing cybersecurity environment and come out on top, so we’re excited to put his experience and expertise to work for our customers.”
Illusive Networks is headquartered in both Tel Aviv, Israel and New York City. It was founded in 2014. The company works with its clients to prevent cyberattacks by using “agentless, advanced automation” to stop would-be threats before they take action.