Provident Bank, a leading New Jersey-based financial institution, has announced the appointment of Vivin Varghese as its new Chief Information Security Officer (CISO). Varghese brings over 16 years of experience in information security, most recently serving as CISO at Customers Bank. He will be responsible for overseeing the bank’s information security policies, procedures, and practices, ensuring the protection of sensitive data and systems.
The role of the Chief Information Security Officer (CISO) has evolved beyond ensuring compliance to providing risk-based assessments and mitigation options to the board of directors. To effectively counsel the board, CISOs must translate data into real business risk, assess risk through a board perspective with data-driven evidence, put risk in the context of business objectives, and make actionable recommendations that move the needle. This enhanced CISO-board relationship fosters a comprehensive understanding of risks, enabling organizations to successfully navigate the evolving threat landscape in the context of business objectives.
