Illusive Networks Adds Steve Katz to Board of Advisors
First-Ever CISO Brings Almost 40 Years of Cybersecurity Experience to the Growing Company
NEW YORK and TEL AVIV, Israel, March 17, 2020 /PR Newswire/ — Illusive Networks®, the leader in deception-based cyber defense solutions, today announced the addition of Steve Katz to its board of advisors. Steve has been directly involved in establishing, building and directing Information security and privacy functions for almost 40 years and is recognized as the first-ever Chief Information Security Officer (CISO).
The founder and president of consulting firm Security Risk Solutions, LLC, Steve will draw on his experience and deep-seated knowledge to help guide Illusive as an advisor. His long history in cybersecurity has included many roles:
• Steve became the industry’s first CISO during his time at Citicorp/Citigroup, which he joined in 1995 after the Russian hacking incident. He spent the next six years directing the company’s global corporate information security office.
• He organized and managed the information security program at JP Morgan for 10 years and also served as the Chief Information Security and Privacy Officer at Merrill Lynch, where he organized and instituted the company-wide privacy and security program.
• Katz is an executive advisor to Deloitte and serves on the advisory boards of five technology companies. He was a member of the (ISC)² Americas Advisory Board for Information Systems Security and has been an advisor to the executive committee of the Financial Services Sector Coordinating Council (FSSCC).
Steve is widely recognized as an expert in financial services security, and he’s testified before Congress numerous times. He also was appointed as the first financial services sector coordinator for critical infrastructure protection by the Secretary of the Treasury. As Illusive Networks continues to grow its work with financial services companies, Katz’ deep knowledge and expertise of the unique issues the industry faces will be a significant asset to the team.
Steve Katz, founder and president of Security Risk Solutions, LLC, said: “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. 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.”
Ofer Israeli, CEO of Illusive Networks, said: “We’re fundamentally changing the way organizations approach cybersecurity. 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.”
About Illusive Networks
Illusive Networks uses next-generation deception technology to stop cyber-attacks by paralyzing attackers, destroying their ability to make decisions, and depriving them of the means to move laterally towards attack targets. Illusive’s inescapable deception and attack surface reduction capabilities eliminate high-risk pathways to critical systems, force attackers to reveal themselves early in the threat lifecycle, and capture real-time forensics that speed incident response. Built on agentless, advanced automation, and requiring very little security team support, Illusive immediately shifts the advantage to defenders, freeing precious resources from the complicated and data-heavy approaches that overloaded them in the past.
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