12. Cyber Security Awards 2023 Wealth & Finance May23110 Best In-House Financial Cyber Security Research Consultant 2023 (USA): Ivan Garcia Operating in 35 countries and serving over 70 million customers worldwide, Wells Fargo is an American multinational financial services organisation with an impressive global presence. It strives to satisfy all of its customers’ financial needs, offering services that range from consumer banking and lending to wealth and investment management. Wells Fargo has a rich history, spanning back to its foundation in 1852, when Henry Wells and William Fargo built an innovative start-up dedicated to helping people build businesses and manage their finances in a rapidly changing world. Since then, people have turned to the company for innovative financial services, which have helped them through times of prosperity, depression, and war. With such a large customer base, Wells Fargo is responsible for the protection of a great deal of data. As technology continues to advance, more monetary transactions are occurring online. While this is convenient for customers and financial institutions alike, online transactions come with risks. The cyberspace is filled with predators seeking to rob innocent victims of their hard-earned funds through cyberattacks. The financial industry is a prime target for cybercriminals. For banking companies like Wells Fargo, cybersecurity is essential for protecting customer data, preventing financial fraud, ensuring regulatory compliance, and safeguarding intellectual property. This not only benefits customers by ensuring that their funds are properly protected, but also prevents the organisation from suffering a costly blow to its reputation. Wells Fargo hires a number of cybersecurity professionals, who are responsible for identifying problems, evaluating security issues, assessing risk, and implementing solutions to defend against threats. The company invests in a Red Team, which is a group of employees who pretend to be an enemy and attempt intrusion to identify security issues. Based on their findings, the team creates reports that can be used to improve security defences. Ivan Garcia is one of Wells Fargo’s excellent Cyber Security Research Consultants, working as part of the Red Team’s Validation Team. His job primarily involves making sure that the findings from the team’s operations and third party have been resolved. Prior to working at Wells Fargo, Ivan graduated at age 20 with a bachelor’s degree in information technology and, a year later, obtained his master’s in ethical hacking and cybersecurity. During his postgraduate studies, he interned at the Mayo Clinic. Ivan strives to use the knowledge and experience he has gained to further the public’s understanding of privacy legislation and assist in promoting privacy laws in the United States. “One of the most important things to me is education, so I want to be able to teach the populace about how to better protect themselves regarding privacy,” he explains. “I have also started going to underprivileged schools to show them that a future in cybersecurity is a very possible career to pursue and try to encourage them to pursue ideas that they might have thought impossible.” As a result of the work he does in his role at Wells Fargo, Ivan Garcia has been awarded Best In-House Financial Cyber Security Research Consultant, USA, in the Cyber Security Awards 2023. We congratulate him on this accomplishment and look forward to seeing what he goes on to achieve in the years to come. Company: Wells Fargo Contact: Ivan Garcia Web Address: www.wellsfargo.com Founded in 1852, Wells Fargo is a diversified, community-based financial company that provides banking, investment, and mortgage products and services. With more than 7,300 locations and 12,000 ATMs, the company serves one in three households in the United States. Due to its size and the nature of its work, it is essential that Wells Fargo takes cybersecurity seriously. This is why the company invests in a robust cybersecurity team, including in-house Cyber Security Research Consultants like Ivan Garcia. “Operating in 35 countries and serving over 70 million customers worldwide, Wells Fargo is an American multinational financial services organisation with an impressive global presence. ”
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