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Cyber security With Confidence
Chances are you have arrived here because as your organisation has become more digitised and interconnected at an operational level, the associated risks to your business have become greater. You’re aware of the threat to your organisation’s resilience, and you also need to comply.
You need a partner. First Derivative’s team of cybersecurity experts has unparalleled banking domain expertise coupled with product knowledge. Click below to find out more about our cyber domain offerings, our case study examples, our team and our collaborations.
First Derivative is a collaborative partner of Queen’s University’s Centre for Secure Information Technologies (CSIT). An insurance industry case study highlights the work being delivered by that institution in partnership with private sector: Studies estimate that fraud costs the insurance industry $25 billion per year and that 10 per cent of all insurance losses are believed to be fraudulent. When applying these estimates to a client’s business, there is a potential $800 million in savings to be made by reducing fraud. Given the magnitude of the figures, even a small reduction in fraud can have a big impact on the company’s financial results.
The aim of the Partnership was to develop an integrated anomaly detection system to identify fraudulent claims and point of sale fraud. The partnership focused on developing a structural similarity-based matching system to identify fraudulent individuals who re-enter the system with a new identity. The client uses graph databases for insurance data management and data analytics. These graph databases provide input data to the matching system.
Experience
Sam is the Group CISO for FD Technologies, leading a team of compliance and security experts for First Derivative, KX, and historically MRP.He has 20 years experience in Technology and Leadership, across Cybersecurity, Compliance, Infrastructure and Engineering. Sam previously led the information security function and team for Formula 1. While at F1 he completed a full maturation and transformational programme, achieving their inaugural ISO 27001, CyberEssentials and PCI-DSS certifications. Previously, working in the financial sector, Sam advised banking and capital market clients on their cybersecurity and technology strategies, implementing solutions across North America, Europe and Asia.
Qualifications
CISSP, CISM, ISO 27001 Lead Implementer, NCSC Certified Incident & Response
Experience
Barry Lewis is the group deputy CISO for FD Technologies.He has 20 years experience developing, delivering and managing bespoke professional service solutions to customers. Barry previously provided these professional services and support to customer in all verticals within South Africa, significantly in Financial, Mining, Retail, Hospitality, Aviation, Utilities, and State or Government departments, including the departments of Defense, Police Services, Revenue Services, National Roads Agency. Across a wide range of security solutions, including Network security, Endpoint security, Data security, Application security, Cloud security, Security awareness, and Compliance.
Qualifications
CISSP, SABSA, MCSE
Experience
Yinka holds a decade of experience in InfoSec, Cyber Risk and Anti-Financial Crime within the Financial , Consultancy and Technical Services sectors including Deloitte, Barclays and Societe Generale . Her expertise include Cyber Security Governance, Risk Management, and Compliance Management.Qualifications
MSc Security Management
Experience
Filip Mielczarek has over 5 years experience in Cloud Security, supply chain protection, compliance and risk management within the banking industry. His experience includes onboarding of multinational banking firms to leverage the best cloud solutions in a secure and compliant way, incorporating shifting security left approach in developing software by creating dedicated frameworks.Qualifications
Google Cloud Professional Cloud Security Engineer
Consider integrating First Derivative Cyber Services and elevate your business operations to new heights.
