Safe Security onboards Bank of America’s David Reilly

Cyber security firm Safe Security has appointed David Reilly to its advisory board. Before joining Safe Security Reilly was with Bank of America’s global banking and markets business as the Chief Information Officer (CIO). 

Reilly also had stints with financial services industry including Morgan Stanley and Credit Suisse, and Goldman Sachs. 

“David has been an active advocate of the need for quantification in cyber risk management. He has been advising us to build the right product roadmap and strategy, and with him, we are a step closer to realising our mission of making SAFE the de-facto standard for measuring and mitigating cyber risk,” said Saket Modi, Co-founder and CEO, Safe Security. 

“Cybersecurity is one of the most significant concerns for Boards and business leaders today. While businesses across sectors and market segments continue to invest in cybersecurity, there is a lack of a consistent and objective set of metrics to communicate and express cyber risk posture to the Board and other stakeholders,” said Reilly. 

Reilly further added that as technology continues to become pervasive, cyber risk quantification, prioritisation and communication needs to become standardised. 

Safe Security had roped in Michael Johnson to its board last year. He was the chief information security officer (CISO) of Facebook’s parent Meta Platforms’ Meta Financial Technologies before joining Safe Security. 

Johnson has previously served as the CIO of the United States Department of Energy, Department of Homeland Security and in the Executive Office of the US President. 

In January this year, Safe security entered into a collaboration with Indian IT services provider Infosys help organisations mitigate breaches and to achieve an enterprise-wide view of the overall cyber risks and predict breaches.