Finance & Banking , Industry Specific , Video

Profiles in Leadership: Vlad Brodsky

OTC Markets CISO on Ransomware, Regulations Affecting the Financial Services Space
Vlad Brodsky, CISO, OTC Markets Group, and executive member of the CyberEdBoard

Over the past nine years, OTC Markets Group has gone from having almost no sector-specific cybersecurity regulations to highly robust ones, according to CISO Vlad Brodsky.

See Also: The Evolution of Online Fraud in 2023 and Best Practices to Plug the Gaps

The New York-based financial market has been subject to stringent policies and procedures since 2016 to ensure OTC's cybersecurity and resiliency are on par with the expectations of investors and others who buy and sell stock, Brodsky said. He has also dealt with the emergence of ransomware as a major cyberthreat and has put in significant effort to ensure OTC is as resilient as possible in the face of a potential attack.

"We have to stay nimble in the information security landscape," Brodsky said. "And that means always paying attention to what the latest threats are and adjusting the strategy for the firm accordingly, both when it comes to regulatory concerns - which change quite frequently - as well as the actual cybersecurity concerns."

In this interview with Information Security Media Group as part of the CyberEdBoard's ongoing Profiles in Leadership series, Brodsky also discussed:

  • How to effectively put cybersecurity threats in business terms;
  • The new technologies he's currently most excited about and why;
  • Best practices for hiring and retaining talented employees.

Brodsky's responsibilities include leading OTC's cybersecurity strategy, program and processes as well as running the firm's IT operations and infrastructure. In his nine years with the firm, Brodsky has been instrumental in improving OTC's technology processes and creating a risk-based information security program designed to satisfy business and regulatory requirements. Brodsky previously worked as a chief security officer at Innovest Systems, a SaaS provider in the trust accounting and wealth management space, where he was responsible for all information security.

CyberEdBoard is ISMG's premier members-only community of senior-most executives and thought leaders in the fields of security, risk, privacy and IT. CyberEdBoard provides executives with a powerful, peer-driven collaborative ecosystem, private meetings and a library of resources to address complex challenges shared by thousands of CISOs and senior security leaders located in 65 different countries worldwide.

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About the Author

Michael Novinson

Michael Novinson

Managing Editor, Business, ISMG

Novinson is responsible for covering the vendor and technology landscape. Prior to joining ISMG, he spent four and a half years covering all the major cybersecurity vendors at CRN, with a focus on their programs and offerings for IT service providers. He was recognized for his breaking news coverage of the August 2019 coordinated ransomware attack against local governments in Texas as well as for his continued reporting around the SolarWinds hack in late 2020 and early 2021.




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