Award Recognizes Bank of America’s Leadership in Cyber Security and Risk Management
Bank of America today announced that its Global Information Security group has won the SC Magazine Professional Award for Best Security Team.
The award was presented to Bank of America’s Global Information Security Group on April 17 during the 2018 SC Awards Gala held in San Francisco, Calif. Craig Froelich, Bank of America’s chief information security officer (CISO), was also named as a finalist in the “CSO of the Year” category.
The 2018 Professional Award winners were chosen by a panel of judges comprised of recognized security professionals and leaders from a variety of backgrounds and vertical markets. The individuals, programs and teams chosen as winners in the Professional Award categories go through a rigorous judging process that includes testimonials, industry assessment and additional research.
“Cyber threats keep growing, and clients rightly expect us to do everything we can to protect their information; getting this right is critical to our success,” said Craig Froelich, CISO at Bank of America. “This award is tremendous recognition of our work in this area, and I’m proud of our team’s dedication to protecting our business’ and clients’ critical information.”
Bank of America’s Global Information Security team has previously received national recognition for its cyber security and risk management efforts, as have a number of its members individually. The team also leads a variety of industry initiatives – in the U.S. and globally – to ensure the safety and resilience of the financial sector.
“Bank of America is a shining example of leadership for the entire information security industry,” said Illena Armstrong, vice president, editorial, SC Media. “The Professional Award category of the SC Awards is continually evolving to recognize those who stop threats and educate the industry on best practices for protecting sensitive information.”
The SC Awards, now in its 22nd year, are lauded as one of the most prestigious awards for information technology (IT) security professionals and products. The awards recognize the best solutions, services and professionals that work around the clock to defend against the constantly shifting threat landscape in today's marketplace.
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,400 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 36 million active users, including approximately 25 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
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Jumana Bauwens, Bank of America