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Cyber Risk Institute Announces Two Strategic Board Appointments

Washington, D.C.: The Cyber Risk Institute (CRI) is pleased to announce two significant appointments to its Board of Directors. The CRI Board unanimously approved Phillip Collett as the Board’s Vice Chair and head of the Finance Committee and John Denning as a new Board member.

Phil Collett is the Head of Technology Control Management at American Express. As a dedicated CRI Board member, Phil has been a key champion for CRI. In his role at American Express, he is responsible for a wide-ranging global portfolio that includes risk, technology controls, issue management, and the business information security office program spanning all lines of business.

John Denning currently serves as the Chief Information Security Officer (CISO) at the Financial Sector Information Sharing and Analysis Center (FS-ISAC) and brings a wealth of experience in cybersecurity and risk management to the Board. At FS-ISAC, Denning oversees the organization’s cybersecurity initiatives and risk management strategies, as well as the sharing best practices across the financial sector. His impressive career also includes prominent roles at Bank of America, the U.S. Department of Homeland Security, and as a congressional staff member focusing on cybersecurity.

Josh Magri, CRI President and Founder, expressed his enthusiasm for the new appointments, stating, “We are thrilled to welcome Phil Collett into a crucial leadership role and John Denning to the CRI Board. Their unanimous selection by the Board underscores our commitment to bringing the brightest minds in cybersecurity to drive the global adoption of the CRI Profile. Phil and John both bring invaluable experience in cybersecurity and financial services that align with our mission.”

Collett remarked, “It has been a rewarding journey to help CRI expand from a small group of financial institutions into an organization with over 70 member companies representing every segment of the financial sector. As Vice Chair and head of the Board’s Finance Committee, I am excited to help guide CRI through its next phase of growth and innovation.”

John Denning shared his excitement about joining the CRI Board, saying, “I am honored to serve on the CRI Board of Directors. Having implemented the CRI Profile at FS-ISAC, I’ve witnessed firsthand its positive impact. I look forward to contributing to CRI’s ongoing efforts to enhance cybersecurity across the financial sector.”

The CRI Board of Directors is composed of leaders who reflect the complexity of the financial services industry. The Board plays a critical role in guiding the strategic direction of CRI and its suite of products, including the CRI Profile, the Profile Guidebook, and the Cloud Profile.

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About the Cyber Risk Institute: The Cyber Risk Institute (CRI) is a not-for-profit coalition of financial institutions and trade associations working to protect the global economy by enhancing cybersecurity and resiliency through standardization. The CRI Profile, formerly the Financial Services Sector Coordinating Council Financial Sector Profile, is a cybersecurity framework developed by and for the financial sector based on globally recognized standards. It connects the dots between cyber best practices and expectations from all over the world. https://cyberriskinstitute.org/

Media Contact:
Emily Beam
Emily.Beam@cyberriskinstitute.org
November 20, 2024

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