CIO John Coleman Recognized by Los Angeles Business Journal

screen-shot-2016-09-16-at-11-21-45-amEarlier this summer, Grandpoint SVP & Chief Information Officer John Coleman was honored as one of a select group of nominees for the Los Angeles Business Journal’s Chief Technology Officer Awards at a dinner in Santa Monica. The nominees were also featured in the Business Journal.

John, who has managed the Bank’s information systems and technology since 2012, was praised for his technical knowledge as well as his ability to foresee emerging trends, balance risk with growth objectives, and communicate effectively with the Bank’s leadership.

“Not only has John done a great job helping us keep pace with new technologies, he’s also played a key role in addressing the evolving risks of cyber crime,” said Loraine White, EVP and Chief Administrative Officer at Grandpoint Bank. “His involvement in numerous IT and cyber security working groups and public-private collaborations has kept us on the forefront of these developing threats and built partnerships that have been very beneficial to our bank and our clients.”

His knowledge and expertise in this area have been especially valuable as the Bank has sought out new ways to help business clients thwart the risk of cyber crime. In June, the Bank announced the availability of a new Client Cyber Crime Insurance policy, offered exclusively to its business clients through Grandpoint Insurance Services, Inc., a non-bank insurance agency affiliate of Grandpoint Bank. The policy helps protect clients against monetary losses to their Grandpoint business accounts as a result of cyber deception and wire transfer fraud.

Given his wealth of knowledge about cyber security, we asked John to share some of his top tips:

  • Understand the basics of information security and apply them
  • Practice password management, which involves using complex passwords that are changed regularly
  • Make sure to keep computers up-to-date with antivirus software and patches
  • Use common sense
  • Once a business starts employing 10 or 20 people, appoint someone to be responsible for the management of the computer and security systems. Policies and procedures should be in place and known to all.
  • Backup information! Many businesses overlook this. Backed up information should be stored somewhere offsite and offline. It should be difficult to get into the backup copies.

John also recommends these sites as good sources of information about cybersecurity threats and best practices:

Additionally, the Department of Homeland Security has designated October as National Cyber Security Awareness month and provided some helpful resources here.↗

John is very active in the business and civic community on the topic of cyber crime. Through his involvement with ISSA↗ (Information Systems Security Association), John not only spoke at one of its events, he also formed relationships with financial and security professionals, including those from the FBI,↗ Los Angeles County District Attorney’s High Tech Crime Department↗ and the Secret Service’s↗ electronic crimes taskforce. The FBI subsequently reached out to John and Grandpoint Bank to help them host a nationwide gathering of their field office representatives at the Grandpoint offices to talk about cyber crime. (John was the only non-government participant invited to attend that day.) The two-day event also included a session for tech companies, financial institutions and other law enforcement regarding the hot topic of business email compromise.

John has also been active with the California Bankers Association’s annual Risk, Cybersecurity and Technology conference↗ by serving on the planning committee, helping to arrange speakers, providing opening remarks for the conference and moderating the Incident Response panel discussion. He also serves on the advisory board and on the executive council of Secure the Village,↗ a nonprofit organization dedicated to cyber security education and awareness for small and mid-sized businesses as well as nonprofits. He has also served as a speaker for one of Secure the Village’s roundtable events.

Well-deserved congratulations on your nomination for top Chief Technology Officer, John! You’re certainly ours!

For more information on the Client Cyber Crime Insurance, visit www.grandpointinsurance.com (California Insurance License #0K82434).

Insurance Products are:
Screen Shot 2016-06-23 at 9.12.21 AM
Insurance Products are offered through Grandpoint Insurance Services, Inc., a non-bank insurance agency affiliate of Grandpoint Bank, and facilitated through LBW Insurance & Financial Services, Inc., an unaffiliated insurance agency.

screen-shot-2016-09-28-at-7-28-21-pm


↗ Linking to Non-Grandpoint Bank Websites
This icon appears next to every link that directs to a third party website not affiliated with Grandpoint Bank. Please be advised that if you click this link you will be taken to a website hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Grandpoint Bank. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Grandpoint Bank assumes no liability for the content, information, security, policies or transactions provided by these other sites.

fbtwitterLinkedIngp

Posted on August 16, 2016, in Awards, Employees and tagged , , , , , , , . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: