Grandpoint Bank Hires Duke Sheow as Senior Vice President/Information Security Officer

Sheow Duke Portrait-r 05_2017We’re happy to announce that Duke Sheow has joined our bank as Senior Vice President/ Information Security Officer. Duke works in our downtown Los Angeles office and manages information security, policies and compliance for Grandpoint and its divisions—Bank of Tucson, Regents Bank and The Biltmore Bank of Arizona.

Duke previously served as Chief Credit and Operations Officer at Green Dot Bank in Pasadena and as Senior Vice President/Credit Risk Officer at First Regional Bank in Century City. Notably, he also spent 14 years as an examiner at the Federal Deposit Insurance Corporation (FDIC) in Los Angeles. His titles at the FDIC included senior information technology examiner and senior safety and soundness examiner.

Duke is focused on ways our bank and our clients can take steps to thwart hackers and criminals. Increased dependency on everything electronic has created a chain of virtual connections based on “trusted” relationships, and hackers will exploit each link until they find the weakest.

“Many businesses have alarms and cameras to protect their physical assets but have not invested in basic, low cost security measures for cyber-crime,” Duke said. According to the National Cybersecurity Alliance, about half of all cyberattacks target small businesses because they are soft and easy targets.

“The threat of viruses, malware, ransomware and social engineering extend beyond our clients, too, and onto our friends, families and social media connections,” Duke said.

Over the past two years, Duke has volunteered his time with the Federal Reserve Board’s faster payments and secure payments taskforces, which organize professionals in banking, retail and regulatory agencies to collectively identify and evaluate faster payment systems in the United States, while also examining the safety of those payment systems.

“Duke’s extensive background in safety and soundness, as well as information security risks, is a great fit for our bank and an advantage for our clients,” said Susan Wahba, executive vice president and chief risk officer at Grandpoint Bank. “We pursue many initiatives to fortify our information security systems and educate our clients about security topics important to their businesses. Hiring Duke further strengthens our leadership in these areas.”

We particularly like the number one reason Duke cited for wanting to join Grandpoint Bank. “What has impressed me the most is the passion I hear in my co-workers’ voices when they talk about the bank and what we do.”

Duke attended the University of California at Riverside and completed the four-year Examiner Commissioning Program. He resides in La Canada with his family.

When he’s not working, Duke shares a love of sports with his three sons. His passion for football, in particular, landed him an appearance on “The Today Show” last year, when an essay he wrote about the sport and family won him free tickets to the Super Bowl.

We’re glad Duke is playing for our team now, drawing from his experience with technology, information security, banking and risk management to oversee our information security program. Welcome, Duke!

For more information about cyber security and steps you can take, visit the security and fraud section of our website.

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Posted on May 7, 2017, in New Hires, Uncategorized and tagged , , , , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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