The Financial Services Information Sharing and Analysis Center (FS-ISAC), has appointed Steven Silberstein as President and Chief Executive Officer (CEO), effective 1 January 2019.
FS-ISAC is a non-profit member-driven organisation that helps to assure the resilience and continuity of the global financial services sector.
In his new role, Silberstein will be responsible for expanding FS-ISAC membership and its products, services and resources, while continuing to embody its non-profit mission. He will lead efforts to increase the value of information sharing in the sector and improve how member organisations share critical information. Close collaboration between members and external stakeholders, including regulatory bodies and law enforcement agencies, is increasingly important given the growing number and complexity of local and global cyber and physical threats.
“Steve is a tremendous leader with deep expertise and experience in the threat intelligence and information services industry,” says FS-ISAC Board Chairman and US Bank Chief Information Security Officer Jason Witty. “He has innovative ideas and our board is looking forward to having him in this important leadership role. We also want to acknowledge Bill Nelson for his many years of service to FS-ISAC and the strong legacy of success he created.”
Silberstein joins FS-ISAC from BlueVoyant, where he was chief operating officer, responsible for technology, marketing and administration of this global intelligence firm. Prior, he served as the CEO of Sheltered Harbor – an FS-ISAC subsidiary – an initiative designed to enhance the US financial services industry’s resiliency capability in the event of a major incident to ensure consumers have access to critical account assets.
Earlier in his career, Silberstein spent over three years as part of the executive team at SunGard, the global financial technology company, culminating in its sale to FIS in 2015. As SunGard’s first CTO, he led a global product delivery team of over 4,000 professionals. Before SunGard, Steve held senior management positions at Chi-X Global, Lehman Brothers and FAME Information Systems in Hong Kong and in the U.S. Silberstein is an adjunct professor at the Gabelli School of Business at Fordham University and a member of the Leadership Council of Rensselaer Lally School of Management.
Nelson leaves FS-ISAC to become Global Resilience Federation’s (GRF) first CEO. Over the last 12 years leading the organisation, Nelson spearheaded the growth of FS-ISAC from a small organisation with a few hundred to nearly 7,000 members globally today. Major accomplishments include adoption of the Traffic Light Protocol, establishing circles of trust to enable sub-sectors and communities of interest to share, development of numerous cyberexercises, expansion of public-private partnerships globally and creation of subsidiaries. Subsidiaries include Sheltered Harbor, FSARC, Financial Data Exchange and GRF, which was spun off in May 2017.
