March 08, 2012

Jacksonville, Fla.-based banking and payments technology vendor FIS has named Greg Schaffer as its new Chief Information Security Officer. Schaffer, who starts the new post on April 2, will have enterprise-wide oversight of FIS' information security program, functions and initiatives.

Prior to joining FIS, Schaffer served as acting deputy under secretary for the National Protection and Programs Directorate and assistant secretary for cybersecurity and communications at the U.S. Department of Homeland Security. Prior to that, Schaffer developed and implemented an enterprise security and compliance operation for Alltel Communications, serving as its CISO, chief security officer and ultimately chief risk officer, as well as establishing its office of privacy.

According to FIS, the hiring of Schaffer is part of an overall plan to advance the company's information security initiatives.

"FIS is committed to working with our clients to continually advance our security initiatives as cybercrime remains a growing problem,”"said Frank Martire, FIS president and chief executive officer, in a statement. "Hiring a renowned industry expert such as Greg Schaffer is just one step in our multi-faceted strategic plan to advance our information security capabilities beyond what’s prevalent in the industry today."

Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as ...