FinTech Magazine July 2019 | Page 20

CANADIAN WESTERN BANK
20 for an organization as they move forward ,” says Gould , admitting that CWB Financial Group had experienced challenges maintaining strong relationships between security and leadership before , “ because we didn ’ t have a senior dedicated role for information security . It ’ s 2019 . Nobody is going to deny the need for security , but it ’ s very easy for security to take a backseat in the wake of rapid change . Now , we have a senior security leader out in the organization , pounding the pavement and building relationships with key decision makers , positioning us to be much more
proactive with respect to security .” This closer , more collaborative relationship with the enterprise and technology side of CWB Financial Group is also driving a shift in the philosophy of the security side of the business . The traditional role of a security division as a deterrent , Gould explains , simply isn ’ t the best way forward in the modern world . “ Gone are the days when security just pounds its fist on the desk and says ‘ No ! Come back later .’ That ’ s not practical in the digital world we live in .” The rapid advancement of technology
JULY 2019