Citi has announced that Yossi Tal has assumed the post of head of the company’s worldwide information security innovation center in Israel. Tal previously served as the global manager for IBM’s infrastructure security and X-Force cyber security intelligence business, among other positions.
“In joining Citi, Yossi brings knowledge, contacts and extensive experience that will help us to strengthen Israel’s standing in the eyes of Citi worldwide as a significant cyber center, and will help us to expand our activity here.” Neil Corney, CCO of Citi Israel, was quoted as saying in a press release.
He added that the financial institution set up the Global Cyber Security Innovation Lab “to benefit from Israel’s outstanding R&D capabilities and the innovation space it offers,” which he said “puts Citi at the forefront of innovation in fintech and cyber security.”
Meanwhile, Tal said that the lab is kicking off a large-scale recruitment campaign in Israel “to fill dozens of positions in the fields of research, development, cloud security infrastructure security and defense, cyber intelligence, penetration testing and more.”
Recently, before assuming the post at Citi, Tal focused on cyber security orchestration, automation, and machine learning, according to the press release.
In light of the banking industry’s cyber defense needs, the lab in Israel is tasked with forging strategic solutions in information security, and establishing an ecosystem of innovation and collaboration with prominent R&D centers worldwide, as well as with cyber security companies and startups, the press release said.
The lab is part of Citi’s network of R&D centers around the world.