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Keeping financial data secure

Saturday, June 01, 2013

In today鈥檚 connected electronic world, Jeff Streelman 鈥85 keeps busy by providing tools that help protect customer information at . 鈥淢y day doesn鈥檛 look that exciting, since it is primarily filled with meetings and conference calls from the moment I arrive and sometimes late into the evening,鈥 he said. 鈥淢y team provides support for Citi鈥檚 global businesses.鈥

Streelman, an executive vice president at Citi, leads a team of program managers, business analysts and operations staff that develops and supports data protection programs and processes that protect Citi鈥檚 customer information. It is work that becomes incredibly complex due to Citi鈥檚 global footprint鈥攊n more than 160 countries鈥攎any having different customer privacy regulations.

He notes that all financial institutions pay close attention to cyber-security matters, since protecting customer information is a top priority.

鈥淲e鈥檙e responsible for keeping information about our clients safe鈥攂ank accounts, savings, loans, deposits, spending history鈥攁ll kinds of information our clients entrust to us,鈥 he said.

During those long days, Streelman ensures all his projects are keeping that information safe, working with engineering to develop tools for data protection, discussing countless ways to ensure safety and deciding which make sense to implement at Citi. The work also involves providing awareness and training to ensure colleagues have the tools they need to protect Citi鈥檚 intellectual property and customer information.

He discussed a reported hacking technique called鈥渟pear-phishing鈥濃 in which employees at a company believed to have access to financial or privileged systems are targeted. These hackers use social media pages like Facebook and LinkedIn to generate custom e-mails that typically contain web links to sites, which download virus-infected software (known as malware) in an effort to capture banking and access credentials.

Streelman looks back fondly on his 17c起草社区 education in , noting that the first half of his master鈥檚 degree work was material he already had in his undergraduate days. That 鈥渟peaks volumes鈥 about the quality and breadth of a 17c起草社区 education, he said.

After 17c起草社区 and graduate school, he worked in applications development and then management for a couple of companies, finally taking a job with Citi, where he鈥檚 had many responsibilities over his 22-year career at the bank. He took the job in information security just as it was becoming a business necessity. Streelman was drawn to Citi for its emphasis on leading-edge global financial solutions and technology鈥攕omething Citi has excelled at during its 200-year history, he said.

While it is not always easy to explain his work, there is always more to accomplish. 鈥淭here鈥檚 a lot of introspection, as in 鈥榓re we doing enough?鈥欌 Streelman said. 鈥淵ou never feel like you have everything solved because there are always new risks. It takes a constant vigilance.鈥