Professional Summary
Professional Overview
Karl Schimmeck is an accomplished cybersecurity executive with extensive experience in the financial services industry. As the EVP and Chief Information Security Officer (CISO) at Northern Trust, he is responsible for leading the organization's global information security strategy, ensuring the protection of critical assets and the resilience of the firm's technology infrastructure.
Experience Summary
Current Role
As the EVP and CISO at Northern Trust, Karl is responsible for overseeing the company's enterprise-wide information security program, including cybersecurity risk management, security operations, and regulatory compliance. He collaborates closely with the executive leadership team to align security initiatives with the organization's business objectives and drive continuous improvement in the firm's security posture.
In addition to his role at Northern Trust, Karl serves as a member of the Board of Directors at the Cyber Risk Institute (CRI) and the Financial Services Information Sharing and Analysis Center (FS-ISAC), where he actively contributes to industry-wide initiatives and shares his expertise in addressing emerging cybersecurity threats.
Career Progression
Prior to his current position, Karl held various leadership roles at Morgan Stanley, where he was instrumental in shaping the firm's technology risk and resilience strategy. As the US Banks CISO and Head of Technology Risk and Resilience, he led a team of security professionals in managing and mitigating complex, cross-border cybersecurity risks. Earlier in his career, he served as the Managing Director and Global Head of Security Assurance and Vulnerability Management, overseeing the bank's global security assurance program and vulnerability management initiatives.
Academic Background
Karl holds a Bachelor of Science degree in Computer Science from the University of California, Berkeley, where he graduated with distinction.
Areas of Expertise
- Cybersecurity strategy and risk management
- Security operations and incident response
- Regulatory compliance and data privacy
- Technology risk and resilience
- Vulnerability management and threat intelligence
- Leadership and team management
Professional Impact
Throughout his career, Karl has been recognized for his ability to drive strategic security initiatives and foster a culture of security awareness within the organizations he has served. He has spearheaded several high-profile projects, including the implementation of a global security operations center and the development of a comprehensive vulnerability management program at Morgan Stanley.
Karl's industry contributions extend beyond his direct responsibilities, as he actively participates in industry groups and thought leadership initiatives. His insights and expertise have been sought after by various industry publications and conferences, further solidifying his reputation as a respected cybersecurity leader.
Conclusion
With his extensive experience, proven track record, and industry-leading expertise, Karl Schimmeck is well-positioned to continue making a significant impact on the cybersecurity landscape in the financial services sector. As the EVP and CISO at Northern Trust, he is dedicated to safeguarding the firm's critical assets and ensuring the resilience of its technology infrastructure in the face of evolving cyber threats.
