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15 July 2019Insurance

AIG hires Accenture expert to develop a robust cyber security strategy

American International Group (AIG) has appointed Tom Parker as deputy chief information security officer, responsible for developing and leading the execution of AIG’s global cybersecurity risk management strategies.

Parker joins AIG from Accenture Security, where he was the growth, strategy and technology lead. Previously, he co-founded in 2011 and eventually sold to Accenture in 2015 a consultancy named FusionX, which provided innovative cyber risk management services. Prior to FusionX, he held leadership roles at numerous cyber security organisations, including the cyber security services arm of Verizon Business.

Parker will work closely with Rich Baich, AIG’s chief information security officer.

“Tom is a skilled technical engineer, accomplished entrepreneur and senior business strategist in the IT space,” said Baich. “He has extensive experience leading technical operations teams and developing innovative solutions for companies on matters relating to cyber and information security, and he will provide valuable perspective as we continue to evolve our cyber risk management program at AIG.”

Parker said: “This is an exciting time to join AIG as the company continues to implement a robust strategy to address current and emerging cyber risks. I look forward to working with Rich and the global team to further strengthen the security measures that protect the information of AIG and its insureds.”

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