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August 2018, Vol. 20, No. 4

Fannie Mae CISO calls for more data on security incidents

Protecting the information and information assets at Fannie Mae, a primary source of financing for American mortgage lenders, is a daunting proposition. Christopher Porter, who has served as the Fannie Mae CISO since 2016, is up to the challenge. Formerly known as the Federal National Mortgage Association, Fannie Mae was founded after the Great Depression as part of President Franklin Roosevelt's New Deal. The subprime mortgage crisis and continued deterioration in the housing market led the Federal Housing Finance Agency to put Fannie Mae and Freddie Mac -- another government-sponsored enterprise, formerly known as the Federal Home Loan Mortgage Corp. -- into conservatorships in September 2008. Since then, Fannie Mae has weathered a major transformation, including increased regulatory oversight, adoption of customer-driven business processes, updated information technology and a rebuilt security program. Porter moved into the Fannie Mae CISO position after joining the company as deputy CISO in 2015. Prior to Fannie Mae, he held...

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Enterprise Desktop
Cloud Computing