Standard Chartered has announced its latest senior appointee, adding Cheri McGuire as its newest Chief Information Security Officer (CISO), who is slated to step into the new role next month, according to a Standard Chartered statement.

The new world of    Online Trading  Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more money being spent on advertisements and sponsorships to attract potential traders. Secondly, more traders are aware of the ease in applying for online accounts; the low barrier to entry now means a trader only needs to deposit virtually as little as one wants in order to places trades. 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Thirdly, the improvement of financial technology, better performing hardware and software, leading to quick and consistent execution, which in turn is helped by higher liquidity, and reduced trading costs such spreads and commissions, have fueled the retail trading industry immensely. How to Trade Online?Before the emergence of the Internet, traders would have to place trades over the phone, which could be rather cumbersome, especially if one wanted to place multiple trades in a short space of time. Indeed, online trading has opened a new field of trading in the form of foreign exchange scalping, whether manually, or by way of automated trading robots. An example of online trading is the trading the foreign exchange market with a forex broker, using a platform which the broker will provide. The trader installs the platform on their computer, and they are given the information and tools needed to start trading. 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In her new role as the CISO, Ms. McGuire will be based out of the lender’s London operations, reporting to Standard Chartered’s Group Chief Information Officer, Michael Gorriz. In this capacity, she will also become a member of the Bank’s Information Technology and Operations Management Team, placing her in a key position to help mold the group’s future ambitions in this space.

As Standard Chartered’s CISO, Ms. McGuire will also be tasked with the oversight of the bank’s information and cyber security governance, strategy, regulatory engagement, policy development, training and awareness, and industry stakeholder partnerships. Moreover, she will also be responsible for Standard Chartered’s information security monitoring.

Ms. McGuire lands at Standard Chartered after several years with Symantec Corporation, which had seen her working as its Vice President of Global Government Affairs and Cyber Security Policy since 2010. Prior to Symantec, she also worked in several senior level security roles, including stints as the Director for Critical Infrastructure and Cyber Security in Microsoft’s Trustworthy Computing Group, among others.

According to Mr. Gorriz in a recent statement on the appointment: "At Standard Chartered, information protection and cyber security are our top priorities. I’m very pleased to welcome Cheri McGuire, an accomplished technology executive, to Standard Chartered Bank. She brings with her more than 25 years of experience in industry and government roles and will be a valuable addition to our team.”