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LMG appoints executive CISO

by Reporter8 minute read

The aggregator has announced the appointment of Luke Jarmaine as its new CISO to further protect brokers and clients from cyber crimes.

According to Loan Market Group (LMG), Mr Jarmaine is a “recognised leader in information security” bringing 22 years of experience to his new role as chief information security officer (CISO) and underscores the aggregator’s commitment to cyber and data security.

Mr Jarmaine most recently held the role of global head of security strategy and architecture at QBE and held senior cyber security and IT roles with Westpac, Virgin, IBM, Fujitsu, and the Department of Defence prior to that.

LMG stated brokers can expect further enhanced data protection, cyber security education and services, risk management, secure digital strategies, and a larger team of security specialists in order to protect their businesses and clients in the wake of a surge in cyber threats and attacks.

LMG executive director and COO Ewen Stafford said: Australians are increasingly aware of the importance of data security. This has been heightened by recent cyber security incidents around the world.

“Luke’s appointment reinforces our commitment to our brokers and their clients that we take the handling of sensitive client data and personal information security seriously.

We’re thrilled to welcome Luke Jarmaine to our leadership team.

His wealth of knowledge and expertise in information and security management will be invaluable as we continue to innovate and grow, while maintaining the highest levels of security for our brokers and their clients.”

On his appointment, Mr Jarmaine commented: “LMG has a progressive approach to cyber security which is a key part of the evolving digital landscape of the mortgage industry.

“It’s rare in this field that you can offer solutions to both businesses and end clients.

“I’m excited to leverage my skills and experience not only for the LMG business, but also for its broker businesses and make a real difference to their security approaches.”

Mr Jarmaine’s new role as CISO is effective as of 6 June 2023.

Cyber specialist appointed to MFAA board

The Mortgage and Finance Association of Australia (MFAA) recently appointed Katherine McDermott as a new board director.

Ms McDermott joined the MFAA board on 1 June 2023, bringing with her a range of executive digital, identity, cyber, and data expertise.

Ms McDermott is currently the chief product and digital officer at Service NSW, overseeing individual and business services for the NSW government, including digitisation of the NSW digital driver licence.

[RELATED: MFAA appoints new board director]

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