#Japan #Tokyo #IT Governance #Ginco #Min Bryan

Ginco Welcomes Min Bryan as New CISO

In a significant leadership move, Ginco Co., Ltd. has appointed Min Bryan as its new Chief Information Security Officer (CISO). With his extensive experience in IT governance at global financial institutions, Bryan's arrival marks a crucial step in enhancing the company's IT governance framework. This appointment aligns with Ginco's commitment to strengthening system risk management and addressing the increasing threats posed by nation-state actors in the cryptocurrency industry.

As cryptocurrency becomes more integral to the financial landscape, the need for robust security measures is paramount. Ginco plans to integrate Bryan's deep expertise in financial IT governance with its existing knowledge in the cryptocurrency domain to develop more effective security strategies. By collaborating with financial institutions, domestic authorities, industry bodies, and external experts, Ginco aims to contribute to cross-industry security initiatives and enhance the overall security environment.

Strengthening System Risk Management

As threats in the cryptocurrency sector evolve, the combination of traditional security frameworks, like the FISC guidelines developed for conventional financial institutions, and the unique characteristics of blockchain technology has become crucial. The necessity for a high-level security strategy that includes various stakeholders in the supply chain is more critical than ever.

For Ginco, security is a top priority as a provider of management systems for cryptocurrency in the financial sector. The company has undertaken comprehensive measures, including stringent access controls, robust identity and access management, and comprehensive oversight of employee and device management. These initiatives are part of an organization-wide effort to fortify IT governance. Furthermore, Ginco has acquired third-party certifications, including ISMS and SOC2, to establish a robust management system that aligns with international security standards.

To accelerate these initiatives and deepen collaboration with financial institutions and cryptocurrency exchanges, Min Bryan brings his experience in building and enhancing system risk management frameworks for global organizations providing financial services. As CISO, Bryan will oversee all aspects of information security, including cybersecurity, system development, operations, external vendor management, and emergency response. This role positions him to drive improvements in system risk management across the organization, ensuring stable and secure service operations while promoting collaborative security measures against shared threats.

Min Bryan's Profile

Min Bryan has a rich career in financial technology, serving as a Company Executive at the fintech division of LINE Corporation (now LINE Yahoo Corporation). He has held significant roles in launching various financial services and establishing organizational frameworks, including leading system risk management efforts at LINE Financial, LINE Pay, and as an Executive Officer CIO at LVC Corporation (now LINE Xenesis Corporation). Bryan’s background encompasses vital positions at Zurich Insurance Company, GMO Click Securities, and Aozoora Trust Bank, demonstrating his deep expertise in IT governance within the fintech sector. He has been pivotal in the LINE Group's efforts to build IT governance in fintech and has a wealth of experience in managing global financial institutions’ governance structures.

Collaboration with External Stakeholders

In light of the growing threats posed by nation-state actors targeting the entire supply chain in the cryptocurrency industry, fostering security cooperation across the sector is urgent. Recognizing this, Ginco has actively engaged with various stakeholders, including financial institutions, regulatory bodies, external experts, industry groups, and third parties, as part of its IT governance enhancement.

Some key collaborative efforts include:

• - Engaging in discussions with Dr. Tetsutarou Uehara from Ritsumeikan University about incident prevention measures.
• - Collaborating with industry organizations to ensure that external vendors meet the standards set by FISC.
• - Continuously obtaining third-party evaluations, such as ISMS and SOC2, related to information security and IT governance.
• - Strengthening monitoring systems based on third-party evaluations, including penetration testing and threat-hunting tools.
• - Providing ongoing information to service users to prevent recurrences and enhance risk mitigation through collaborative efforts.

With Bryan's involvement, Ginco is positioned to better merge the practical security knowledge of both financial institutions and cryptocurrency service providers. The company is committed to pursuing best practices for collaboration between financial institutions and their service providers, which will contribute to the overall security cooperation in the cryptocurrency sector as it continues its dialogue with diverse stakeholders.

About Ginco Co., Ltd.

Founded in December 2017, Ginco operates with the mission of "changing the flow of the economy" by leveraging blockchain technology to support businesses in their Web3 initiatives. The company provides infrastructure for enterprises to harness blockchain technology efficiently, securely, and cost-effectively. Ginco is especially recognized for its leading achievements in the wallet and node domains within the cryptocurrency industry.

• - Location: 3-27-4 Hachobori, Chuo-ku, Tokyo 104-0032
• - CEO: Yudai Morikawa
• - Website: Ginco Official
• - Product Website: Ginco Products