Australia Post’s high-profile chief information security officer Troy Braban has finished up at the government-owned business and will soon leave the country's shores to take up a cyber security gig with finance giant JP Morgan.
iTnews understands Braban will jet off to the US within a fortnight to take on a newly established global role in the financial services firm’s corporate IT security division.
It brings to an end Braban's four years heading up AusPost's cyber security function. The role earned him an SC Magazine award in 2014 for his work embedding a risk-based security approach into a rapidly shifting and restructuring digital business at the postal organisation.
He oversaw the expansion of the security function from seven workers to more than 35 during his time.
Prior to joining Australia Post, Braban served close to two years as the CISO at gambling giant Tabcorp.
"Troy leaves behind a legacy of protecting our customers and enabling new online capabilities for Australia Post," an AusPost spokesperson said.
"We wish him all the best with his next endeavour and look forward to welcoming a successor in due course."
JP Morgan has reportedly doubled its cyber security budget in the past year from US$250 million (A$343 million) to US$500 million.
In recent financial reporting, the firm identified hacking as one of the greatest uncontrollable risks facing the global company.
The corporate lender has operations in more than 100 different countries, placing it within the ranks of the biggest banks in the world.
iTnews understands Braban will be located at the firm’s New York City head office.
Australia Post is in the process of searching for a permanent replacement.
Soon after it farewells Braban, Australia Post will welcome a new CIO in John Cox, who will leave his role as divisional CIO at NAB to join the organisation in mid-August.