Fahmi Megdiche named Chief Information Security Officer at Medius

Medius appointed Fahmi Megdiche as Chief Information Security Officer. Megdiche joins the accounts payable automation and spend management company from WYND, where he held the roles of CISO and data protection officer. He will lead Medius' cybersecurity strategy across product development, IT, and security operations.

According to the company, Megdiche is based in France and his work will focus on fortifying key areas. The Cyber Express reports that Megdiche will focus on challenges businesses face today, such as the rise of AI, in his new role.

According to the release, Megdiche has been an advocate for cybersecurity at companies including AUSY, Telnet and, most recently, WYND. The release says that at WYND he was responsible for developing the security and privacy program of the company from the ground up. The company says Megdiche has spent 17 years offering security consultancy services and building security products. The release says Megdiche also has a background in security strategy and software development.

According to the release, his arrival comes as Medius acquires Expensya, an employee spend management solution, and expands its geographical frontiers across Europe. The Cyber Express reports that Medius is expanding across America and Europe, with an aim to enhance its security posture.

The company says Medius links together the capture, processing and payment of invoices. Medius says it uses artificial intelligence for most of the work, so that invoices get coded, confirmed and paid. According to the company, Medius processes $200 billion of annual spend through its system and has more than 4,000 customers in 102 countries.