Rich Friedberg

Envestnet announced the appointment of Rich Friedberg as CISO. Friedberg previously served as CISO at Live Oak Bank and also held senior cybersecurity leadership roles at Blackbaud and Capital One.

According to the release, Friedberg was to report to Bhaskar Peddhapati, the Chief Technology Officer of Envestnet at the time of the announcement. The release says he will lead operational resilience initiatives, AI-enabled security operations, governance integration, cyber risk management and enterprise information security strategy at Envestnet.

According to the release, Friedberg has more than 25 years of cybersecurity leadership experience spanning the national security, SaaS and financial services sectors. At Live Oak Bank, the release says, he embedded cybersecurity into digital product development, strategic planning and governance. The release says Friedberg was Deputy Director of the CERT Coordination Center during more than six years at the CERT Program of Carnegie Mellon University's Software Engineering Institute. In that role, according to the release, he led incident response, threat intelligence and national-level cybersecurity research initiatives that supported critical U.S. government and infrastructure partners.

According to the release, Friedberg has been Adjunct Faculty for nearly a decade in the Executive Education CISO Certificate Program at Carnegie Mellon University's Heinz College. The release said that he served, at the time of the announcement, on the Cybersecurity and Operational Resilience Advisory Committee of the American Bankers Association. The release says Friedberg has an MBA from The George Washington University, and his Bachelor of Science from Carnegie Mellon University is in Information and Decision Sciences.

SecurityWeek, which reported the appointment, describes Envestnet as a wealth management platform. According to the release, Envestnet is backed by $7.0 trillion in platform assets and 25 years of experience.