ANDREW HENWOOD APPOINTED AS CEO OF FOREGENIX AHEAD OF TRANSACT14

Information Security and Data Forensics specialists, Foregenix announced the promotion of Director of Operations Andrew Henwood to the position of Chief Executive Officer.

Andrew’s new appointment comes after an impressive period of growth for Foregenix, with the opening of both a South African and Latin American office in the past year, a 60% increase in staff and 120% growth in the sales and revenues since 2012.

A payments industry entrepreneur with over 16 years of experience in the sector, Andrew has been involved within the PCI security industry since 2001, where he assisted in developing the first versions of the card scheme security standards in Europe.

Andrew will be at TRANSACT this week to share his knowledge and expertise on cybercrime and payment fraud,  looking at a real-world case study of a breach similar to the Neiman Marcus and Target breaches in more detail and advising what retailers and merchants need to do to reduce risk and fend off attacks on their payment facilities.

Prior to Foregenix, Andrew founded One-SEC in 2004, the first regional Qualified Security Assessor (QSA) in EMEA. The company was acquired and merged in August 2007.

Speaking about Andrew’s appointment, Co-Founder of Foregenix and Member of the Board of Directors, Benjamin Hosack, said: “During this time of global growth and transformation, there is no better person to lead Foregenix than Andrew Henwood. Andrew is a proven leader with unrivalled skills in data security, alongside a clear business vision and the ability to bring people together. His vision for the business and its future, alongside his global expertise is exactly what Foregenix needs as it enters its next chapter of expanded product innovation and growth.”

Since joining the Foregenix team, Andrew has lead both the UK and South African teams in a number of high profile data breach investigations, assisting in on-boarding new innovative products and services and represented the company speaking at a number of key industry events around the world.  We have full confidence in his abilities to build and execute on the Foregenix vision and to continue to deliver customer value.”

Speaking about the appointment, Andrew Henwood said: “As Foregenix enters its next stage of growth, I am looking forward to building on the fantastic foundation we’ve already laid and expanding the teams and reporting more business success to our key stakeholders.”

Andrew will be speaking at TRANSACT14 in Las Vegas this week on the cost and effect of cyber-crime and data breaches and what EMV migration & P2PE technologies will mean for fraudsters in the region.

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