Fifth Third Bank Receives 2024 CSO Award

Rhea-AI Summary

Fifth Third Bank has received a 2024 CSO Award from Foundry's CSO, recognizing their innovative security projects and initiatives. The award highlights the Bank’s significant contributions in delivering security-enabled value through its Identity Centric Security program, which is intelligence-driven and supports Bank modernization.

Lori Anello, chief information security officer at Fifth Third, emphasized that this achievement showcases their approach to enabling business transformation at scale. Beth Kormanik, content director for the CSO Conference & Awards, noted the importance of these efforts in addressing the expanding threat landscape, including AI threats and zero trust.

The award will be celebrated at the CSO Conference & Awards this fall.

Positive

• Fifth Third Bank wins the 2024 CSO Award from Foundry's CSO.
• The award recognizes innovative security projects providing outstanding business value.
• Fifth Third’s focus on Identity Centric Security supports Bank modernization.
• The award highlights the Bank’s significant contributions in delivering security-enabled value.

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• None.

CINCINNATI--(BUSINESS WIRE)-- Fifth Third has been named a winner of a 2024 CSO Award from Foundry’s CSO. This honor is given to a select group of organizations that have implemented security projects and initiatives demonstrating outstanding business value and thought leadership.

“This award exemplifies how we are approaching security to enable business transformation at scale,” said Lori Anello, chief information security officer at Fifth Third. “The CSO Award is extremely prestigious in the security community and I’m proud of our team for this accomplishment.”

Fifth Third’s team has taken an innovative approach to enabling and protecting the Bank and its customers. A core tenant of the Information Security program has been focusing on Identity Centric Security, protected with intelligence driven capabilities that enables Bank modernization of its capabilities. This award highlights their significant contribution to deliver security enabled value for the Bank.

“The stakes grow higher every day for security leaders and their teams, and this year’s CSO Awards honor the very best efforts to tackle challenges from an expanding threat landscape,” said Beth Kormanik, content director for the CSO Conference & Awards. “From devising new threat detection methods and cyber analytics to initiatives addressing AI threats, zero trust, and data protection, these projects are at the forefront of innovative security thinking and represent true business value for their organizations. We congratulate the winners and look forward to celebrating them at the CSO Conference & Awards this fall.”

About Fifth Third

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Fifth Third Bank, National Association, is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank, and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at www.53.com.

About CSO

CSO serves enterprise security decision-makers and users with the critical information they need to stay ahead of evolving threats and defend against criminal cyberattacks. With incisive content that addresses all security disciplines, from risk management to network defense to fraud and data loss prevention, CSO offers unparalleled depth and insight to support key decisions and investments for IT security professionals. www.csoonline.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20240625591418/en/

Beth Oates (Media Relations)

Beth.Oates@53.com | 313-230-9002

Matt Curoe (Investor Relations)

Matthew.Curoe@53.com | 513-534-2345

Source: Fifth Third Bank

FAQ

What is the significance of Fifth Third Bank receiving the 2024 CSO Award?

The 2024 CSO Award from Foundry's CSO recognizes Fifth Third Bank for its innovative security projects and initiatives that provide outstanding business value and support Bank modernization.

What are some key elements of Fifth Third Bank's security strategy?

Fifth Third Bank's security strategy includes Identity Centric Security and intelligence-driven capabilities that support Bank modernization and deliver security-enabled value.

When will Fifth Third Bank be celebrated for the 2024 CSO Award?

Fifth Third Bank will be celebrated for the 2024 CSO Award at the CSO Conference & Awards this fall.

How does the 2024 CSO Award benefit Fifth Third Bank and its investors?

The 2024 CSO Award enhances Fifth Third Bank's reputation for security innovation, potentially increasing investor confidence and supporting business transformation.