Michael Magrath is Director of Global Standards and Regulations at OneSpan and responsible for aligning OneSpan’s solution roadmap with standards and regulatory requirements globally.
He is Co-Chair of the FIDO Alliance’s Government Deployment Working Group and is on the Board of Directors of the Electronic Signature and Records Association (ESRA). He also served as a member of the Board of Directors for the Identity Ecosystem Steering Group’s (IDESG) and was Chair of the Health Information Management Systems Society (HIMSS) Identity Management Task Force.
Prior to OneSpan, he served as Director for Identity Solutions for DrFirst, a leading U.S. health IT solution provider, and focused on streamlining and securing the identity management process for healthcare providers nationwide and increasing the adoption of electronically prescribing controlled substances (EPCS).
Before DrFirst, Mike lead Gemalto’s market and business development activities in the U.S. government and healthcare markets and was a contributing member of the Health Record Banking Alliance, WEDI, HIMSS, the Medical Identity Fraud Alliance and the Secure ID Coalition.
He served as Chairman of the Secure Technology Alliance’s (formerly the Smart Card Alliance) Health & Human Services Council from 2010-2014 where he led initiatives to stimulate the understanding, adoption, use and widespread application of smart card technology in healthcare. He served as an advisor to the American Medical Association supporting a Center for Disease Control grant to develop and test the viability of a “Health Security Card” to identify and expeditiously treat victims in the event of a disaster.
Mike holds a Bachelor’s Degree in Psychology from the University of Massachusetts at Amherst. He is married with three children and resides in Northern Virginia.
What’s next for corporate compliance officers as they navigate balancing regulatory changes, technological advancement, digital fraud and higher customer experience expectations? OneSpan’s Michael Magrath shares his top corporate compliance predictions for the financial services industry in 2020. The regulatory landscape is always changing. In perhaps no industry is that more evident than in financial services. Every new year brings a new set...
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The NYDFS cybersecurity requirements for financial services companies must be implemented this year, and one final phase remains. Are you ready?
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In February, 31 State Attorneys signed a letter endorsing the identify theft rules and acknowledging the need for more secure authentication practices. OneSpan’s Michael Magrath discusses.
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As 2018 draws to a close, we’re taking a look back at some of the most valuable insights our authors have shared. In case you missed it, this is one of the articles our readers couldn’t get enough of this year. The Developments Impacting Financial Institutions Now It’s hard to wrap your head around all the myriad regulations for financial institutions,...
Read moreThe Developments Impacting Financial Institutions Now It’s hard to wrap your head around all the myriad regulations for financial institutions, and these changes can directly impact an organization’s digital transformation initiatives. Many countries are calling for further regulation, while in the U.S. we’re seeing reform and deregulation, as evidenced by the repeal of the Dodd-Frank Act. Global regulation and standards expert Mike Magrath...
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The Case for a Risk-Based Approach New SEC rulings on cybersecurity disclosures for public companies went into effect just a month ago, acknowledging the rapidly evolving nature of cybersecurity threats and the increasing sophistication of attacks, including the use of stolen credentials, malware, ransomware and phishing. The overwhelming number of corporate breaches can be traced back to the use of stolen credentials or weak...
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