Washington, DC – June 2, 2015 — The Digital Risk Management Institute (DRM Institute), a not-for-profit organization formed to identify and communicate best practices for managing digital business risk, today announced the appointment of Greg Coticchia as its Chairman of the Board.

Mr. Coticchia will oversee the DRM Institute’s mission to define a decision-making framework that creates and sustains business value by balancing the need to protect the organization with the need to run the business. He will focus on achieving DRM Institute objectives to publish a generally accepted set of digital risk management best practices and facilitate benchmarking by digital risk officers against those practices.

Mr. Coticchia is a seasoned leader who brings more than 25 years’ experience in cyber security and high tech. He has managed organizations ranging from start-up to more than $1B in annual revenue and specializes in introducing and positioning new technologies, companies and strategies.

Greg-Coticchia-300x300He currently serves University of Pittsburgh as both its Director of the Student Startup Accelerator, “The Blast Furnace”, and as an Executive in Residence (EIR) for software and information technology.

Previously Cotichhia was Chairman, CEO and Co-Founder at Malcovery Security, an IT security company for threat intelligence derived from big data analysis. Prior to this, he was Chief Strategy Officer and Executive VP at Approva Corporation (acquired by Infor), a provider of enterprise software and services for Governance, Risk and Compliance (GRC). He also served as CMO and Senior VP at Cloakware (acquired by Irdeto), Senior VP at Intraware, COO and Senior VP at TruSecure Corporation, and VP Marketing, Enterprise Solutions at Symantec. Earlier in his career, he was VP Marketing and Product Management at LEGENT (acquired by CA).

“We welcome Greg and look forward to his leadership as we seek to educate industry and organizations on the critical nature of managing digital risk from a business and operational perspective,” said Juanita Koilpillai, CEO of Waverley Labs and President of the DRM Institute. “Greg’s competency solidifies our commitment to provide a senior level forum for information sharing and a platform for executive education and collaboration. Greg’s deep experience and leadership in the marketplace brings first hand knowledge and understanding of the challenges related to digital risk management and running a business in today’s fast-paced and ever changing environment.”

Coticchia is a graduate of the University of Pittsburgh in Industrial Engineering, where he also received his MBA. He holds certificates in Entrepreneurial Management from Carnegie Mellon University and Professional Coaching from Duquesne University.

About the DRM Institute

The Digital Risk Management (DRM) Institute is a nonprofit organization led by business executives, risk officers and security executives to analyze digital failure scenarios, create standard DRM knowledge, and promote best practices for managing digital business risk. Our mission is to serve our members and our profession by defining a decision-making framework that creates and sustains business value by balancing the need to protect the organization with the need to run the business. The Institute’s objectives are to publish a generally accepted set of DRM knowledge and best practices across various industries and facilitate benchmarking against those practices. For more information, visit www.drminstitute.org or follow us on Twitter at https://twitter.com/DRMInstitute.