IAA hires chief information security officer


With so much happening online nowadays, IAA reinforced its security expertise with an executive who has an extensive retail background.

On Tuesday, IAA appointed Andrew Albrecht as vice president and chief information security officer. The company said Albrecht will report directly to Maju Abraham, senior vice president and chief information officer.

Most recently, Albrecht served as senior director for IT security and compliance for Designer Brands (DBI), an omnichannel retailer with more than 650 stores across multiple international brands. At DBI, he developed and championed comprehensive business-minded visions and actionable strategies to identify and minimize risk while also establishing a cybersecurity operations center.

Prior to DBI, Albrecht was vice president and chief information security officer for Michaels Stores and held various information security leadership roles at global companies including Best Buy, La Quinta Inns & Suites and L Brands.

“We are pleased to welcome Andrew to the IAA Team,” Abraham said in a news release. “Andrew has extensive experience in advanced information security governance at well-known, multi-billion-dollar retailers.

“His impressive track record will allow enhanced protection of IAA’s intellectual property while optimally securing IT and business resources,” Abraham continued.

IAA added that Albrecht will be based at the company’s headquarters in Westchester, Ill.

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