Cybersecurity service provider Lodestone Security, a subsidiary of Beazley, has announced the appointment of Frank Luzsicza as CEO.

Luzsicza has more than two decades of experience in cybersecurity, technology and risk management. Prior to joining Lodestone, he served as executive vice president and member of the group executive council at TÜV Rheinland Group, where he was responsible for the firm’s global cybersecurity and digital services business. He has also served in various leadership positions at IBM Security.

“Businesses today are and will remain acutely vulnerable to cyberattacks,” said Mike Donovan, board director at Lodestone. “We are thrilled to have Frank join as CEO of Lodestone. His vast technical experience, insight into cybersecurity and demonstrable leadership will increase Lodestone Security’s position as a market-leading cybersecurity firm.”

“I am excited to join such a strong team of cybersecurity experts at Lodestone Security,” Luzsicza said. “I look forward to engaging with our clients on their journey to improve resilience to cyberattacks.”

Lodestone Security was established by Beazley in 2017.