Not every child gets to fulfill their dream of becoming an FBI agent, but Tim Murphy did. The former deputy director of the federal law enforcement agency rose through the ranks to oversee more than 35,000 agents before he retired in 2011.

Murphy and his colleague Larry Pfeifer founded Consortium Networks in 2019, a company that connects technology customers, vendors and experts to share knowledge to improve everyone's cybersecurity. Murphy is now president and CEO of Consortium Networks as well as chairman of the board of Thomson Reuters Special Services.

The company aims to bring together law enforcement and private organizations to work collaboratively and share information to stop cyberattacks, similar to what Murphy oversaw in the fight against terrorism after 9/11.

“Pulling people together to share information had this huge network effect," said Murphy. “We realized that same type of mechanism needed to be built for cybersecurity."

Murphy recently joined Marcelo Brutti, City National's executive vice president and chief risk officer, for a conversation about how companies can protect themselves against cybercrimes.