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The Options Clearing Corporation

Engaged Employer

Security in Name Only – New CSO is Just a Buzzword Machine - Associate Principal The Options Clearing Corporation Employee Review

1.0
Aug 27, 2025
Recommend
CEO approval
Business Outlook

Pros

Legacy employees and SMEs still know the environment and genuinely care. The prior CSO built real security posture, remediated 50+ findings, and encouraged balance and collaboration.

Cons

The new CSO is a CIO in disguise, with little regard for actual security. His obsession is with AI—not even security-related AI, just whatever buzzword will get him attention and name recognition. Instead of understanding the environment or focusing on risk, his energy goes into promoting himself and chasing shiny tech narratives. He’s quick to tell everyone how smart he is, but doesn’t dig into the details, doesn’t understand the current environment, and doesn’t build achievable strategies. Instead, he parrots whatever leadership wants to hear, functioning more as a “yes man” than as a true security leader. The result? Real security threats are ignored, employees feel attacked instead of supported, and the program drifts further away from anything meaningful. Compared to the prior CSO—who delivered measurable improvements and encouraged trust—the downgrade in leadership is impossible to miss.

Explore other reviews about The Options Clearing Corporation

5.0
Jun 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Recent changes have brought the company back into alignment with security focused posture. Interim CISO under Ben Le has been a breath of fresh air and as we continue to return to security first as our mission and move into a better posture, the morale has significantly improved. Ben has steadied the ship, put more trust in our executive leaders, and given them significantly more of a voice in our concerns. Since the change was made to move the former CISO, a lot of our senior leaders on the security side seem to have been revitalized, less are looking to leave, and all are rallying behind Ben Le who was trained by industry stalwart and legend Mark Morrison.

Cons

Currently, things are moving in the right direction. Our departure from security as a primary function will take some time to gain full re-alignment.

1.0
Jul 13, 2026
Recommend
CEO approval
Business Outlook

Pros

There is nothing great to highlight about. Just okay company. Average benefits and work culture. Lot of technologies and complex business domain, so good for anyone who wants to learn ignoring cons.

Cons

Small company but with over 100 Project and Portfolio Management resources. Many come from non-technical backgrounds and just create chaos when they are actually expected to improve coordination. They have no clue of what's going around. Overall, processes are completely disorganized, it is a mess. The company's small size also means limited opportunities to move between teams. With few management layers, some promotions to Director and Executive Director happen quickly, sometimes without the necessary skills and capabilities. Attrition is high at all levels, including executives, with senior leaders leaving regularly. As a result, each new leader often introduces a different vision and direction, leading to frequent shifts in priorities and a lack of organizational stability. This is often labeled as "continuous transformation". Communication and collaboration need significant improvement. Lot of people are attention seekers rather than being productive so you would often find unproductive meetings. The culture has become increasingly political, with some leaders driving their own agendas. Compensation is okay, but they offer no stock options, making the overall package less competitive than many comparable companies.

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