Phoebus Christodoulides, a USA University graduate (BA and MBA), commenced his business career as an External Auditor at PWC in 1991 until 1994. Thereafter, held Managerial positions at JCC Payment Systems Ltd, mainly as Risk Manager. Over a duration of 28 years employment at JCC, he maintained Managerial positions at Operations areas, such as Fraud and Risk, Card Transactions Security, Authorisations, Premises Security, ERM, Information Security and Call Centre; hence acquired extensive hands-on experiences which developed and refined his Risk Management skills. Some peripheral duties were, Chairman of the Cyprus Banks fraud working group, ‘Expert Witness’ for criminal cases and fraud investigations at Cyprus Courts, Advisor and liaison to the local and foreign police authorities (including Europol) on card fraud cases, Lecturer at the Cyprus Police Academy for over 30 years on subjects: Bank Card Fraud and Cybersecurity Awareness and Creator of JCC’s in-house fraud monitoring system. Among his professional awards include Best Financial Crime Investigator of the Year Award in 2004 (USA), Mastercard award for his continuous efforts to reduce fraud (2005), Cyprus Police award for contributing to the deterrence of card fraud in Cyprus, and an award handed over by the President of Cyprus for his lecturing at the Police academy for decades.