User:ProfessorAlbus/sandbox
Saket Modi | |
|---|---|
| Born | July 31, 1990 |
| Nationality | Indian |
| Alma mater | |
| Occupation(s) | Entrepreneur, speaker, ethical hacker |
| Known for | Founder of Lucideus |
Saket Modi (July 31, 1990) is an entrepreneur, Co-founder and CEO of Lucideus, a Cybersecurity and Digital Business Risk Quantification company, based out of Palo Alto, California. A computer science engineer by education, he founded Lucideus in 2012 while in his final year of engineering. Lucideus was incubated from IIT Bombay and backed by John T. Chambers, the former executive chairman and CEO of Cisco Systems, Lucideus currently protects the digital infrastructure of multiple global companies with its platform called SAFE. Saket has been recognized by the Government of India with the title of "Champion of Change" in 2017. He is a public speaker about ethical hacking and computer security.
Early life
[edit]Modi was born and raised in Kolkata, India. His father is a businessman himself and has had a significant influence on Modi’s entrepreneurial acumen. Saket attended school at Lakshmipat Singhania Academy, where his curiosity was recognised and encouraged. While Modi was in high school, he led the school’s chess and table tennis teams and also earned a degree on the Grand Piano from the Associated Board of the Royal Schools of Music, London.
In school, Saket was often found in the Computer laboratory and it is there that he realised he could access the Chemistry question paper stored in a password protected file. By using a simple ‘brute force’ tool, which was available for free on the Internet, he was able to unlock the paper. He later confessed to his teacher but this small incident helped Modi realise his potential and interest to further pursue a career in Cybersecurity.[1] In 2012, he received his undergraduate engineering degree from the LNM Institute of Information Technology, Jaipur with a major in Computer Science.[2] As an undergraduate student, Saket conducted several hands-on workshops on ethical hacking at Indian Institutes of Technology (IIT) campuses across India.[2]
Career
[edit]In 2012, while in his final year of engineering, Saket started Lucideus at the incubator of IIT Bombay, along with Vidit Baxi and Rahul Tyagi. For capital, they used their personal savings.[2] In 2013, Lucideus inaugurated its first office in New Delhi. Since then, the company has been awarded contracts to work with multiple global companies. Lucideus was responsible for the end-to-end security of BHIM, the Unified Mobile based payment platform designed by the National Payments Corporation of India, Government of India.[3]
Being a first time entrepreneur, Modi realised early the importance of getting the right set of investors and advisors by his side. In 2017, Lucideus raised its first angel investment round of $2 million with investors such as Sri Shivananda (CTO, PayPal), Rajan Anandan (Managing Director, Sequoia Capital), Victor Menezes (ex-Senior Vice-chairman, Citibank), Vikas Agnihotri (Operating Partner, Softbank Group), Mickey Doshi (CEO, Credit Suisse, India), among others.
Saket Modi, while speaking at a public event, was totally unaware that John T. Chambers, the former executive chairman and CEO of Cisco Systems, was also speaking at the same event, although on a different floor. Modi was introduced to John by a mutual acquaintance on the same day. An interesting anecdote is how Chambers got hooked to the concept after Modi’s 20-second pitch about Lucideus and his vision for cybersecurity[4] - why quantification of digital business risk is the way forward.
Later, John T. Chambers went on to lead the Series A funding for Lucideus of $5million in 2018, through his personal venture arm - JC2 Ventures.
In 2019, Lucideus expanded its operations to the USA and other markets in the APAC region, and shifted their headquarters to Palo Alto, California.
Public appearances
[edit]He is a regular speaker on various subjects of information security[5] and entrepreneurship at International Forums like Mobile World Congress, CeBIT (Germany), Forbes Under 30 Global Summit (Boston),[6] Confederation of Indian Industry,[7][8] Cyber Tech (Israel),[9] ASSOCHAM,[10] Data Security Council of India,[11] ISACA,[12] TiE,[13] TED (conference).[14]
Awards and honours
[edit]| Year | Name of award or honor | Awarding organization |
| 2019 | 40 under 40[15] | Fortune India (magazine) |
| 2019 | Entrepreneur of the Year[16] | Entrepreneur (magazine) |
| 2018 | 40 under 40[17] | Fortune India (magazine) |
| 2017 | 40 under 40
Acheiver of the year[18] |
Business World (magazine) |
| 2017 | 30 Under 30[19] | Forbes Asia (magazine) |
| 2016 | 30 Under 30 honoree[20] | Forbes India (magazine) |
| 2014 | Indian Ambassador of Cyber Security in Education[21] | Government of India |
References
[edit]- ^ Dhamija, Anshul (18 February 2016). "30 Under 30: Saket Modi - Hacking And Securing The World Wide Web". Forbes India.
- ^ a b c Balachandaran, Manu (26 April 2018). "Saket Modi: Hacking for the greater good". Forbes India.
- ^ Peermohamed, Alnoor (25 September 2018). "Saket Modi, the millennial who keeps your data on the BHIM app safe". Business Standard India.
- ^ "Why John Chambers loves Saket Modi's Lucideus". www.fortuneindia.com. Retrieved 2020-11-13.
- ^ "growthinstitute.in". www.growthinstitute.in. Retrieved 2020-11-13.
- ^ Hedgecock, Sarah (18 October 2016). "Cybersecurity Expert Saket Modi Will Make You Afraid To Own A Smartphone". Forbes.
- ^ "'Ethical Hacker' Saket Modi Calls for Stronger Cyber Security Discussions — The Centre for Internet and Society". cis-india.org. Retrieved 2020-11-13.
- ^ https://www.mycii.in/image/eventimages/eventmainimages/E000015879_Pogramme%20Agenda.pdf
- ^ https://www.cybertechisrael.com/among-the-speakers
- ^ "Assocham India". www.assocham.org. Retrieved 2020-11-13.
- ^ https://www.dsci.in/events/about/1480
- ^ http://www.isaca-chennai.org/isaca/mmbase/attachments/808842/IIC_2013_Delegates_Brochure_20130808.pdf
- ^ "Events". TiE - Global Entrepreneurship Organization. Retrieved 2020-11-13.
- ^ "TEDx Talks - YouTube". www.youtube.com. Retrieved 2020-11-13.
- ^ "Saket Modi, Rahul Tyagi, Vidit Baxi - India's Young & Brightest Entrepreneurs in 40 Under 40 2019 - Fortune India". www.fortuneindia.com. Retrieved 2020-11-13.
- ^ "Entrepreneur 2019". www.entrepreneurindia.com. Retrieved 2020-11-13.
- ^ "SAKET MODI, VIDIT BAXI, RAHUL TYAGI - India's Young & Brightest Entrepreneurs in 40 Under 40 2018 - Fortune India". www.fortuneindia.com. Retrieved 2020-11-13.
- ^ Dar, Vaishali. "Running a Startup is One of the Most Simplest Things a Person Can Do Saket Modi Lucideus". BW Disrupt. Retrieved 2020-11-13.
- ^ Releases, Forbes Press. "Forbes Hosts Its Second Annual "Under 30 Summit Asia In Manila". Forbes. Retrieved 2020-11-13.
- ^ "30 Under 30: Saket Modi - Hacking And Securing The World Wide Web". Forbes India. Retrieved 2020-11-13.
- ^ "Saket Modi | Cybertech Asia 2018 - Cyber Security Conference". asia18.cybertechconference.com. Retrieved 2020-11-13.