Saket Modi, co-founder and CEO of Lucideus Tech, a cyber security platform and services company, has been there and done it all. A computer science engineer by education, Saket is an entrepreneur, an ethical hacker, and has also been awarded the title of “Indian Ambassador of Cyber Security in Education” at the National Education Awards 2013. He and his team were responsible for the security assessment of the BHIM Application developed by the National Payments Corporation of India and launched by Prime Minister Narendra Modi.
Over the years, Saket has won multiple leadership and innovation-centric awards: 30 under 30 by Forbes Asia Magazine in 2016; 30 under 30 by Forbes India Magazine in 2016; 35 Under 35 by Entrepreneur Magazine in 2017; 20 Under 26 by Vogue Magazine in 2017; and 21 Young Guns by iBrands 360 in 2016. He has been invited to address the boards and leadership teams of multiple Fortune 500 companies including CitiGroup, HSBC, Visa, McKinsey & Company among others.
Like knights in shining armour, Saket along with his team at Lucideus, have been instrumental in providing digital risk management services to multiple Fortune 500 companies across the globe. In a candid AMA with Inc42, Saket reveals more about the big bad world of cybercrime, why he thinks everything is hackable and how knights like him are fighting to keep the shine on in cyber security.
Here are the most interesting revelations from the session.
Question: What are your concerns about Aadhaar as a private citizen?
Saket Modi: I am running a startup which works with some phenomenal fintech companies. Considering that and how the world is embracing technology, with the government going with the Aadhaar card and the technology behind it, a technology like that doesn’t exist anywhere on the planet. This is not something which can be done by any private organisation. The integration of Aadhaar with the BHIM app enables you to make a payment using your fingerprint without the requirement of a credit or debit card or even a phone. If you think of it, it is just one step behind Amazon’s contact-less checkout options in Seattle.