Lucideus

Lucideus is a pure play Cyber Security company, providing Cyber Security platforms to enterprise and governments across the globe[1][2]. It is empanelled in CERT India as one of the certified cyber security auditors by Government of India. The company is headquartered in New Delhi, it builds & delivers information security platform & services to secure, continuously monitor and re-actively respond to cyber threats of a company's technology stack.

Lucideus is incubated out of Indian Institute of Technology, Bombay and continues to have one of its research & innovation labs located at the computer science department of IIT Bombay.[3][4][5] The company currently has offices in Bangalore, Mumbai, Palo Alto and Boston.

Lucideus is the only private company to be on-boarded as the official Knowledge Partner with Delhi University to design and co-execute a year-long postgraduate diploma course in Cyber Security.[6]

Lucideus
Private
Industry Cyber Security Platform
Founded New Delhi, India (2012 (2012))
Founder Saket Modi
Headquarters New Delhi, India
Area served
Worldwide
Number of employees
150
Website Lucideus.com

History

In 2012, Saket Modi[7][8][9][10][11] a Computer Science engineer, founded Lucideus, [12][13][14][15] along with co-founders Vidit Baxi [16] and Rahul Tyagi[17] [18]. They gathered together a team of security professionals and started the company with the objective of providing cyber security training.[19][20][21][22][23][24][25][26] In the beginning of 2013, Lucideus launched its range of Enterprise Cyber Security Services[27][28][29] and the company today works actively in both the areas.[30][31][32][33][34][35]

In 2017 after gaining experience in the market & understanding the need of an enterprise wide solution, Lucideus launched a Cyber Risk Assessment platform - SAFE[36]. SAFE (Security Assessment Framework for Enterprises) integrates with the existing technology stack of an enterprise to provide a real-time cyber risk assessment score (a number between 0-5) at a macro level across the organisation that can be broken down into micro-level scoring individually for each asset.[37][38]

Fund Raising

Lucideus has raised only angel investment from some of the most senior executives globally. The list of angel investors include:[39][40]

NameTitle
Amit Chowdhary Director, Motilal Oswal PE
Rajan Anandan Vice President, South East Asia and India, Google
Anand Chandrasekaran Director, Messenger, Facebook
Govind Rajan ex CEO, Freecharge
Jonathan Boutelle ex Director, Technology, LinkedIn
Kulmeet Bawa Managing Director, Adobe
Rahul Chawla Managing Director, Deutsche Bank
Salil Donde ex EVP, NASDAQ
Sanjay Baweja CFO, Suzlon Energy
Vellayan Subbiah Managing Director, Cholamandalam Finance
Victor Menezes ex Sr Vice Chairman, Citigroup
Rahul Chawla MD, Deutsche Bank

Services

Lucideus is a pure-play Cyber Security services & platforms provider. It builds and delivers information security services, both generic and customised to pro actively secure, continuously monitor and re-actively respond to cyber threats to your technology stack. It is one of the very few companies with a 100% OSCP (Offensive Security Certified Professional) certified Delivery team & a clear focus on Cyber Security.[41]

The Enterprise Cyber Security Services follows a Proactive, Continuous & Reactive approach to Security.[42][43][44][45]

Proactive Security

Services and Platforms to help you proactively strengthen and secure your IT Systems

  • IT Security Maturity Assessment
  • Governance Policy Formulation
  • Security Technology Training

Continuous Security

Progressive security services set to an optimum frequency to help you monitor and manage Digital Risk

  • VAPT of Apps
  • VAPT of IT Infra & Cloud
  • WISE SOC

Reactive Security

Incident Response and forensic capabilities to help you respond and recover with minimum possible damage

  • Emergency Response
  • Cyber Forensics
  • Fraud Investigation

Government Engagements

UPI & BHIM

Lucideus was responsible for security assessment of the applications built by National Payments Corporation of India.[46] Bharat Interface for Money (BHIM) [47]is a payment app that uses Unified Payments Interface (UPI) to let users you make simple, easy and quick transactions. Users can make direct bank payments to anyone on UPI using their UPI ID or scanning their QR with the help of this app. The user can also request money through the app from a UPI ID. It has been pioneered and developed by National Payments Corporation of India (NPCI), BHIM has been conceived and launched by the honorable Prime Minister of India, Narendra Modi. [48][49][50][51]

SAFE

SAFE (Security Assessment Framework for Enterprise),[52] [53] dejargonizes Cyber Security by providing ‘one’ number or a standard that estimates the IT health of the on-ground IT assets within a company and correspondingly the organisation as a whole. It takes into account controls across People, Process and Technology. With this Lucideus aims to make cyber risk an informed business decision such that it will allow the security team to communicate to the non tech specialists (CXOs, Business Unit Leaders and Board) about the cyber security posture of the enterprise.[54][55]

SAFE integrates with the existing technology stack of an enterprise to provide a real-time cyber risk assessment score (a number between 0-5) at a macro level across the organisation that can be broken down into micro-level scoring individually for each asset.It backs this real-time number with cognitive learning & assessment and analysis of multiple vulnerabilities, configuration & policy controls. Basis this, SAFE gives one scorecard of assets at that time instant & gives recommendations and actionable insights to enhance the number. [56][57]

Awards & Recognition

Year Name of Award or Honor Awarding Organization
2018 Innovation in Cyber Security Aegis Graham Bell Award
2018 Emerging Cyber Security Vendor of the Year Frost & Sullivan[58]
2018 India Emerging Twenty (IE20) London & Partners (Mayor of London)[59]
2018 Most Innovative CyberSecurity Product of the Year NASSCOM & Data Security Council of India
2018 Cyber Security Company of the Year - Cyberops Infosec LLP, Jaipur Dynamic CISO Forum
2018 Tech Companies to Watch Out For BusinessWorld TechTors
2017 Best IT Startup of India[60] National Entrepreneurship Awards, Government of India
2017 Industrial Innovation Award Confederation of Indian Industry (CII)
2017 Hot 50 Startups[61] The Economic Times
2013 Top 5 IT Startups of India Entrepreneur Magazine[62]

References

  1. "Lucideus | Securing Digital". www.lucideus.com. Retrieved 2018-08-12.
  2. Kulkarni, Srinivas. "Indian cybersecurity startup counts on being street smart, hands on | ZDNet". ZDNet. Retrieved 2018-08-12.
  3. "SINE IITB Incubatees". SINE Website. April 15, 2014.
  4. "Lucideus set to grow into a billion dollar cyber security". CNBC TV 18. September 23, 2013.
  5. "Hacking for Security". Business World. March 15, 2014.
  6. www.ETCISO.in. "Delhi University launches PG diploma in cyber security and law - ET CISO". ETCISO.in. Retrieved 2018-09-24.
  7. "23-year-old Saket Modi talks about his cyber security firm Lucideus Tech". Live Mint.
  8. "Lessons from an ethical hacker". Money Indices. March 24, 2014.
  9. "The Days of Mass Attack are Over". Fierce IT Security. 28 Mar 2015. Retrieved 28 Mar 2015.
  10. "CII Conference on Cyber Security Agenda" (PDF). July 13, 2013.
  11. "'Ethical Hacker' Saket Modi Calls for Stronger Cyber Security Discussions". The Centre for Internet & Society. August 5, 2013.
  12. "Why are Indian companies not venturing into next level of technology such as cloud storage, cyber security?". Indiatimes.com. Retrieved 13 April 2015.
  13. "Apping it: What the tech-preneurs are fiddling with". The Entrepreneur Magazine. August 13, 2013.
  14. "Saket Modi's Lucideus ensures your system is protected from threats that you did not even know existed". Forbes. November 1, 2014.
  15. "Delhi-based cyber security firm Lucideus battles hackers". The Economic Times. April 19, 2013.
  16. NDTV (2017-01-16), The Trailblazer of Cyber-Security, retrieved 2018-08-12
  17. Jain, Aashika (2017-02-24). "This Entrepreneur is a Password to Security". Entrepreneur. Retrieved 2018-08-12.
  18. "Lucideus raises undisclosed sum in angel funding". @businessline. Retrieved 2018-08-12.
  19. "There may be a mole in your banking app". Live MINT. May 10, 2015.
  20. "How shell shock vulnerability affects your computer". The Economic Times. May 15, 2015.
  21. "Saket Modi explaining explains the impact of the rise of NextGen malware analysis within ethical hacking". The Education Times. May 27, 2013.
  22. "Shield your personal data from prying apps on your phone and the Internet". The Economic Times. May 10, 2015.
  23. "Are Free Messenger Services Really Safe To Share Private Information?". The Business Insider. November 27, 2013.
  24. "Chrome is 5. And what a fantastic journey it's been". DNA India. August 27, 2013.
  25. "Computers can suffer cyber attacks even when not in connected network". Financial Chronicle. July 14, 2013.
  26. Rahul Tyagi (2014-08-22), NDTV : Saket Modi and Rahul Tyagi Discussing Common Cyber Attacks on NDTV Headsup, retrieved 2018-08-12
  27. "Why you need this guy more than you think". Inc.India. July 15, 2013.
  28. "The nation wants the smart hacker". Open Magazine. 24 Jul 2014. Retrieved 24 Jul 2014.
  29. "CIO Hour: Understanding today's threat landscape in the IT ecosystem". Economic Times, CIO Hour. Feb 25, 2014.
  30. "Securing one's credit card information online". BBC. April 15, 2014.
  31. "Engage technology security experts right from the beginning". The Economic Times. May 18, 2015.
  32. "Google: Minor transgression or blatant invasion of privacy?". The Indian Republic. November 25, 2013.
  33. "Saket Modi cites details on Mobile Phone Privacy and SIM Card Hacking for Hindustan Times Daily". Hindustan Times. August 19, 2013.
  34. "3 Entrepreneurial guidelines where lot of people get misguided – Saket Modi". Brand Kahani. December 5, 2013.
  35. "Indian cybersecurity startup counts on being street smart, hands on". Zdnet.com. Retrieved 13 April 2015.
  36. "SAFE | Security Assessment Framework for Enterprise". www.lucideus.com. Retrieved 2018-08-12.
  37. "Play Safe With Lucideus". NDTV Gadgets360.com. Retrieved 2018-08-12.
  38. Play Safe With Lucideus, retrieved 2018-08-12
  39. www.ETtech.com. "Lucideus Tech raises funding from Rajan Anandan, Govind Rajan & others - ETtech". ETtech.com. Retrieved 2018-08-12.
  40. Tyagi, Chhavi (2016-09-01). "Lucideus raises 3rd round of angel funding in two months". The Economic Times. Retrieved 2018-08-12.
  41. "Assume Everything Is Hacked Already: Ethical Hacker Saket Modi". The Quint. Retrieved 2018-08-12.
  42. Hedgecock, Sarah. "Cybersecurity Expert Saket Modi Will Make You Afraid To Own A Smartphone". Forbes. Retrieved 2018-08-12.
  43. "Lucideus | Securing Digital". www.lucideus.com. Retrieved 2018-08-12.
  44. Seetharaman, G.; Sachitanand, Rahul (2018-07-22). "The critical flaw in India's mobile security". The Economic Times. Retrieved 2018-08-12.
  45. "A startup is hacking into India's central bank for a good cause". Quartz India. Retrieved 2018-08-12.
  46. Tyagi, Chhavi (2016-12-20). "When it comes to cyber security, even RBI banks on Lucideus Tech". The Economic Times. Retrieved 2018-08-12.
  47. "BHIM App: All you need to know about functionality and app security | Digit.in". Digit. Retrieved 2018-08-12.
  48. "About BHIM Application - An Instant Money Transfer App". www.bhimupi.org.in. Retrieved 2018-08-12.
  49. Alawadhi, Neha (2017). "How Team Lucideus spent sleepless nights to make BHIM invincible". The Economic Times. Retrieved 2018-08-12.
  50. "PM Modi Launches BHIM, RuPay And SBI App In Singapore". The Quint. Retrieved 2018-08-12.
  51. 30, Updated: Dec; 2016; Ist, 09 23 Pm, PM Modi launches BHIM app for digital payments | The Economic Times Video, retrieved 2018-08-12
  52. "Saket Modi: Hacking for the greater good | Forbes India". Forbes India. Retrieved 2018-08-12.
  53. "Lucideus launches AI-based cybersecurity platform SAFE for organisations". PCMag India. 2017-05-10. Retrieved 2018-08-12.
  54. "Lucideus launches SAFE to keep customers safe from cyber threatsDATAQUEST". www.dqindia.com. Retrieved 2018-08-12.
  55. "Lucideus Launches SAFE to Keep Customers Safe from Cyber Threats". Deccan Chronicle. 2017-05-10. Retrieved 2018-08-12.
  56. "Lucideus launches enterprise cyber risk management platform called SAFE | Digit.in". Digit. Retrieved 2018-08-12.
  57. "Lucideus Tech presents its innovation at the Aegis Graham Bell Award Jury Round Day 4 - Aegis Graham Bell Awards". bellaward.com. Retrieved 2018-08-12.
  58. infotech (2018-06-27). "Frost & Sullivan reveals winners of India ICT Awards 2018 | InfotechLead". InfotechLead. Retrieved 2018-08-12.
  59. "20 Indian companies selected for London mayor's IE20 business programme - Times of India". The Times of India. Retrieved 2018-08-12.
  60. "Awardees for National Entrepreneurship Award 2013". Jan 31, 2017.
  61. "30 Under 30: Saket Modi - Hacking and securing the world wide web". Feb 19, 2017.
  62. "Cyber Protector" (PDF). Entrepreneur Magazine.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.