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The Ethical Innovator

MARWAR India

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January-February 2019

Fighting cybercrime is no easy business, but Saket Modi has managed to get the better of hackers. At 28, he is the co-founder and CEO of Lucideus, a cyber-security platform provider that has governments and Fortune 500 companies among its clients. MARWAR takes you through the award-winning entrepreneur's journey.

- Pooja Mujumdar

The Ethical Innovator

AS TECHNOLOGY EXPANDS and develops, so do cyber crimes. Understandably then, more and more organisations are investing in new-age cyber-security solutions. One of the leading companies that is helping them protect their data and keep hackers out of their IT systems is Lucideus.

Founded by Saket Modi, Vidit Baxi and Rahul Tyagi in 2012, Lucideus is a cyber-security platform provider to enterprises and governments across the world. Even the National Payments Corporation of India has entrusted Lucideus with end-to-end security assessment of the BHIM (Bharat Interface for Money) application developed by it.

A latent skill for hacking

It was during the run-up to his Class 12 board exams that Modi made his foray into the world of hacking. Fearing that he would not clear the pre-board chemistry examination conducted by his school, he hacked into the school’s secure computer system and accessed the question paper! But a guilty conscience compelled him to own up to his teacher, who allowed him to still appear for the exam. For Modi, the thrill of hacking stayed on, with the episode becoming a turning point for him, as he realised that he could turn his skills towards ethical endeavours instead.

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