CoinDCX, India’s first crypto unicorn, has appointed Diwakar Prayag as Senior Vice President and Head of Information Security. Diwakar will oversee CoinDCX’s information security strategies and governance processes and lead an inclusive and comprehensive data security program to support development, research, and administrative information systems and technology.
According to CoinDCX, Diwakar was formerly Head of Cyber Defense at e-commerce giant Flipkart and Vice President of Cyber Security at Wells Fargo and brings a wealth of his expertise from the traditional financial sector to the future of finance, creating greater trust and credibility. . The wider crypto industry.
Commenting on Diwakar’s appointment, Neeraj Khandelwal, Co-Founder, CoinDCX, said, “In the digital first world of crypto and blockchain, information security is critical to ensuring customers seamless access to digital assets and a secure trading experience. Diwakar will be the linchpin in promoting a security first approach to the sector at large, advancing CoinDCX’s security systems and advancing our position as India’s most secure crypto exchange.”
Prior to joining CoinDCX, Diwakar had a broad career building and expanding information security and cybersecurity protections for global companies such as Wells Fargo, Wipro, Unisys and IBM, and Fortune 500 companies.
“As the crypto and blockchain industry is based on digital technologies, information security is more paramount than ever to protect customers and companies alike from cyber attacks and exploits. I want to join the nation’s leading powerhouse and protect the ecosystem from across the world. And happy to bring our experience to strengthen safety standards,” Diwakar said.
CoinDCX has over 7.5 million Indian users. With its Series C funding round led by former Facebook co-founder Eduardo Saverin’s B Capital, CoinDCX rose to unicorn status by becoming India’s first crypto unicorn start-up.
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