CoinDCX crypto exchange has appointed Sridhar Govardhan as the Chief Information Security Officer (CISO) to monitor its cybersecurity readiness. Govardhan previously served as the vice president and head of information security at Flipkart. The firm is looking to drive engagement with a focus on providing advanced security measures. Govardhan has previously overseen security cybersecurity measures for Wipro and Infosys. The crypto industry recently witnessed the exit of several investors after promising projects fell prey to hack attacks and dramatically collapsed.
As part of his key responsibilities, Govardhan will serve as the Information Security Liaisons’ leader and head the Information Security Advisory Committee to promote information security throughout the exchange’s ecosystem. “I am thrilled to be a part of this dynamic sector and strengthen CoinDCX’s security posture to contribute to the industry’s growing information security landscape, especially as crypto paves the way for the future of the Internet. By developing and implementing the best-in-class safety solutions, aimed at giving CoinDCX the first-mover advantage, we will be enhancing the security credentials of the entire ecosystem,” said the new CISO of CoinDCX in a prepared statement.
The exchange says it aims to cater to its users’ demands of ensuring top notch security against hack attacks and vulnerabilities that can expose them to financial risks and losses. “We are building, and this demands greater transparency and security. Sridhar will lead our efforts in designing and maintaining an efficient corporate information security framework and build a multi-tiered security architecture at par with global standards,” said Neeraj Khandelwal, Co-founder, CoinDCX.
In a recent report, Chainalysis said that last year was the worst on record for cryptocurrency heists, with hackers stealing as much as $3.8 billion (nearly Rs. 31,100 crore). Under the circumstances, CoinDCX is looking to ensure its customers that they could experiment with crypto, while being safe in terms of online transactions.
The exchange also recently launched a crypto awareness initiative named ‘Namaste Web3′ for Indian industries and investors.
Samsung’s Galaxy S23 series of smartphones was launched earlier this week and the South Korean firm’s high-end handsets have seen a few upgrades across all three models. What about the increase in pricing? We discuss this and more on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article.
Affiliate links may be automatically generated – see our ethics statement for details.
For all the latest Technology News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
