Paladion

Bangalore, May 23, 2010 -- Durga Prasad Dube, former Chief Information Security Officer (CISO) of Reliance Group, has joined specialised information security provider, Paladion Networks as Executive Director Mr Dube would commence his new tenure from 18th of May 2010. He has played a pivotal role in developing and maintaining a strong and resilient Information security framework for Reliance, a conglomerate comprising of various businesses having different IT maturity levels and diverse regulatory and compliance requirements.

Mr Dube will head Paladion’s new strategic initiative of Banking Risk Management. This new business unit is an endeavour to cover the banking risks in its entirety by aligning conventional IT risk practises with business processes and objectives. His wide experience spanning over two decades in senior positions in RBI (www.rbi.org.in), IDRBT (www.idrbt.ac.in), Wipro (www.wipro.com) and Reliance (www.ril.com) would come handy in this new and challenging assignment.

"Dube’s insight and experience with information and cyber security is unmatched in the banking industry," said Rajat Mohanty, Paladion’s CEO, in a written statement. "Our banking customers have expressed increased level of interest in holistic IT security to address business risks, and we are thrilled to have Mr. Durga Prasad Dube in the Paladion Leadership team to help us understand, formulate and execute a winning proposition within this market."

Founded on 2000, funded and advised by NS Raghavan, Ex MD of Infosys Technologies, Paladion is the fastest growing security company in Asia (as ranked in Deloitte Technology Fast 500 Asia Pacific 2006, 2007, 2008 & 2009). With a global footprint across 15 countries, Paladion today is actively managing security for over 400 customers. Paladion’s security solutions have been awarded by Asian Banker, Red Herrings, and Financial Insights. Paladion is also included in Gartner’s rating of “MarketScope for Managed Security Services in Asia Pacific.”

Mr Dube has authored a book viz “Information system Audit and Assurance” which was published by TATA Mcgraw Hill in 2005. This book, in its third reprint is very well acclaimed in the market. "Coming to BFSI space is like home coming for me and I am excited that I would be using my skills and exposure in providing a value added Information security services to the financial sector industries“ said Mr Dube.