Manda has extensive experience in cybersecurity, a must-have when working in the crypto industry.
AlphaPoint, a white label solutions provider for digital currency exchanges, announced on Thursday that it has appointed Srikant “Sri” Manda as Chief Information Security Officer. Manda is an experienced cybersecurity executive and is the first to join the company in this position.
Mandra brings more than a decade worth of experience in cybersecurity to the company. During his career, he has focused on the governance, architecture and operations experience. Manda has held positions in cybersecurity operations at Citigroup and TD Bank. His most recent positions were at Juniper Networks and Fortinet, where he led architecture and security teams.
Commenting on his new position, Manda said: “one of the reasons I am especially excited to join AlphaPoint is that it’s clear that the company already prioritizes security — internally as a company as well as for its customers. For example, their partnership with Intel offers a trusted security-focused solution backed by Intel's Software Guard Extensions (SGXs).”
Manda joins a team which is led by industry veterans. In particular, the company's employees have extensive experience working across capital markets, fintech, exchange technology, options, Forex, and engineering.
AlphaPoint’s co-founder and Chief Technology Officer, Joe Ventura, added: “there is a lot of scrutiny around hacks and lost funds on cryptocurrency exchanges and we do not take this challenge lightly."
“We work every day to protect our clients and ensure the safety and security of our products and customers through multilayer cybersecurity, physical security, and operational best practices. Sri coming on board doubles down on our commitment to be a security first company.”
Protecting a hacking-prone industry
Security hacks in the cryptocurrency industry have become increasingly problematic. One of the most notable hacks was to Japanese exchange Coincheck on January 26 this year. Unidentified hackers managed to steal more than $500 million worth of NEW tokens. At the time of the attack, the tokens were worth about $0.94 apiece. It took the exchange around eight hours before they noticed the attack.
As a result, the company experienced financial troubles which led to Japanese Online Trading giant Monex acquiring the firm. According to our report on the acquisition earlier this year, the deal was worth $33.5 million.
Salil Donde, AlphaPoint's Chief Executive Officer, noted: “Sri has successfully implemented best practices around cloud and application security within the financial services industry and is well positioned to oversee the security of AlphaPoint’s technology and products as well as to further mitigate any potential technology threats."
“AlphaPoint implements best practices and leads the way in terms of security. We are excited for Sri to ensure that AlphaPoint continues to set the precedent for others in the industry to follow.”
AlphaPoint, a white label solutions provider for digital currency exchanges, announced on Thursday that it has appointed Srikant “Sri” Manda as Chief Information Security Officer. Manda is an experienced cybersecurity executive and is the first to join the company in this position.
Mandra brings more than a decade worth of experience in cybersecurity to the company. During his career, he has focused on the governance, architecture and operations experience. Manda has held positions in cybersecurity operations at Citigroup and TD Bank. His most recent positions were at Juniper Networks and Fortinet, where he led architecture and security teams.
Commenting on his new position, Manda said: “one of the reasons I am especially excited to join AlphaPoint is that it’s clear that the company already prioritizes security — internally as a company as well as for its customers. For example, their partnership with Intel offers a trusted security-focused solution backed by Intel's Software Guard Extensions (SGXs).”
Manda joins a team which is led by industry veterans. In particular, the company's employees have extensive experience working across capital markets, fintech, exchange technology, options, Forex, and engineering.
AlphaPoint’s co-founder and Chief Technology Officer, Joe Ventura, added: “there is a lot of scrutiny around hacks and lost funds on cryptocurrency exchanges and we do not take this challenge lightly."
“We work every day to protect our clients and ensure the safety and security of our products and customers through multilayer cybersecurity, physical security, and operational best practices. Sri coming on board doubles down on our commitment to be a security first company.”
Protecting a hacking-prone industry
Security hacks in the cryptocurrency industry have become increasingly problematic. One of the most notable hacks was to Japanese exchange Coincheck on January 26 this year. Unidentified hackers managed to steal more than $500 million worth of NEW tokens. At the time of the attack, the tokens were worth about $0.94 apiece. It took the exchange around eight hours before they noticed the attack.
As a result, the company experienced financial troubles which led to Japanese Online Trading giant Monex acquiring the firm. According to our report on the acquisition earlier this year, the deal was worth $33.5 million.
Salil Donde, AlphaPoint's Chief Executive Officer, noted: “Sri has successfully implemented best practices around cloud and application security within the financial services industry and is well positioned to oversee the security of AlphaPoint’s technology and products as well as to further mitigate any potential technology threats."
“AlphaPoint implements best practices and leads the way in terms of security. We are excited for Sri to ensure that AlphaPoint continues to set the precedent for others in the industry to follow.”
eToro Welcomes Back Naomi Rarmani as Head of Compliance Operations
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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