Cybersecurity Industry Veteran Bharat Panchal Joins TAC Security Ropes in Cyber Security Board of Directors
Bombay, Maharashtra, India:
TAC Security, a global leader in innovative risk-based vulnerability management, today announced the appointment of cybersecurity industry veteran Bharat Panchal to the company’s Board of Directors.
As an independent director, Bharat will provide leadership and mentorship to TAC Security to continue its accelerated growth momentum.
With his extensive experience in the cybersecurity landscape spanning three decades, Bharat Panchal’s induction into TAC Security’s Board of Directors will further fuel the company’s accelerated growth journey as a global cybersecurity-focused startup. . TAC has gained an industry-wide acceptance base for its distinct ESOF-based vulnerability and risk management solutions for enterprises.
Bharat has been recognized as a global thought leader for enterprise risk, data sovereignty and cybersecurity, standing out as the digital risk management architect of the entire payment ecosystem of retail in India and improving enterprise-level efficiency at NPCI.
Bharat is currently working as Director of Industry Relations and Regulatory at Discover Financial Services – (NYSE:DFS); one of the largest payment networks in the world. In addition, Bharat is also a Digital Risk Management and Cyber Security Mentor at Startup Incubation and Innovation Center at IIT Kanpur, Academic Board Member of Sri Sri School of Cyber Peace, Sri Sri University and Board Member Board of the Indian Investors Federation.
Bharat was at FIS Global as Chief Risk Officer for India, Middle East and Africa. Prior to that, he worked as Head of Risk Management for National Payments Corporation of India (NPCI) for over 8 years. He has been one of the strong pillars since the establishment of NPCI, an apex organization for the entire retail payment system in India. He has managed key functions such as Enterprise Risk Management, Cybersecurity, Operational Risk Management, Compliance, Fraud Management and AML for every NPCI product and ecosystem since its inception. Bharat holds an MBA in Information Systems and has around 30 years of rich experience in risk management, mainly in the banking and telecommunications industry. Prior to NPCI, Bharat worked with Kotak Mahindra Bank, Citibank, Reliance Communications and Tata Telecom.
Trishneet Arora, Founder and CEO of TAC Security said on Bharat’s appointment, “Bharat’s versatile background as a thought leader, risk manager, mentor for start-ups, his experience working with stakeholders on security standards and his understanding of industry-academia dynamics, collectively add him to one of those rare talents in the global cybersecurity space. Bharat has joined the TAC Security Board of Directors at the right time as we prepare to take off for our next hop north.
Bharat Panchal commented, “I firmly believe that the cybersecurity ecosystem is poised for exciting times ahead, precipitated by increased demand amid disruptions from the new normal world. This calls for players in the value chain to deliberate on the need for an industry standard and the cyber score appears to be the best fit. Through my association with TAC Security, I intend to further propagate industry pressure in this direction.
TAC Security, headquartered in San Francisco, is a global leader in vulnerability management that protects Fortune 500 companies, large enterprises and governments around the world. TAC Security manages over 5 million vulnerabilities with its ESOF (Enterprise Security in One Framework) artificial intelligence (AI) vulnerability management platform.
TAC Security has established strategic partnerships with leading cloud providers, managed service providers and consulting organizations including Tech Mahindra, IBM, KDDI Japan and distributors such as Dataguard Technologies LLC and Ingram Micro. For more information, go here.