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Panacea InfoSec

Ajay Kaushik

Ajay Kaushik is Founder and CEO of Panacea InfoSec. He is responsible for setting the strategic direction of the company and leading the executive team across all operational aspects of planning and execution. He is an Information Security management professional with CISSP, CISM and PCI QSA certifications and over one decade of experience in IT security research, consulting and audit with the last seven of those within the Payment Card Industry.

He has played a key role in setting up the Indian operation, driving expansion in Middle East and Africa and engaging partners worldwide. In the last seven years, he has completed more than 100 formal PCI DSS Reports on Compliance (ROC) assessments, readiness assessments and PIN PED assessments for multiple level-1 Banks, Card Personalization Bureau, Payment Gateways, Call centers, Managed hosting providers, National financial switches and other Payment Card Industry service providers across 25 countries.


Binoy Koonammavu

Binoy Koonammavu, an Information Security professional with around 15 years of experience, is Vice President at Panacea InfoSec, a pure play techno-compliance service company.

Prior to joining Panacea, Binoy was heading the IT Security department at Burgan Bank, Kuwait where he led the bank to achieve PCI DSS and ISO 27001 Compliance and Certifications. Earlier, he worked at US Technology Resources (now UST Global), as Practice Director of Information Security Centre of Excellence leading its information security practice. He also worked with Network Solutions, India in various technical roles. He speaks at various IT and Security conferences and seminars on topics related to IT, IT Security, Information Security and PCI DSS compliance

He currently is a partner at ValueMentor Consulting LLP and an advisor to various Internet start-up companies in India.

Binoy graduated from Mahatma Gandhi University with a bachelor’s degree in science. He holds a diploma in business from IGNOU. His professional certifications include CISSP, CISM, CISA, CRISC, AMBCI, ISO 27001 LA and product certifications. Binoy was selected as a Honoree for Sixth Annual Asia-Pacific Information Security Leadership Achievements (ISLATM) Program


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