Press Release

Meet TAC Security the Cyber Security Company Safeguarding UPI Applications

In an era where digital transactions have become an integral part of our lives, ensuring the security of financial platforms is of paramount importance. Meet TAC Security, a leading cybersecurity company that has been dedicated to protecting India’s Unified Payments Interface (UPI) applications since 2017. With India’s UPI transactions soaring to an astounding $1.7 trillion in the fiscal year 2023, TAC Security’s role in safeguarding this critical financial infrastructure has never been more vital.

Championing UPI Security Since 2017

TAC Security has been at the forefront of providing comprehensive security solutions for UPI applications since its inception. As UPI gained prominence in India and beyond, TAC Security stepped up to the challenge of safeguarding these applications from evolving cyber threats. With a proven track record and a commitment to innovation, TAC Security has emerged as a trusted guardian of UPI platforms.

UPI: Transforming Lives with Seamless Transactions

The Unified Payments Interface (UPI), developed by the National Payments Corporation of India (NPCI), has revolutionized the way we conduct financial transactions. Its scalability, efficiency, and security have not only made it a favorite in India but have also set new global standards for digital payments. With UPI, individuals and businesses alike have experienced the convenience and speed of secure digital transactions.

TAC Security: The Unsung Heroes

Behind the scenes, TAC Security has played a pivotal role in ensuring the smooth functioning of UPI applications. Their dedication to safeguarding these platforms has allowed millions of users to enjoy the benefits of hassle-free digital payments. As cyber threats continue to evolve, TAC Security remains vigilant, ensuring that UPI applications remain a safe and reliable mode of financial interaction.

In a world that’s rapidly embracing digital transactions, TAC Security stands as a stalwart protector of our financial data. Their mission to secure UPI applications and empower the digital payment landscape is a testament to their commitment to making our lives easier, one secure transaction at a time.

 UPI: The Future of Global Payments

In a podcast with Raj Shamani last year, TAC Security’s Founder & CEO made a bold proclamation: UPI is the future of payments worldwide. Developed by the National Payments Corporation of India (NPCI), UPI’s scalability, efficiency, and security have set new standards in the payments industry. TAC Security believes that UPI will serve as a blueprint for payment systems in various countries, solidifying its position as a global frontrunner.

TAC Security is also gearing up for an exciting milestone in its journey, with plans to go public through an IPO in January 2024. This strategic move will enable the company to further enhance its capabilities and expand its reach in the cybersecurity landscape.

TAC Security boasts an impressive clientele, including prestigious names such as Bandhan Bank, NSDL e-Gov, Reliance Group, Motilal Oswal, DBS Bank, HDFC, Juspay, and various Global Fortune 500 Companies.

It’s worth mentioning that TAC Security backed by notable investor Vijay Kedia in 2016.

Last week, former National Cybersecurity Coordinator at PMO, Dr.Rajesh Pant joins TAC Security’s as a board member.

As per Foreign Secretary, India and Oman exploring Rupee trade between the two countries, utilising UPI stack in Oman’s digital economy.