Mumbai, Nov 24th: BD Software Distribution Pvt. Ltd., one of India’s leading IT and cybersecurity distributors, has strengthened its Managed Detection and Response (MDR) and Data Loss Prevention (DLP) portfolio for the BFSI and Fintech sectors, addressing escalating cyber risks driven by rapid digital banking growth and cloud-led transformation. The enhanced suite is designed to mitigate vulnerabilities arising from sophisticated phishing and ransomware attacks, insecure third-party integrations, and increased exposure of APIs and financial data across distributed digital ecosystems.
BD Soft’s expanded portfolio integrates solutions from global and Indian cybersecurity innovators:
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Axidian (Dubai, UAE) for identity governance and privileged access management
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FileCloud (Austin, USA) for hyper-secure Enterprise File Sync & Share (EFSS)
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GTB Technologies (California, USA) for advanced Data Loss Prevention
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Hunto.ai (Mumbai, India) for external threat intelligence and continuous monitoring
Together, these solutions empower financial institutions to strengthen data governance, prevent fraud, address regulatory compliance, and build resilient, zero-trust security architectures that safeguard customer confidence.
The BFSI and Fintech sectors remain prime targets for cyberattacks, with more than 60% of incidents in India now aimed at financial systems. Cloud-related breaches have increased by over 45% in the past two years. With mobile banking adoption expanding the attack surface, risks such as unauthorized access, data leakage, credential compromise, and insider threats continue to intensify—making real-time, intelligence-driven cyber defence a critical necessity.
Commenting on the development, Mr. Zakir Hussain Rangwala, CEO of BD Software Distribution Pvt. Ltd., said;
“As financial brands accelerate digital adoption, robust encryption, zero-trust architecture, and continuous monitoring are no longer optional—they are fundamental to trust and financial stability. Our focus is enabling institutions to go not just digital, but safely digital.”
BD Soft also plans to expand its cybersecurity offerings with AI-driven, cloud-native, and behaviour-based tools, strengthen partnerships with global cybersecurity leaders, and deepen its presence across key financial hubs in India.
