Modern SOC Operating System for the Indian Financial Services Sector: Why Speed, Scale, and Resilience are Non-Negotiable

By Dipesh Kaura, Country Director- India & SAARC, Securonix

India’s financial services sector continues to see rapid growth, driven by new market entrants and accelerated digital transformation across established institutions. India now accounts for nearly half of global real-time digital payment volumes, with a 48.5 percent share, underscoring both the scale and criticality of this ecosystem. Digital payment transactions are projected to grow from 206 billion in FY25 to 617 billion by FY30, with total transaction value increasing from INR 299 trillion to INR 907 trillion.

Alongside this growth, financial institutions including banks, NBFCs, and insurers play a central role in safeguarding sensitive customer data while maintaining economic stability. The widespread adoption of UPI has reshaped payment experiences but has also expanded the threat landscape. Increased digital activity has led to greater exposure to fraud, ransomware, insider threats, and nation-state attacks.

As the attack surface ...