Lydsec Digital Technology (d.b.a. Keypasco) (‘Lydsec’, Taipei Exchange stock code: 7834), a leading provider of online identity authentication security solutions, joined forces with local partners HLBS Tech and BBSSL in India to co-host the “Keypasco MFA & Zero Trust Security Workshop.” The event offered an in-depth look at the Keypasco solution and drew significant participation, underscoring the strong interest and demand for cybersecurity, digital transformation, and FinTech innovation in the Southeast Asian market.
The Indian cybersecurity market is experiencing rapid growth. International Data Corporation (IDC) projects cybersecurity spending in India to surge from over $3.5 billion in 2025 to $20.48 billion by 2030. Concurrently, a report from the Data Security Council of India (DSCI) revealed over 369 million malware activities detected in India between October 2023 and September 2024, with frequent ransomware attacks highlighting the importance of behavioral detection. Lydsec Technology identified India’s high demand for integrated cybersecurity solutions, AI-driven protection technologies, and cloud platforms, and has already established a branch office to deepen its presence in the region.
The “Keypasco MFA & Zero Trust Security Workshop” marked Lydsec Technology’s debut product workshop in India, featuring a series of engaging sessions that delivered actionable cybersecurity insights and practical solutions tailored for Indian enterprises. Lydsec Technology invited its two key Indian distributors—HLBS Tech and BBSSL—to participate in the event. HLBS Tech, with its robust IT hardware manufacturing capabilities spanning motherboards, memory, and self-service kiosks, demonstrated its leadership in smart manufacturing. Meanwhile, BBSSL, a long-standing partner of Infosys Finacle, specializes in implementing and upgrading core banking systems, serving clients across South Asia and the Middle East.
By collaborating closely with these trusted distributors, Lydsec Technology is committed to equipping local businesses with comprehensive, forward-thinking cybersecurity solutions to tackle the evolving security challenges of the digital era.
Mr. ChengI Lin, Chairman of Lydsec Technology, emphasized that the heart of Keypasco’s multi-factor authentication service is its integration of de-identification and anonymous protection technologies, enabling any device to become a secure part of a user’s digital identity. Leveraging device identification technology as unique as DNA, users can rely on their own devices to ensure security, resulting in a seamless, personalized authentication experience.
The success of the workshop not only highlighted Lydsec Technology’s leadership and innovation in online identity authentication security but also set a new standard for Taiwanese technology companies expanding into New Southbound markets.
