Harsh Parekh, Founder and CEO of Securze, receiving the award.
Mumbai (Maharashtra) [India], December 8: Highlighting the escalating cybersecurity risks confronting India’s financial ecosystem, Mumbai-based cybersecurity company Securze has been awarded the Outstanding Security Solutions Provider title at the 21st Elets NBFC100 Leader of Excellence Awards.
The honour comes at a crucial time for Non-Banking Financial Companies (NBFCs), many of which are witnessing a sharp rise in cyber threats as their operations grow increasingly digital. This concern dominated discussions at the 21st Elets NBFC100 Tech Summit, where banking and technology leaders convened in the heart of the country’s financial capital.
Securze, the dedicated cybersecurity arm of Navneetpriya Softech Solutions LLP, has built a strong market position through its advanced defence frameworks and specialised security advisory services. Its offerings include 24×7 managed cybersecurity operations, continuous threat surveillance, and rapid incident response, supporting NBFCs, fintech organisations, insurance players, and government agencies. The company’s model is defined by uninterrupted monitoring of suspicious activities and immediate, year-round breach mitigation.
The Cost of Delay in Digital Finance
For Founder Harsh Parekh, the award is more than an honour; it is validation of the firm’s critical function in an environment where speed is non-negotiable.
“We are grateful to receive this award. It recognises the intense effort put in by our team every single day,” Parekh noted, speaking to the constant pressure facing security teams. He underscored the escalating danger posed by institutions handling sensitive financial data online.
“Cybersecurity requires constant attention. Working with Non-Banking Financial Companies has shown how quickly risks can escalate if not addressed immediately,” Parekh said. “The nature of threats has changed, demanding real-time action. Our primary role is to ensure these critical concerns are addressed the moment they appear.”
The Two Pillars of Defence: Tech and Education
The firm’s influence extends beyond mere technological defence. Recognising the evolving landscape of data privacy and regulatory governance in India, Securze has introduced initiatives that help businesses adapt responsibly while safeguarding stakeholder trust.
The company recently launched DPDPAedu.org, a public-facing platform designed to translate India’s complex Digital Personal Data Protection Act (DPDPA) into accessible language, supported by clear examples and actionable checklists.
The response was immediate and telling: the guide attracted over 4,500 readers within the first 48 hours, confirming the widespread uncertainty among businesses regarding the new legislation.
“Several organisations were unsure about their exact responsibilities under the Act. The legal language can feel complex. We built DPDPAedu.org to make the information clear and practical, allowing institutions to approach compliance with confidence,” Parekh explained.
He concluded by linking the two essential aspects of digital resilience: “If people understand the law properly, they are better prepared to handle data responsibly. Awareness is just as critical as the technology we deploy.”
Securze’s commendation comes within the broader context of the NBFC100 Tech Summit, which repeatedly stressed that as institutions scale their digital presence and adopt cloud systems and tech-driven lending, their vulnerability to cyberattacks increases exponentially. The award, therefore, recognises a firm dedicated to providing the reliable and continuous security support that the expanding digital finance sector urgently requires.
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