SISA, a firm in forensics-driven cybersecurity solutions for the digital payments industry has signed a Memorandum of Understanding (MoU) with the Karnataka government.
The development took place at the three-day Global Investors Meet in the city where the agreement, valued at Rs 150 crore over three years, was signed, aiming to drive cybersecurity innovation and skill development.

The MoU was signed by Dr. S Selvakumar, Principal Secretary, Commerce and Industries Department, Government of Karnataka, and Dharshan Shanthamurthy, Founder & CEO, SISA.

“As digital transactions continue to surge with the adoption of blockchain, contactless payments and digital currencies, the risks of data breaches and financial crime have reached unprecedented levels. This evolving threat landscape poses severe challenges for businesses that manage vast volumes of sensitive payment data, making cybersecurity an essential pillar of trust and resilience in the payments sector,"officials said.