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https://help.tallysolutions.com/docs/te9rel51/Data_Management/DM_TallyVault.htm

TallyVault

Data Security has been a matter of concern to the Business Owner as most businesses depend on the confidentiality of the information. TallyVault is a feature in Tally.ERP 9 that will help the business to maintain confidentiality of information by encrypting the data.  

TallyVault uses a Non-Stored password with an advanced algorithm to validate a new user without any prior knowledge of the password and the decrypted form of data is not stored on the system. A combination of such algorithms ensures that Tally Vault becomes one of the most secure means of data storage.