https://nsearchives.nseindia.com/corporate/TAC_12092024112031_TACPRAugClients1000Clients.pdf
Mumbai, India – September 12, 2024 – TAC Infosec Limited (NSE Emerge: INE0SOY01013), known as TAC Security, a leading global cybersecurity company specializing in vulnerability management, has achieved a significant milestone by securing its 1,000th client globally. This marks a major step towards the company’s ambitious goal of reaching 3,000 customers by March 2025 and 10,000 by March 2026, positioning TAC Security as the largest vulnerability management company in the world.
In August 2024 alone, TAC Security added 240 new clients across 44 countries, further solidifying its rapid expansion in the global cybersecurity landscape. The company’s flagship product, ESOF AppSec, which provides vulnerability scanning solutions for web and mobile applications, continues to drive this impressive growth.
Trishneet Arora, Founder and CEO of TAC Security, commented on the achievement:
“We are thrilled to reach the 1,000-client milestone, a testament to our team’s dedication and the trust our clients have in our solutions. As we expand our global footprint, we remain committed to delivering innovative cybersecurity services that protect our clients’ digital assets.”
Notable new clients include Winzip and CloudHQ from the United States, KONICA MINOLTA, INC. from Japan, and Meltwater News US Inc., among others. These partnerships highlight TAC Security’s ability to meet the diverse needs of global businesses across sectors.
ESOF AppSec: A Game-Changer in Vulnerability Management
The ESOF AppSec solution has been instrumental in TAC Security’s success, offering clients a subscription-based vulnerability scanning service that ensures compliance with stringent cybersecurity standards. Clients, ranging from small developers to large enterprises, pay 100% upfront for this SaaS-based solution, enabling TAC Security to scale rapidly while maintaining a high margin.
TAC Security’s ability to provide scalable solutions with reduced delivery costs has allowed the company to efficiently manage a growing client base while delivering timely risk mitigation support. This streamlined approach positions TAC Security for continued success as it targets 3,000 customers by March 2025 and 10,000 by March 2026.
Impressive Financial Growth
TAC Security’s impressive client growth has translated into financial success, with the company reporting a 93.81% increase in revenue and a 94.45% rise in profit compared to the previous quarter. This surge in profitability reflects the company’s expanding customer base and global market presence.
Looking Ahead
TAC Security plans to build on its current momentum by upselling additional products and services to its growing client base, ensuring comprehensive cybersecurity solutions that exceed industry standards. The company remains steadfast in its goal of becoming the world’s largest vulnerability management company by March 2026, driven by relentless innovation and best-in-class solutions.
