The 6th Annual General Meeting of TAC Security, India & USA based cyber security solutions provider was held at Taj Hotel, Chandigarh. All eyes were on Mr Trishneet Arora, Founder and CEO of TAC Security while he made a series of announcements for TAC Security's successful fiscal year of 2018-19.
Mr Arora announced the commencement of operations with a direct subsidiary in Africa. "TAC Security has grown 270% in FY 18-19, and will be a global cybersecurity company in 2019," he said. To which company's Director and a veteran Investor, Mr Vijay Kedia said, "I am so proud to be a part of TAC Security's success journey, the only company I invested in the first meeting."
TAC Security is a leading and trusted cybersecurity consulting partner that specializes in securing the IT infrastructure and assets of some of the leading enterprises globally. It protects Rs. 1 Trillion transactions every year. TAC Security is India's first cybersecurity company to be involved in policy making and strategizing of the cybersecurity policies for a sensitive law enforcement agency in the United States of America.
ESOF (Enterprise Security in One Framework) a product by TAC Security is said to be a revolutionary game changer in the cyber security industry and assures safe and time-saving results. ESOF's major targets are banks, large enterprises, healthcare and government departments and defence. TAC Security has already sold the platform to existing customers and few new clients from the United States have started using it.
Keeping in mind the successful year the company has had, Mr Subinder Khurana, Director and an Angel Investor went on to say, "TAC Security has become the most talked about cyber Security Company in the country's start-up ecosystem."
According to the latest reports the cyber security market in India is projected to grow at a CAGR of 19% during 2018-2023 and Growth in the market is expected to be driven by rising number of government initiatives towards digitizing government sector entities and processes, healthcare, BFSI, education and other vital sectors of the country, as per reports. TAC Security is keeping its eyes on having a large number of customers and building brand in the market and expanding footprints geographically.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)