TAC Security: Pioneering Cybersecurity in India and Beyond

TAC Security, India’s first publicly listed cybersecurity firm, is a force reshaping the landscape of cyber defense. Founded by Trishneet Arora, TAC Security has seen remarkable growth in its mission to make the digital world safer. The company leverages AI to provide businesses with cutting-edge solutions in vulnerability management, cyber risk quantification and penetration testing.

With impressive recent financials, including a 94% profit increase in Q1 FY25, and numerous accolades like "Great People Manager" and "Best Deep Tech Startup," TAC Security is set to transform how companies understand and manage cybersecurity.

In this StartupTalky article, we will explore TAC Security's success story, founders, funding, growth, achievements, and ambitious plans for the future.

TAC Security - Company Highlights

TAC Security - About
TAC Security - Industry
TAC Security - Founders and Team
TAC Security - Startup Story
TAC Security - Mission and Vision
TAC Security - Name, Tagline and Logo
TAC Security - Business Model
TAC Security - Revenue Model
TAC Security - Employees
TAC Security - Challenges Faced
TAC Security - Funding and Investors
TAC Security - Mergers and Acquisitions
TAC Security - Growth
TAC Security - Awards and Achievements
TAC Security - Competitors
TAC Security - Future Plans

TAC Security - About

TAC Security, a top name in global cybersecurity, recently made waves with its $1 billion IPO, attracting significant investor interest. Known for its expertise in vulnerability management, TAC Security stands out with its flagship platform, ESOF (Enterprise Security in One Framework), which offers powerful tools for cyber scoring, risk assessment, and sophisticated AI-driven vulnerability analysis and penetration testing.

Certified to the highest standards—like CREST, PCI ASV, and ISO 27001—TAC Security collaborates with tech leaders, including Google, Microsoft, and Meta, for its Cloud Application Security Assessment (CASA), ensuring robust security for cloud environments.

From Fortune 500 companies to innovative startups and government agencies, TAC Security provides cutting-edge cybersecurity solutions worldwide. In India, notable clients include Reliance Industries, Punjab Police, and the Central Bureau of Investigation, reinforcing TAC Security’s position as a trusted partner in protecting against data breaches and network vulnerabilities.

TAC Security - Industry

The India Cybersecurity Market is expected to be worth $4.7 billion in 2024 and could grow to $10.9 billion by 2029. This means it is likely to grow by about 18.33% each year from 2024 to 2029.

The cybersecurity landscape in India is rapidly evolving, driven by strong market growth, technological advancements, and heightened global recognition. Since 2019, India’s cybersecurity market has expanded at an impressive 25% CAGR, with projections to reach a staggering $35 billion by 2025. This growth reflects increasing investments in cybersecurity solutions, which have seen a 38% annual increase and rising demand from sectors like smart cities, industrial automation, and healthcare. In particular, the Internet of Things (IoT) security market alone is on track to hit $3.5 billion by 2025, according to the India Electronics and Semiconductor Association (IESA).

As companies prioritize advanced technologies such as artificial intelligence (AI), machine learning (ML), and blockchain, cybersecurity solutions incorporating these technologies are critical in bolstering threat detection and response capabilities. According to NASSCOM, this trend is expected to maintain a 15.6% CAGR, underscoring the importance of AI and ML in fortifying security frameworks.

The industry’s growth is paralleled by an active job market, with cybersecurity job postings in India rising by 14%. However, a significant talent shortage poses a challenge. Indian cybersecurity startups continue to make strides, positioning themselves as key players in the global arena.

In recognition of its progress, India has achieved Tier 1 status in the International Telecommunication Union’s 2024 Global Cybersecurity Index (GCI), a testament to the nation’s commitment to cybersecurity excellence and innovation.

TAC Security - Founders and Team

Trishneet Arora is the founder, chairman, and CEO of TAC Security.

Trishneet Arora has had an inspiring journey that began in Ludhiana, Punjab, where he was born on November 2, 1993. From an early age, he had a fascination with technology that eventually led him to the world of cybersecurity. His entrepreneurial path started in 2013, at the age of 19, when he launched TAC Security from Chandigarh. Despite challenges in school—like flunking 8th grade—Arora’s drive for self-learning led him to pursue education through unconventional routes.

“After my parents let me drop out, my learning actually grew threefold!” he recalls.

He began taking on small projects, from fixing computers to cleaning up software, and eventually received his first substantial payment of INR 60,000, which he invested directly into his budding company.

Arora’s curiosity about technology started young. He vividly remembers dismantling his father’s computer at just eight years old, only to have it repaired by a mechanic, a process he eagerly observed and later tried replicating. This early exposure ignited his passion for understanding hardware and software, ultimately leading him to experiment with hacking. By 2007, he made his first attempt at hacking—his father’s computer—an experience that prompted him to explore ethical hacking as a career. In 2013, Arora also made his mark as an author, publishing his first book, The Hacking Era. Arora’s achievements have since earned him accolades, including spots on the Forbes 30 Under 30 Asia list in 2018 and the Fortune India 40 Under 40 list in 2019. Today, he stands as a prominent figure in the cybersecurity industry, continuing to inspire a new generation of tech entrepreneurs and ethical hackers.

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TAC Security - Startup Story

The story of TAC Security begins with Trishneet Arora, a self-made visionary who transformed his passion for cybersecurity into a global enterprise. Despite leaving school after the 8th grade, Arora’s determination and self-taught expertise in cybersecurity earned him accolades like the Punjab State Award and the Punjab Icon Award from the Chief Minister of Punjab.

Initially driven by a passion for cybersecurity, Arora saw an opportunity to turn his skills into a business after receiving early support and recognition. With a modest start, TAC Security quickly became a serious venture. The young team set a goal to make a global impact in cybersecurity, knowing it might take decades but confident that the journey would yield meaningful change.

TAC Security’s mission, “Securing cyberspace, securing the future,” reflects their commitment to combating cybercrime. Building a strong support system, Arora brought experienced cybersecurity professionals on board, including industry veterans from New York and Singapore, and received early funding from renowned investor Vijay Kedia. This support allowed TAC Security to scale quickly, expanding from Ludhiana to Chandigarh, then to Mumbai, and eventually to the United States.

An unexpected turning point came at a business conference in Gujarat, where a chance meeting led to a training session for officers from the Crime Branch and IPS. This encounter sparked long-standing collaborations with law enforcement, beginning with the Gujarat and Punjab police departments, and led to Arora’s role as IT advisor for the Punjab Police Academy.

Founded when Arora was only 19, TAC Security’s growth has been remarkable, with operations spanning globally and partnerships with governments and major corporations. 

TAC Security - Mission and Vision

Mission: TAC Security is dedicated to advancing cybersecurity by managing and mitigating cyber risks for organizations worldwide. With a strong commitment to innovation, the company seeks to empower businesses—from Fortune 500 companies to startups and government agencies—through solutions that strengthen their cyber defenses.

Vision: TAC Security envisions a world where organizations fully understand the impact of cyber risks on their business. By translating complex cyber threats into clear, quantifiable terms, TAC Security helps clients make informed, strategic decisions about their cybersecurity needs. Through cutting-edge technology, TAC Security aims to make cybersecurity accessible and actionable for all.

TAC Security - Name, Tagline and Logo

The TAC Security logo reflects the company’s core mission of robust protection and innovation in cybersecurity. Elements such as shields or interconnected shapes represent both protection and the interwoven nature of cybersecurity solutions.

The colors used are often cool, professional shades like blue or gray, conveying trust, reliability, and a sense of calm—qualities essential to a company entrusted with safeguarding sensitive digital assets. Overall, the logo aims to evoke strength, resilience, and TAC Security's commitment to proactive defense.

TAC Security - Business Model

TAC Security operates on a Software as a Service (SaaS) business model, with a revenue stream anchored in critical cybersecurity services, including vulnerability management, cyber risk quantification, and penetration testing. Its flagship product, ESOF (Enterprise Security in One Framework), leverages advanced AI to deliver robust vulnerability assessments tailored to each client’s unique security needs.

TAC Security's key service offerings are as below:

• Penetration Testing: TAC Security conducts thorough penetration tests, helping clients identify and mitigate vulnerabilities before they can be exploited.
• Incident Response: In the event of a cyberattack, TAC Security’s incident response services are on standby to contain and resolve incidents quickly, minimizing damage and downtime.
• Security Consulting: The company also provides strategic security consulting, guiding organizations in building stronger, more resilient security infrastructures.

TAC Security - Revenue Model

As mentioned earlier, TAC Security operates on a Software as a Service (SaaS) model, generating revenue by offering cybersecurity solutions to an impressive clientele that includes Fortune 500 companies, major oil and gas firms, and other large enterprises. 

A substantial portion of TAC Security’s revenue, around 70–75%, is sourced from the U.S. market, with the remaining 25% coming from its base in India.

Additionally, TAC Security has broadened its reach through four subsidiaries, including one in the UAE, strategically positioned to support its regional and global operations.

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TAC Security - Employees

TAC Security has been recognized as a "Great Place to Work" and, for the third consecutive year, as a "Great People Manager Company" by the Great Manager Institute (GMI), in partnership with Forbes and The Economic Times. These accolades reflect TAC Security’s commitment to fostering a positive workplace culture and developing exceptional leadership within its team.

TAC Security - Challenges Faced

The recent National Cybersecurity Survey, launched in New Delhi by Lt. General Rajesh Pant, National Cybersecurity Coordinator, dives deeply into the current state of vulnerability management and risk communication across organizations in India. The survey highlights the methodologies used to identify, analyze, and manage vulnerabilities, revealing a cybersecurity landscape where many leaders understand the need for enhanced measures but struggle to upgrade due to various constraints.

One of the key findings shows that 56% of organizations endure complex, time-consuming processes to maintain current security standards, often without meaningful insights for management. Many Chief Information Security Officers (CISOs) are aware of gaps in their processes but lack the necessary resources or tools to address them effectively. The survey sheds light on the specific challenges faced by security leaders and the pressing need for more integrated capabilities to strengthen organizational cybersecurity infrastructure.

Trishneet Arora, TAC Security’s Founder and CEO, remarked, “The survey allowed us to dive deep into the pain points of security leaders, helping us bridge gaps in the industry. As cyber threats evolve globally, it’s critical to assess each organization’s unique needs to uphold the highest standards of cybersecurity.”

According to Lt. General Singha, Director of Global and Government Affairs, 88% of organizations rely on manual reporting for their security status—a cumbersome process that risks leaving vulnerabilities unaddressed. “This can be combated with cutting-edge cybersecurity products like our ESOF, which streamline and automate vulnerability assessment,” he noted.

In his foreword, Lt. General Rajesh Pant commended the progress made, noting that India, ranked 10th in the Global Cybersecurity Index (GCI) in 2020, continues to advance. He emphasized that CISOs are increasingly proactive, focusing on identifying gaps, enhancing cyber hygiene, and ensuring smoother risk and vulnerability management processes.

TAC Security - Funding and Investors

TAC Security has secured funding from two notable investors: Subinder Khurana and Vijay Kedia.

TAC Security - Mergers and Acquisitions

TAC Security's strategic acquisitions have bolstered its cybersecurity portfolio, expanding its capabilities and market reach to support global enterprises in managing and mitigating cyber risks.

TAC Security - Growth

🚀 Exciting Update: TAC InfoSec Limited - Q1 FY25 Performance Review! 🚀

TAC Security Reports Robust Q1 FY25 Performance with 93.81% Revenue Growth and 94.45% Profit Increase

Expands its footprint to 55 countries – catering to 590 clients added in Q1 FY25. pic.twitter.com/foysFQuVTG

— TAC Security (@tac_security) August 14, 2024

TAC Security, recognized as India’s first publicly listed cybersecurity firm, has experienced remarkable growth in the first quarter of the financial year 2025 (Q1 FY25). Here are some key highlights from their performance:

• Revenue surged by an impressive 93.81%, rising from INR 26.5 million to INR 51.4 million.
• Profit after tax (PAT) saw a significant boost of 94.45%, climbing from INR 12.5 million to INR 23.22 million.
• The client base expanded dramatically to 590, a substantial increase from just 22 clients in the previous quarter.
• TAC Security has successfully extended its operations into 55 countries, up from 22 in the prior quarter.
• The company has welcomed several notable new clients, including Salesforce, AutoDesk, Nissan Motors, and Xerox.

In addition, TAC Security's net profit has risen by 23%, totaling INR 6.33 crore for 2023-24, compared to INR 5.12 crore in 2022-23. Operating revenue has also seen a 17% increase, moving from INR 10.09 crore to INR 11.84 crore during the same period.

This impressive performance has not gone unnoticed; Trishneet Arora, the founder and CEO, has been ranked as the sixth youngest and 1,463rd richest individual on the Hurun India Rich List 2024, with a net worth of INR 1,100 crore. His recognition reflects the growing importance of India's technology and cybersecurity sectors on the global stage.

TAC Security - Awards and Achievements

TAC Security has been awarded with various awards:

• Best Deep Tech Startup of the Year (2018) - Awarded by Entrepreneur India.
• Cyber Security Startup of the Year - Recognized by InfoSec Bridge Products (USA).
• Company of the Year - Received from the Golden Bridge Awards (USA).
• Techtors of 2020 - Awarded by Business World Magazine for the flagship product ESOF (Enterprise Security in One Framework).
• MSME India Business Awards (2022)
• Honored as Enterprise of the Year - Cyber Security
• ISO/IEC 17025:2017 Certification
• TAC Security became the first cybersecurity company to achieve this important certification, reflecting its commitment to quality and technical competence.
• Securing Top Exchanges - In 2023, TAC Security became the first cybersecurity company to secure three out of the top five exchanges in India, reinforcing its reputation in the sector.

TAC Security - Competitors

TAC Security operates in a competitive landscape with several prominent players in the cybersecurity sector. Here’s a list of its top competitors:

• CrowdStrike
• ManageEngine
• Phoenix Security 
• Qualys
• Rapid7
• ServiceNow
• Tenable
• Continuity

TAC Security - Future Plans

Initial Public Offering (IPO)

• TAC Security is exploring options for raising capital, with plans for an IPO in early 2024. This move is likely aimed at fueling further expansion and innovation within the cybersecurity sector.

New Product Launches

• ESOF VACA: This new platform focuses on vulnerability and risk management, enhancing TAC Security’s offerings to help organizations identify and address vulnerabilities effectively.
• ESOF VMP: This platform is designed to assist customers in quantifying and mitigating cyber risks, providing them with the tools needed to manage their cybersecurity posture proactively.

Strategic Partnerships

TAC Security has formed strategic alliances with several industry leaders, which enhances its market presence and service capabilities:

• Tech Mahindra: A partnership that may focus on leveraging telecommunications and IT expertise.
• Deloitte: Collaborating with this global consulting firm can provide TAC Security with access to additional resources and insights in cybersecurity and risk management.
• Ingram Micro: This partnership may help in distributing TAC Security's products more widely across markets.
• IBM: Collaborating with one of the largest tech companies allows TAC Security to integrate advanced technologies and broaden its cybersecurity solutions.

By focusing on building a strong local presence and strategic partnerships in the UAE, TAC Security is well-positioned to capitalize on the growing demand for cybersecurity solutions in the Middle East. Their plans reflect a proactive approach to market entry and growth, aligning with regional trends and increasing cybersecurity needs.

FAQs

What is TAC Security?

TAC Security is a worldwide cybersecurity company that focuses on finding and managing security weaknesses and provides security products for businesses.

Who is the founder of TAC Security?

TAC Security was founded by Trishneet Arora. He is the Chairman and CEO of the company too.

Who are the main competitors of TAC Security?

The main competitors of TAC Security include CrowdStrike, ManageEngine, Phoenix Security, Qualys, Rapid7, ServiceNow, Tenable, Continuity, and more.