Funding

TAC Security Closes Pre-Series A Funding

August 26, 2016March 27, 2018 Geekopedia 0 Comment Assessment, Cyber Attack, Cyber Security, Ethical Hacker, Funding, Hacking, TAC Security, Testing, Vulnerability

TAC Security Solutions, a leading provider of cyber-security solutions to corporate clients, closes pre-Series A funding from renowned business leader – Mr. Vijay Kedia. The veteran investor in the Indian Stock Market will also join this company’s Board of Directors soon. Keeping its funding cycle on track, TAC Security plans to close its Series – A funding of $10 million within this Financial Year.

TAC Security is a friendly hacker that helps corporate giants, identify weaknesses within their systems before fraudulent hackers can highjack them. It provides network, application & web security to corporate giants, Government, and Law enforcement agencies. The company’s latest service – TAC-CERT (Cyber Emergency Response Team) was launched this January by Industry and Commerce Minister of Punjab.

Commenting on this funding announcement, Trishneet Arora, Founder, TAC Security Solutions said, “We are very excited in bringing such amazing and premier investor on board who has shown a lot of interest and confidence in our business. Mr.Kedia has built various big brands and his advice and mentoring will help us grow the company to the next level.”

Adding his bit, Vijay Kedia – M.D. at Kedia Securities Pvt. Ltd. commented, “As we all know, cyber-crime is a bigger threat to business than terrorism. It is estimated that every minute, half a million attack attempts are happening in cyber space. World is facing an arms race in terms of security. I believe the opportunities available in this space would possibly beat the estimations of $170 billion by 2020 and grow further.”

TAC Security Solutions was founded in 2013 by Trishneet Arora, a renowned cyber-security expert and ethical hacker. He has been recognized and felicitated with a State award by the Chief Minister of Punjab.

The ambitious venture already works for prominent clients like – Reliance Industries Limited, Gujarat Police, Punjab Police, International Tractors Limited (Sonalika), AMUL, Avon Cycles, RALSON, and Central Bureau of Investigation (CBI) among others. Vijay will join the board as a Non-Executive Independent Director in the company and will guide TAC to expand the business globally.

Prior to this, TAC Security had inducted Mr. Subinder Khurana, former Vice President Cognizant on its board.

About TAC Security Solutions

TAC Security is a friendly hacker that helps corporate giants recognize its weaknesses before the fraudulent hackers can use them adversely. TAC focuses on providing specialized services called Vulnerability Assessment and Penetration Testing. The former helps to discover the security loopholes present in organization’s systems but does not exploit the vulnerabilities. The latter is employed to demonstrate how damaging security vulnerabilities could be in a real cyber-attack. They provide a comprehensive picture of the security deficiencies that exist within the IT infrastructure and applications, and the potential impact. TAC informs the corporations about their glitches before any damageable cyber attack.