- TAC Security has set an ambitious goal of targeting approximately 1 Million users by adding the PCI ASV tool with its ESOF solution
- The third company to be part of PCI ASV Program from Indian Origin
- With this innovative offering, TAC Security aims to become the largest vulnerability management (VM) player.
TAC Security, a global leader in risk-based vulnerability management and cyber risk quantification, is offering secure payment information and guaranteeing proper adoption and application through PCI ASV (Payment Card Industry Approved Scanning Vendor). This product comes with the existing ESOF solution. It will be free for all TAC Security customers. With this innovative offering, TAC Security aims to become the largest vulnerability management (VM) player.
Driven by the increasing number of online transactions and the critical need to safeguard payment card data, the global market for PCI ASV services has witnessed remarkable growth over the past decade. This underscores the immense demand for robust cybersecurity solutions that ensure compliance with the Payment Card Industry Data Security Standard (PCI DSS).
The global payment security market size was valued at $17.64 billion in 2020, and is projected to reach $60.56 billion by 2030, growing at a CAGR of 13.2% from 2021 to 2030. The payment security software is a type of information protection technology that reveals vulnerabilities, threats, and risks in a payment transaction system and prevents malicious attacks from intruders.
TAC Security has set an ambitious goal of targeting approximately 1 million users by adding the PCI ASV tool with its ESOF solution. It starts as a free service, allowing organizations to experience its benefits first hand and a subscription-based model will be introduced later. This approach ensures that the solution remains affordable and customizable.
TAC Security’s ESOF solution sets new industry standards for PCI ASV offerings and provides a comprehensive and advanced tool that combines cutting-edge vulnerability scanning, detailed reporting, and actionable insights. This solution gives organizations unprecedented visibility into their payment card systems, empowering them to proactively identify and address vulnerabilities before malicious actors exploit them.
Trishneet Arora, Founder & CEO of TAC Security, said, “We are thrilled to introduce our game-changing ESOF solution to the market, redefining how organizations approach payment card security. By combining cutting-edge technology, expertise, and our commitment to customer success, TAC Security is paving the way for a new era of vulnerability management. With our comprehensive and proactive cybersecurity solution, we aim to empower businesses to stay ahead of evolving threats. Our vision is to provide not just a service but a product that offers unparalleled value and the potential for upselling and cross-selling opportunities, revolutionizing the PCI ASV market.”
Of the 79 companies globally empanelled with PCI as ASV (Approved Scanning Vendor), TAC Security is one of only two from Indian origin. This industry recognition showcases the company’s expertise and dedication to providing world-class security solutions.
About TAC Security
TAC Security homegrown company headquartered in San Francisco is a global leader in Vulnerability Management that protects Fortune 500 companies, leading enterprises, and governments around the world. TAC Security manages 5+ Million vulnerabilities through its Artificial Intelligence (AI) based Vulnerability Management Platform ESOF (Enterprise Security in One Framework). TAC Security boasts a diverse clientele of over 200 esteemed organizations spanning across 15 countries. Noteworthy clients in their portfolio include prominent entities such as BSE Ltd (Bombay Stock Exchange), NPCI (National Payments Corporation of India), US State Government, DSP Mutual Fund, Bandhan Bank, HDFC Ltd, Reliance Group, TATA Power, Motilal Oswal, Salesflare, Buildxact, and many others.