TAC Security, a prominent global cybersecurity firm specializing in vulnerability management, is set to establish its inaugural office in the Middle East in Dubai, serving as a launchpad for its regional expansion. "Dubai is increasingly becoming the hub of the new world. The government's focus on technology and innovation is a cornerstone for future growth, and cybersecurity is at the heart of technology. We aim to lead in this industry, and the UAE is the ideal location," stated Trishneet Arora, founder and CEO of TAC Security.
TAC Security, a publicly traded cybersecurity company, gained significant attention with its oversubscribed IPO, valued at $1 billion. It safeguards Fortune 500 companies, major enterprises, and governments worldwide. The company manages 5 million vulnerabilities via its AI-based vulnerability management platform, ESOF (enterprise security in one framework). It holds certifications such as CREST, PCI ASV & ISO 27001, and collaborates with tech leaders like Google, Microsoft, and Meta for CASA (Cloud Application Security Assessment). Recently, TAC expanded its presence to 55 countries, serving 590 new clients in Q1FY23, up from 32 in Q4FY24.
TAC specializes in risk-based vulnerability management. "Today, the risk to organizations is immense, yet there's no quantification of it. We aim to assist in understanding organizations and their management. What is the cyber risk from scale zero to 10, enabling them to take appropriate actions through AI? That's our motivation—to help organizations grasp cyber risk in a language they understand: technology," Arora explained.
Quantifying risk is vital for organizations to assess the impact of cyberattacks on their business, Arora emphasized, especially given recent global outages that crippled numerous companies and organizations worldwide. "There are risks because technology will be adopted by companies and sources unaware of its implications. If you take inappropriate actions, cybersecurity plays a role. We advise on what actions to take and what to avoid. That's why, currently, the major threat in the cyber world is organizations failing to understand and quantify risk correctly. That's what we're striving to address."
TAC is a relatively new entrant in the cybersecurity field, but Arora views competition as less of a challenge. "We will concentrate on our innovation and technology and the value we can add to customers, rather than competition. We will acknowledge competition but focus on customer success and service. It's not just our formula; it's an industry standard. If we focus on the customer, they will reciprocate," Arora noted.
TAC plans to leverage its UAE operations as a base for regional expansion. "The UAE will likely become a focal point for the entire Middle East. We are also planning expansions into Saudi Arabia and Africa," Arora concluded.