India and USA-based TAC Security have announced a new platform ESOF (Enterprise Security on One Framework) for organizations to manage their entire IT security and risk assessment needs in one single platform.
William May, Former Vice-President, IBM, and Subinder Khurana, Former Vice-President, Congnizant, have helped TAC team to build the platform for the past two years. ESOF SaaS model will provide organizations of all sizes and markets the flexibility, scalability, and cost- effectiveness to secure the applications that power their business. ESOF uses complex and flexible Artificial Intelligence Algorithms to calculate the score based on the type, severity and total number of vulnerabilities found. ESOF ability to track vulnerability data across hosts and time lets security professionals use reports interactively to better understand the security of business.
The platform empowers a CISO, or security professional to quickly address changing assessment requirements, adapt to agile development cycles, and respond to evolving threats. With its easy-to-navigate portal, security professionals of an organization can readily Schedule and reschedule assessment, Manage test depth, View or download assessment results and share them among team members and across departments. Tracking of vulnerabilities has been patched in the IT pyramid.
Trishneet Arora, Founder & Chief Executive Officer, TAC Security, said, “The amount of time CISO spends on reviewing and analyzing complex security reports will be reduced to 30% and take monitor actions anytime through ESOF and also help them to build the confidence of the IT Security through ESOF score card.”
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.
According to the latest reports the cybersecurity 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. TAC Security is keeping its eyes on having a large number of customers and building brand in the market and expanding footprints geographically.
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