TAC Security launches AI-based cyber risk management platform, ESOF

TAC Security, India and USA-based cyber security solutions provider declared a new platform, ESOF (Enterprise Security on One Framework), by it full IT security and risk assessment needs can be managed, in one single platform by organisations.

TAC with the help of former Vice President(VP) IBM,William May and , Former VP- Cognizant (Khurana) in two years, built the platform . ESOF (Enterprise Security on One Framework) will provide organizations of all sizes and markets the flexibility, scalability, and cost effectiveness to secure the applications that power their business,by SaaS model.It uses Artificial Intelligence (AI), a flexible Algorithms to calculate the score based on the type, severity and total number of vulnerabilities found. System empowers a security professional (CISO) to quickly address changing assessment requirements, adapt to agile development cycles, and respond to evolving threats.

Organization can readily; Schedule and reschedule assessment, Managing test depth, View or download assessment results and share them among team members and across departments, Tracking of what vulnerabilities has been patched in the IT Pyramid, as it is easy-to-navigate portal.The amount of time CISO spends on reviewing and analysing complex security reports will be reduced to 30 percent, builds confidence in IT security and take monitor actions anytime through ESOF.

TAC Security has already sold the platform to existing customers and few new clients from the US have started using it. ESOF's major targets are banks, large enterprises, healthcaree and government departments and defence.

The cyber security market in India is expected to grow at a CAGR of 19 percent during 2018-2023 and digitising government sector entities and processes, healthcare, BFSI, education and other vital sectors of the country, as per reports.

TAC Security is keeping its eyes on having large number of customers and building brand in the market and expanding footprints geographically.

Chief Minister(CM) of Gujrat has hired TAC Security to provide cyber security solutions. NCPI (National Payments Corporation of India) has also hired it to perform security assessment on 50+ UPI (Unified Payment Interface) based applications.

Ref. : https://www.business-standard.com/article/news-ani/tac-security-launches-ai-based-cyber-risk-management-platform-esof-118062900103_1.html --- Dated: Jun'29,2018