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Home Technology Governance, Standards and Regulations

TAC Security enhances IoT security after securing ioXt Lab status

FutureIoT Editors by FutureIoT Editors
December 18, 2024
TAC Security

TAC Security

As the demand for secure IoT solutions rises, TAC Security wants to address the urgent need for robust IoT security measures. The IoT market is projected to grow significantly, with an estimated 25.4 billion devices expected by 2030 and a market value reaching $59 billion. This growth underscores the necessity for stringent security assessments to protect various sectors, including smart cities and healthcare.

TAC Security offers over eight certifications in vulnerability assessment, making it a comprehensive provider in managing IT, OT, and IoT risks. Saransh Rawat, TAC’s chief technology officer, emphasised the importance of IoT security, stating, “IoT devices are a cornerstone of our digital future, yet they remain highly vulnerable to cyber threats.”

Recently, TAC InfoSec has become an ioXt Authorized Lab allowing it to perform IoT Security Assessments as part of the ioXt Certification Program, making it only the eight company in the world with this capability. Its status as an ioXt Authorized Lab marks a significant step in enhancing its IoT security capabilities while aiming for substantial growth in a rapidly evolving market.

Trishneet Arora, founder and CEO of TAC Security, remarked on the significance of achieving ioXt Authorized Lab status, noting the advanced techniques involved in the process, such as firmware analysis and chip-level security testing. He stated that this accomplishment reflects TAC's commitment to global security standards and innovation in the connected ecosystem.

Rawat highlighted that the ioXt certification empowers the company to ensure that manufacturers comply with global security standards.

TAC Security has also recently added 331 new clients across 42 countries, a step towards its goal of onboarding 3,000 clients by March 2025. The company's extensive certification portfolio includes ISO 17025, Google CASA Assessor, and CREST Certified Penetration Testing Company, further establishing its credibility in the industry.

The company plans to integrate these assessments into its ESOF Vulnerability Management Portfolio, with services set to launch in February 2025. This expansion aims to strengthen TAC's position in the cybersecurity market, as it aspires to reach 10,000 global customers by March 2026.

Related:  Yokogawa and Claroty team up to protect process operations
Tags: IoT securityioXt Authorized LabTAC Security
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Asia’s ONLY dedicated IoT publication

The race to harness the power of Internet of Things (IoT) is here. FutureIoT is dedicated to individuals, as well as public and private organizations looking to tap the potential of IoT to transform the way we live, work and do business. FutureIoT is the dedicated media that provides the single source of truth about IoT, the technology, its application and regulation, originating from Asia. << Read more >>

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