Cybersecurity Protocols
TAC Security plans to go public this year, aims Rs 100 cr turnover by 2026
Global cyber security firm TAC Security on Monday announced its plan to go public this year and raise funds from the capital market to expand its operation with an aim to increase its turnover to Rs 100 crore by 2026. SaaS (Software as a service) firm TAC Security, founded by entrepreneur Trishneet Arora in 2013, is one of the leading players in cybersecurity. TAC Security, a pioneer in risk and vulnerability management worldwide, is eyeing a revenue of Rs 100 crore by 2026, a company statement said. However, the company did not disclose its current turnover. According to the statement, the company is aggressively exploring capital-raising options, including an initial public offering (IPO) in early 2024. Beeline Capital Advisors Private Ltd has been appointed the exclusive book-running lead manager for the proposed IPO. TAC Security CEO Arora said, "We are now embarking on our next growth stage, aiming for a nearly ten-fold increase in revenues by FY26 through organic growth and
 "TAC Security plans to go public this year, aims Rs 100 cr turnover by 2026")
90% firms experienced cyberattacks; 83% opted to pay attackers: Report
The 2023 Chief Information Security Officers (CISO) report found that 86% security officers believe generative AI could bridge skill gap in their security teams
 "90% firms experienced cyberattacks; 83% opted to pay attackers: Report")
Lack of international cooperation helping cybercriminals, says official
India's existing cybersecurity policy of 2013 has been proposed to be revised as per the recommendations of a task force submitted to the government last year
 "Lack of international cooperation helping cybercriminals, says official")
OPPO India, MeitY's CSC Academy to train 10,000 women in cyber security
OPPO India and the government's Common Service Centre (CSC) Academy have announced they will train 10,000 women in cybersecurity and cyber wellness in the country
 "OPPO India, MeitY's CSC Academy to train 10,000 women in cyber security")
Cert-In extends deadline for VPN cybersecurity norms till Sept 25
CERT-In directions, released on April 28, mandate service providers to keep records of every information and communication technology (ICT) transaction for a minimum of 180 days
 "Cert-In extends deadline for VPN cybersecurity norms till Sept 25")
India in final stages of clearing national cybersecurity strategy
India is in the final stages to clear the strategy in the wake of growing cyber attacks and threats
 "India in final stages of clearing national cybersecurity strategy")
Chinese foreign ministry says biggest cybersecurity threat posed by US
Amid strained ties between Washington and Beijing, Chinese Foreign Ministry spokesperson Wang Wenbin on Monday said that the United States is 'the top threat to global cybersecurity.'
 "Chinese foreign ministry says biggest cybersecurity threat posed by US")
Inside a ransomware attack: how dark webs of cybercriminals collaborate
The criminal industry's business model has shifted towards providing ransomware as a service. This means operators provide the malicious software, manage the extortion and payment systems and manage t
 "Inside a ransomware attack: how dark webs of cybercriminals collaborate")
When danger lurks behind every file
Thousands of people receive messages of ransom from cybercriminals every day
 "When danger lurks behind every file")
87% CISOs say CEOs breach protocol: Study
On the brighter side, more Indian companies are encrypting their cloud data than the global average
