Strategic Expansion into Canada Marks a New Chapter for TAC Security
TAC Security, Inc., a U.S.-based subsidiary of TAC InfoSec Limited (NSE:TAC), has taken a significant step in its global expansion strategy by incorporating a wholly-owned subsidiary in Canada. This development underscores the company's commitment to strengthening its presence in North America and is part of a broader plan to achieve long-term growth and market leadership.
The decision to establish a Canadian subsidiary was influenced by several strategic factors that align with TAC Security’s vision:
- Cost-Effective Resources: Canada offers a competitive labor market, allowing the company to access skilled talent at a lower cost compared to the United States. This enables TAC to enhance its operational capacity while maintaining cost efficiency.
- Government Support: The Canadian government provides generous wage subsidy programs that can cover up to 50-80% of employee wages. These incentives help reduce operational costs and support workforce expansion in the region.
- Access to the North American Market: By establishing a presence in Canada, TAC Security is better positioned to serve its clients across North America and expand its market share in this growing region.
Growing Cybersecurity Market in Canada
The Canadian cybersecurity market is projected to grow significantly, reaching USD 27.42 billion by 2030 from USD 14.05 billion in 2024. This represents a compound annual growth rate (CAGR) of 11.8%, driven by increasing cyber threats, stringent regulatory requirements, and the adoption of cloud technologies. North America as a whole is expected to see a market value of USD 162.22 billion by 2030, with Canada emerging as the fastest-growing market in the region.
This rapid growth presents substantial opportunities for companies like TAC Security, which is positioning itself to capitalize on the expanding demand for cybersecurity solutions.
Leadership and Shareholder Confidence
TAC InfoSec Limited is led by Trishneet Arora, the visionary Founder and CEO, who holds a majority stake of approximately 54%. His leadership has been instrumental in driving the company’s success and shaping its global strategy. Additionally, renowned investor Vijay Kedia, who holds the second-largest shareholder stake of around 14.6%, further reinforces confidence in the company’s future.
The expansion into Canada is expected to create new opportunities, enhance shareholder value, and drive sustainable growth in the global cybersecurity market.
Strong Financial Performance and Milestones
TAC Security has demonstrated impressive financial performance, with a 160% revenue growth and a 135% surge in profit for FY24-25. In Q1FY26, the company achieved a major milestone by serving over 1,000 global customers and registering 100% year-over-year growth.
This success builds on a series of achievements throughout the past year, including:
- Surpassing 3,000 clients in FY24-25 and expanding its presence across 100 countries.
- Securing a prestigious Government of India service order worth INR 2.29 Crore.
- Recognizing Trishneet Arora among India's Top 50 CEOs by the Great Manager Institute.
- Voluntarily forgoing his FY 2025-26 remuneration of INR 1.5 crore to directly benefit the company.
- Granting equity stock options (ESOPs) to eligible employees to foster long-term ownership and retention.
- Securing an INR 67 lakh service order from one of India's top stock broking firms.
- Being recognized among India's Top 50 Great People Managers and named among the Global Top 25 Cybersecurity Executives of 2025 by The Software Report.
Future Goals and Recognition
TAC Security remains focused on becoming the world's largest Vulnerability Management company by March 2026, targeting 10,000 customers globally. The company continues to set new benchmarks in scale, trust, and technology.
On July 10, 2025, TAC Security received the CREST Penetration Testing License for the third consecutive year, further solidifying its reputation as a trusted and reliable cybersecurity provider.
With each quarter, TAC Security continues to demonstrate its commitment to innovation, excellence, and customer satisfaction, positioning itself as a key player in the global cybersecurity landscape.