BSE signs TAC Security as its cyber security partner

Risk and vulnerability management company, TAC Security has announced that its the official cyber security partner for the 143+ years old stock exchange – Bombay Stock Exchange. BSE is Asia’s first and fastest-growing stock exchange.

The cyber giant and the oldest stock exchange joined hands to ensure that the BSE is empowered with the highest possible level of cybersecurity. The alliance is a significant stride in the longstanding relationship between the two institutions. The BSE will get a holistic view of their risk-vulnerability management on a single platform using TAC Security’s ESOF (Enterprise Security in One Framework).

“It is an honor and privilege to be protecting Asia’s biggest and essential stock market body,” said Trishneet Arora, Founder, and CEO. “We aim to ensure the highest-level cybersecurity for an organization that defines the stock market of the country. It is truly a step towards providing organizations across the globe with the next – generation of Vulnerability Management.”

The alliance is set to be the first of many projects undertaken by the cybersecurity giant to bring about a rapid change in the cybersecurity process under the guidance of the Bombay Stock Exchange. BSE has facilitated the growth of the Indian corporate sector by providing it with an efficient capital-raising platform and is considered an essential factor for the financial industry in the country.

“I have seen TAC Security’s remarkable strides in the industry and the value they add to our cybersecurity process. We consistently aim to make remarkable changes that facilitate BSE to become cyber compliant and resilient. Having TAC Security as a partner is an added advantage." Said Shivkumar Pandey, Chief Information Security Officer, BSE LTD. (Formerly Known as Bombay Stock Exchange).

ESOF plays an essential role in allowing teams to discover, prioritize and remediate before situation demands, rather than mass efforts like other tools. TAC Security’s ESOF Score helps the organization measure the risk of the assets with the help of artificial intelligence. It also allows you to reduce cyber risk on a real-time basis while helping you measure the security posture with the historical trend. ESOF combines traditional Vulnerability Assessment data with real time risk data from the widest array of sources to give security teams one place they can view and understand their risk posture. With a single risk score for the enterprise and drill-down visibility into risk by the business unit, security leaders can use ESOF efficiently communicate, prioritize, and take action to improve their security posture.