Vijay Kedia-Backed Multibagger Stock in Focus as Company Receives CREST Accreditation as Penetration Test Provider for Second Year in a Row

The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 261.10 per share.

TAC InfoSec Limited, a global leader in cybersecurity solutions and listed as TAC InfoSec Limited (NSE Emerge: INE0SOY01013), announced that it has once again achieved CREST accreditation for its penetration testing services, marking the second consecutive year of this esteemed recognition. This accolade highlights TAC Security’s steadfast dedication to upholding the highest standards in cybersecurity.

The CREST (Council of Registered Ethical Security Testers) accreditation is a globally esteemed certification that signifies excellence in the realm of penetration testing services. Unlike other certifications, CREST does not mandate a specific penetration testing methodology. Instead, it emphasizes the entire business process, including meticulous scoping and rigorous quality assurance controls for reporting. This comprehensive approach ensures that accredited organizations consistently adhere to industry best practices.

The global penetration testing market is witnessing significant growth, driven by an increasing number of cyber threats and the widespread adoption of cybersecurity measures across various industries. Market research indicates that the penetration testing market size, valued at approximately USD 1.8 billion in 2022, is projected to reach USD 4.5 billion by 2028, growing at a compound annual growth rate (CAGR) of 16.2 per cent. This growth is propelled by the escalating need for robust security solutions to safeguard sensitive data and ensure compliance with regulatory standards.

About the Company

TAC InfoSec Limited (branded as TAC Security) is a global leader in Vulnerability Management. It protects Fortune 500 companies, leading enterprises, and governments worldwide. TAC Security manages 5 million vulnerabilities through its Artificial Intelligence (AI)-based Vulnerability Management Platform, ESOF (Enterprise Security in One Framework). The company has a market cap of over Rs 600 and an ace investor, Vijay Kedia owns a 15 per cent stake in the company as of March 2024.

On Tuesday, shares of TAC InfoSec Limited gained 2.98 per cent to Rs 584.95 per share with an intraday high of Rs 596.45 and an intraday low of Rs 261.10 from its previous closing of Rs 568.05. The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 261.10 per share. Investors should keep an eye on this micro-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice. 

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