TAC Security Launches Socify: A New Approach to SOC 2 compliance
TAC Security, a leading global cybersecurity firm serving over 6,000 clients in 100 countries, has announced the launch of Socify, a comprehensive compliance automation platform designed to simplify and streamline the SOC 2 audit process for businesses of all sizes. The company, ranked as the 5th largest vulnerability management company globally and the first publicly listed cybersecurity firm on the NSE, aims to onboard 10,000 companies onto socify within the next year.
According to Founder & CEO Trishneet Arora, Socify represents a essential shift in how organizations approach trust, security, and compliance. “We are transforming compliance into a seamless, accessible, and affordable process,” she stated.
Socify offers a complete lifecycle solution,encompassing the creation of SOC 2-aligned policies and procedures,both automated and manual control monitoring,real-time compliance dashboards,and centralized evidence collection. The platform also features an “Audit Vault” for efficient auditor interaction and an AI Assistant providing instant remediation guidance.
TAC Security reports that Socify demonstrably improves efficiency, reducing audit preparation time by up to 40%, increasing reporting accuracy by over 40%, and shortening review cycles by 30-40%.These improvements translate into notable cost savings for organizations.
The launch targets a substantial market prospect. The global compliance automation market is currently valued at USD 4.2 billion (2024 estimate), with SOC 2 solutions representing a rapidly growing segment. Approximately 30% of this market comprises organizations seeking SOC 2 readiness, ranging from startups preparing for their first audit to large enterprises managing multiple compliance frameworks.CTO Saransh Rawat emphasized the platformS innovative design. “Socify was engineered with a security-first architecture and an audit-centric design, ensuring compliance is built into the foundation,” he explained.”By automating evidence collection, integrating with major cloud platforms like AWS, GCP, and Azure, and leveraging AI-driven remediation, we’ve eliminated the complexity traditionally associated with SOC 2 compliance.”
The introduction of Socify is expected to diversify TAC Security’s revenue streams, expand its international client base, and contribute positively to its valuation. furthermore,it supports the company’s overarching goal of becoming the world’s largest vulnerability management company by unifying security and compliance automation into a single,integrated platform,minimizing audit risks and providing executives with real-time compliance visibility.
