TAC Security Launches Socify:โค A New Approach to SOC 2 compliance
TAC Security, a leading global cybersecurity firm serving over โ6,000 clients in 100 โคcountries, 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 โvulnerability management company globally and โคthe first publicly listed cybersecurityโ firm onโ the NSE, aims to onboard 10,000 companies onto socify within the next year.
Accordingโค to Founder & CEO Trishneet Arora, Socify represents a essential shift in how organizations approach trust, security, and compliance. “We are transforming complianceโ into a โseamless, accessible, and affordable process,” she stated.
Socify offers โa complete lifecycleโฃ solution,encompassing theโค creation of SOC 2-aligned policies and procedures,both automated and manual controlโ monitoring,real-time compliance dashboards,and centralized evidence โcollection. โข The platform also features an “Audit Vault” for โefficient auditor โคinteraction and an AIโฃ Assistant โฃproviding instant remediation guidance.
TAC Security reportsโข that Socify โdemonstrably improves โefficiency, โฃreducing audit preparation time by upโฃ to โ40%, increasing โคreportingโค accuracy โคby over 40%, andโฃ shortening โฃreview โcycles by 30-40%.These improvements translate โinto notable cost savings for organizations.
The launch targets a substantial market prospect. The global compliance automation market โis currently valued at USDโข 4.2 billion (2024โ estimate), with SOC 2 solutions โขrepresenting a rapidlyโ growing โฃsegment. Approximately โฃ30% of this โฃmarket comprises organizations seeking SOC 2 readiness,โ ranging from startups preparing for their โฃfirst โขaudit toโค large enterprisesโข managing multiple compliance frameworks.CTOโค Saranshโ Rawat emphasized the platformS innovativeโค design. “Socify wasโฃ engineered withโฃ a โsecurity-first architecture and an audit-centric design, ensuring compliance is built into the foundation,” he explained.”By automating evidence collection, integrating with major cloudโ platforms likeโ AWS, GCP, and Azure,โค and leveraging โฃAI-driven remediation, we’ve โขeliminated the complexity traditionally associated with SOC 2 compliance.”
The introduction of Socify โis expected to diversify TAC Security’s revenue streams, expand its international client base, and contribute positively to its valuation. โ furthermore,it supportsโข the company’s overarching goal of becomingโค the โworld’s largestโ vulnerabilityโข management company by unifying security and compliance automation into โฃa single,integrated platform,minimizing audit risks andโ providing executives with โขreal-time complianceโค visibility.