TAC Security Expands into Web3 Security with CyberScope Acquisition The deal is expected to contribute USD 1.2 million in revenue, aligning with TAC Security's expansion plans in Europe and other key global markets

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

Global cybersecurity firm TAC Security has acquired CyberScope, a Web3 security company specializing in smart contract audits and blockchain vulnerability assessments. This strategic move positions TAC Security as the first vulnerability management company to integrate Web3 security solutions into its offerings.

CyberScope, known for its expertise in blockchain security, has conducted 2,780 audits and safeguarded USD 134 billion in digital assets. With a client base of 3,000 organizations, this acquisition boosts TAC Security's total clientele to over 6,000, with a goal of reaching 10,000 by 2026. CyberScope's audit tools—Cyberscan, Similarityscan, Safescan, and Signaturescan—will now be integrated into TAC Security's ESOF platform, strengthening protection for blockchain-based applications. Additionally, the CyberScope Audit Badge, recognized by CoinMarketCap, will enhance TAC Security's credibility in Web3 security.

This acquisition paves the way for TAC Security to cross-sell its cybersecurity solutions to CyberScope's clients while also introducing CyberScope's auditing services to TAC Security's enterprise customers. The deal is expected to contribute USD 1.2 million in revenue, aligning with TAC Security's expansion plans in Europe and other key global markets.

CyberScope's strong foothold in Europe further enhances TAC Security's international reach, enabling it to meet the growing demand for blockchain security solutions.

Trishneet Arora, Founder and CEO of TAC Security, emphasized the importance of the acquisition, stating, "CyberScope's addition accelerates our vision of becoming the world's largest vulnerability management company. With its 3,000 plus clients, we are advancing toward our target of serving 10,000 customers by 2026."

He further noted, "As Web3 security gains importance amid evolving regulatory landscapes, CyberScope's expertise in smart contract audits reinforces our ability to protect blockchain ecosystems. This move strengthens our leadership in the next phase of cybersecurity."

The deal comes amid a transformative period for the blockchain sector, with the U.S. Securities and Exchange Commission (SEC) recently approving Bitcoin and Ethereum ETFs, including offerings by BlackRock and Fidelity. Additionally, post-election policies under the Trump administration propose a national Bitcoin reserve while rejecting Central Bank Digital Currencies (CBDCs). These developments underline the growing need for strong Web3 security measures, reinforcing TAC Security's strategic focus on blockchain protection.

CyberScope CEO Thanos Tsavlis welcomed the acquisition, stating, "This partnership is a game-changer for Web3 security. By joining forces with TAC Security, we are unlocking immense potential to lead the blockchain security space. Their expertise in vulnerability management, combined with our knowledge of smart contract audits, will redefine cybersecurity for the future. This is just the beginning of an incredible journey."


Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Science & Technology

How AI Is Turning High School Students Into the Next Generation of Entrepreneurs

As AI reshapes education, students are turning school problems into products and building the future economy.

Business News

Anthropic Is Now One of the Most Valuable Startups of All Time: 'Exponential Growth'

In a new funding round earlier this week, AI startup Anthropic raised $13 billion at a $183 billion valuation.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

How Lab-Grown Diamonds are Reshaping Jewellery Market

As sustainability takes the centre stage shaping the luxury market, lab grown diamonds (LGDs) are leading the way and not merely following the latest trends, says Ishendra Agarwal, Founder, Giva

Growing a Business

How Building Tech With No Tech Background Taught Me the Most Valuable Skill in Business

The most valuable skill in business today is translation — the power to bridge vision and execution, clarity and complexity, strategy and reality.

Starting a Business

My Husband and I Have Built Multiple Businesses Together — Here's How We Make It Work in Business and in Life

Working with your spouse can be an incredible experience, especially when you share the same goals and values. Here's how to do it successfully.