TAC Security has acquired CyberScope, a leading Web3 security firm specializing in smart contract audits, enhancing its position in the growing blockchain security market. This acquisition expands TAC's client base to over 6,000, with a target of reaching 10,000 by 2026. CyberScope's proven track record, with over 2,780 audits and $134 billion in secured assets, adds significant expertise and credibility to TAC's offerings.
The integration of CyberScope's smart contract audits into TAC's existing vulnerabilities management platform, ESOF, promises to enhance security solutions for clients and unlock cross-selling opportunities between both companies. The acquisition is expected to contribute an additional $1.2 million in revenue, positioning TAC Security for accelerated growth in Europe, where CyberScope has a strong presence. This strategic move aligns with regulatory trends that favor the crypto environment, marking a significant step towards TAC's ambition of becoming the world's largest vulnerability management firm by 2026.