The fun fact is that he was one of the original developers of FireWall-1 - the same that was their breakout product. Your email address will not be published. They are a leading B2B cybersecurity company, known first and foremost for products built to mitigate cyberattacks aimed at humans, including various social engineering schemes like phishing. I mean, their employees won five Nobel Prizes and six Turing Awards. The founders of Kaspersky were colleagues at Moscow's KAMI Information Technologies Center. And Okta has beefed up its staffing to support continued innovation, with headcount growing by 37 percent on a year-over-year basis to 3,614 people driven by aggressive hiring around business development and engineering. Okta has a unique value proposition as a quick and easy way for organizations to get started implementing zero trust. A longtime leader thats not content to rest on its laurels. The McAfee MVision Cloud Native Application Protection Platform delivers data protection, threat prevention, governance and compliance throughout the application lifecycle. No contribution is too small, even if it didn't appear on our list. Given that there are various metrics on how each company contributes to the cybersecurity field, take this rating with a grain of salt. There are even tools that detect bias in AI judgment. They earned the highest score among providers named "Customer's Choice" in Gartner's 2022 "Voice of the Customer Security Awareness Computer-Based Training report. It used dynamic packet filtering to identify network threats as they were happening. shortage stalk shipments haunt processors ESET Protect Advanced complies with data regulation thanks to full disk encryption capabilities on Windows and macOS. With Syxsense, stop breaches with an endpoint security solution. Its EDR offerings are among the biggest bargains in the industry. Neom or "a civilizational revolution": here is what Saudi Arabia's city of the future will look like, Apple network traffic went through Russia for 12 hours. In short, Check Point is trying to innovate new ways to navigate the current landscape of modern cyber threats. Cloudflare has the fastest-growing stock in the entire sector over the past year, with the San Francisco-based security and performance services vendors stock price increasing by 324 percent to $75.79 per share. cognetic recognizes firms cybersecurity So here are the ones we also would like to mention. Palo Alto Networks started with the $420 million buy of SD-WAN player CloudGenix to accelerate the onboarding of remote branches and retail stores onto the Palo Alto Networks Prisma Access secure access service edge (SASE) platform. It combines the active monitoring and response units, bridging the gap between the threat identification and solution. McAfees stock has climbed by 8 percent to $20.31 per share since the San Jose, Calif.-based platform security vendors stock began trading on the Nasdaq Stock Exchange on Oct. 22, 2020. The origins of Avast date back to the student years of two students at the Research Institute for Mathematical Machines in Czechoslovakia. Unlike Symantec and McAfee, which have separated their consumer and enterprise businesses, Sophos and Trend Micro have retained control of their consumer products, and Sophos offers a very good one that even uses some of its enterprise EDR artificial intelligence (AI). We had a look and came up with this list of the biggest cybersecurity companies ranked by revenue from lowest to highest. That's why sometimes such products ask you for permission to submit your data. largest IBMs biggest strength might be its research depth, witness its impressive recent strides in homomorphic encryption. Streamline complex IT processes with Syxsense Cortex, a visual workflow designer. While the products were intended to monitor and patch weak network links, it evolved into broad-spectrum software for vulnerability identification. Zscaler, now in its 14th year, offers a broad cloud security platform that positions the San Jose-based company well for important emerging trends like zero trust, edge security and secure access service edge (SASE). Other areas of strength include firewalls and network and cloud security, giving the company a good base for the emerging XDR market. reston herndon Protect your company computers, laptops and mobile devices with security products all managed via a cloud-based management console. Check Points 4% revenue growth may not turn heads, but it offers as complete a security portfolio in the industry, and with strong security and value too. cybersecurity global spending security breaches estimated hacking worst With $2.6 billion in revenue and growing at a healthy 17%, Fortinet is expected to hit $3 billion in sales this year. The following didnt quite make our cut for the top cybersecurity companies, but that doesnt mean they dont have great products and services. Rounding out our list of the top security companies is Microsoft, which has quietly built up a large security portfolio. cybersecurity global spending security breaches estimated hacking worst In 1997, Eugene Kaspersky, his wife Natalya Kaspersky, and Alexey De-Monderik left their jobs to create their own product called Kaspersky Anti-Virus. To help you navigate this growing marketplace, we provide our recommendations for the worlds leading cybersecurity technology providers, based on user reviews, product features and benefits, analyst reports, independent security tests, and use cases. cybersecurity siem cyber providers iteration F-Secure Corporation is a leading Scandinavian cybersecurity company. ventures q3 Vendors were evaluated based on their annual revenue, growth rate, range and quality of products, appearance on eSecurity Planets top security product lists, user reviews, independent test results, analyst reports and venture capital funding, among other factors. The 10 most valuable companies in cybersecurity were worth more than $229 billion combined as of Thursday, with one vendor nearly doubling its market cap over the past 12 months, two vendors more than tripling their valuations, and one vendor more than quadrupling its valuation. Proofpoints (PFPT) revenues are expected to grow 15% to clear the $1 billion mark this year, as the Sunnyvale-based company rides a SECaaS product portfolio that has landed it on our top CASB, data loss prevention (DLP), zero trust, threat intelligence and email gateway lists. Don't let the name confuse you. It acts as their research & development center, sharing insights on how to mitigate online risks better and track the most recent developments. It lags KnowBe4 in security awareness training, but its acquisition of Wombat is a statement that it intends to take that market seriously. Fortinet has also increased its headcount by 16 percent over the past year to 8,017 people, led by hires on the business development and sales teams. Trend Micro have continued their network security measures, creating the Trend Micro Smart Protection Network. All Rights Reserved Cisco (CSCO) is a perennial favorite on this list. Between high-profile ransomware attacks and mergers, it is a time of high stakes and great change for the industry. cybersecurity earnings cyber Zscaler Cloud Protection debuted in December to minimize the attack surface and automate globally enforced security policies across organizations multi-cloud footprint, extending a zero-trust approach to cloud workloads. A tech giant, IBM offers a plethora of products for businesses of all kinds. As the demand for robust security defense grows by the day, the market for cybersecurity technology has exploded, as well as the number of available solutions. Cybersecurity product categories: SIEM, GRC, threat intelligence, network traffic analysis and forensics, endpoint security, security orchestration, UEBA, malware detection, fraud prevention, identity and access management, third-party risk management. Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. cybersecurity solarwinds sijoitusrahastot counterfeiting pirated marketsandmarkets The 10-year-old Sunnyvale company could further gain after successfully fending off a SolarWinds-related attack, a distinction shared with Palo Alto Networks. Trend Micro has expanded its workforce by 4 percent over the past year to 6,739 people, with the most aggressive hiring taking place in the companys engineering and sales departments. It saves you time by helping prioritise the most critical vulnerabilities, to avoid exposing your systems. The firm debuted the ObserveIT Insider Threat Management platform to provide insider risk detection, faster incident response and broader visibility across user activity, data interaction and threat context. Trend Micro Cloud One Network Security debuted in November for customers migrating their servers to the cloud, offering virtual private cloud protection at scale to support compliance requirements. eSecurity Planet Editor Paul Shread contributed to this research article. ventures q3 The companys CloudGuard Cloud Native Security unifies cloud security posture management, serverless and container protection, and threat intelligence to be managed in a single pane of glass. Topping our list is Palo Alto Networks (PANW), and for one very good reason: No vendor offers better security. nasdaq etf cybersecurity Cybersecurity product categories: Advanced threat protection, email protection, encryption, data loss prevention, CASB, threat intelligence, Appearances on eSecurity Planets Top Vendors lists: 5. The solution includes cloud sandboxing technology, preventing zero-day threats, and full disk encryption capability for enhanced data protection. Currently, Qualys is focusing on hybrid cybersecurity solutions that combine different monitoring and response measures. cybersecurity siem cyber providers iteration Here are our picks for the top 20 cybersecurity software vendors plus 10 honorable mentions with the caveat that at least a couple of those 30 companies are likely to merge. We combine vulnerability scanning, patch management, and endpoint security in a single cloud console. The company bought browser isolation firm S2 Systems for $39.2 million to protect endpoints from zero-day vulnerabilities without sacrificing speed, user experience or website compatibility. The one area where it excels is in endpoint protection, where Gartner has included it as a Leader for 15 years, and impressive independent tests back that up. In 1995, the collaboration resulted in the first antivirus software for Windows 95. Cybersecurity product categories: Advanced threat protection, managed services, endpoint security, encryption, web gateway, email security, network security, cloud security, antivirus, identity theft protection, website security, mainframe security, IoT security, network monitoring, Appearances on eSecurity Planets Top Vendors lists: 15. With the impressive security capabilities the software giant has developed, we can all hope the company uses some of that expertise to make Windows more secure. Initially, F-Secure was a community named Data Fellows, and they had no intentions to make cybersecurity products. Four months later, the company launched Okta Devices SDK, which allows developers to enable passwordless authentication through branded push notifications with biometric capabilities, minimizing friction for end-users. This includes Active Directory for identity and access management, Microsoft Defender, Azure cloud security services such as Security Center, Key Vault, Azure DDoS Protection, Azure Information Protection and Application Gateway for protecting Web applications. It offers strong security in a number of areas, often at value pricing. IBMs deceptively large security business is spread across a number of business lines, like software and services, and the company doesnt break out security revenues separately, but Big Blue is a powerhouse, making nine of our top security product lists: SIEM, IAM, encryption, database security, threat intelligence, single sign-on, patch management, managed security services, and cybersecurity products. He is also the editor-in-chief of an international engineering magazine. Trend Micro is a Japanese-American company offering enterprise cybersecurity services. Success in the financial markets was often accompanied by rapid revenue and headcount expansion, with seven companies expecting to boost sales in their current fiscal year by at least 18 percent and four projecting sales growth of at least 40 percent. If you bought a consumer-grade Windows notebook in the last ten years, there is a chance that it came pre-installed with McAfee Antivirus. Palo Alto Networks is one of the leading firewall and cloud-based computing developers. Some continue to gain traction, while in other cases mergers and private equity takeovers in the case of Mandiant, a pending merger with Google have limited our visibility, but all these vendors have made our top product lists and will meet the needs of many users. Proofpoint is primarily a business-oriented company, which explains why you've probably heard so little about them. They even had a breakthrough by creating the first heuristic scanner for antivirus software. With $3.2 billion in revenue and double-digit growth, security is one of Ciscos strongest markets. The company's best-known product is Kaspersky Antivirus, which was one of the most advanced on the market even on release. This year, an investigation into them was launched by the Czech Office for Personal Data Protection. That's no small feat. market cybersecurity automotive security 2024 If you need a conservative estimate, it's believed that just last year, it generated $1.5 trillion in revenue - 5 times more than Amazon in that same period. Check Point is a multinational Israeli company, offering products both for individual customers and enterprises. There are also solutions to such modern vulnerabilities as the PC SafeCam tool for your online privacy. It will proactively scan your systems for new threats, such as Spring4Shell, giving you peace of mind. TechnologyAdvice does not include all companies or all types of products available in the marketplace. cybersecurity avast eSecurity Planet focuses on providing instruction for how to approach common security challenges, as well as informational deep-dives about advanced cybersecurity topics. The company was established in 1993 by Gil Shwed in Israel. They also run a malware forensic analytics lab called TrendLabs. The debut of Cloudflare One means that firms can protect their workforce in a flexible and scalable way without compromising security as distributed teams work from multiple devices and personal networks. Customer ratings have been solid. They are still taking the security first-approach and have recently launched a project Blackfin. acquires avast IBM produces hardware, software, and everything in between. However, due to these companies' sheer size, which is a lot broader than just cybersecurity, we felt that adding them to the regular risk would distort our ranking. As an organization, they are pushing for cybersecurity alliances with the governments and policymakers. To this day, it's one of the most successful Finnish companies. The suite expanded over time, adding AI learning tools that identify irregular patterns and highlight potential vulnerabilities, blocking them in their tracks. hiscox liability RSA boasts strong products, a respected name and its eponymous conference among its considerable assets. Cybersecurity product categories: AI, threat detection, incident response, IDPS. It does neglect smaller companies like Malwarebytes or ESET NOD32. Zscaler (ZS) is another one with outsized growth for an established company: analysts are expecting sales to surge 53% to $663 million this year. Drew Robb has been a full-time professional writer and editor for more than twenty years. Then in January, Cloud One Container Security debuted to help developers minimize application downtime across Kubernetes by easing the security of container builds, deployments and runtime workflows. Their focus, first and foremost, is network protection, but this extends to other weak points as well. Also read: Testing & Evaluating SIEM Systems: A Review of Rapid7 InsightIDR, Headquarters: Tel Aviv, Israel, and San Carlos, California, Cybersecurity product categories: Advanced threat prevention, next generation firewall, UTM, encryption, secure gateway appliances, endpoint protection, remote access, cloud security, mobile security, zero trust, incident response, Appearances on eSecurity Planets Top Vendors lists: 12. A recent IPO gave investors a good look at the companys finances, and 40% revenue growth suggests plenty of demand for this pioneering product. Try a free 30-day free trial. accenture The company came up tops in Gartners MQ for SIEM but customer satisfaction ratings have slipped recently, in part because of pricing. The privacy compliance technology company has ridden data privacy laws like GDPR and CCPA to become the fastest-growing company in America, according to Inc., number 4 on the Deloitte Technology Fast 500, and has earned spots on our risk management, third-party risk management and hot cybersecurity startups lists. The company is expecting to grow revenue by 47 percent over the companys 2020 fiscal year, which ended Dec. 31, to $423 million. The project, led by their Artificial Intelligence Centre of Excellence, aims to develop tools capable of detecting attacker actions at multiple endpoints. Proofpoint offers email protection, network sandboxing, security awareness training, cloud protection and more. With its AWS relationship and the release of a security services platform for organizations building applications in the cloud, Trend Micro is gradually making its way up the standings. Although it's now a multinational company, it was founded by Nir Zuk, an engineer at the #4 company on our list, Check Point. The network security vendor is another that doesnt shy away from rigorous testing, and thats landed the company on 13 of our top cybersecurity software lists. Avast is one of the largest anti-malware applications providers. They are also contributing to donations in response to the US's recent developments by making financial organizations that fight systemic discrimination. Several years later, the company altered its direction, focusing on developing cybersecurity tools. Trellix, the name given to the merged entity of FireEye and McAfee Enterprise, appears on 16 of our top security products lists, but as all products have not been rebranded yet, well continue to use the old names for now. Gartner placed Microsoft as tops in its Magic Quadrants (MQs) for endpoint protection and access management. The companys September acquisition of Odo Security has made working from home safer by enabling customers to securely connect any number of remote employees to everything from any location.