0
0
The cybersecurity industry is now growing quickly and doesn’t appear to be slowing down. According to the International Data Corporation, $103.1 billion will be spent on security-related gear, software, and services globally in 2019, a 9.4% rise over 2018. Numerous industries are likely to increase their budgets in the next years to address a variety of issues and demands. There are many career prospects for cybersecurity specialists as a result of this spike. Information security analysts’ employment is expected to grow by 28% by 2026, more than any other computer and information technology sector. Information analysts get an average pay of $98,350. New cybersecurity startups as well as well-established $1 billion businesses are all potential employers.
5 Notable Cybersecurity Firms
Below is a detailed description of5 eminent cybersecurity companies that deserve your attention:
1-Â Cisco
Technology giant Cisco, best known for its networking hardware and software, has expanded, and grown to be a significant player in the cybersecurity sector. In 2018, the company’s sales were around $50 billion. Cisco announced in August of that year that it had acquired Duo Security for $2.35 billion in cash, adding Duo Security to its roster of security-related acquisitions that also included OpenDNS, Sourcefire, and Cloudlock. With no need for security codes or key fobs, employees may safely use their own devices thanks to Duo’s adaptive authentication technology. The company’s security business sector saw sales of $707 million, a 21% rise over the previous quarter, as a result of Cisco’s commitment to security. Cisco has firmly established itself as a Cybersecurity Company by offering a broad range of security products and services that include topics including malware protection, intrusion prevention, firewalls, analytics, email security, and more.
2-Â McAfee
Security-focused cybersecurity company, McAfee offers software solutions that protect 97 million endpoints for companies and 525 million endpoints for consumers. Over 80% of Fortune 100 organizationsutilize McAfee. Although the firm is privately held and its most recent revenue data are unclear, Forbes estimates that it made $2.5 billion in 2017. McAfee employs roughly 7,000 people, which is a far smaller number than Cisco. To safeguard people, organizations, small and large businesses, and others, McAfee provides solutions. After acquiring Skyhigh Networks, the business was able to concentrate on cloud security, and McAfee intends to develop further by utilizing analytics, data science, and deep learning.
3-Â Symantec
Symantec is a cybersecurity company that specializes in cybersecurity only, making it unique as a “pure play” business. Symantec boasts a workforce of over 11,000 and a presence in 35 nations. It generated roughly $5 billion in revenue in 2019, and about 300,000 businesses depend on its goods and services. 142 million threats are stopped daily by Symantec’s expertise, which also secures 86% of the Fortune Global 500. It delivers business solutions, such as the Integrated Cyber Defense Platform, which offers total on-premises and cloud security. In addition, Symantec’s consumer security division provides information, device, network, and identity protection through its two most well-known brands, Norton and LifeLock.
4-Â Darktrace
A cybersecurity company with an AI focus, Darktrace was founded in 2013. Mathematicians from the University of Cambridge and cyber intelligence specialists founded the business. More than 800 people work with Darktrace, which has 40 sites worldwide. The company’s goal was to use technology to defend against computer-driven cyberattacks. CEO of Darktrace Nicole Eagan remarked that there will be a continuing cyber arms race as both attackers and defenders would continue to develop new mathematics and AI techniques. In September 2018, the company raised $50 million, earning it distinction as a creative and developing cybersecurity business. Darktrace has a reputation for being a pioneer in the application of AI to cyber protection.
5-Â Zeguro
Startup company Zeguro is situated in San Francisco and offers cybersecurity services. According to the company’s LinkedIn page, it employs 11 to 50 people. Zeguro acquired $5 million in venture funding in November 2018 to introduce its Cyber Security Platform. The platform offers software as a service to assist companies in keeping an eye on their cyber threats, educating staff, and speedily recovering from attacks. The platform also provides small and medium-sized enterprises with simple access to essential services, like preventative measures and tailored cyber insurance plans, according to the company’s CEO, Sidd Gavirneni. The needs of businesses are catered to by Zeguro’s risk management services and protection.
Average Rating