Cybercrime is on the rise. As a result, so is global spending on information security. According to Gartner’s Information Security and Risk Management forecast, the cybersecurity sector could reach $175.5 billion in value in 2022.
In this article, we have listed ten leading cybersecurity companies that you could hire to help you with your security needs in 2020.
As one of the biggest companies in the world, Microsoft said it would continue to invest over $1 billion annually on cybersecurity research and development. The company is also working with other cybersecurity companies to advance research.
Microsoft has bought three security firms over the past few years: enterprise security startup Aorato, cloud security firm Adallom, and Secure Islands. They are integrating their protection technology into cloud service Azure Information Protection and other Microsoft products, like Windows Defender.
The software company has also invested in Team8, an Israel-based startup developing advanced security technology products.
This Fortune Global 500 company provides services in strategy, consulting, digital, technology and operations. It provides cybersecurity services to companies to help them build cyber resilience from the inside out.
Accenture is involved with cyber defense, applied cybersecurity, managed security and custom industry solutions. To expand its solutions and continue innovating, the company bought Deja vu Security, iDefense, Redcore, Maglan, Arismore, and FusionX.
The cybersecurity consulting is in partnerships with other sector specialists like Microsoft, ENDGAME and Splunk technology.
Cisco Systems is involved with networking hardware, telecommunications equipment, and other high-technology products.
It ventured into cybersecurity in 2013 buying Cognitive Security, SolveDirect, and Sourcefire that same year. Two years later, Cisco acquired Portcullis Computer Security, another business that provides cybersecurity services to organisations and governments.
Through its numerous acquired subsidiaries, the networking giant has focussed on enterprise security strategy, Internet of Things, domain security, and energy management.
IBM has about 50% of its cybersecurity revenue coming from providing services to other businesses and governments.
In 2018, the company received about 1,400 cyber-security related patents. One of the patents includes stop-voice phishing attacks and another approach on how to detect potential threats.
The firm’s Security Operations Centres and Watson for Cyber Security are key to IBM’s move into the AI for the cybersecurity market. The company offers endpoint protection, data security, mainframe security, and more.
Some of IBM’s cybersecurity solutions include Security Information and Event Management (SIEM), cloud security, orchestration, and incident response platform.
Splunk is also a big deal in security and operations management. Many organizations use the platform to perform security analytics.
The company also have a security platform for big data. It is for detecting patterns of fraud and identifying malicious behavior and attacks bypassed by signature and rule-based systems.
McAfee is a global player in securing business networks and individuals online and staff using corporate networks.
Governments around the world also rely on McAfee Global Threat Intelligence to keep corporates, governments, and consumers a step ahead of hackers.
McAfee also has mobile security products to protect end-user devices from threats. Its network security products secure company servers, data centers, and databases.
Also, there’s the McAfee Total Protection and McAfee LiveSafe products that give individuals access to antivirus and antimalware protection.
Avast is a multinational cybersecurity juggernaut and one of the leaders in the computer security software industry.
It has developed next-gen technologies for fighting cyber attacks in real-time. One of its product that sends alerts if unusual behavior is detected and blocks access to potential threats was named a Best of Innovation Honoree in the CES 2020 Innovation Awards.
This cybersecurity company also has lots of investments in cloud-based machine learning engines that are collating streams of data from hundreds of millions of users. The company has more than 435 million people across the world.
Fortinet is a cybersecurity public company that helps to secure large businesses, service providers, and government organizations around the world.
It has a product, Fortinet Secure SD-WAN, that has been able to scale up to 100,000 SD-WAN sites and adopted by more than 21,000 organizations. It bought the security company CyberSponse that provides Security Orchestration, Automation and Response (SOAR).
Fortinet has over 450,000 customers. It is one of the leaders in most security appliances shipped worldwide. The security company has been issued 662 patents and 175 patents are pending.
KnowBe4 is an integrated platform for security awareness training coupled with simulated phishing attacks. Today, the platform has more than 30,000 customers.
KnowBe4 has risen from a small player to being number one in security training, according to Gartner. It is one of the fastest-growing companies in security, well-known for its security training programs and content.
The security company has lots of on-demand, engaging and interactive training combined with unlimited simulated social engineering attacks through email, phone, and text. Its training spans across the globe to educate users on phishing and other online threats.
Sophos is a security software and hardware company has built lots of security products for businesses around the world. It has products for Endpoint Protection, Network Protection, Cloud Protection, and Server Protection. It also has a few home products for individuals to protect their personal computers.
Additionally, the company has harnessed artificial intelligence (AI) and cloud computing. It has built security software for Amazon Web Services, Microsoft Azure, and Google Cloud Platform.