What companies are in cyber security?
8 minute(s) read
Published on: Jan 31, 2022
Updated on: Mar 26, 2022
You will first see a review of the meaning of cyber security, and then you will become familiar with the companies that are in cyber security. You will also understand why cyber security is so important and why some companies are trying to offer a better quality of cyber security.
What is Cyber Security?
The meaning of cyber security is equivalent to planning and taking action to protect systems, networks, databases, and applications from digital attacks and organizing a defense strategy against cybercriminals and their malicious actions. These cyber-attacks are usually aimed at accessing, altering, and destroying sensitive information, extorting and stealing money from users, or interrupting routine business processes. A successful cybersecurity approach has multiple layers of protection across the computers, networks, programs, or databases that someone intends to protect. Maintaining cyber security is one of the most important challenges in the modern world because the number of electronic devices is more than the number of people, and cyberattacks are becoming more and more creative.
Why is cybersecurity important?
Cyber security is a very important issue because it helps to protect the organization's information assets from digital attacks. Information that harms the organization or individuals if others gain access to it. Cyberattacks can lead to information theft, deletion, fraud, and damage to the reputation of individuals and organizations.
Benefits of Cyber-Security
The benefits of implementing cybersecurity schemes include the following:
- Protect your business from malware, ransomware, phishing, and social engineering
- Protect data and networks
- Prevent unauthorized users from accessing digital assets
- Protection of users and their personally identifiable information
- Increase trust in the organization
Companies in cybersecurity
Active organizations in the field of cybersecurity offer hundreds of wonderful and innovative products every year. We will introduce ten companies to you in the field of cybersecurity that has done great work in 2020 and have achieved a very good position in the cyber-security community.
Broadcom (a maker of processing chips) recently bought Symantec (excluding Norton Lifelock) for $ 10.7 billion and then sold its ownership to Accenture. This gave Accenture a relatively good position in the growing MSSP managed security services market. In addition to the Symantec contract, Accenture purchased Deja vu Security, iDefense, Redcore, Magellan, Arismore, and FusionX to show its commitment to investing in innovative cybersecurity and advanced threat intelligence solutions. Accenture invested $ 1.2 billion to acquire 33 companies in 2019.
Accenture focuses on preparing businesses to deal with advanced attackers and reduce cyber risks. The company provides businesses with various managed security services, including threat intelligence, application protection, disaster response, intelligent automation, and advanced analytics. With the acquisition of Symantec, Accenture now has access to all of the company's customers and expertise and access to the company's six Security Operations Centers (SOCs).
Cisco, a large company that specializes in providing network solutions, has gone through many ups and downs over the years. Cisco has acquired $ 2.35 billion worth of cloud-based Duo Security (provider of integrated multi-step authentication and access control solutions). According to the company's latest revenue report, the annual growth rate of the Cisco cybersecurity business is 9%. Cisco has been more successful in security than any other area, with total revenue of 4 percent and revenue from infrastructure platforms and applications of 8 percent. Cisco is superior to security service companies in terms of how it operates with organizations seeking to strengthen and simplify their relationships with security service companies, as well as in the variety of network and security products.
Crowdstrike is one of the fastest-growing companies in this industry and has been able to establish itself as one of the top cybersecurity companies. The company's extensive platform includes next-generation antivirus, network endpoint detection and response solutions, threat hunting, and remote threat management. The company works with ZScaler, a pioneer in protecting the cloud against cyber attacks and data leaks. Zscaler uses the Crowdstrike cybersecurity platform to measure data remotely.
Deloitte has moved from risk management and auditing to cybersecurity and therefore needs to overcome some organizational and cultural barriers to succeed and outperform competitors. The company is now making the distance between consulting tasks and playing an active role in security shorter. Deloitte has been selected as one of the largest cybersecurity consulting companies with the highest growth rate.
Undoubtedly, McAfee, which was originally a state-owned company but is now a private company, has experienced many ups and downs in recent years. In 2019, the company decided to implement its initial public offering, but after a while, its strategy changed. Finally, McAfee succeeded in creating an extensive cybersecurity platform that encompasses all endpoints, network edges, and cloud security.
McAfee recently announced its cloud security platform, MVISION, which includes a secure web portal, data leakage solution, and MVISION Cloud service. With the launch of this new platform, the company has been able to take the lead in providing the "Secure Access Service Edge (SASE)" architecture, which aims to increase security and reduce costs, as well as the complexities of modern cyber-security.
In previous years, Microsoft did not have much activity in the field of cyber-security, but now it has realized that for the success of the cloud computing service provided by this company, it must also work in the field of security. Microsoft's annual investment in cybersecurity research and development is estimated at $ 1 billion.
According to the widespread use of Windows 10, Office 365, and Active Directory, and given that companies typically have a set of data and applications in Microsoft Azure Services, the company can now expand its partnerships with corporate clients to provide solutions to use Microsoft Cyber-Security in a multiplayer environment.
This company has gained a lot of popularity among technology analysts and has a relatively good position in areas such as offering identity solutions as a service, access management, and zero trust. The market value of Okta is estimated at $ 15 billion based on the company's current stock price. Okta is known as one of the pioneering and innovative companies. The company's annual revenue growth is estimated at 45%. However, Okta faces challenges in achieving its desired profit. One of the main problems of this company is maintaining the focus on its platform, managing rapid growth, and managing customers, whose number is increasing day by day.
8. Palo Alto
Palo Alto Networks was able to make a big move in the field of enterprise security a decade ago with the introduction of the new generation firewall. Palo Alto is now well established as a provider of security management platforms, cloud and network management, endpoint protection, and cloud-based services. Forrester sees this company as a pioneer in this field because of its ability to develop zero trust in the cloud environment and diverse workflows. Palo Alto's share of the global security equipment market is estimated at 16.2%. In addition to Demisto, Palo Alto has recently acquired PureSec, RedLock, and Twistlock. In February 2020, Palo Alto unveiled a new platform called Cortex XSOAR (Coordination, Automation, and Security Response) that demonstrates the evolution of Demisto technologies to provide automated threat intelligence management solutions.
Splunk, which specializes in event management and security information, has developed a new security platform equipped with the latest advances in artificial intelligence and machine learning for instantaneous data monitoring. As companies move toward cloud-based solutions, Splunk can use this opportunity to establish its position in IT operations management and use artificial intelligence to protect data. The Splunk platform includes enterprise security solutions, user behavior analysis tools, and the Splunk Phantom. Splunk has an acceptable approach to working with other companies and has partnership agreements with most vendors of security solutions.
In recent years, this company has been able to gradually expand its activities in the field of cyber-security through internal procurement and development plans, and by creating a new security department, it has announced its intention to cooperate with large companies. VMware can use its long history of working with various customers to make its security platform more successful. VMware paid $ 2.1 billion in cash to buy Carbon Black. The company needs to show its capabilities to its customers in order to help companies protect virtual machines in hybrid cloud infrastructure.Website SEO analysis services