Cybersecurity is the set of methodologies and strategies which are used to protect your system and data from unauthorized access and vulnerable activities. Since last few years the rapidly increasing incidents of cyber attacks such as Taget Stores Data Breach, JP Morgan Chase Data Breach, Adobe Cyber Attack and so on has necessitated the requirement of cyber security.
Top 5 CyberSecurity Companies in 2020
As per some reports, around US$70 to US$80 Bn investment is planned for cybersecurity and this is anticipated to increase significantly. Cyber security not only protects your data from unwanted activities but also offers several advantages including increased productivity and reliability, minimizes the chances of downtime which help in improving customer experience. So, in today’s blog we would be discussing major companies operating in this sector and provide competitive analysis based on offering, revenue, R&D investments, and some other parameters.
McAfee is U.S. based public company, headquartered in Santa Clara, California. The company is specialized in designing and marketing computer security software. In 1987, John McAfee established McAfee Associates and later he resigned from the company in 1994. The company is serving multiple sectors with their advanced security solutions. The end-users include government organizations, consumers, enterprises, and small and large businesses. The company claims to be the largest dedicated security company. Some of the cybersecurity offerings provided by McAfee are as follows:
- Cloud Access Security Broker (CASB)
- Data Loss Prevention
- Endpoint Detection & Response
- Endpoint Security
- ePolicy Orchestrator
- Mobile Security
- MVISION Products
- Network Security Platform
- SaaS Security Management
- Web Gateway
The company is operating as a division of Intel Security since February 2011. Every years McAfee offers several job opportunities for web developers, cloud architects, and software developers. Apart from engineering they have division like Legal, Finance, Administration, and Finance. According to McAfee, annually they invest a huge amount on their employee’s salary based on their job tiles.
Cisco is one of the leading companies providing networking, IT, and cybersecurity solutions. The company is headquartered in San Jose, California and serving at a global level with their advanced product and services. In 1984, Leonard Bosack, a computer scientist from Stanford University established Cisco. The company servers majorly three sectors including SMEs, service providers, and enterprises. The cybersecurity portfolio offered by Cisco is as follows: Next-Generation Firewalls
- Cloud security
- Email security
- Endpoint security
- Malware protection
- Multi-factor authentication
- Security services
In 2019, the company registered revenue of US$ 51.0 Billion. As per Cisco’s annual report, the employee strength was around 75, 900 and scored rank 6th at Fortune 100 Best Places to Work in 2019. The company offers several job opportunities in different domains including Engineering, Support & Operations, Corporate Services, and Sales & Marketing. Apart from that, the company conducts several certification exams specially for networking certifications.
Palo Alto Networks, Inc. was founded by Israeli-American Nir Zuk in 2005 and considered as a prominent player in cybersecurity market. The company is headquartered in Santa Clara, California. The products and services offered by the company is designed to employ with cloud-based products and firewalls in order to provide maximum security. After launch of 5G next-generation firewall and K2-Series, the company shown significant uptake. Recently, they announced an AI (artificial intelligence)-based security platform branded as Cortex. Some of the major cybersecurity offerings developed by Palo Alto Networks are as follows:
- AutoFocus Threat Intelligence
- Cortex XDR
- Firewall Migration Tool
- Prisma Cloud
- URL Filtering Web Security
- WildFire Malware Analysis
In 2019, the company registered total revenue of US$ 2.9 Bn with an employee base of 7014. Moreover, the company has client base of around 65,000 organizations spread across more than 150 countries.
Trend Micro Inc. is specialized in defense and cybersecurity company, headquartered in Tokyo, Japan. Eva Chen, Jenny Chang, and Steve Chand cofounded the company in 1988. The company provides enterprise security software for cloud computing environments, networks, and servers. Moreover, their security products are integrated with advanced security and optimized for several cloud and virtualization environments such as Google Cloud, Amazon AWS, Microsoft Azure, and VMware. Some of the major Cybersecurity offering are as follows:
- Advanced Threat Protection
- Hybrid Cloud Security
- Intrusion Prevention
- IoT Security
- Solutions for (Ransomware, GDPR, Compliance, etc.)
- User Protection
In 2019, Trend Micro Inc. registered annual revenue of US $1760.32 Mn with employee base of 6,854. Furthermore, according to a study conducted by IDC, the company ranked at the top position and accounted for significant market share in the Hybrid Cloud Workload Security market.
Sophos Group was founded by Peter Lammer and Jan Hruska in 1985. The company is headquartered in Abingdon, England, specialized in designing and developing security software and hardware. The company have a wide range of product portfolio optimized for different application including unified threat management, communication endpoint, network security, encryption, email security, and mobile security. Moreover, some of the major cybersecurity products and services in Sophos offerings are as follows:
- Cloud Optix (Public cloud visibility and threat response)
- Intercept X (Endpoint protection with AI)
- SafeGuard Encryption
- Secure Web Gateway
- Sophos Central
- Sophos Email
- Sophos Mobile/Wireless
- Sophos Wireless
- XG Firewall (Next-Gen Firewall)
Sophos registered annual revenue of US$ 710.6 Mn in 2019 with employee base of 3,400. The company is serving more than 400,000 organizations across 150 countries with their innovative product and services and help them in preventing from cyber threats or any kind of data breaches.
What are your thoughts regarding the need for cybersecurity in future? Let me know in comment box 🙂