Top 10 Best Cybersecurity Companies Of 2023

According to Forbes, worldwide spending on information security and risk management systems will rise to $174B in 2022. So it’s easy to see why so many vendors have entered the lucrative market. Still, the question to which you will find the answer in this article is who the leaders among the cybersecurity companies out there are?

With the threats of cybercrime increasing rapidly daily, cybersecurity companies are quickly expanding in response to the increased need for computer and information security. To minimize these cybercrimes, many companies are making many advances to combat cyber threats, and one needs to partner with the best cybersecurity companies to ensure protected cyberspace.

Meanwhile, before we can proceed to answer the question of who are the cybersecurity company leaders are, we shall see out some definitions on cybersecurity terms.

What Is Cybersecurity

The term cybersecurity is a word we hear a lot, both from the tech-savvy and those who do not know the meaning. But right here, I will be breaking down its meaning to a lay man’s understanding. Thus, Cybersecurity can be said to be the protection of internet-connected computer systems from cyber-attacks, damage, and unauthorized access to data centres, including hardware and software. Likewise, the ability to defend from attacks by adversaries.

Moreover, to keep your computer device protected, you need to know the kinds of cyber-attacks that can be made against your data. That being said, I will bring to you the common cyber threats that you need to protect your system against below.

Forms Of Cybersecurity Attacks

  • Phishing attack
  • Clickjacking attack
  • Social Engineering attack
  • Direct-access attack
  • Tampering attack
  • Eavesdropping attack
  • Denial of service attack

Phishing Attack: It is an attempt to steal sensitive data such as login details from an end-user. Most times, phishing attacks present themselves as an email from a reputable source, whereas it’s a fraudulent email with the real intention of obtaining your sensitive data.

Clickjacking Attack: This attack is also known as User Interface redress attack. It is the kind of cyber attack where an attacker tricks a user into clicking on a button or link on another web page. However, the user is intended to click on the top-level page.

Social Engineering: Here, users are convinced to disclose their sensitive data such as passwords, card numbers, etc. by impersonating an authority like a bank.

Direct-Access Attack: It’s also known as a direct service attack, and it is when an unauthorized user gains physical access to the system in which he can directly copy its data. The direct-access attack can as well be done through operating system modification, by the of a wireless mouse or installing key loggers, worms, etc.

Tampering Attack: This attack involves modifying products in a bad way.

Eavesdropping Attack: As the name implies, the attack involves that process of listening to a private conversation, typically between hosts on a network.

Denial Of Service Attack: The attack is also synonymous with its name. It is designed to make a network resource or machine to be unavailable to its intended users. Attackers achieve this by deliberately keying a wrong password in multiple times, enough to cause the victims account to be blocked. On the other hand, they may overload the capabilities of a network or machine to block all users at a go.

All of the above cyberattacks are dangerous to your information’s security, and anyone can easily fall victim to them given the advancement of technology. But since they are cybersecurity companies, their threats can be minimized.

Categories Of Cyber Attacks

Cybersecurity attacks fall into three categories, which is given below as;

Attacks On Confidentiality: Which is based on copying or stealing user’s personal data, including identity theft, credit card fraud, or stealing one’s bitcoin wallet address.
Attacks On Integrity: This attack aims to corrupt, damage, or destroy data or system; likewise to sabotage those who rely on them.
Availability Attack: Where the threat prevents the user from accessing their data. In most cases, attacks on availability come in the form of ransomware and denial of service attack. On the side of ransomware, it encrypts a user’s data and seeking a ransom before decrypting it.

How to Protect Your Data From Cyber Attacks

Just above, we listed about seven different types of a cybersecurity attack, but you don’t know yet how to protect yourself from those attacks, aside from partnering with cybersecurity companies. As a result, I will be listing for you an expert’s recommendation on the ways you can protect yourself from any form of cyberattacks. They include;

  • Using strong passwords to minimize or eliminate phishing attacks
  • Updating your antivirus software continuously for protection against social engineering techniques
  • You should purchase an extra bandwidth so that you can manage increased traffic, which will help counter denial of service attack
  • Avoid disclosing your sensitive information, should you receive malicious mail to your inbox
  • Educating your end-users can go a long way to protect them from tampering attacks
  • Consider using drive locks to encrypt hard drives and prevent most hardware related malicious attack.

That’s it! Now, using these factors about, we can go ahead and list the 10 best cybersecurity companies of 2022 following the emergence of so many cybersecurity companies, who bid to combat the increasing cyber threats.

The 10 Leading Cybersecurity Companies Of 2022

The following are the ten best cybersecurity companies of 2022 that you can count on for information security and risk management needs.

1. Fortinet

Fortinet has been continuously building a reputation as one of the top cybersecurity companies around the globe. The Fortinet Security Fabric platform provides true integration and automation across an organization’s security infrastructure by delivering unparalleled protection and visibility to every network segment, device, and appliance, whether virtual, in the cloud, or on-premises.

Best Cybersecurity Companies Of 2022

It boasts of industry-leading threat intelligence in FortiGuard Labs – the threat intelligence and research organization at Fortinet that develops, innovates, and maintains one of the most recognized and seasoned AI and machine learning systems in the industry.

From the announcement released in December 2019, Fortinet Secure SD-WAN can now scale up to 100,000 SD-WAN sites and has also been adopted by over 21,000 organizations. Meanwhile, the cybersecurity company has extended the integration of its cloud security portfolio with Google Cloud to offer customers migrating to Google Cloud Platform (GCP) advanced security for workloads and applications.

Fortinet was founded in 2000, and it’s headquartered at Sunnyvale, California, USA. It generates annual revenue of $2.15 billion, and it has been named at the top place by Gartner in unified threat management (UTM). Also, Fortinet is recommended in 9 out of 9 NSS Labs tests and the only recommended vendor for SD-WAN to have a security rating, which makes it top our list of the best cybersecurity companies.

2. KnowBe4

KnowBe4 is one of the industry-leading cybersecurity companies that specializes in the security awareness training sector. According to Gartner, KnowBe4 has risen from Niche Player a couple of years back to being the number one in security training. While Cybersecurity Ventures ranks it so high as one of the fastest-growing cybersecurity companies and it has great customer satisfaction too.

It is also the world’s most popular integrated platform for security awareness combined with simulated phishing attacks. The cybersecurity company also helps you and their over 20,000 users manage the growing problem of social engineering.

Like you and I know that the challenges of creating and running an awareness program vary depending on the number of employees, KnowBe4, can thus, help suggest the best security practices for you and your organizations or enterprise. On the other hand, it offers you free IT security tools, which can help you to identify the problems of social engineering, spear-phishing, and ransomware attacks.

KnowBe4 was founded in 2010 and its headquarters at Clearwater, Florida, USA. The annual revenue is privately held, and as such we cannot review it.

3. Cisco

Cisco is one of the best cybersecurity companies that focus on threat protection and network security, with its cybersecurity products enabling you to detect and stop cyber threats. Over time, Cisco has expanded their security products, introducing firewalls, intrusion prevention systems (IPS), unified threat management (UTM), malware protection, cloud security, email security, router security, and more.

The cybersecurity company has technical and advisory services to help you achieve the best results in your quest for information and data security. Although Cisco doesn’t particularly rank high on Gartner Magic Quadrants, it’s rated as a Challenger in secure web gateways and UTM, while also making it into the Leaders quadrant on NGFW.

Towards the end of 2019, Cisco unveiled a bold vision for a new, more secure internet, and a new silicon architecture is known as Cisco Silicon One, dubbed the only networking silicon architecture of its kind. Again, they released Cisco 8000 Series – carrier-class routers built on the new silicon. Together with their tighter integration and partnerships with AWS, Cisco was able to rank high on our list of the best cybersecurity companies of 2022.

Cisco was founded in 1984 and had its headquarters at San Jose, California, USA. It rakes up annual revenue of $49.33 billion.

4. Microsoft

Microsoft has quietly built up a large security portfolio that protects, detects, and responds to cyber threats. The security portfolio includes Active Directory for identity and access management, Windows Defender, Azure cloud security services such as Security Center, Key Vault, Azure DDoS Protection, Azure Information Protection and Application Gateway for protecting Web applications.

Cybersecurity companies like Microsoft can help you facilitate the detection and removal of malware; likewise, rectify and subsequently prevent cyber attacks. Microsoft has a quality overall analyst rating when it comes to cybercrime defence. Plus Gartner placed it as a leader in its Magic Quadrants for endpoint protection and access management. It also features in the Cybersecurity 500 list of the best cybersecurity companies according to Cybersecurity Ventures.

Microsoft uses monitoring and analytics tools to identify attacks at all perimeters and equally provides various platforms for fighting cybercrime. For instance, windows defender, office 365, security compliance centres, etc. The company was founded in 1975 and had its headquarters at Redmond, Washington USA. And has an annual revenue of $110.360 billion.

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5. IBM

IBM features in the Cybersecurity 500 list of the best cybersecurity companies according to Cybersecurity Ventures. It offers varieties of cybersecurity solutions, including Security Information and Event Management (SIEM), orchestration and incident response platform, cloud security, and many more.

IBM Cybersecurity Company

The company is well known for enterprise IT security solutions that confidently faces cybersecurity threats to protect the faces behind the data. IBM’s Artificial Intelligence resource can identify cyber threats 60x faster and can even detect and stop advanced threats.

IBM has recently added IBM Cloud Park to protect data wherever it resides together with the addition of AI features to its cloud identity solution. It also teamed up with Nozomi Networks to better secure industrial infrastructure, while it deploys security innovations to reduce the cost and complexity of IT security.

Founded in 1911, the big-name cybersecurity company is one of the oldest company in the cybersecurity industry out there. It’s headquartered in Armonk, New York, USA and has an annual revenue of $77.898 billion.

6. Palo Alto Networks

Palo Alto Networks’ annual revenue at $2.27 billion may not be in any way near those of Microsoft and IBM. Still, like Fortinet, the cybersecurity company that was founded in 2005 is very much on the rise. It makes Gartner top list for its NGFW Magic Quadrants, and it has good customer satisfaction ratings. Plus Palo Alto boasts of over 50,000 customers out of which more than 85 are of the Fortune 100.

Recently, the company acquired micro-segmentation specialist Aporeto and equally built a closer relationship with Google Cloud. However, its only negative review comes from a few earning issues and an internal security breach. But in general, Palo Alto Networks is one of the best cybersecurity companies at the moment with their focus basically centred on the next-generation firewall, UEBA, cloud security, endpoint protection, threat detection and prevention, and application framework.

7. McAfee

This cybersecurity company is categorically for consumer antivirus and privacy protection, identity theft prevention, IDPS, web gateways, mobile security, enterprise cloud security, data protection, encryption, endpoint security, network security, security management, server security, SIEM, and web security.

McAfee has been of the game changers among the cybersecurity companies for a long time now. Although the company does not dominate in any particular share of the market, its versatility has given it an edge to make this our list.

Moreover, it has decent customer satisfaction ratings as well as a close partnership with Google Cloud. There could also be plans for a merge with Norton security on the cards.

McAfee was founded in 1987 and has its headquarters at Santa Clara, California, USA. We cannot review its annual revenue because it’s privately held.

8. CyberArk

Rooted for privileged access security, CyberArk provides cybersecurity solutions that protect the most critical and high-value assets. With CyberArk, you can swiftly maintain your business continuity plans by reducing risks associated with remote user access.

CyberArk -Best Cybersecurity Companies Of 2022

Gartner named it a Leader in the 2020 Magic Quadrant for PAM and also has good customer satisfaction. CyberArk’s product category includes workforce access management with SSO, MFA, and lifecycle management, privileged access management, secrets management for applications, tools, Containers and DevOps.

CyberArk also reduces the risk of endpoint attacks effectively making it feature in the Cybersecurity 500 list for the best cybersecurity companies by Cybersecurity Ventures. Like you, cybersecurity attackers stay inside your system undetected looking for unsecured privileged accounts and credentials to attack. However, CyberArk works to protect your enterprise from the expanding attack space by locking down the privileged access.

9. Mimecast

Mimecast offers you the opportunity to make your email, web, people, and data more secure with their cloud-based resilience platform. It improves the way companies manage confidential, mission-critical business communication, and data. Mimecast’s top mission is to reduce the risks users face from email and support in reducing the cost and complexity of protecting users by moving the workload to the cloud.

On the other hand, the company aims to make it easier for people to protect their business in today’s fast-changing security and risk environment. And to ensure on top of the game as one of the best cybersecurity companies of today, Mimecast expanded its technology portfolio in 2019 through a pair of acquisitions. Firstly, they bought data migration technology provider Migrate to help customers and prospects to move to the cloud in a more quick, reliable, and inexpensive manner.

Secondly, the company purchased email security startup DMARC protection to stop direct domain spoofing and supply chain impersonation attacks. Recently, Mimecast acquired Segasec, a leading provider of digital threat protection. Now with Segasec, Mimecast can provide brand exploit protection using machine learning to identify potential hackers at the earliest stage of an attack. It is undoubtedly one of the best cybersecurity companies out there and a proud #1 companion to Microsoft 365.

10. Splunk

The final pick in our list of the best cybersecurity companies is Splunk. The company focuses basically on security analytics, SIEM, user behaviour analytics (UEBA), ransomware prevention, and security automation.

At first, the company is based in the IT Service Management (ITSM) market but has now expanded from ITSM into security and operations management. The company is called upon by many to perform security analytics and for SIEM. Splunk also scores high in Gartner’s Magic Quadrants for SIEM and equally has good customer satisfaction ratings.

It might not be huge in terms of revenue generations. Still, a recent surge in its rate of expansion together with the unveiling of a strong data-to-everything strategy, suggests that it will gather further market share from security incumbents.

Splunk was founded just founded in 2003 and had its headquarters at San Francisco, California with annual revenue of $1.27 billion.

Take Away

This list features the leading cybersecurity companies of the moment with our selection based on their range of products, Gartner Magic Quadrant reports, Gartner Peer Review ratings, annual revenue, and among other ranking factors.

While this list could easily go on and on, we just decided to make it more concise for consumers. In all, cybersecurity is much needed in every organization as cyber threats are skyrocketing daily because no one would want attacks on their confidential data. So to stay secure with your sensitive data and easily manage risks, you show choose any of the cybersecurity company in this our list.

Thanks for reading and feel free to share your thoughts with us via our comments section below!

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