10 Top Cybersecurity Companies of Q1 2017

The cybersecurity industry is a quickly expanding market, growing in response to the rapidly developing need for computer security. According to Cybersecurity Ventures, cybercrime damage costs are expected to grow to $6 trillion each year by 2021, and the global industry is forecast to reach $1 trillion by 2021 – and that is a conservative estimate.
Here, the Investing News Network profiles the top 10 cybersecurity companies on the Cybersecurity 500 list for Q1 2017. The companies that have been included in our top 10 list are publicly listed ones:

1. root9B (NASDAQ:RTNB)
2. Mimecast (NASDAQ:MIME)
3. FireEye (NASDAQ:FEYE)
4. Lockheed Martin (NYSE:LMT)
5. Sophos (LSE:SOPH)
6. Symantec (NASDAQ:SYMC)
7. IBM Security (NYSE:IBM)
8. Cisco (NASDAQ:CSCO)
9. BAE Systems  (LON:BA)
10. CyberArk Software (NASDAQ:CYBR)

root9B

Consistently ranked first on the Cybersecurity 500, root9B is a cybersecurity consulting and operational support firm wholly-owned by root9B Technologies (NASDAQ:RTNB). root9B’s clients are both businesses  and government agencies. Services include a manned information security solution, remote defence and threat intelligence services, training, and traditional solutions such as vulnerability assessment, cyber policy assessment and malware analysis.
In response, root9B CEO Eric Hipkins said, ”root9B is extremely proud to remain as the #1 company on the Cybersecurity 500 for the fifth consecutive quarter. Our team continues to set the standard in the Manned Information Security and Adversary Pursuit Operations (HUNT) market. This consistent ranking adds further confidence that our approach is the critical model needed to defend our current and future clients.”

Mimecast

Mimecast is ranked #5 on the Cybersecurity 500. The company is focused on email and data security and protects organizations from spear-phishing, malware, data leaks, data loss and downtime. Mimecast launched an analysis report called Mimecast Email Security Risk Assessment in February.

FireEye

Ranked #6 on the Cybersecurity 500, FireEye combats cyberattacks with cloud- and software-based services. The company has over 5,300 customers across 67 countries, which includes 825 of the Forbes Global 2000. In February, the company announced enhancements to its endpoint security solution.

Lockheed Martin

Lockheed Martin, ranked #7, is a global security and aerospace company that has a full spectrum of cyber capabilities. The company has developed a proprietary Cyber Kill Chain framework that is set to identify and prevent cyber intrusions.

Sophos

Headquartered in Oxford, UK, Sophos is ranked #8 on the Cybersecurity 500. The company offers complete security solutions using encryption and endpoint security. In February, the company launched Sophos Mobile 7, which is the latest version of its Enterprise Mobility Management solution.

Symantec

Symantec is ranked #9 on the Cybersecurity 500. This Fortune 500 company operates one of the world’s largest cyber intelligence networks. In March, Symantec announced that it has formed a separate entity, Symantec Ventures, that aims to help cybersecurity startups.

IBM Security

IBM Security is ranked #12 on the Cybersecurity 500. IBM protects businesses using a customized enterprise security portfolio to disrupt new threats, deploy security innovations and reduce the cost and complexity of IT security.

Cisco

Ranked #13, Cisco has a suite of cybersecurity products and services to detect and stop threats. In March, the company announced new capabilities for its HyperFlex Systems portfolio.

BAE Systems

Global defense, aerospace and security company BAE Systems is ranked #15. The company provides advanced technology defence, and security solutions to governments as well as commercial markets. In February, the company reported its financial results for 2016.

CyberArk Software

Last of the top 10 public companies within the Cybersecurity 500 is CyberArk. Headquartered in Israel and Massachusetts, the company’s unique focus is on threats using insider privileges to attack the enterprise. In February, the company announced that it was awarded Best Identity Management Solution by the SC Awards.
 
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This is an updated version of an article first published on July 3, 2016 on the Investing News Network.
Securities Disclosure: I, Pia Rivera, hold no direct investment interest in any company mentioned in this article.

This article is updated quarterly. Please scroll to the top for the most recent information.

Top Cybersecurity Companies in Q3 2016:

While many of the world’s top cybersecurity companies are private, their innovations offer investors with a glimpse in the direction the market is taking and can provide insight on potential future investment opportunities. Without further ado, here are the 5 top companies operating in the space today, unchanged from the last quarter:

• root9B
• Herjavec Group
• IBM Security
• Check Point Software Technologies
• Palo Alto Networks

Read on to glean more detailed insight into what makes these major players stand out.

root9B

Ranked #1 on Cybersecurity 500 for Q4 2016 is root9B, a cybersecurity consulting and operational support firm wholly-owned by root9B Technologies (OTCQB:RTNB), a cybersecurity and regulatory risk mitigation services provider. root9B’s clients range from Fortune 100 companies to mid-sized businesses in industries that include local, state and government agencies.

Herjavec Group

Herjavec Group is a Toronto-based company focused on providing SOC 2 Type 2 certified Managed Security Services to enterprise customers. Herjavec Group has climbed the Cybersecurity 500 steadily–from #23 in 2015, #10 in January 2016, to #2 in August 2016.

IBM Security

IBM Security (NYSE:IBM) is ranked #3 on the Cybersecurity 500. IBM protects businesses using a customized enterprise security portfolio to disrupt new threats, deploy security innovations and reduce the cost and complexity of IT security.

Check Point Software Technologies

Ranked #4 is Tel Aviv, Israel-based Check Point Software Technologies (NASDAQ:CHKP). Check Point protects over 100,000 organizations from cyberattacks using complete security architecture in addition to the most comprehensive and intuitive security management.

Palo Alto Networks

Fifth on the Cybersecurity 500 list is Santa Clara, California-based Palo Alto Networks (NYSE:PANW), a pioneer in network security. Palo Alto’s Next-Generation Security Platform delivers visibility and control over applications, users, and content within the firewall using a highly optimized hardware and software architecture.
Don’t forget to follow us @INN_Technology for real-time news updates.
This is an updated version of an article first published on July 3, 2016 on Cybersecurity Investing News. 

Securities Disclosure: I, Pia Rivera, hold no direct investment interest in any company mentioned in this article.