10 Top Cybersecurity Companies

The cybersecurity industry is quickly expanding in response to the need for increased computer security. Here are the 10 top publicly traded cybersecurity companies according to the Cybersecurity Ventures 500 list.

top-cybersecurity-companies

The cybersecurity industry is a quickly expanding market, growing in response to the rapidly developing need for computer security. On that thought, a Cybersecurity Ventures Report suggests cybercrime damage costs are expected to grow to $6 trillion each year by 2021, while the global industry is projected to reach $1 trillion by 2021.

Like the report highlights, plenty of new cybersecurity companies are coming onto the scene, including mergers and agreements, as well as investments and initial public offering activities. In sum, the release states that these additions are “constantly changing the vendor and service provider landscape.”

With that in mind, here, the Investing News Network (INN) profiles the 10 top public cybersecurity companies on the most recent Cybersecurity 500 list.  The companies below are publicly traded across a range of stock exchanges. Private companies from the list were not included below, therefore the list numbers do not match the Cybersecurity 500 list, but all are in consecutive order.

1. IBM Security (NYSE:IBM)

Market cap: $140.58 billion; current share price: $149.30

IBM Security retained the second spot on the Cybersecurity 500 list, and is first on this list. Under its parent company, IBM, IBM Security protects businesses using a customized enterprise security portfolio to disrupt new threats, deploy security innovations and reduce the cost and complexity of IT security.

IBM Security’s primary services include: security intelligence and analytics; identity and access management; application security; advanced fraud protection; data security and privacy; and infrastructure protection.

2.  Raytheon Company (NYSE:RTN)

Market cap: $62.20 billion; current share price: $211.61

Next on the top cybersecurity companies list is Raytheon Company, who is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. Raytheon Company operates Raytheon Cyber, which provides a number of managed services, including: cybersecurity assessments, virtual security operations center, digital forensics and incident response, as well as managed detection and response. Raytheon Company also operates Forcepoint, formerly known as Raytheon Websense, is number 12 on the Cybersecurity 500 top cybersecurity companies.

3. Mimecast (NASDAQ:MIME)

Market cap: $2.04 billion; current share price: $34.61

Mimecast is ranked #5 on the Cybersecurity 500 top cybersecurity companies, but third for the purposes of this list. Mimecast is focused on email and data security and protects organizations from spear-phishing, malware, data leaks, data loss and downtime. In June 2017 it announced the launch of the Mimecast Case Review App to its Mimecast Email Archiving service. Since then the company has announced it has expanded its workforce in both New Zealand and Australia.

4. Cisco (NASDAQ:CSCO)

Market cap: $206.57 billion; current share price: $41.14

Next on the top cybersecurity companies list is Cisco, who is still ranked #7th on the Cybersecurity 500 list. Cisco has a suite of cybersecurity products and services to detect and stop threats.

More specifically, those products range from advanced malware protection; next generation firewalls; security management; cloud security; next generation prevention systems; VPN security clients; email security; policy and access; web security; network visibility and enforcement; and router security, to name a few.

5. Sophos (LON:SOPH)

Market cap: GPB $2.00 billion; current share price: GPB$428.30

Headquartered in Oxford, UK, Sophos  climbed to eighth  position from its formerly ranked 10th on the Cybersecurity 500. The company offers complete security solutions using encryption and endpoint security. 2017, The company announced its partnership with Konica Kinolta in June 2017 to integrate Sophos XG Firewall and Sophos Wireless into Workplace Hub. In March of 2018, the company announced Synchronized App Control, a feature of its XG Firewall product.

6. Lockheed Martin (NYSE:LMT)

Market cap: $96.36 billion; current share price: $332.21

Ranked 10th on the Cybersecurity 500 list is Lockheed Martin.  Lockheed is a security and aerospace company with headquarters in Bethesda, Maryland. The company is engaged in research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

Lockheed announced in March of 2018 that it had a successful launch of two of its Trident II D5 Life Extension missiles, resulting in the certification of a submarine for patrol.

7. BAE Systems (OTCMKTS:BAESY)

Market cap: $26.12 billion; current share price: $32.77.30

Next on the list of top cybersecurity companies is BAE Systems, a global defense, aerospace and security company. BAE provides advanced technology defence, and security solutions to governments as well as commercial markets.

More specifically, BAE Systems operates through five segments: the electronic systems; the cyber and intelligence systems; intelligence and security systems; applied intelligence; and the platforms and services.

8. CyberArk Software (NASDAQ:CYBR)

Market cap: $1.79 billion; current share price: $49.92

While CyberArk Software is 15th on the Cybersecurity 500 list, for the purposes of this top cybersecurity companies list, CyberArk ranks 8th. Headquartered in Israel and Massachusetts, the company’s unique focus is on threats using insider privileges to attack the enterprise.

Much like the companies listed above, CyberArk Software has a range of products and services, including: CyberArk-Conjur; shared technology platform; enterprise password vault; SSH key manager; privileged session manager; privileged threat analytics; application identity manager; on-demand privileges manager; endpoint privilege manager.

9. Rapid7 (NASDAQ:RPD)

Market cap: $1.18 billion; current share price: $24.93

Ranked 17th on the Cybersecurity 500 list, Rapid7 provides analytics for security and information technology (IT) operations that allow companies to implement analytics-driven approaches to cybersecurity and IT operations.

Rapid7’s products include: InsightVM; InsightIDR; AppSpider; Metasploit; and InsightOps.

In March 2018, Rapid7 was recognized in a vulnerability risk management report as a leader in the space by Forrester Research, an independent research firm.

10. Palo Alto Networks (NYSE:PANW)

Market cap: $16.97 billion; current share price: $183.39

Closing out the 10 top cybersecurity companies list is Palo Alto Networks, who comes in 18th on the Cybersecurity 500 list.

Palo Alto Networks’ security platform operates through three elements: Next-Generation Firewall, Advanced Endpoint Protection and Threat Intelligence Cloud. The company’s Next Generation Security Platform was built for breach prevention  with threat information shared across a range of security functions that can operate over mobile networks.

Which cybersecurity company would you invest in?

Don’t forget to follow us @INN_Technology for real-time news updates!

This is an update to an article originally published in 2017.

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

Related reading:

10 Top Cybersecurity Companies of Q1 2017

Get the Latest Cybersecurity Investing Stock Information

Get the latest information about companies associated with Cybersecurity Investing delivered directly to your inbox.

Cybersecurity

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Comments
  • As Cyber Security market is quickly expanding, New Companies will follow the footsteps of those top 5 Cyber Security Companies.

    Reply
  • Thank you for listing these top Cyber security companies.As we know cyber security companies are expanding day by day for security purposes for small and large business enterprises. I would also like to add Transputec Ltd as a security service provider in this list . We are using there cyber security services since 2005 for our business.

    Reply
    • Transputec looks like an interesting company Matt, but we focus on companies that our audience can consider investing in. Doesn’t look to me like Transputec is a public company.

      Reply
  • Any idea why ManTech was left out of the cybersecurity500? They’ve been hiring a lot recently and got awarded large government contracts.

    Reply
  • Sorry, but this list is TOTALLY WRONG!!!

    BlackBerry is the #1 CyberSecurity company in the WORLD!!! It should not be listed as #34 !!! That’s TOTAL CRAP! The person who compiled this list should be LINED UP and SHOT!!!

    BlackBerry’s common shares are listed on the NASDAQ Stock Market (NASDAQ: BBRY) and the Toronto Stock Exchange (TSX: BB).

    Reply
    • Jocelyn

      Hi, Snert.

      Cybersecurity Ventures compiled the Cybersecurity 500 list. Here at INN we took the 10 top publicly traded ones from the list to write the article.

      Thank you,
      Jocelyn

      Reply
  • Which company uses miniaturized cyber drones especially on the battlefield. I believe they’re using some sort of nano tech. I would invest in the cyber company that utilizes this sort of technology.

    Reply
  • Hey, great and appreciable list but i think you just skipped Clavax technologies in this list. It is one among the leading IT firms in Sydney offering dominant security against cyber attackers and hackers. You can have a look at website also :- http://www.clavax.com.au/cyber-security

    Reply

Leave a Reply