Top 25 Cybersecurity Companies to Watch in 2016

Kim Wright

Cybersecurity Ventures recently announced its Q3 2016 Cybersecurity 500, a directory of the 500 hottest and most innovative cybersecurity companies to watch this year. According to Steve Morgan, founder and CEO of Cybersecurity Ventures, thousands of potential companies were considered by soliciting feedback from CISOs and end-user security practitioners and researching hundreds of security events and news sources.

After numerous high-profile breaches both in the public and private sectors, cybersecurity has become a never-ending, mission-critical topic that all organizations must contend with. According to Cybersecurity Ventures’ "Cybersecurity Market Report," worldwide spending on cybersecurity-related products and services is expected to top $1 trillion for the 2017 to 2021 timeframe. Given the continually evolving nature of cyber attacks, it's imperative that organizations remain up to date on the latest security capabilities and offerings.

The companies on this list were evaluated on their security market category, problems solved, customer base, feedback, VC funding, company growth, published reviews, among other factors. The Cybersecurity 500 does not rank companies by revenues, employees, or annual growth. "We didn't think a list of the largest cybersecurity companies would be very useful to our target audience of cyber and IT security decision makers, evaluators, and recommenders," said Morgan. "They already know who the biggest vendors are."

Beyond choosing the best company for your needs, you should know the basics of managing your information assets in this age of cyberespionage. ... Our guide to cyberthreat prevention will show you how to reduce your risk of information loss, deal with employees leaving to join a competitor, and manage your data on the Internet or in the cloud.

    Here we've highlighted the top 25 companies from the Cybersecurity 500 for the third quarter of 2016:

    1. root9B

    root9B is a provider of cybersecurity and advance technology training capabilities, operational support and consulting services. The company is dedicated to the delivery of solutions and services based on technical innovation and professional excellence. root9B's workforce consists of U.S. military and law enforcement veterans with extensive experience in providing advanced technology solutions. 

    Sector: Cybersecurity Consulting and Operational Support
    Corporate HQ: Colorado Springs, Colo.

    2. Herjavec Group

    Dynamic IT entrepreneur Robert Herjavec, founded Herjavec Group in 2003, which quickly became one of North America's fastest-growing technology companies, accelerating from $400K to $140 million in sales annually over 12 years. The company delivers managed security services globally supported by a state-of-the-art, PCI compliant Security Operations Centre (SOC), operated 24/7/365 by certified security professionals. This expertise is coupled with a leadership position across a wide range of functions including compliance, risk management, networking and incident response.

    Sector: Information Security Service
    Corporate HQ: Toronto, Canada

    3. IBM Security

    As a global leader in IT security, IBM offers the strategies, capabilities, and technologies necessary to help agencies preemptively protect Web applications from threats and address the complexities and growing costs of security risk management and compliance.


    Sector: Enterprise IT Security Solutions
    Corporate HQ: Waltham, Mass.

    4. Check Point Software

    Since 1993, Check Point has been dedicated to providing customers with uncompromised protection against all types of threats, reducing security complexity and lowering total cost of ownership. The company's mission is to stay focused on customer needs and develop solutions that redefine the security landscape.

    Sector: Unified Threat Management
    Corporate HQ: Tel Aviv, Israel

    5. Palo Alto Networks

    Palo Alto Networks' security platform natively brings together all key network security functions, including advanced threat protection, firewall, IDS/IPS, and URL filtering. Because these functions are natively built into the platform and share important information across the respective disciplines, it ensures better security than legacy firewalls, UTMs, or point threat detection products.

    Sector: Threat Detection and Prevention
    Corporate HQ: Santa Clara, Calif.

    6. Cisco

    Cisco security innovations provide highly secure firewall, Web and email services, while helping to enable mobility and teleworking. Cisco security products include access control and policy, advanced malware protection, email security, firewalls, network security, NGIPS, security management, VPN and Web security.

    Sector: Threat Protection and Network Security
    Corporate HQ: San Jose, Calif.

    7. Fortinet

    Fortinet protects networks, users and data from continually evolving threats. As a global leader in high-performance network security, the company enables businesses to consolidate and integrate stand-alone technologies without suffering performance penalties. Fortinet solutions empower customers to embrace new technologies and opportunities while protecting essential systems and content.

    Sector: Enterprise Security Solutions
    Corporate HQ: Sunnyvale, Calif.

    8. BAE Systems

    BAE Systems consulting services help clients prepare for cyber attacks by understanding and managing cyber exposure, enabling them to make informed investment decisions and to put pragmatic, cost-effective protection in place.

    Sector: Cybersecurity Risk Management
    Corporate HQ: Surrey, U.K.

    9. FireEye

    FireEye has invented a purpose-built, virtual machine-based security platform that provides real-time threat protection to enterprises and governments worldwide against the next generation of cyber attacks.

    Sector: Advanced Threat Protection
    Corporate HQ: Milpitas, Calif.

    10. Sera-Brynn

    Sera-Brynn is a cybersecurity firm and PCI QSA dedicated to helping clients secure their computing environments and meet applicable mandatory industry and government compliance requirements.

    Sector: Cyber Risk Management
    Corporate HQ: Suffolk, Va.

    11. Clearwater Compliance

    Clearwater Compliance helps health care organizations ensure patient safety and improve the quality of care by safeguarding the confidentiality, integrity and availability of protected health information (PHI). The company has assisted more than 400 customers to operationalize and mature their information privacy, security, compliance and information risk management programs.

    Sector: Risk Management and Compliance
    Corporate HQ: Nashville, Tenn.

    12. Gigamon

    Gigamon provides an intelligent Visibility Fabric™ architecture for enterprises, data centers and service providers around the globe. Gigamon technology empowers infrastructure architects, managers with pervasive and dynamic intelligent visibility of traffic across both physical and virtual environments without affecting the performance or stability of the production network.

    Sector: Data Center and Cloud Security
    Corporate HQ: Milpitas, Calif.

    13. RSA

    RSA, the security division of EMC, is a provider of intelligence-driven security solutions. RSA helps organizations solve their security challenges: managing organizational risk, safeguarding mobile access and collaboration, preventing online fraud, and defending against advanced threats.

    Sector: Intelligence Driven Security
    Corporate HQ: Bedford, Mass.

    14. Symantec

    Founded in 1982, Symantec has evolved to become a global leader in cybersecurity, with more than 11,000 employees in more than 35 countries. Operating one of the world's largest cyber intelligence networks, Symantec sees more threats and protects millions of customers from the next generation of attacks.

    Sector: Endpoint, Cloud and Mobile Security
    Corporate HQ: Mountain View, Calif.

    15. Mimecast

    Mimecast delivers cloud-based email management for Microsoft Exchange, including archiving, continuity and security. By unifying disparate and fragmented email environments into one holistic solution that is always available from the cloud, Mimecast minimizes risk and reduces cost and complexity, while providing total end-to-end control of email.

    Sector: Email Security
    Corporate HQ:
    Watertown, Mass.

    16. Sophos

    Sophos began producing antivirus and encryption products nearly 30 years ago. Today, the company's products help secure the networks used by 100 million people in 150 countries and 100,000 businesses. As IT networks grow in complexity, Sophos focuses on keeping IT security simple and reliable.

    Sector: Antivirus and Malware Protection
    Corporate HQ: Abingdon, UK

    17. Rapid7

    Rapid7's IT security solutions deliver visibility and insight that help organizations make informed decisions, create action plans, monitor progress and simplify compliance and risk management. Over 2,500 enterprises use Rapid7's simple, innovative solutions. Its free products are downloaded over one million times per year and are enhanced by more than 200,000 open source security community members.

    Sector: Security Data and Analytics Solutions
    Corporate HQ: Boston, Mass.

    18. Thycotic

    Thycotic is a global leader in next-generation IT security solutions that protect organizations again cyber attacks that use privileged accounts to strike at the core of the enterprise.

    Thycotic, a global leader in next-generation enterprise password management, delivers an indispensable, comprehensive privileged-account-management solution to protect your "keys to the kingdom" from cyber attacks and insider threats.

    Sector: Privileged Account Management
    Corporate HQ: Washington, D.C.

    19. IKANOW

    In the 2000s, the concept for IKANOW was formed around the following questions:

    • Why is it so hard to put data into my analytical tools?
    • Why do SIEM tools break down with large volumes of data?
    • Why are SIEM tools and analytical tools so expensive relative to value?
    • Why are most cyber and risk analytics platforms proprietary and closed?
    • Why is there not an open network of analytical professionals all working together?

    While IKANOW was crafted around these core questions, the company has since grown and has created additional cyber-threat intelligence, risk management, and SIEM tools, but the focus has not changed.

    Sector: Information Security Analytics
    Corporate HQ: Reston, Va.

    20. CyberArk

    CyberArk is laser-focused on taking down targeted cyber threats, especially those that make their way inside to attack the heart of the enterprise. Dedicated to stopping attacks before they stop business, CyberArk is trusted by many of the world's leading companies – including more than 35 percent of Fortune 100 companies – to protect their highest-value information assets, infrastructure and applications.

    Sector: Cyber Threat Protection
    Corporate HQ: Petach-Tikva, Israel

    21. Digital Defense

    Founded in 1999, Digital Defense, Inc. is a provider of managed security risk assessment solutions, protecting billions of dollars in assets for small businesses to Fortune companies in over 65 countries.

    Sector: Managed Security Risk Assessment
    Corporate HQ: San Antonio, Texas

    22. Proofpoint

    Proofpoint helps companies protect and govern their most sensitive business data by providing an innovative security-as-a-service solution that protects data from attacks and enables organizations to effectively meet complex and evolving regulatory compliance requirements.

    Sector: Security as a Service
    Corporate HQ: Sunnyvale, Calif.

    23. Code Dx

    Code Dx is a software assurance analytics tool that consolidates and normalizes vulnerabilities detected by disparate code analysis tools. Its visual analytics help you triage and prioritize your software's vulnerabilities for efficient remediation.

    Sector: Software Assurance Analytics
    Corporate HQ: Northport, N.Y.

    24. Nexusguard

    As a longtime leader in DDoS defense, Nexusguard is at the forefront of the fight against malicious Internet attacks, protecting organizations worldwide from threats to their websites, services, and reputations. Continually evolving to face new threats as they emerge, the company has the tools, insight, and know-how to protect clients' vital business systems no matter what comes their way.

    Sector: Cloud Enabled DDoS Mitigation
    Corporate HQ: San Francisco, Calif.

    25. BT

    BT provides a full range of cybersecurity consultancy and services. They conduct ethical hacking exercises to identify weaknesses, and then undertake continuous vulnerability scanning and threat monitoring.

    Sector: Security and Risk Management Solutions
    Corporate HQ: London, UK



    Add Comment      Leave a comment on this blog post
    Feb 22, 2017 1:26 PM DeVos DeVos  says:
    "Here we've highlighted the top 25 companies from the Cybersecurity 500 for the third quarter of 2016:" "POSTED 21 FEB, 2017" I'm confused. How are we supposed to watch for the top 25 companies in 3rd quarter of 2016 when it is 2017? Reply
    Feb 27, 2017 4:56 PM  says: in response to DeVos
    We'll post the 2017 list to this same URL any day; stay tuned. Reply

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