Top 10 CyberSecurity Companies in 2023

Cybersecurity is the trending domain of the IT industry. As per the reports, people spend around $70 – $80 Billion on cybersecurity and considering the increase in the number of cyber-attack incidents, the demand graph for CyberSecurity may rise exponentially in the future. Even in the last 5-10 years, you have heard about many major cyber attacks such as – Adobe Cyber Attack, JP Morgan Chase Data Breach, Target Stores Data Breach, and many more. So, Cyber Security consists of strategies or methodologies that are used to protect the systems over the internet from such attacks or threats. 

Top Cybersecurity Companies in 2023:

Cybersecurity not only protects your system and data from unauthorized access but also offers many other features like increased productivity, building trust factor among users, and reducing the chances of your network going down. Now, you must be curious to know – Who are the top giants leading this Industry? Okay, in this article, we will let you know about the Top 10 CyberSecurity Companies in 2023 based on various factors such as revenue generation, product & service quality, etc.

1. Cisco

Cisco System Inc., headquartered in San Jose (California), is one of the leading companies across the world that provides IT, networking, and cybersecurity solutions. Cisco was founded in 1984 by Leonard Bosack and Sandy Lerner who were computer scientists from Stanford University. Cisco’s products and services target 3 market areas – enterprise, service provider, midsize and small business. Some of the major Cybersecurity Services / Products offered by Cisco are listed below:

• Next-Generation Firewalls
• Malware protection
• Email security
• Endpoint security
• Cloud Security
• Multi-factor authentication
• Security services

The company has an Annual Revenue of around US $51 Billion. It has around 80,000 – 85,000 employees and is ranked 6th in Fortune 100 Best Places to Work (2019) list. Cisco offers jobs and career opportunities in various domains – Engineering, Professional Services, Sales & Marketing, Corporate Services, and Operations & Support. The company pays its employees an average of around 11-14 Lakh Per Annum which ranges from an average of around 5-6 Lakh Per Annum to 24-28 Lakh Per Annum. Apart from the jobs, the company also conducts exams to provide very beneficial Networking Certifications.

2. Sophos

Sophos Group plc is a security software and hardware company headquartered in Abingdon, England. The company was founded by Jan Hruska and Peter Lammer in 1985. Sophos is primarily concerned with providing security software to the market. The company develops various products for communication endpoint, encryption, email security, mobile security, network security, and unified threat management. Some of the major Cybersecurity Services and Products offered by Sophos are listed below:

• Intercept X (Endpoint protection with AI)
• XG Firewall (Next-Gen Firewall)
• Cloud Optix (Public cloud visibility and threat response)
• Sophos Central
• Sophos Email
• Sophos Wireless
• Sophos Mobile/Wireless
• Secure Web Gateway
• SafeGuard Encryption

The company has an Annual Revenue of around $700 Million. It has around 4500 employees and is providing services to around 400,000 organizations in more than 150 countries to prevent them from any kind of cyber threats. Sophos provides you with various career opportunities in core CyberSecurity domains such as – Threat Researcher, Software Engineer, Lab Manager, etc. Apart from this, the company also offers jobs in other streams like Channel Manager, Sales Engineer, Compliance Analyst, Commercial Counsel, etc. The company pays its employees an average of around 19 Lakh Per Annum which ranges from an average of around 8-10 Lakh Per Annum to 35-40 Lakh Per Annum based on different profiles.

3. Trend Micro

Trend Micro Inc., globally headquartered in Tokyo (Japan), is one of the leading cybersecurity and defense companies. The company was founded in 1988 by Steve Chang, Jenny Chang, and Eva Chen. Trend Micro provides enterprise security software for servers, networks, and cloud computing environments. Its security products for the cloud and virtualization deliver automated security and are optimized for various leading environments – Amazon AWS, Microsoft Azure, VMware, Google Cloud, and many more. Some of the major Cybersecurity Solutions / Products offered by Trend Micro are listed below:

• Hybrid Cloud Security
• Intrusion Prevention
• Advanced Threat Protection
• User Protection
• IoT Security
• Solutions for (Ransomware, GDPR, Compliance, etc.)

The company has an Annual Revenue of around US $1.746 billion. It has around 6,000 – 8,000 employees and in IDC’s report (2019), Trend Micro ranked at the top position in the Hybrid Cloud Workload Security market share. Trend Micro offers various jobs and career opportunities in the CyberSecurity field such as Threat Detection Engineer, Technical Writer, Security Engineer, Security Operations Center Analyst, etc. The average annual salary of Trend Micro employees is around 14-16 Lakh Per Annum based on the job title.

4. Palo Alto Networks

Palo Alto Networks, Inc., headquartered in Santa Clara (California), is a leading cybersecurity company. The company was founded in 2005 by Israeli-American Nir Zuk. The core products of the company are those platforms that are optimized for advanced firewalls and cloud-based offerings to cover all the security aspects. The company is growing rapidly in terms of technological advancements after announcing the K2-Series and 5G next-generation firewall, it has also announced the Cortex, a continuous security platform based on artificial intelligence. Some of the major Cybersecurity Solutions / Products offered by Palo Alto Networks are listed below:

• AutoFocus Threat Intelligence
• Firewall Migration Tool
• K2-Series
• Cortex XDR
• Demisto
• URL Filtering Web Security
• WildFire Malware Analysis
• Prisma Cloud

The company has an Annual Revenue of around US $5 Billion. It has around 12,000 – 13,000 employees and is providing services to around 65,000 organizations in more than 150 countries of which 85 organizations are from Fortune 100, it’s a big deal!! Palo Alto Networks offers you various job opportunities in the Cybersecurity field UI Engineer (Cloud Security), Big Data Engineer, Software Engineer, Technical Writer, etc. Other domains in which the company provides jobs are – Marketing & Advertising, Professional Services, Product Management, etc. The company pays its employees an average of around $106,000 Per Annum which ranges from an average of around $60,000 to $170,000 Per Annum.

5. McAfee

McAfee, headquartered in Santa Clara (California), is a computer security software company. The company was founded by John McAfee in 1987 as McAfee Associates who later resigned from the venture in 1994. McAfee offers advanced security solutions to consumers, small and large businesses, enterprises, and governments. The company states to be the largest dedicated technology security company. Some of the major Cybersecurity Services / Products offered by McAfee are listed below:

• Endpoint Security
• Cloud Access Security Broker (CASB)
• Endpoint Detection & Response
• Data Loss Prevention
• MVISION Products
• ePolicy Orchestrator
• Mobile Security
• SaaS Security Management
• SIEM
• Network Security Platform
• Web Gateway

The company has a security market revenue of around US $150 – $170 Billion. It has around 7000 employees and is providing services to around 69,000 enterprise customers within 180+ countries. McAfee offers you various job opportunities in the Cybersecurity field like Cloud Engineer/Architect, Software Development Engineer, Web Developer, etc. Other domains in which the company provides jobs are – Sales, Administration, Finance, Legal, etc. The company pays its employees an average of around 15 – 16 Lakh Per Annum based on the job title.

6. Fortinet

Fortinet, headquartered in Sunnyvale, California, was founded in the year 2000 by Ken Xie and Michael Xie and went public in the year 2009. It is an American multinational corporation or network security vendor which provides its customers with a platform for rigorous testing. Fortinet is one of the top security companies in the world and has several cybersecurity products, including:

• Network Firewall
• Endpoint Security
• Anti-virus
• Intrusion Prevention
• Network Access Control
• Web Applications, Firewalls
• CASB
• UEBA
• Email Gateways
• Unified Threat Management

The company has a security market revenue of around $3.3 billion and is also growing at a pace of 17% per year. Fortinet has around 12,000 employees working for it. The company offers various job opportunities in R&D, Sales, Customer Service, Marketing, Finance, Operations, IT, HR, and Legal. Also, the pay scale is also good and depends upon the role that you are playing. 

7. IBM

Founded in the year 1911 by Charles Ranlett Flint and Herman Hollerith, IBM is headquartered in Armonk, New York with operations in over 171 countries. The company was earlier named International Business Machine Corporation and renamed in the year 1924, International Business Machines. It is a computing tabulating recording company and has various products including:

• Patch Management
• Security Analytics
• Fraud Protection
• Threat Intelligence
•  Mobile Security
• Authentication Database Security
• Mainframe Security
• Data Protection
• Fraud Protection
• Security Orchestration

IBM is one of the biggest companies across the cybersecurity business line and one of the largest employers in the world with around 282,100 employees working for it. The revenue of the company is around $57.35 billion and provides jobs in numerous profiles such as automation, robotics, cloud computing, artificial intelligence, quantum computing, web development, software development, etc. 

8. CyberArk

Headquartered in Newton, Massachusetts, U.S. CyberArk was founded by Alon N. Cohen in the year 1999. The company has 22 offices, spread across 15 countries. The company specializes in identity-based security offerings, access management (IAM) segments, and covering identity. CyberArk also provides privileged access management, along with giving numerous services to companies regarding financial services, healthcare, retail, energy, and the public sector. A few of the core services provided by the company are:

• Management Solutions
• Offers customers workforce identity-based security
• Helps in protecting credentials used by scripts and applications

The company had a revenue of around $144.5 million due to its open-source secret management software which is really very helpful for developers in order to build the privacy-sensitive application. 

9. Mimecast

Headquartered in London, U.K. the company was founded by Peter Bauer and Neil Murray in the year 2003. They both are serial entrepreneurs and one of the founders Peter Bauer has also been trained as a Microsoft Systems Engineer. The company helps by offering cloud-based email security for Microsoft Exchange and Microsoft Office 365. In addition to this, the company has numerous products, such as domain-based message authentication reporting and conformance (DMARC) analyzers, threat intelligence, and AI cybersecurity tools. Some of the services offered by the company are:

• Email and web security
• Optimizing cyber security solutions
• Helps with Security awareness training

The company has a total of 14 offices in 9 countries and provides powerful and comprehensive solutions to numerous companies with less than 50 employees. Also, in the year 2021, Mimecast had been awarded the 2021 CRN Tech Innovator Award winner in the Email Security category.

10. Veracode

Headquartered in the US, Veracode services automatically detect vulnerabilities in the development stage so that the developers can release breach-free apps. With over 2600+ clients, Veracode is responsible for building software securely and also provides a powerful combination of power, automation, integration, and speed. It provides software composition analysis, full application analysis, penetration testing, etc. 

• Provides a platform for code analysis
• Smooth Customer Experience
• Solutions for healthcare, financial services, retail, and e-commerce.

This cybersecurity company also has 31 listed patents. Veracode is trusted by some of India’s largest firms. It has released a free edition of Veracode Security Labs, accessible to anyone. 

Conclusion:

Hence, these were the top Cyber Security Companies, which offered commendable services for dealing with cyber attacks. The growth of these companies is increasing day by day and they will be one of the most successful combines in the coming time. So if you have an interest in cyber security then you can definitely choose any one of them.