In a digitally hyperconnected world, our increasing reliance on the internet means lots of potential new problems — chief among them malicious cyber attacks that can lock us out of our computers, hold ransom our most sensitive files or even siphon our bank accounts.
The greater the number of new technologies and platforms we use to conduct our digital (and, sometimes, physical) lives — from smartphone apps to cloud computing software to pacemakers — the more we become vulnerable to privacy attacks. And it’s hard to predict where these attacks will come from.
Cyber invasions have national security ramifications as well. As quoted in a Cybersecurity and Infrastructure Security Agency advisory, Rob Jones, NCA Director General for Cyber, explains, “Cyber attacks have evolved and increased in scale and severity over recent years, with the criminal groups behind them targeting the critical infrastructure of countries around the world.”
Top Public Cybersecurity Companies
- Carbon Black
- Palo Alto Networks
- F5 Networks
Why Cybersecurity Is Important
Businesses are especially vulnerable to large-scale breaches that swipe or corrupt valuable data. Because of this, there’s an immediate need to protect ourselves online. This is why cybersecurity has taken center stage in recent years.
Citing a 2021 Euroconsumers report, the World Economic Forum noted that hackers today use connected devices to stage massive DDOS attacks, “the likes of which have been used to bring down banking and even healthcare networks.”
A Zion Market Research study shows that the global cybersecurity market has followed suit, reaching a value of $139 billion in 2021, while on track to hit $210 billion in 2028. Larger organizations may be better equipped to invest in cybersecurity resources, but the benefits of cybersecurity far outweigh the costs of cyber attacks for all companies.
Not surprisingly, as businesses ramp up efforts to keep their data and systems safe, the number of cybersecurity firms that provide those services is rising. Cybersecurity funding reached record levels in 2021, swelling beyond $20 billion. It seems companies are finally taking concrete steps to address data breaches, creating an environment where cybersecurity companies can thrive.
We’ve gathered 17 publicly traded cybersecurity companies you should know.
Publicly Traded Cybersecurity Companies to Know
Location: Tempe, Arizona
Stock symbol: NLOK
NortonLifeLock’s wide array of cybersecurity software deals with everything from threat and data loss protection to email and cloud security. In addition to its consumer products, the company makes security software for businesses of all sizes. According to NortonLifeLock, its products have blocked 1.1 billion cyber threats in total.
Location: San Carlos, California
Stock symbol: CHKP
Check Point makes security software for businesses and governments that’s designed to stop malware, ransomware and other targeted cyber attacks. Additionally, its multi-level security architecture protects information across the cloud, networks and various mobile devices.
Location: Boston, Massachusetts
Stock symbol: RPD
Rapid7 helps companies pinpoint the vulnerabilities in their networks and catch suspicious activities in order to stop cyber threats before they escalate. The company’s tools also simplify the analysis of security data that can pile up on large networks used by multiple devices.
Location: San Francisco, California
Stock symbol: SPLK
Splunk’s cybersecurity software identifies digital weak points and prevents malware attacks. The company uses artificial intelligence and machine learning to automate threat detection.
Location: San Jose, California
Stock symbol: ATEN
A10 helps secure cloud presence and 5G wireless by deploying machine learning and automation to recognize and stop cyber threats as they originate. A10 also provides built-in data analytics, so its clients can learn more about attempted breaches.
Location: Santa Clara, California
Stock symbol: PANW
Palo Alto Networks’ cybersecurity platform provides protection across cloud, networks and mobile devices. The company’s range of products includes firewalls, endpoint protection and more.
Location: Seattle, Washington
Stock symbol: FFIV
F5 helps companies manage their mobile applications. Its services include app management, cloud deployment and security. The company’s app security helps prevent distributed denial of service and bot-driven attacks, as well as data breaches.
Location: New York, New York
Stock symbol: VRNS
Varonis’ data security platform analyzes data from data stores and perimeter devices to give users a snapshot of activity. It also provides built-in reports to keep track of certain security metrics. Customers use Varonis for data protection, threat detection and response to internal and external cyber threats.
Location: Columbia, Maryland
Stock symbol: TENB
Tenable helps companies identify their cyber exposure using a suite of cybersecurity software that can locate, investigate, assess and prioritize vulnerabilities both on-premises and remotely via the cloud. Tenable’s IT security platform goes hand-in-hand with its other software products.
Location: Austin, Texas
Stock symbol: SWI
SolarWinds is an IT company that provides network management, database management, IT service management and IT security. Its security products help people manage who has access across IT infrastructure and monitor, report and respond to security threats as they happen.
Location: Atlanta, Georgia
Stock symbol: SCWX
Secureworks has more than 20 years of experience compiling threat intelligence and studying cyber attacks. The company informs its cloud-based, SaaS security platform with this research, creating comprehensive solutions for organizations for identifying and stopping cyber attacks in their early stages.
Location: McLean, Virginia
Stock symbol: CYRN
Cyren builds internet security services for the cloud that help protect against email-related attacks such as phishing scams and malware attachments. Other security measures include endpoint protection and Domain Name System security.
Location: San Antonio, Texas
Stock symbol: GSB
Globalscape specializes in secure file transfers, allowing organizations to develop reliable digital operations. For companies that rely on the flow of online data, Globalscape helps by protecting that information as well as automating the file transfer process.
Location: Lexington, Massachusetts
Stock symbol: MIME
Mimecast focuses on preventing email-based attacks. Its targeted threat protection helps snuff out cyber attacks in the form of malicious URLs and attachments, impersonation strategies and unsafe websites and browsers.
Location: Sunnyvale, California
Stock symbol: FTNT
Used in a wide variety of industries, Fortinet’s security software offers such tools as firewall protection, VPNs, endpoint protection and cloud security. The company embraces a zero trust policy, ensuring only approved personnel are able to access applications and sensitive information.
Location: Newton, Massachusetts
Stock symbol: CYBR
CyberArk specializes in privileged access management, which refers to admin accounts and login credentials that oversee private networks like those used by many enterprise companies. CyberArk Labs also provides in-depth research on malware, system vulnerabilities and other cybersecurity topics for CyberArk customers and the larger cybersecurity community.
Location: Austin, Texas
Stock symbol: ABST
Absolute’s clients can monitor security breaches in real-time across devices. The company’s cloud-based platform ensures endpoint security across multiple devices on a network. Its Absolute Persistence technology is embedded in the firmware of devices made by Dell, HP, Lenovo and other manufacturers.