Leading Cybersecurity Companies to Watch in 2024

The ongoing technological improvements are as a result of an unyielding competition which forces all vendors to keep introducing new innovations so as to remain ahead of their competitors. Therefore, the entry into the market of new and creative companies necessitates that even these requirements will have other ways of meeting them. Cyber security is a highly dynamic area with several new techniques appearing every day aimed at preventing attacks. At the forefront of cyber security, there is a select group of innovative Cybersecurity companies that are embedding AI into their products in order to outsmart hackers and attract customers. Here is a list of top companies:

1. Okta

It is an emerging player in the cybersecurity companies space and recently found itself in a precarious situation. An unprecedented challenge with hackers who broke into its databases has been faced by the company of late. Such incidences for any firm may be alarming but when it comes to a nonchalant like Okta whose business revolves around network security then luck is also on their side. This led to investors’ worries which saw shares plummet by a whopping 20% within one week. Okta exhibited a good financial standing despite the challenges they recently encountered. Its second-quarter report revealed an increase of 23% year-on-year in revenue growth.

2. CrowdStrike

Founded in 2011, CrowdStrike Holdings, Inc. offers a security system called CrowdStrike Falcon, which combines cloud and on-device components. Its artificial intelligence-powered detection engine, known as user and entity behavior analytics (UEBA), gives the system a hidden advantage. This shift from the AV detection model enabled technological advancements in system security, reducing vulnerability to new viruses.

3. Tufin

It was established in 2005. Tufin provides products that support end-to-end protection of networks and cloud environments and enables security policy automation in enterprises. The Categories of cybersecurity products are Network security, Cloud security, and Policy automation in Security. The organization claims that clients using its solutions are able to conduct audits efficiently, manage incidents quickly thus minimizing system downtimes, and also deploy applications easily.

4. Palo Alto Networks

Based in Santa Clara, California, and established in 2005, it is a firm that deals with cybersecurity on a global scale. Their cutting-edge firewalls and security solutions based on cloud computing aim at shielding one from cyber assault in totality regardless of whether it’s on network, mobile, or online. The organization has developed its services through purchases of other companies to encompass among others endpoint protection and other forms of security technology.

5. IBM

IBM is a comprehensive security division of one of the largest technology and consulting employers globally – IBM Security. To accomplish this, it provides a full range of security software, services, and research in areas such as cloud and data security, endpoint protection, identity and access management, and mobile security.

Aditi Sharma

Aditi Sharma

Chemistry student with a tech instinct!