As life becomes more and more digitally focused, cybersecurity becomes an increasingly important product on the market. Cybersecurity has become an essential part of our lives. Plenty of high publicity cyberattacks have occurred in recent times against individuals, corporations and even governments.
The global cybersecurity market is currently worth $173B in 2020 and is expecting to grow up to $270B by 2026. 87% of enterprises are seeing mobile threats growing the fastest this year, outpacing other threat types, based on Verizon’s Mobile Security Index 2019. Mobile devices and the identities they represent are the new security perimeter for every organization today.
The cybersecurity sector will not only grow but will experience progression over the coming years. These 4 companies are laying the groundwork for our digital future.
Fortinet, Inc. (NASDAQ: FTNT) provides broad, integrated, and automated cybersecurity solutions worldwide. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, Web filtering, anti-spam, and wide area network (WAN) acceleration.
The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender appliance provides a WAN connection to its FortiGate products; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; and FortiSIEM family of software solutions, which offers a cloud-ready security information and event management solutions, as well as FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiNAC product family to implement zero trust network access strategies.
The company provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. Fortinet, Inc. provides its products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 2000 and is headquartered in Sunnyvale, California.
Recent data breaches, in messaging applications and in particular in the WhatsApp application have created a certain urgency for businesses to protect their communications form cyber-attacks and identity theft via mobile devices, has sparked investors interest in GlobeX Data Ltd. (OTCQB:SWISF) (CSE:SWIS), a leader in Swiss hosted cyber security and Internet privacy solutions for secure data management and secure communications.
The company has been selected and nominated by The Silicon Review in their 50 Best Companies To Watch in 2020. The article can be read by clicking on this link Silicon Review Article on GlobeX Data.
GlobeX recently reported that its Latin America partner, América Móvil S.A.B. de C.V. (NYSE:AMX), has decided to integrate Sekur‘s encrypted messaging and file transfer application, SekurMessengerTelcel, América Móvil’s Mexico mobile division, has requested the integration of GlobeX Data’s SekurMessenger application for immediate sale in Mexico and we expect the integration to be fully completed sometime in November of this year.
SekurMessenger will first be sold by América Móvil’s Telcel mobile operator in Mexico and will retail in Mexico for 99 MXN/user/month. Once sales in Mexico are underway, there are plans to increase coverage to other countries where América Móvil operates through its Claro brand, such as Colombia and other Latin American countries. GlobeX Data and América Móvil are looking at offering a secure and private alternative to other non-secure messaging applications. The market is geared primarily for business users and privacy conscious consumers. Telcel is the largest mobile operator in Mexico, commanding a market share in excess of 70% with over 75 million mobile subscribers and over 5 million of them being business users. América Móvil is the 7th largest telecom operator in the world with over 277 million mobile subscribers in over 20 countries throughout Latin America and Europe.
WhatsApp Warning For Millions Of iPhone Users As ‘Delete For Everyone’ Fails To Work. WhatsApp’s “Delete for Everyone” feature, meant to allow people to delete files they accidentally sent, works differently on iPhones than it does on Android phones, a researcher has warned. This discrepancy could place senders’ privacy at risk by leaving some media files undeleted on recipients’ iPhones.
WhatsApp has a vast install base of 1.5 billion users in over 180 countries. Most WhatsApp customers use the service daily, including for group chats with friends, family members or co-workers. Such a popular service is subject to scrutiny from privacy activists and cybersecurity researchers.
One of the many Privacy and security features of Sekur is that the user does not register with their phone number, eliminating a huge loophole in security and privacy. Just recently, according to an article written by Lindsey O’Donnell and posted on the website threatpost.com on June 5 2020, it was disclosed that WhatsApp phone numbers and users were searchable on Google, creating a massive security and privacy breach. Earlier in the year, an article was written about a similar flaw affecting all businesses, NGOs, UN and non-profit organizations, where WhatsApp Group members were also compromised and searchable in a reverse engineering trick done on Google.
FireEye, Inc. (NASDAQ: FEYE) provides cybersecurity solutions that allow organizations to prepare for, prevent, investigate, respond to, and remediate cyber-attacks. The company provides network, email, endpoint, and cloud security solutions, as well as customer support and maintenance services. It also offers Helix Security Platform, a cloud-hosted security platform; Security Validation Platform that tests the effectiveness of security controls against cyber attacks; Dynamic Threat Intelligence cloud, a bi-directional cloud-based service; and Mandiant Threat Intelligence that offers subscriptions to threat intelligence reports to organizations for defending cyber threats. In addition, the company offers Mandiant Managed Defense, a technology-enabled managed detection and response service; Mandiant Digital Threat Monitoring, which analyzes content on the open and dark web for credential leakage, public data exposure, and other potential threats; and Mandiant Expertise-on-Demand, a prepaid subscription that provides access to the company’s threat intelligence and expertise as microservices. Further, it provides incident response, response readiness and cyber insurance assessments, red and purple team assessments, and other strategic security services; cyber threat intelligence and defense center services; and education services. The company serves telecommunications providers, financial services entities, Internet search engines, social networking sites, stock exchanges, electrical grid operators, networking vendors, oil and gas companies, healthcare and pharmaceutical companies, and governmental agencies.
FireEye, Inc. offers its products and services through distributors, resellers, and strategic partners in the United States, the Asia Pacific, Europe, the Middle East, Africa, and Japan. The company was formerly known as NetForts, Inc. and changed its name to FireEye, Inc. in September 2005. FireEye, Inc. was founded in 2004 and is headquartered in Milpitas, California.
NortonLifeLock Inc. (NASDAQ: NLOK) provides cyber safety solutions for consumers worldwide. The company offers Norton security solutions as a subscription service providing protection for PCs, Macs, and mobile devices against malware, viruses, adware, ransomware, and other online threats on various platforms; and LifeLock identity theft protection solution that offers monitoring, alerts, and restoration services to its customers. It also provides Norton Secure VPN and SurfEasy VPN for online privacy, as well as Norton family, a solution for home and family, which offers protection and security, parental control, and GPS location monitoring services.
NortonLifeLock Inc. markets and sells its products and related services through retailers, telecom service providers, hardware original equipment manufacturers, and employee benefit providers, as well as e-commerce platform. The company was formerly known as Symantec Corporation and changed its name to NortonLifeLock Inc. in November 2019. NortonLifeLock Inc. was founded in 1982 and is headquartered in Tempe, Arizona.