what cybersecurity companies do

The Truth About What Cybersecurity Companies Do Now

Every year marks another “worst year ever” for cybersecurity worldwide. What do cybersecurity companies do now? 

Read on to learn more.

Cybersecurity Today

Cybersecurity is one of the main concerns for most businesses of all sizes. But, it’s a good thing. By investing in strong security, they can protect themselves against attacks.

In Canada alone, statistics show that businesses spent $14 billion on cybersecurity in 2017. The reason? More than one in five companies were hit by a cyberattack that year.

True, cybersecurity is advancing each year, but so are threats. Cybercriminals are also getting more sophisticated. And they even use advanced technologies like AI in their attacks.

The bigger the company, the greater the cost is. For example, downtime can happen because of an attack. And the average downtime was 23 hours in 2017. Imagine the cost of each hour they can’t operate!

IBM also estimated that a company can suffer an average of $3.8 million after a data breach. But, bigger companies can reach 10 times or even over 100 times that number.

Still, it doesn’t end in a money problem. The effect on the brand is another story. For one thing, it can shake customer faith in brands.

They can even lose their trust and leave the company. So, their reputation is affected. Not to mention the fines they have to pay if there is a lack on their part.

Now, what do cybersecurity companies do to help organizations?

What Cybersecurity Companies Do Now

Cybersecurity companies are more than just partners to organizations. They are also not just there when things go wrong.

Instead, they are proactive in building a secure system for your company. They can also help you deal with potential incidents before they even happen.

These companies also defend against cyberattacks. So, they don’t just sit back and simply clean up after it happened.

For example, cybersecurity tools give real-time reports to organizations. As a result, they have insights into current trends in cybersecurity.

Another help from cybersecurity companies is they develop secure password systems for clients. They also offer training to employees. So, they can create a frontline defense for the business.

In the cyber world, the most innocent actions can be devastating. Just one click of a suspicious link can lead to breaches.

It can also be as harmless as opening an email to result in a complex phishing attack. Unless your employees know about this, they can harm your whole company.

Cybersecurity companies also aim to protect the customers of a business. So, they can recover their lost files.

93% of breaches can be avoided. That’s why solutions from cybersecurity companies are important to avoid problems down the road.

Top Cybersecurity Companies Globally

There are so many companies that offer solutions. These include penetration testing, network analysis, and many more.

The key is to find one that matches your needs and goals. To help you, here are some of the top cybersecurity companies in the world:

  • Check Point Software Technologies Ltd (Tel Aviv, Israel)
  • Cisco (San Jose, CA)
  • Palo Alto Networks (SANTA CLARA, California)
  • McAfee (SANTA CLARA, California)
  • IBM (Armonk, NY)
  • Trend Micro Inc. (Shibuya, Tokyo, Japan)
  • Amazon (Seattle, WA)
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