FireEye - Top ten cybersecurity companies
FireEye is a cybersecurity publicly trading company headquartered in California. It specialises in the detection and ultimately prevention of cyber attacks. The company also provides software, hardware and services to investigate cyber attacks, protect against malicious software and analyse IT security risks.
The company’s shares are trading higher recently which could potentially be due to the hack that hit Twitter last Wednesday. The hack targeted high profile individuals such as Bill Gates, Elon Musk and Barack Obama in a bitcoin scam.
The hackers gained unauthorized access to an internal admin tool where they then uncovered a lot of sensitive information and sensitive data. Many large companies have fallen victim to such data breaches and it makes you think how such large corporations can be victims of such cyber threats.
In addition to the good news of its stocks increasing, FireEye has recently formed an alliance with Athena to help support female leaders in cyber security.
The partnership will allow the cybersecurity giant to access Athena's learning library, membership, exclusive events and other exclusive resources.
FireEye prides itself on knowing more about cyber security than anyone else. The company is “built to innovate” and says that it provides world class solutions built with frontline expertise. FireEye was awarded the CRN Partner Program guide 2020 and also the cyber security excellence awards 2019 and 2020.
FireEye offers exclusive training programmes that allow you to train your cyber security team to properly defend and protect your corporation so no hackers can gain access to your client’s personal information and data. Improve the capabilities of our security team with FireEye’s exclusive training programme.
FireEye produces annual threat reports to keep you up to date with the latest insights and things to keep an eye out for. This year’s report explores the relationship between internet technology practices and cyber security platforms across enterprise level production environments.
IT Employees Predict 90% Increase in Cloud Security Spending
As companies get back on their feet post-pandemic, they’re going all-in on cloud applications. In a recent report by Devo Technology titled “Beyond Cloud Adoption: How to Embrace the Cloud for Security and Business Benefits”, 81% of the 500 IT and security team members surveyed said that COVID accelerated their cloud timelines. More than half of the top-performing businesses reported gains in visibility. In fact, the cloud now outnumbers on-premise solutions at a 3:1 ratio.
But the benefits are accompanied by significant cybersecurity risks, as cloud infrastructure is more complex than legacy systems. Let’s dive in.
Why Are Cloud Platforms Taking Over?
According to Forrester, the public cloud infrastructure market could grow 28% over the next year, up to US$113.1bn. Companies shifting to remote work and decentralised workplaces find it easy to store and access information, especially as networks start to share more and more supply chain and enterprise information—think risk mitigation platforms and ESG ratings.
Here’s the catch: when you shift to the cloud, you choose a more complex system, which often requires cloud-native platforms for network security. In other words, you can’t stop halfway. ‘Only cloud-native platforms can keep up with [the cloud’s] speed and complexity” and ultimately increase visibility and control’, said Douglas Murray, CEO at cloud security provider Valtix.
Here’s a quick list of the top cloud security companies, as ranked by Software Testing Help:
What are the Security Issues?
Here’s the bad news. According to Accenture, less than 40% of companies have achieved the full value they expected on their cloud investments. All-in greater complexity has forced companies to spend more to hire skilled tech workers, analyse security data, and manage new cybersecurity threats.
The two main issues are (1) a lack of familiarity with cloud systems and (2) challenges with shifting legacy security systems to new platforms. Out of the 500 IT employees from Devo Technology’s cloud report, for example, 80% said they’d sorted 40% more security data, suffered from a lack of cloud security training, and experienced a 60% increase in cybersecurity threats.
How Will Companies React?
They certainly won’t stop investing in cloud platforms. Out of the 500 enterprise-level companies that Devo Technology talked to throughout North America and Western Europe, 90% anticipated a jump in cloud security spending in 2021. They’ll throw money at automating security processes and investing in security upskilling programmes.
After all, company executives will find it incredibly difficult to stick with legacy systems when some cloud-centred companies have found success. Since moving from Security Information and Event Management (SIEM) offerings to the cloud, Accenture has saved up to 70% on its processes; recently, the company announced that it would invest US$3bn to help its clients ‘realise the cloud’s business value, speed, cost, talent, and innovation benefits’.
The company stated: ‘Security is often seen as the biggest inhibitor to a cloud-first journey—but in reality, it can be its greatest accelerator’.