Cyberattacks are becoming a major source of loss for companies working from over the internet. New start-ups and established vendors are attracting a record level of investment as all organizations look to thwart increasing complex, costly and unpredictable cyberattacks. Businesses now began to rethink their strategies in order to cope up with the changing scenario. In the rapid shift to work from home, several companies have seen a surge in cyberattacks. The companies are bound to take extra efforts and measures in order to strengthen cybersecurity. With this increasing need, companies are looking for cybersecurity providers. This has acted as a boom for the cybersecurity companies witnessing opportunities.
According to Gartner Inc, the global information security market is forecast to grow at a five-year compound annual growth rate of 8.7% to $188.8 billion in 2023. Cybersecurity will be the obvious need for the coming year as well. The adoption of flexible work models has made industries increase their cybersecurity spending. Industries like fin-tech,ed-tech, hr-tech, etc have revolutionized their strategies and included cybersecurity as the most crucial need. Many companies including Twitter, Amazon, etc have now opted for the lifetime work from home model yet again increasing the cybersecurity demand.
Here are the cybersecurity players to look out for in 2022:
WiJungle
WiJungle, a Jaipur-based cybersecurity startup, is the Unified Network Security Gateway that enables organizations to manage and secure their entire network through a single-window In the past years, it has vehemently won the confidence of India’s governmental organizations as well as various verticals of enterprises.WiJungle currently serves government and private giants across industry verticals like hospitality, healthcare, education, BFSI, retail, defense, transportation, ITES, etc. WiJungle the only prominent player in Unified Network Security space has emerged as the Government’s New Face of Cyber Security. It is extensively serving more than 15 ministries & PMOs in the central government along with numerous state-level organizations.
Prophaze
It is an emerging cybersecurity startup in India. They provide Docker Security using WAF Container, Web Application Firewall for Kubernetes Platform, OWASP TOP 10, API Security, etc. Headquartered in Cochin, Kerala, it is providing cybersecurity solutions to various companies. It is the state-of-the-art web application security for businesses and SaaS providers. They provide enterprises with solutions from beginning to end and offer all the services needed to secure the web applications including application architecture review, testing, onboarding assistance, product deployment, DevOps training, and compliance.
SecLogic
SecLogic is an ISV(Independent Software Vendor)/Global Solution Provider in Cyber Security, Data Center & Edge IT, Digital Transformation & Applications to evolve an organization’s digital landscape. Through our flagship solution {SecBox – next-generation cybersecurity orchestration platform), you get more than a score. While our dashboard offers the most accurate insight of risk exposure in the industry, the platform goes deeper by using advanced vulnerability and threat detection technology to assess and quantify risk within all pillars of cybersecurity: people, processes, and technology, for your organization and your third parties.
Submitted By: Arunima Negi (PR)
