What The Top Cyber Security Companies Have In Common
IT Business Edge listed its top 25 cyber security companies to watch in 2015. Some are well-known security vendors, thanks in part to their roles in discovering high-profile vulnerabilities, while some are unknown names preparing for a break out. While they are all focused on cyber security, each of these top cyber security companies has built its own niche in the market, whether it is specializing in protecting health care organizations or providing anti-virus and security software.
Cyber security is becoming big business, and it’s easy to see why. Cyber threats are on the rise, and the tactics being used by criminals are more sophisticated and harder to catch. Not only that, there are an awful lot of gadgets that need to be protected. Gone are the days when an IT department only had to worry about securing the desktops connected to the company network. Now you have to worry about mobile devices and a myriad of the inter-connected Internet of Things. It’s why, Technology Review reported, “Venture capitalists poured a record $2.3 billion into cyber security companies in 2014, a year marked by frequent reports of hacks on high-profile companies.”
If a business is connected to the Internet in any way, it needs to consider some level of cyber security. That means plenty of opportunities for the crowded cyber security industry. But what sets the top cyber security companies apart from the field?
Industry-specific cyber security expertise
First of all, make sure your cyber security protocols and expertise are the right fit with the business you are working with, according to University of Phoenix Executive Dean of the College of Information Systems and Technology Dennis Bonilla. “For example, financial services and health care, which are the two largest consumers of cloud computing, are also the most heavily regulated relative to privacy concerns, thus demand robust security infrastructures,” he said. So cyber security firms that stand out often have someone with specific subject matter expertise who can deal with clients in certain industries.
In fact, not having staff with expertise could be a red flag warning. The company representative should understand how to integrate security protocols into the client’s operation. “Failing to partner with the client’s existing security structure (both logical and physical) when implementing or making changes to security-related protocols may result in unintended consequences,” said Bonilla. “Integration is essential when it comes to working with a cyber security company.”
Proven cyber security efficacy
Also, Bonilla added, top firms have robust threat assessment and timely response protocols. These companies can demonstrate their ethical hacking capabilities with documentation of previous exercises. They are be able to provide meaningful metrics at a client’s request in a timely manner. There is a reason why these companies have good reputations; they can back up their claims quickly and efficiently.
Cyber security adaptability
Top cyber security companies are willing to adapt to the evolving threat landscape. For instance, when asked what is the most important security issue that has to be addressed today, Bonilla said the insider threat. Whether it is malicious intent to do harm or someone who accidentally does something to put data at risk, cyber security companies have to be able to provide protection from the inside as well as from outsiders. They are able to meet the challenges of ever-changing technologies and regulations.
Professional cyber security certifications
Finally, qualified individuals partnering with companies should have practical experience, appropriate education and professional certifications or credentials to certify their competency. “Security certifications are highly specialized yet not as well-known as, for example, an attorney or accountant; yet there is as much if no more risk in the cyber security realm,” said Bonilla. “By comparison, an organization would ensure that their legal counsel was appropriately credentialed through the American Bar Association, and their CFO was a CPA; so their security professionals should also hold requisite education and certifications in cyber security. Service providers should be held to the same standards of excellence.”
Security must be part of the business environment, whereby both cyber and traditional security converge to seamlessly manage the organization’s risk from an enterprise perspective, Bonilla added. The top cyber security companies know how to work with businesses to create the right security solution.
Read More – http://www.forbes.com/sites/sungardas/2015/04/21/what-the-top-cyber-security-companies-have-in-common/