As the intervention of technology in our daily life has drastically spiked over the past few years, it has also shined a light on the need for cybersecurity products, services, and professionals. The increase in the necessity for cybersecurity solutions has paved the way for emerging start-ups. The situation has further intensified owing to the Covid-19 lockdown period and spiking remote working patterns.
According to a joint study by CBInsights and PwC, cybersecurity start-ups received over US$10.7 billion in funding in 2020. On the other hand, 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. A Cybersecurity Ventures report suggests that the overall cybercrime costs are expected to reach US$10.5 trillion annually by 2025. Although attack methodologies keep evolving with emerging technologies like artificial intelligence, machine learning, cloud computing, etc, cybersecurity start-ups also embrace them to find an exit door. Analytics Insight has listed the top 100 cybersecurity start-ups of 2021 based on their product range and performance.
About Red Canary
Red Canary was created with the aim of improving security. It protects hundreds of organizations around the world, ranging from global Fortune 100s to 100-endpoint organizations. The company’s cloud-based service evens the playing field for companies of all sizes by enabling every defender to win against constantly evolving adversaries.
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