Cyber Security

Compendium of Cyber Security Industry YTD Performance 2022 – Cyber security – an essential of digital economy

Highlights of the report

Cybersecurity focuses on protecting against any unauthorized and unwanted access to computers, networks, programs, and data. With the advent of digitization, the amount of data being generated has grown in leaps and bounds. Governments, corporations, and individuals collect, process, and store vast amounts of confidential information and transmit that data across networks.

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Data breaches have been on the rise in recent years, becoming almost commonplace. Nvidia, the latest victim of a data breach (February 2022), said data related to employee credentials and some company proprietary information were exposed online after their systems were breached. Vestas, the world’s largest wind turbine manufacturer, announced earlier in November 2021 that its data had been compromised as a result of a cyberattack on its internal IT infrastructure.

According to the World Economic Forum, cyberthreats have become one of the top ten global risks today, as well as one of the most likely high-impact risks.

The COVID-19 crisis has increased the number of phishing and malware attacks, with cyber attackers looking to exploit the pandemic. According to Checkpoint, there are over 4000 domains associated with Coronavirus, of which 3% are malicious and 5% are suspicious. Phishing campaigns also include spoofing the World Health Organization’s domain (WHO).

Overview of the Industry
• Stock and Index Performance
• Threat Landscape
• Russia-Ukraine Conflict Implications on Cybersecurity
• Transition to Cyber Resilience
• IT Security Market Taxonomy
• Cyber Companies:
– Check Point Software Technologies
– CyberArk
– Fortinet
– NetScout Systems
– Zscaler
– Qualys
– Rapid7
– Trend Micro Incorporated
– Palo Alto Networks
– Norton lifelock
– Radware

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Compendium of Cyber Security Industry YTD Performance 2022 – Cyber security – an essential of digital economy

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