Five U.S. defense contractors rank among the world's top 25 cyber security companies

NORTHPORT, N.Y. – Five U.S. defense contractors are among the world's top 25 cyber security and trusted computing companies, say analysts at market researcher Cybersecurity Ventures in Northport, N.Y.

Five U.S. defense contractors rank among the world's top 25 cyber security companies
Five U.S. defense contractors rank among the world's top 25 cyber security companies
NORTHPORT, N.Y. – Five U.S. defense contractors are among the world's top 25 cyber security and trusted computing companies, say analysts at market researcher Cybersecurity Ventures in Northport, N.Y.

Among the world's top 25 cyber security companies are the Raytheon Co., Lockheed Martin Corp., BAE Systems, Booz Allen Hamilton, and Northrop Grumman Corp., Cybersecurity Ventures experts say in their Cybersecurity 500 List, 2018 Edition, released in May.

Of the world's top cyber security companies, Raytheon ranks number 4, Lockheed Martin ranks number 10, BAE Systems ranks number 14, Booz Allen ranks number 15, and Northrop Grumman ranks number 25.

Cyber crime is a threat to every company in the world, and its impact on society is reflected in the Official 2017-2018 Cybercrime Report from Cybersecurity Ventures.

Related: Raytheon to build command-and-control system to synchronize cyber security and cyber warfare

This report says cyber crime will cost the world $6 trillion annually by 2021, up from $3 trillion in 2015, which represents the greatest transfer of economic wealth in history, risks the incentives for innovation and investment, and will be more profitable than the global trade of all major illegal drugs combined, Cybersecurity Ventures analysts say.

Thousands of startups have been formed over the past decade to focus on combating cyber crime. The Cybersecurity 500 features the hottest and most innovative companies in this market. The first-ever official annual Cybersecurity 500 list for 2018 was announced to a live audience at the Cyber Investing Summit in New York last month.

The Cybersecurity 500 selection criteria includes cyber security; problems solved; customer base; feedback from decision makers, IT security evaluators, recommenders, consultants; venture capital funding; company growth; published product reviews, demonstrations, and presentations at conferences; corporate marketing and branding; media coverage; notable implementations; founder and management pedigree; and interviews with senior management.

Related: Lockheed Martin continues work on National Cyber Range training for exceptionally virulent code

The world's top 10 cyber security companies are the Herjavec Group Information Security Services segment in Toronto; the KnowBe4 Security Awareness Training segment in Clearwater Fla.; the CyberArk Privileged Access Security segment in Petach-Tikva, Israel; the Raytheon Cyber Security Services segment in Waltham Mass.; the Cisco Threat Protection & Network Security segment in San Jose, Calif.; the IBM Enterprise IT Security Solutions segment in Waltham Mass.; the Microsoft Datacenter to Endpoint Protection segment in Redmond Wash.; the Amazon Web Services Cloud-Powered Security segment in Seattle; the FireEye Advanced Threat Protection segment in Milpitas, Calif.; and the Lockheed Martin Cybersecurity Solutions & Services segment in Bethesda, Md., Cybersecurity Ventures analysts say.

Other notable defense companies ranking among the world's top 500 cyber security firms are L-3 at 55, SAIC at 61, Leidos at 81, CACI at 117, Airbus Cybersecurity at 123, Thales at 136, General Dynamics at 141, Boeing at 148, United Technologies at 202, Lynx Software Technologies at 252, Israel Aerospace Industries at 313, Harris Corp. at 320, EdgeWave at 396, QinetiQ at 433, and Rohde & Schwarz at 477.

The firm's full list of the world's top 500 cyber security companies is online at https://cybersecurityventures.com/cybersecurity-500-list/#home/?view_1_per_page=500&view_1_page=1.

For more information contact Cybersecurity Ventures online at https://cybersecurityventures.com.

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