Three cyber security startups to watch in 2022

Computer security, cybersecurity, or information technology security is the protection of computer systems and networks from information disclosure, theft of, or damage to their hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.

Cyber Security Market Size

The global cyber security market size was valued at USD 5.7 billion in 2016 and is expected to reach USD 20.8 billion by 2025, registering a CAGR of 22.7% from 2017 to 2025. The increasing adoption of cloud computing services, mobile devices, and other Internet-connected devices are driving the demand for cyber security solutions. Moreover, the rising number of data breaches and attacks across various industries has increased the need for cybersecurity solutions. In addition, the growing threat of ransomware attacks and malicious software (malware) have led to an increase in the demand for cyber security products. Furthermore, the growing use of IoT devices coupled with the increasing adoption of BYOD policies are further fueling the demand for cyber security. However, high cost associated with cyber security solutions and lack of awareness among end users are some of the factors that hinder the growth of the global cyber security market.

Global Cybersecurity Market Share

In terms of revenue, North America held the largest share in the global cyber security market in 2016, followed by Europe and Asia Pacific. This can be attributed to the increasing adoption of advanced technologies and the growing focus on improving business processes. Moreover, the government initiatives taken by several countries to improve their cyber security infrastructure are further boosting the demand for cyber security in these regions. Additionally, the growing concern about privacy and data protection issues is leading to an increase in the adoption of cyber security solutions.

By Product Type

On the basis of product type, the global cyber security market is segmented into firewalls, IDS/IPS, network security appliances, VPNs, and others. Firewalls accounted for the largest share of the global cyber security industry in 2016. Increasing concerns regarding the security of information systems and the growing adoption of cloud computing are driving the demand for firewall solutions. On the contrary, IDS/IPS accounted for the smallest share of the global cyber securities market in 2016. This is mainly due to the fact that they are not effective in detecting malware and viruses.

Three cyber security startups that we recommend in 2022

• Typing AI Biometrics

Typing AI is a secure typing biometrics authentication API that identifies users by the way they type. The detection accuracy level is very high and there are almost no false positives.

This project uses artificial intelligence in order to detect the typing pattern. A unique typing ID is generated for each user. There are lots of peoples who tested the keystroke dynamics API and the accuracy level is over 99.9%.

Typing AI Biometrics provides enterprise grade security. TypingAI can be easily integrated in web, desktop and mobile apps using any programming language.

Typing AI is targeting big companies such as banks and top 500 businesses, because the API allows them to offer enterprise grade security.

• Protectumus

PROTECTUMUS is a Website Security & Performance provider that combines AI and Machine Learning to detect attacks, protect against malware and recover in case of being hacked.

Protectumus monitors the website uptime, speed, dns changes, scans the website for malware like a traditional antivirus, blocks bad bots, custom IP's and countries. Protectumos acts as a Firewall. We are the only security company specialized in SEO Security, we offer unique SEO services such as Search engines Cloaking monitoring, Google DMCA Complaints, Blacklist monitoring & removal and more.

• Privacera

Privacera is enterprise software that combines data discovery, classification, centralized access management, and data de-identification in its platform. Their data security and governance platform helps with sharing information without compromising regulatory compliance requirements.