The COVID-19 pandemic has triggered an increase in cyber threats and online phishing attacks.
Since the lockdown started, Capterra said in a report that one-third of respondents have fallen victim to phishing emails, which hackers use to steal passwords — 45% of which were related to coronavirus.
In the first quarter of 2020, there were an estimated 854,441 confirmed phishing and counterfeit pages and 4 million suspicious pages were detected, according to data released by Bolster, a fraud prevention company.
It has never been more important for organizations conducting business online to protect themselves and increase their cybersecurity.
Over 25% of companies experienced a foreign government or nation state attack, according to the Radware Global Applications and Network Security report at the end of 2019.
In 2018, 19% of organizations believed they were attacked by a nation-state. That figure increased to 27% in 2019.
Here are four companies active in the cybersecurity space.
Cyberark Software Ltd (NASDAQ: CYBR) provides information technology security solutions to protect data, infrastructure and assets across the enterprise.
The company’s software solutions focus on protecting privileged accounts, credentials and secrets. Its products and services include Enterprise Password Vault, Privileged Session Manager and Privileged Threat Analytics.
CyberArk Software shares were trading up 0.89% at $109.96 at the time of publication Monday. The stock has a 52-week high of $148.74 and a 52-week low of $69.50.
Radware Ltd (NASDAQ: RDWR) develops and sells a broad portfolio of network products including physical and virtual application delivery controllers, web application firewalls, intrusion prevention systems and other security products geared toward large enterprise and service provider segments.
It offers infrastructure that supports DDoS scrubbing center services, WAF and bot management cloud-based services.
In addition, It provides other services through the cloud, such as Cloud Workload Protect and Content Delivery Network.
Radware shares were trading 3.99% higher at $25.28 at last check. The stock has a 52-week high of $26.98 and a 52-week low of $16.02.
Fortinet Inc (NASDAQ: FTNT) is a cybersecurity vendor that sells products, support and services to small and midsize businesses, enterprises and government entities.
Its products include unified threat management appliances, firewalls, network security and its Security Fabric security platform. Its services revenue is primarily from FortiGuard security subscriptions and FortiCare technical support.
At the end of 2019, products were 37% of revenue and services were 63% of sales. The California-based company sells products worldwide, with the Americas representing 43% of sales in 2019.
Fortinet shares were trading down 4.43% at $139.34 at last check. The stock has a 52-week high of $151.95 and a 52-week low of $70.20.
Qualys Inc (NASDAQ: QLYS) is a provider of cloud-based security and compliance solutions to enterprises, government entities and small- and medium-sized businesses.
The firm’s solutions are delivered through the Qualsys Cloud Platform and provide security intelligence by automating the life cycle of IT asset discovery, security assessment and compliance management.
Its solutions enable customers to collect and analyze large amounts of IT security data, discover and prioritize vulnerabilities and recommend actions.
The company derives revenue from subscriptions to its cloud-based solutions, typically on an annual basis. A large majority of the firm’s revenue is generated in the United States.
Qualys shares were trading up 1.6% at $111.77 at last check. The stock has a 52-week high of $119.20 and a 52-week low of $63.37.
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