These 4 Cybersecurity Stocks are Laying the Groundwork for Our Digital Future

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As life becomes more and more digitally focused, cybersecurity becomes an increasingly important product on the market. Cybersecurity has become an essential part of our lives. Plenty of high publicity cyberattacks have occurred in recent times against individuals, corporations and even governments.

The global cybersecurity market is currently worth $173B in 2020 and is expecting to grow up to $270B by 2026. 87% of enterprises are seeing mobile threats growing the fastest this year, outpacing other threat types, based on Verizon’s Mobile Security Index 2019. Mobile devices and the identities they represent are the new security perimeter for every organization today.

The cybersecurity sector will not only grow but will experience progression over the coming years. These 4 companies are laying the groundwork for our digital future.

Fortinet, Inc. (NASDAQ: FTNT) provides broad, integrated, and automated cybersecurity solutions worldwide. It offers FortiGate hardware and software licenses that provide various security and networking functions, including firewall, intrusion prevention, anti-malware, virtual private network, application control, Web filtering, anti-spam, and wide area network (WAN) acceleration.

The company also provides FortiSwitch product family that offers secure switching solutions for connecting customers end devices; FortiAP product family, which provides secure wireless networking solutions; FortiExtender appliance provides a WAN connection to its FortiGate products; FortiAnalyzer product family, which offers centralized network logging, analyzing, and reporting solutions; and FortiManager product family that provides central and scalable management solution for its FortiGate products. It offers FortiWeb product family provides web application firewall solutions; FortiMail product family that secure email gateway solutions; FortiSandbox technology that delivers proactive detection and mitigation services; and FortiSIEM family of software solutions, which offers a cloud-ready security information and event management solutions, as well as FortiToken and FortiAuthenticator product families for multi-factor authentication to safeguard systems, assets, and data; and FortiNAC product family to implement zero trust network access strategies.

The company provides security subscription, technical support, professional, and training services. It sells its security solutions to channel partners and directly to various customers in telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare industries. Fortinet, Inc. provides its products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 2000 and is headquartered in Sunnyvale, California.

GlobeX Data Ltd. (OTCQB:SWISF) (CSE:SWIS) is a Cybersecurity and Internet privacy provider of Swiss hosted solutions for secure data management and secure communications. The Company distributes a suite of secure cloud-based storage, disaster recovery, document management, encrypted e-mails, and secure communication tools. GlobeX Data Ltd. sells its products through its approved wholesalers and distributors, and telecommunications companies worldwide. GlobeX Data Ltd. serves consumers, businesses and governments worldwide.

COMPANY HIGHLIGHTS:

  • GlobeX Data Receives Increased Interest for its Anti-Phishing Secure Email and Messaging Solution
  • GlobeX Data Signs Distribution Agreement with Largest Cybersecurity Distributor in Central, Latin America and Spain Covering Population of 385 Million
  • GlobeX Data Prepares Launch of Swiss Hosted Encrypted PrivaTalk Messenger To Counter WhatsApp Privacy Breaches
  • GlobeX Data Launches Social Media Influencers Affiliate Program for Cybersecurity and Data Privacy Solutions
  • GlobeX Data Launches Cybersecurity and Internet Privacy Solutions in India

The company recently announced that it has successfully acquired the domain Sekur.com through its domain broker Webnames.ca for a total of USD 13,000, including broker fees, negotiated down from a price of USD 18,000 including broker fees. The Company already owns Sekur.ch and has been trying to acquire Sekur.com for the past 6 months.

Sekur is the Company’s Swiss hosted secure communications suite, which includes encrypted messaging with self-destruct timer powered by the Company’s proprietary PrivaTalk platform and an encrypted email service powered by the Company’s Custodia platform. The Company plans to push the Sekur brand as a secure communications suite in addition to its existing DigitalSafe brand which is the Company’s document management and collaboration suite. The Company plans to offer Sekur in July 2020 for an introductory price of USD 9.99/user/month or USD 99.90/user/year and will include 100GB of email and message storage.

The service will include the Company’s proprietary SecureSend and SecureReply anti-phishing encrypted email solution. SecureSend lets a user send an email to any other recipient, wether they have Sekur or not, in full privacy and security as the email never leaves Sekur’s encrypted email servers based in Switzerland. The recipient can then click on the notification and reply in the same manner using SecureReply, without the recipient having to purchase Sekur. This is also a guarantee to eliminate BEC attacks for businesses and email phishing attacks. Additionally, Sekur will include the Company’s latest technology improvements made on its Custodia email platform, which include full control of email delivery, data export for SMB and large Enterprises and an automatic Data Loss Prevention technology (“DLP”) with real time continuous archiving. These technologies are very much in demand from financial institutions and larger enterprises.

FireEye, Inc. (NASDAQ: FEYE) provides cybersecurity solutions that allow organizations to prepare for, prevent, investigate, respond to, and remediate cyber-attacks. The company provides network, email, endpoint, and cloud security solutions, as well as customer support and maintenance services. It also offers Helix Security Platform, a cloud-hosted security platform; Security Validation Platform that tests the effectiveness of security controls against cyber attacks; Dynamic Threat Intelligence cloud, a bi-directional cloud-based service; and Mandiant Threat Intelligence that offers subscriptions to threat intelligence reports to organizations for defending cyber threats. In addition, the company offers Mandiant Managed Defense, a technology-enabled managed detection and response service; Mandiant Digital Threat Monitoring, which analyzes content on the open and dark web for credential leakage, public data exposure, and other potential threats; and Mandiant Expertise-on-Demand, a prepaid subscription that provides access to the company’s threat intelligence and expertise as microservices. Further, it provides incident response, response readiness and cyber insurance assessments, red and purple team assessments, and other strategic security services; cyber threat intelligence and defense center services; and education services. The company serves telecommunications providers, financial services entities, Internet search engines, social networking sites, stock exchanges, electrical grid operators, networking vendors, oil and gas companies, healthcare and pharmaceutical companies, and governmental agencies.

FireEye, Inc. offers its products and services through distributors, resellers, and strategic partners in the United States, the Asia Pacific, Europe, the Middle East, Africa, and Japan. The company was formerly known as NetForts, Inc. and changed its name to FireEye, Inc. in September 2005. FireEye, Inc. was founded in 2004 and is headquartered in Milpitas, California.

NortonLifeLock Inc. (NASDAQ: NLOK) provides cyber safety solutions for consumers worldwide. The company offers Norton security solutions as a subscription service providing protection for PCs, Macs, and mobile devices against malware, viruses, adware, ransomware, and other online threats on various platforms; and LifeLock identity theft protection solution that offers monitoring, alerts, and restoration services to its customers. It also provides Norton Secure VPN and SurfEasy VPN for online privacy, as well as Norton family, a solution for home and family, which offers protection and security, parental control, and GPS location monitoring services.

NortonLifeLock Inc. markets and sells its products and related services through retailers, telecom service providers, hardware original equipment manufacturers, and employee benefit providers, as well as e-commerce platform. The company was formerly known as Symantec Corporation and changed its name to NortonLifeLock Inc. in November 2019. NortonLifeLock Inc. was founded in 1982 and is headquartered in Tempe, Arizona.

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