The cybersecurity landscape is changing rapidly with new cybersecurity startups mushrooming as ever
If there is one criterion that can define the cybersecurity scenario in its real terms, in India and elsewhere, it can be broadly classified into ‘pre-Covid’ and ‘post-Covid’. Businesses going digital at an unprecedented rate, and the IT infrastructure has become vulnerable like never before, with 2021 alone witnessing a 151% increase in cybercrime. The rising trend in cybercrimes has paved the way for the need for enhanced cybersecurity infrastructure and hence the proliferation of Cybersecurity startups. According to a report by the Data Security Council of India (DSCI), India generated a revenue of $9.85 billion in 2021 and is expected to grow at a CAGR of about 21% to touch $13.6 billion by 2025. Hence, the cybersecurity landscape is changing rapidly with new cybersecurity companies making their presence. While cybersecurity startups in India are proliferating, it is important to remember to choose the company with caution because their operations most of the time are wrapped in secrecy. We have curated the list of the top cybersecurity startups in India that will attain prominence in 2023.
Prophaze:
A startup cybersecurity firm is specialized in SaaS services in cybersecurity, particularly through AI automation. The services include Docker Security using WAF container, Web Application Firewall for Kubernetes Platform, OWASP TOP 10 API security, etc.
Secureden:
Founded by ex-Zoho executives Balasubramanian Venkatramani and Kumaran Balan, is known for its security solutions for preventing cyber-attacks, insider exploits, and malware propagation. It provides some unique remote work IT solutions such as an end-point permission management tool for a safer and more secure environment.
Aristi Lab:
The Bhopal-based Cybersecurity firm specializes in developing cybersecurity solutions for data protection and intellectual property and has Indian Army in its client portfolio. ‘Securing’, the startup’s core security product enables companies with threat detection capabilities across different on-premise and cloud platforms.
TAC Security:
The security trailblazer, TAC security has mastered the art of integrating AI into vulnerability detection. It’s AI based vulnerability management platform, Enterprise Security in One Framework can manage around 5+ million vulnerabilities at one go. The deadly combination of AI and data analytics makes the job of keeping track of vulnerabilities a cakewalk.
Wijungle:
It is a Unified Network Security Gateway, a single-window solution to manage a variety of cybersecurity issues. It serves both private and public sector companies emerging as a go-to partner of Government agencies for UNS services. Along with Central Government ministries, it is a proud partner of different state-level organizations.
Appspicket:
Appspicket a modern-day security agency is known for its next generation Two Factor Authentication feature 12FA eases user authentication to a great extent. With 12FA, there is hardly any need for OTPs, and Authenticator Apps. Biometrics and Hardware Tokens.
Secuneus:
A start-up with a good market share in the cyber security space is already an award winner in Managed Detection and Response and security assessment services. Good at predicting the enemy tactics, its solutions are capable of detecting, preventing, and responding to cyber threats in real-time.
Kratikal:
Kratikal, a leading player in cyber-security simulation and developing state-of-the-art awareness tools, is currently serving 120+ clients globally. Other solutions it is known for include email authentication tools, anti-spoofing solutions, anti-phishing tools, risk detection & threat analysis and code risk review, etc.
Block Armour:
This cybersecurity startup applies a different ball game. It leverages novel technologies such as Blockchain to counter cybersecurity threats. Secure Shield Architecture, developed by its team ensures Zero-Trust security for different environments, viz. on-prem, cloud systems and IoT devices all at one platform.
Securetek:
An AI, ML based cybersecurity company, has solutions that can reduce the cost of IT security drastically. Its tools are the best in the market providing companies with precise and actionable intelligence for them to be able to manage resources efficiently.
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