SBC News Nexusguard Selected in the Top 50 of annual Cybersecurity 500

Nexusguard Selected in the Top 50 of annual Cybersecurity 500

CYbersecNexusguard,  operator of  Distributed Denial of Service (DDoS) Security Solutions, announced today the company was recognized at position #42 by the Q2 2015 edition of the Cybersecurity 500. The Cybersecurity 500 list recognizes the world’s hottest and most innovative cybersecurity companies.

Predictions from Gartner highlight the negative impact of cybersecurity breaches in the coming years; “Through 2020, security failures will force 50% of digital businesses to negotiate partner contracts to share risk and liability.” The analyst firm also states “By 2020, 30% of Global 2000 companies will have been directly compromised by an independent group of cyber activists or cybercriminals.”

“Nexusguard is a proven leader who protects corporations, cloud service providers, and government agencies globally from an increasingly hostile community of cybercriminals behind DDoS attacks” says Steve Morgan, founder and CEO at Cybersecurity Ventures, and editor-in-chief of the Cybersecurity Market Report and Cybersecurity 500 list of the world’s hottest and most innovative cybersecurity companies.  “Cyber attacks are trending up. Nexusguard has the technology, leadership, and resources to help companies of all sizes and types to protect themselves against the most dangerous cyber threats,” adds Morgan.

Cybersecurity Ventures publishes a new edition of the Cybersecurity 500 each quarter. The revised quarterly editions have new companies coming on the list, others dropping off, and changes to the listing order, to accurately reflect the current hottest and most innovative companies. There are also monthly updates to the list, with specific market sectors and geographies being reviewed by Cybersecurity Ventures’ editors. For the complete list and more information about the Cybersecurity 500, visit http://cybersecurityventures.com/cybersecurity-500/.

“We look at thousands of companies for inclusion in the Cybersecurity 500, by securing feedback from CISOs, IT security practitioners and service providers, and researching hundreds of events and news sources that we follow,” says Steve Morgan. “The selection criteria includes customer base, problem(s) solved, company growth, published product reviews, media and analyst coverage, notable implementations and more,” explains Morgan. “We give a nod to the hottest and most innovative companies”.

“We are honored to earn this global recognition from Cybersecurity Ventures, a leading authority on industry innovation and trends,” said Jolene Lee, Chief Executive Officer of Nexusguard. “Our cloud enabled DDoS mitigation solutions are purpose-built. These solutions allow companies to be in control in the face of the persistent threat of cyberattack and facilitate them to focus on their core business. As the likelihood of attacks become more frequent and financial impacts more severe, the demand for our solution has grown significantly. We continue to future-proof our technology to stop threats and help our clients protect their network security.”