Ireland may not produce many highly innovative cybersecurity companies, but Galway-based SpamTitan technologies is bucking that trend. The company has recently been rising up the ranks and has now taken its place among the best cybersecurity companies in the world, according to the latest Cybersecurity Ventures report.
Only four Irish companies have made it into the Q2 2015 edition of the Cybersecurity Ventures Cybersecurity 500 list: Netfort, PixAlert, VigiTrust and SpamTitan Technologies, with SpamTitan now having ascended to position 123.
This is a major achievement, with the company having previously been placed at 393 for the previous quarterly report. The massive jump in position has been attributed to the hard work put in by all members of staff, who are committed to providing the best possible service in the fight against cybercrime. The company can now be considered one of the best, and also one of the hottest new prospects in the world of cybersecurity.
Each quarter, Cybersecurity Ventures publishes its new top 500 list, which features companies from all around the world. Experts in the field of cybersecurity assess companies for the efforts made, as well as determining each company’s potential. CISOs, VCs and a host of security professionals provide their input for the reports.
Many similar reports tend to focus on the size of the company, turnover and profits achieved. This list is different as it is more concerned with potential and innovation. Founder and CEO of Cybersecurity Ventures, Steve Morgan, said, “We do not think a list of the largest cybersecurity companies is useful to our target audience of cyber and IT security decision makers, evaluators, and recommenders”. He went on to say, “They already know who the biggest vendors are. Instead, we give a nod to the hottest and most innovative companies.” It is, after all, these companies that really need the recognition.
The list contains all of the hottest new prospects and top performers, with the ranking based on each company’s merits and prospects. Ronan Kavanagh, CEO of SpamTitan Technologies is proud of the rise in position, and the value of the list. After hearing of the new position in the top 125 cybersecurity companies, he said, “We recognize the importance of being included on such a significant industry list as the Cybersecurity 500.” He went on to say, “At SpamTitan, our staff are assisting our customers on a daily basis in dealing with the constant threat of cyber attack, and this is now as important for the smaller businesses as it is for the fortune 500 company. We are delighted to be working with Cybersecurity 500 in highlighting the need for vigilance and raising awareness for all businesses.”
For further information, and to find out the full list of top 500 companies, visit www.Cybersecurity500.com