Another day another threat
The growing adoption of bringing your own device to organizations, stringent regulations and the need for compliance, as well as the introduction of cloud-based encryption are expected to drive the growth of email security. The rate of phishing and email scams has increased during the pandemic, and organizations have become more cautious in response when it comes to protecting confidential data stored on email servers.
The rapid growth in the use of cloud services has given rise to new and sophisticated threats, such as spear phishing, Trojans, ransomware, work email scams, social engineering, malware. and spam, which has put critical organizational data at risk. Email encryption solutions are gaining traction due to growing demands from businesses to protect business information and infrastructure.
The global email encryption market size is expected to grow at a compound annual growth rate of 23.8% over the next five years, from $ 3.4 billion in 2020 to $ 9.9 billion in 2020. ‘by 2025, according to MarketsandMarkets. Businesses in North America have been the most aggressive in adopting email encryption to prevent cyber attacks and commercial espionage, as well as to ensure data security and privacy.
As part of CRN’s annual Security 100 list, here are 20 web, application and messaging security companies that have doubled their efforts, from protecting cloud applications to embedding certificates on chips to identification. vulnerabilities in open source software; and protection against identity theft and phishing attacks.