Cybersecurity News. PHOTO: Cybercrime Magazine.

25 Fastest Growing Cybersecurity Companies

This week in cybersecurity from the editors at Cybercrime Magazine

Read the Full Story in Insider Monkey

Sausalito, Calif. – Jun. 11, 2024

Cybersecurity Ventures stated that victims of cybercrime lost $6 trillion in 2021, and that figure is expected to rise to $10.5 trillion by 2025, at a rate of 15 percent per year.

Insider Monkey ranked the 25 fastest-growing companies that are fighting cybercrime.

SentinelOne tops the list for being the fastest-growing cybersecurity company in the world. In Q1 2024 their revenue increased 70 percent year-over-year to $133.4 million and annualized recurring revenue (ARR) grew 75 percent year-over-year to $564 million. Their number of customers with over $100,000 in ARR reached 917, growing 61 percent year-over-year.

Zscaler came in at number two on the list, followed by Crowdstrike. Rounding out the top five are Cloudflare and Blackberry.

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