The Cybersecurity Ventures second-quarter report lists Milpitas-based cybersecurity and malware protection business FireEye as the No. 1 hottest cybersecurity company. AlienVault and Norse of San Mateo also topped the list. Silicon Valley companies Splunk, Beyond Security, Palo Alto Networks, Intel Security Group, Caspira and Proofpoint also ranked in the top 30.
Cybersecurity Ventures, founded in 1999 and based in Menlo Park, is a research and market intelligence firm.

“FireEye is continuing to grow its global customer base and employee headcount, while getting kudos for its technology platform and product lineup, alliance partner integration, channel program, service and support from the entire cybersecurity community,” said Steve Morgan, CEO of Cybersecurity Ventures and editor-in-chief of the Cybersecurity 500, in a statement. “FireEye is a leader in IT and cloud security, and it's added to that by becoming a top brand in the burgeoning mobile security sector.”

Eoin Treacy's view

As banking, retail, insurance and entertainment move increasingly online, credit card companies have been some of the greatest beneficiaries because they insure purchases against fraud. Nevertheless, identity theft is the fastest growing crime in the USA, not least because chip and PIN technology is so underused and because Trojans can reside on one’s computer for lengthy periods without detection. 

As cyber threats become more sophisticated the requirement for greater security measures remains a growth industry and one which is increasingly competitive. This is creating demand both for software and hardware solutions. 

The list of the sector’s most significant companies in the above article highlights just how many are still privately held. Clicking through the constituents of the cyber security section of the Chart Library there are clear winners and losers.   

Akamai Technologies continues to extend its breakout to new 15-year highs and a sustained move below the 200-day MA would be required to question medium-term scope for additional upside. 

Check Point Software remains in a consistent uptrend.

Cisco Systems is bouncing from the region of the 200-day MA and remains on a recovery trajectory.

Harris Corp completed a yearlong range two weeks ago and continues to extend its breakout.

Radware appears to be breaking out of a first step above a four-year range.

Among relatively new entrants:

Palo Alto Networks remains in a consistent uptrend and a break in the progression of higher reaction lows would be required to question the medium-term uptrend. 

Fireeye found support three weeks ago in the region of the 200-day MA and the upper side of a three-month base. 

CyberArk Software IPOed in January and continues to rally back towards is February high.

The recently launched Cyber Security ETF (HACK) holds a number of the above companies and continues to advance.