In the coming years, the cybersecurity landscape will face a range of significant challenges. One of the most pressing is the constant advancement of cyber threats. Hackers and cybercriminals are continuously refining their methods to exploit vulnerabilities, requiring cybersecurity companies to innovate and adapt quickly.
The financial stakes are higher than ever. By 2029, the global cost of cybercrime damages is projected to reach USD 15.6 trillion, putting immense pressure on organisations to bolster their defences. In response, companies are significantly increasing their cybersecurity investments. Gartner projects that worldwide end-user spending on information security will total USD 212 billion in 2025, reflecting a 15.1% increase from 2024.
The widespread adoption of Internet of Things (IoT) devices and the rollout of 5G networks bring additional complexities. These technologies expand the attack surface, creating new vulnerabilities that demand advanced strategies to secure interconnected systems effectively.
Another critical issue is the shortage of skilled cybersecurity professionals. The demand for robust cybersecurity services has outpaced the supply of trained experts. This skills gap may hinder organisations' ability to implement and maintain effective security measures, leaving them exposed to potential threats.
Opportunities on the horizon
Despite these challenges, the future offers significant opportunities. Artificial intelligence (AI), generative AI (GenAI), and machine learning (ML) are poised to play pivotal roles in enhancing cybersecurity. These technologies enable faster threat detection, deeper insights, and more efficient responses to attacks.
By 2027, Gartner estimates that 17% of cyberattacks and data breaches will involve generative AI, highlighting its dual potential as both a tool for attackers and a cornerstone of defence strategies.
Cybersecurity companies in 2025
To navigate these challenges and leverage emerging opportunities, cybersecurity companies must prioritise innovation, talent development, and technology integration. Organisations that excel in these areas will lead the industry in 2025 and beyond, setting benchmarks for the future of cybersecurity.
In this article, we review notable developments from several cybersecurity companies in 2024. While these organisations are continuously innovating and evolving their offerings, this review highlights some of the key advancements shaping the industry.
The vendors in this article have been placed in random order. We do not endorse our readers to select only those vendors mentioned in this article. Our research consists of the opinion of our experts and should not be construed as statements of fact. When an organisation wishes to know which solutions fit them best, please contact Nomios. We are happy to help you in your search for the right solution.
Palo Alto Networks
Palo Alto Networks is a global leader in cybersecurity, serving over 80,000 customers worldwide. Known for its advanced Next-Generation Firewalls and cloud-based security solutions, the company counts 85 of the Fortune 100 companies and approximately 75% of the Global 2000 firms among its clients.
Key milestones
In 2024, Palo Alto Networks made significant strides in redefining cybersecurity. The introduction of Precision AI™-powered solutions addressed advanced threats while facilitating secure AI adoption. These innovations reinforced the company’s reputation for delivering integrated, intelligent cybersecurity tools.
Their leadership in the industry was further recognised with a Leader position in the 2024 Gartner Magic Quadrant for Endpoint Protection Platforms. Closing the year, Palo Alto Networks outlined its vision for 2025, focusing on the convergence of cybersecurity and AI to drive secure digital transformation.
Strategic acquisitions
Palo Alto Networks expanded its capabilities in 2024 through two key acquisitions
- Talon Security (finalised late 2023): Strengthened endpoint security by advancing secure web access across various devices.
- IBM’s QRadar SaaS Assets (completed in September 2024): A cloud-based SIEM solution that provides threat detection and response capabilities which strengthen their existing Cortex XSIAM platform.
CrowdStrike
Founded in 2011, CrowdStrike has become a leading player in the cybersecurity industry. The company’s flagship product, the CrowdStrike Falcon platform, is widely recognised for its effectiveness in defending organisations against advanced cyber threats.@
Software update incident
In July 2024, a faulty software update from CrowdStrike resulted in a global IT outage, affecting approximately 8.5 million Microsoft Windows devices. Critical sectors such as airlines, banking, and healthcare were impacted, with companies like Delta Air Lines reporting significant financial losses and pursuing legal action.
In response, CrowdStrike prioritised improving its quality assurance processes to prevent similar issues in the future. Despite this setback, the company demonstrated resilience, achieving a 32% increase in second-quarter revenue, totalling USD 963.9 million.
Key milestones
In 2024, CrowdStrike was named a Leader in the Gartner Magic Quadrant for Endpoint Protection Platforms for the fifth consecutive year. This recognition underscores the company’s commitment to providing robust endpoint security solutions.
Additionally, CrowdStrike’s 2024 Global Threat Report highlighted several critical trends in the evolving cyber threat landscape:
- Faster attack speeds: Adversaries now break out within an average of 62 minutes, with some attacks occurring in as little as 2 minutes.
- Rise in hands-on attacks: Intrusions using stolen credentials increased by 60%, making detection more challenging.
- Cloud under attack: Cloud intrusion attempts surged by 75%, with attackers leveraging legitimate credentials to remain undetected.
- Generative AI in cybercrime: Tools like generative AI have lowered the barrier to executing sophisticated attacks.
- Election interference: Over 40 elections globally were targeted by nation-state actors aiming to disrupt and spread discord.
Strategic acquisitions
To expand its capabilities, CrowdStrike made two notable acquisitions in 2024:
- Flow Security (acquired in March 2024): Enhanced real-time data protection across endpoints and cloud environments, adding advanced cloud data runtime security features.
- Adaptive Shield (announced in November 2024): Strengthened its portfolio with SaaS security posture management (SSPM), improving defences against identity-based threats in hybrid cloud setups.
Cisco
Cisco is a global leader in networking and cybersecurity, serving a diverse range of customers, including numerous Fortune 500 companies. The company provides a comprehensive portfolio of security technologies, including Secure Access Service Edge (SASE) and Zero Trust solutions, tailored to meet the needs of large enterprises.
Key milestones
In 2024, Cisco introduced Hypershield, an AI-driven framework designed to enhance kernel-level visibility and protection. Announced at the RSA Conference, Hypershield integrates artificial intelligence into security operations, providing organisations with deeper insights and automated defences to tackle increasingly sophisticated cyber threats.
Cisco’s efforts in network security were recognised in the 2024 Forrester Microsegmentation Wave report, where it was named a leader. This distinction highlights the company’s ability to deliver scalable, precise security solutions that help organisations safeguard their digital infrastructure.
Strategic acquisitions
Cisco expanded its cybersecurity portfolio in 2024 with several key acquisitions:
- Robust Intelligence (acquired August 2024): A leader in AI security, Robust Intelligence enhances Cisco’s capabilities to secure AI applications and meet evolving regulatory standards.
- DeepFactor, Inc. (acquired August 2024): This cloud-native application security company strengthens Cisco’s Secure Access (SSE) and Security Cloud offerings, improving protection and accelerating threat detection.
- Deeper Insights AI Ltd. (intent to acquire October 2024): Cisco announced plans to acquire this UK-based AI services company to enhance its CX AI offerings and drive enterprise-grade AI innovation.
Fortinet
Fortinet is a global leader in cybersecurity, known for its comprehensive, integrated, and automated solutions that address a wide range of cyber threats. Its offerings cater to organisations of all sizes, including Fortune 500 companies, service providers, and government agencies, delivering robust protection against an ever-changing threat landscape.
Key milestones
In 2024, Fortinet expanded its use of Generative AI (GenAI) across its solutions, enhancing existing tools like FortiAI and introducing innovations such as the Fortinet Advisor and the industry’s first GenAI IoT security assistant. These advancements streamlined threat analysis, improved response times, and simplified operations, reinforcing Fortinet’s leadership in AI-driven cybersecurity.
Fortinet also earned recognition as a Leader in the 2024 Gartner Magic Quadrant for SD-WAN, marking the fifth consecutive year of leadership and the fourth year ranked highest in Ability to Execute. This recognition underscores Fortinet's dedication to providing reliable, secure networking solutions that meet the needs of modern organisations.
Strategic acquisitions
In 2024, Fortinet strengthened its cybersecurity capabilities with two key acquisitions:
- Lacework (finalised June 2024): Expanded Fortinet’s AI-driven cloud security offerings, enhancing its ability to protect data across complex cloud environments.
- Next DLP (completed August 2024): Integrated advanced data loss prevention solutions into Fortinet’s portfolio, improving defences against insider threats and data breaches.
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Juniper Networks
Juniper Networks is a key player in the networking and cybersecurity industry, renowned for its innovative and AI-driven solutions. The company delivers advanced network security technologies tailored to the needs of modern enterprises, including global organisations, service providers, and government agencies. Juniper helps its clients secure and optimise critical infrastructure, enabling them to meet evolving digital demands.
Key milestones
In 2024, Juniper Networks demonstrated its commitment to innovation and strategic growth with several achievements. A major highlight was the launch of the Secure AI-Native Edge, an AI-driven cloud framework that unifies network and security operations. This solution provided enterprises with improved visibility and control, boosting both operational efficiency and cybersecurity effectiveness.
The launch of their AI-Native Networking Platform marked a significant step forward in integrating AI capabilities across wired, wireless, WAN, and data centre environments. Key innovations included Marvis Minis for proactive issue detection and an expanded Marvis Virtual Network Assistant, delivering deeper insights into data centre operations. Juniper further enhanced its portfolio by extending Mist AI to WAN routing with Mist Routing Assurance, enabling AI-driven anomaly detection and natural language troubleshooting for enterprise WANs. Additionally, the platform was upgraded to support Wi-Fi 7, leveraging advanced access points and high-power switches alongside AI-powered cloud networking to streamline the transition to next-generation wireless technology.
Another significant development was its partnership with Quantum Bridge Technologies to develop Distributed Symmetric Key Exchange (DSKE), a technology designed to address emerging threats from quantum computing advancements. This initiative marked an important step toward securing future digital infrastructures against quantum-era vulnerabilities.
Additionally, HP Enterprise’s announcement of a USD 14 billion acquisition of Juniper Networks underscored the company’s growing influence in the networking and cybersecurity landscape. This acquisition highlights Juniper’s value as a leader in the industry and reflects its pivotal role in shaping the future of secure digital infrastructure.
Vectra AI
Vectra AI has carved a niche in cybersecurity with its advanced AI-driven solutions designed to strengthen threat detection and response capabilities. The company focuses on enabling organisations to identify and address cyberattacks in real time, effectively managing even the most complex and stealthy threats.
Key milestones
In 2024, Vectra AI enhanced its Extended Detection and Response (XDR) platform to provide real-time visibility into active security postures. This upgrade empowered Security Operations Centre (SOC) teams to address vulnerabilities more effectively, particularly across hybrid environments where threats often go undetected.
Anticipating the rise of generative AI threats, including those posed by tools such as Microsoft Copilot, Vectra AI introduced innovative capabilities to detect and mitigate attacks leveraging this technology. These developments highlight the company’s proactive approach to staying ahead of emerging cybersecurity risks.
F5
F5 is a key provider of enterprise security solutions, offering a comprehensive suite designed to protect organisations across the entire digital landscape. Their solutions are adaptable, seamlessly securing applications whether they are hosted on-premises or across private, public, or multi-cloud environments.
Key milestones
In 2024, F5 made significant progress in cybersecurity, strengthening its technological capabilities to address emerging threats. The company demonstrated its leadership in API security with the Distributed Cloud API Security solution, which was recognised as the Best API Security Solution at the 2024 SC Awards. This accolade reflects F5's effectiveness in managing complex API security challenges.
In addition, F5 prioritised the integration of advanced technologies to enhance its offerings. A key focus was the convergence of security and observability, with the incorporation of artificial intelligence to improve threat detection and response. The use of eBPF (extended Berkeley Packet Filter) technology also enhanced telemetry capture and control, strengthening both security and observability across its solutions.
Strategic acquisitions
To further expand its cybersecurity capabilities, F5 made two key acquisitions in 2024:
- Wib Security, Inc. (February 2024): This acquisition enhanced F5's API security portfolio by adding advanced vulnerability detection and observability tools, addressing the increasing complexity of API threats.
- Heyhack ApS (March 2024): With this Denmark-based acquisition, F5 integrated automated penetration testing capabilities into its portfolio, streamlining security testing and improving organisations' ability to identify vulnerabilities proactively.
New and noteworthy cybersecurity companies for 2025
As we move into 2025, two emerging organisations are making a notable impact on the cybersecurity landscape: Wiz and Armis. Both companies are introducing innovative approaches to address the evolving challenges in cloud security and device protection.
Wiz
Wiz is reshaping cloud security with its agentless platform, offering IT and cybersecurity professionals unparalleled visibility and risk prioritisation across multi-cloud environments. The platform identifies vulnerabilities and misconfigurations without requiring complex integrations, enabling organisations to secure their infrastructure more efficiently and accelerate innovation.
Industries heavily reliant on cloud infrastructure, such as technology, finance, healthcare, and retail, find Wiz particularly valuable. Its ability to prioritise risks and integrate seamlessly into existing systems makes it an essential tool for organisations aiming to enhance their cloud security posture.
Armis
Armis specialises in securing unmanaged and connected devices across IT, IoT, OT, and medical environments. Its agentless platform provides real-time visibility and threat detection, enabling organisations to address vulnerabilities and protect diverse device ecosystems without disruption.
The platform is especially relevant for industries like healthcare, manufacturing, and critical infrastructure, where connected devices are both indispensable and vulnerable. Armis bridges the gap between IT and OT, safeguarding everything from medical equipment to industrial systems, and ensuring the security of both digital and physical operations.
Nomios’ cybersecurity vendors
The vendors we work with form the backbone of our cybersecurity architecture, empowering our customers to transition seamlessly to Zero Trust Access, Secure Services Edge (SSE), and Secure Access Service Edge (SASE) frameworks. By combining the cutting-edge technologies of these leading cybersecurity companies with Nomios’ local expertise, we enable organisations to build robust security architectures tailored to their needs.
Our approach focuses on maximising security, minimising costs, and delivering an exceptional user experience. This combination not only enhances security but also drives productivity across the organisation.
Every organisation is unique, and the ideal solutions depend on specific requirements. At Nomios, we are committed to helping you identify and implement the cybersecurity solutions that best fit your goals and challenges.
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