Defending Data And Identities
The global data protection market is being driven by the growing volume of data being generated across various industries such as financial services, manufacturing, retail, IT and telecommunications. Companies are therefore looking for new technologies to monitor, manage and protect this growing volume of data, which in turn is expected to positively influence the market over the next half-decade.
Growing concerns around cybersecurity and critical data loss coupled with the need for protection from malware and ransomware are further expected to fuel market growth. Moreover, increasing spending by governments and others on security combined with growing concerns over highly valuable data being breached is expected to create lucrative opportunities in the market over the next several years.
The global data protection market is expected to grow at a formidable rate of around 10 percent until 2025, according to Research and Markets. From passwordless authentication and removing excess cloud permissions to securing shared credentials and automating responses to security questionnaires, here’s a look at what the 20 coolest identity management and data protection companies are doing.
[RELATED: The 2021 Security 100]