U.S. Financial Services: Cybersecurity Systems & Services Market

Published: July 2015
No. of Pages: 663
    ReportsandReports

This report focuses on the U.S. financial services demand side of cybersecurity products, systems & services. It is based on hundreds of interviews with financial institutions’ cybersecurity customers, CEOs, CISOs and CIOs as well as cybersecurity industry executives and world-class experts.

The surge and sophistication of "successful" cybercrimes against the U.S. financial services enterprises, major retail chains, and banks during 2013-2015, when over 600 million customers’ bank records and payment cards were compromised, shook the board rooms of the U.S. financial institutions.

Considering the economic and business implications, it has now become mandatory for the financial industry to significantly increase its investments in state-of-the-art cybersecurity technologies, solutions, and outsourced services to detect, prevent, analyze and resolve the epidemic of financial cybercrime.

According to the “U.S. Financial Services: U.S. Financial Services: Cybersecurity Systems & Services Market – 2016-2020" report, the U.S. financial institutions cybersecurity market is the largest and fastest growing private sector cybersecurity market. Its cumulative 2016-2020 size is forecasted to exceed $68 Billion.

We corroborated our findings by conducting a meta study which integrated the results of eight individual surveys performed by others (e.g., Verizon, IBM, SANS survey for: Blue Coat, FireEye, ForeScout, Raytheon, Sourcefire Tenable Network, N.Y. State Department of Financial Services, Accenture, Zurich Insurance and more) with thousands of combined responders.

This report is a resource for executives with interests in the industry. It has been explicitly customized for the cybersecurity industry and financial services decision-makers to identify business opportunities, developing technologies, market trends and risks, as well as to benchmark business plans.

Questions answered in this 663-page report include:

  • What will the market size and trends be during 2016-2020?
  • Which are the submarkets that provide attractive business opportunities?
  • What is the U.S. financial institutions industry structure?
  • Who are the decision-makers?
  • What drives the U.S. banking & financial services managers to purchase solutions and services?
  • What are the customers looking for?
  • What are the technology & services trends?
  • Where and what are the market opportunities?
  • What are the market drivers and inhibitors?
  • Who are the key vendors?
  • What are the challenges to market penetration & growth?

The report examines each dollar spent in the market via two orthogonal money trails: Technology & Service sectors and the Financial Services sectors that procure the products & services.

Also included with this report: a roster of 21,653 banking and financial services enterprises that are potential cybersecurity customers. 87% of the listed enterprises include corporate contact information. Provided in an Excel file, the roster is segmented into 10 U.S. financial industry sectors (Banks, Credit Card Issuers, Credit Unions, Insurance Companies, Pension Funds, Accounting Companies, Stock Brokerage Companies, Stock Exchanges, Mortgage Companies and Real Estate Investment Companies).

We particularly look into the retail industry primes and the payment cards industry commitment to replace the 1970s security technology magnetic stripe cards and point of sale cash card scanners by new chip & pin cards and POS reading equipment.

The report presents in 663 pages, 259 tables & figures, analysis of 23 current and pipeline services & technologies and 193 leading cybersecurity vendors. It is explicitly tailored for both the cybersecurity industry and banking & financial services industry decision-makers. The report details market & legislation trends, and enables the two communities to identify business opportunities, present pipeline technologies, market size, legislation trends, drivers and inhibitors. It also provides for each submarket 2013 -2014 data, analyses, and projects the 2015-2020 market and technologies from several perspectives, including:

  • Business opportunities and challenges
  • SWOT analysis
  • Market analysis (e.g., market dynamics, market drivers and inhibitors)

2013-2020 market size data & forecasts, current & emerging technologies & services, key facts, sector background and analysis of the following 18 submarkets:

1. Endpoint Security
2. Identity and Access Management
3. Mobile Enterprise Management
4. Mobile Security
5. Security Information and Event Management
6. Content Security
7. Data Loss Prevention (DLP)
8. Datacenter Security
9. Firewall
10. Next Generation Firewall
11. IDS/IPS
12. Unified Threat Management
13. Cloud-Based Services
14. Vulnerability/Risk Management & Managed Security Services
15. Consulting Services
16. Integration Services
17. Education and Training Services
18. Forensics, VPN, Web Security, Policy & Compliance and Other Services

2013-2020 market size data & forecasts, key facts and analysis of 7 banking & financial services sectors:
1. U.S. Banking Industry
2. U.S. Insurance Industry
3. U.S. Credit Card Companies & Mobile Payment Providers industry
4. U.S. Government Related Financial Services industry
5. U.S. Stock Brokerages & Exchanges
6. U.S. Pension Funds industry
7. U.S. Credit Unions, Investment Funds, Accountancy Companies & Other financial sectors

The report includes:

8 Appendices:

Appendix A: Other Banking & Financial Services Cybersecurity Solutions
Appendix B: Techno-Tactical Trends
Appendix C: Cyberspace Layers
Appendix D: Cybersecurity Standards
Appendix E: The E.U. Banking and Financial Services Security Regulations
Appendix F: Payment Card Transactions & Security Systems
Appendix G: Financial Sector Acronyms & Glossary
Appendix H: NIST – Framework for Improving Critical Infrastructure Cybersecurity

Data on 191 Cybersecurity companies operating in the market (profiles, contact information & management personnel) including:

41st Parameter, Accenture, Agiliance, AhnLab, Airbus, AirWatch, Akamai, Alert Logic, AlertEnterprise, AlienVault, Alt-N Technologies, Application Security, AppSense Limited, Arbor Networks, Attachmate, Authentify, AVAST Software, Aveksa, AVG Technologies, Avira, Barracuda Networks, Beyond Security, BeyondTrust, Bit9, Bitdefender, BlackBerry, BlackStratus, Blue Coat Systems, BoxTone, Bromium, BullGuard, Cassidian Communications Inc., Catbird Networks, Centrify, Cenzic, Check Point, CipherCloud, Cisco Systems Inc, Clearswift, Click Security, CloudFlare, CloudLock, Code Green Networks, Commtouch Software, Comodo, CORE Security, Corero Network Security, Courion, Covisint, CrowdStrike Holdings, CSID, Cyber Operations, Cyber-Ark, CyberArk Software, Cyberoam, Cyren, Damballa, DigiCert, Digital Info Security Company, EdgeWave, EiQ Networks, Elbit Systems, Enterasys Networks, Entrust, ESET, Exobox Technologies Corp, Extreme Networks, Faronics Technologies, Fast facts, Fiberlink, Fidelis Security Systems, FireEye, FireMon, ForeScout Technologies, FoxGuard Solutions, F-Secure, Fulcrum IT Services Company. LLC, G2 Web Services, Gemalto, General Dynamics, GFI Software, Good Technology, Guardian Analytics, Guidance Software, Hewlett-Packard Co, HyTrust, ID Analytics, Igloo Security Inc, Imprivata, Intel Security Group, International Business Machines Corp, Intrusion Inc, IOActive, Iovation, Juniper Network, Kaspersky Lab, L-3 Communications, Lacoon Security Ltd, Lancope, LANDesk Software, LogRhythm, Lookingglass Cyber Solutions, Lookout Mobile, Lumension Security, M5 Network Security, Mandiant, Mantech International Corp, Memento, Merlin International, MessageLabs, MetricStream, Mobile Active Defense, Mobile Vault, MobileIron, Mobilityone Ltd, Mocana, MU Dynamics, N-Dimension Solutions, NetCentrics Corporation, Network Security Systems, Nics Tech Co. Ltd., NIKSUN, NSS Labs Inc., Odyssey Technologies, Okta, OpenDNS, Palantir Technologies Inc, Palo Alto Networks Inc, Panda Security, ParetoLogic, Perimeter Internetworking Corp., PerspecSys, Ping Identity, Prolexic Technologies, Proofpoint, Qualys Inc., Quick Heal Technologies (P) Ltd., QUMAS, QuoVadis, Radware Ltd, Rapid7, Raytheon Pikewerks Corporation, Red Lambda Inc., ReD plc, RedSeal Networks Inc., Retail Decisions Plc, RLM Communications Inc., RSA Security LLC, SafeNet Inc., SailPoint Technologies Inc., SAINT Corporation, Salient Federal Solutions Inc., SecurityMetrics, Senetas Corp Ltd, SilverSky, Skybox Security Inc., SolarWinds, Solera Networks Inc., Sophos Ltd., Sotera Defense Solutions Inc., Splunk Inc., Stormshield Network Security (Formerly: NETASQ S.A.), Strikeforce Technologies, Symantec Corporation, Sympli ied Inc., Synectics Plc, Tangoe, TeleSign Corp., Tenable Network Security, Thales, The KEYW Holding Corporation, ThreatMetrix, TIBCO Software, TraceSecurity, Trend Micro Inc, Tripwire, Trusteer, Trustwave, Utimaco Safeware Inc., Vanguard Integrity Professionals Inc., Varonis Systems, VASCO Data Security International, Venafi, Veracode, Verdasys, Verint Systems Inc, WatchGuard Technologies, Webroot, WhiteHat Security, Workshare Technology, Zix Corporation, Zscaler

Company Profiles

41st Parameter
Accenture
Agiliance
AhnLab
Airbus
AirWatch
Akamai
Alert Logic
AlertEnterprise
AlienVault
Alt-N Technologies
Application Security
AppSense Limited
Arbor Networks
Attachmate
Authentify
AVAST Software
Aveksa
AVG Technologies
Avira
Barracuda Networks
Beyond Security
BeyondTrust
Bit9
Bitdefender
BlackBerry
BlackStratus
Blue Coat Systems
BoxTone
Bromium
BullGuard
Cassidian Communications Inc.
Catbird Networks
Centrify
Cenzic
Check Point
CipherCloud
Cisco Systems Inc
Clearswift
Click Security
CloudFlare
CloudLock
Code Green Networks
Commtouch Software
Comodo
CORE Security
Corero Network Security
Courion
Covisint
CrowdStrike Holdings
CSID
Cyber Operations
Cyber-Ark
CyberArk Software
Cyberoam
Cyren
Damballa
DigiCert
Digital Info Security Company
EdgeWave
EiQ Networks
Elbit Systems
Enterasys Networks
Entrust
ESET
Exobox Technologies Corp
Extreme Networks
Faronics Technologies
Fast facts
Fiberlink
Fidelis Security Systems
FireEye
FireMon
ForeScout Technologies
FoxGuard Solutions
F-Secure
Fulcrum IT Services Company. LLC
G2 Web Services
Gemalto
General Dynamics
GFI Software
Good Technology
Guardian Analytics
Guidance Software
Hewlett-Packard Co
HyTrust
ID Analytics
Igloo Security Inc
Imprivata
Intel Security Group
International Business Machines Corp
Intrusion Inc
IOActive
Iovation
Juniper Network
Kaspersky Lab
L-3 Communications
Lacoon Security Ltd
Lancope
LANDesk Software
LogRhythm
Lookingglass Cyber Solutions
Lookout Mobile
Lumension Security
M5 Network Security
Mandiant
Mantech International Corp
Memento
Merlin International
MessageLabs
MetricStream
Mobile Active Defense
Mobile Vault
MobileIron
Mobilityone Ltd
Mocana
MU Dynamics
N-Dimension Solutions
NetCentrics Corporation
Network Security Systems
Nics Tech Co. Ltd.
NIKSUN
NSS Labs Inc.
Odyssey Technologies
Okta
OpenDNS
Palantir Technologies Inc
Palo Alto Networks Inc
Panda Security
ParetoLogic
Perimeter Internetworking Corp.
PerspecSys
Ping Identity
Prolexic Technologies
Proofpoint
Qualys Inc.
Quick Heal Technologies (P) Ltd.
QUMAS
QuoVadis
Radware Ltd
Rapid7
Raytheon Pikewerks Corporation
Red Lambda Inc.
ReD plc
RedSeal Networks Inc.
Retail Decisions Plc
RLM Communications Inc.
RSA Security LLC
SafeNet Inc.
SailPoint Technologies Inc.
SAINT Corporation
Salient Federal Solutions Inc.
SecurityMetrics
Senetas Corp Ltd
SilverSky
Skybox Security Inc.
SolarWinds
Solera Networks Inc.
Sophos Ltd.
Sotera Defense Solutions Inc.
Splunk Inc.
Stormshield Network Security (Formerly: NETASQ S.A.)
Strikeforce Technologies
Symantec Corporation
Sympli ied Inc.
Synectics Plc
Tangoe
TeleSign Corp.
Tenable Network Security
Thales
The KEYW Holding Corporation
ThreatMetrix
TIBCO Software
TraceSecurity
Trend Micro Inc
Tripwire
Trusteer
Trustwave
Utimaco Safeware Inc.
Vanguard Integrity Professionals Inc.
Varonis Systems
VASCO Data Security International
Venafi
Veracode
Verdasys
Verint Systems Inc
WatchGuard Technologies
Webroot
WhiteHat Security
Workshare Technology
Zix Corporation
Zscaler

Published By: Homeland Security Research Corporation
Product Code: Homeland Security Research Corporation36


Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:


Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: