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ShadowPlex

ShadowPlex is a cloud-based cybersecurity software that helps businesses automate alert triage, control cyber vaccines, monitor network casualties, and more. The solution allows users to gain insights into identity repositories an...Read more about ShadowPlex

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Enigma Vault

Enigma Vault offers cloud-based data security solutions that protect what's most important. Practically every industry has been plagued with data security issues: data breaches through application vulnerabilities, cloud bucket st...Read more about Enigma Vault

4.8 (4 reviews)

Blackpoint MDR

Blackpoint Cyber is a technology-focused cybersecurity company headquartered in Maryland, USA. The company was established by former US Department of Defense and Intelligence security experts and leverages its real-world cyber exp...Read more about Blackpoint MDR

Libraesva Email Archiver

Libraesva Email Archiver is an email archiving solution that helps organizations with email governance, risk management, and compliance. It provides rapid e-Discovery through instant full-text search of archived emails. The softw...Read more about Libraesva Email Archiver

ConnectWise SIEM

ConnectWise SIEM (formerly Perch) is a threat detection and response management solution that allows organizations to design, deploy and manage custom cybersecurity programs. The platform includes a threat hunting functionality wi...Read more about ConnectWise SIEM

ConnectWise Cybersecurity Management

What is ConnectWise Cybersecurity Management? ConnectWise Cybersecurity Management software and support solutions help MSPs protect their clients’ critical business assets. From 24/7 threat detection monitoring, incident response...Read more about ConnectWise Cybersecurity Management

ManageEngine PAM360

PAM360 is a web-based privileged access management (PAM) solution that defends enterprises against privilege misuse by regulating access to sensitive company information. Through powerful privileged access governance, smoother wor...Read more about ManageEngine PAM360

5.0 (1 reviews)

ManageEngine Log360

Log360 is a SIEM or security analytics solution that helps you combat threats on premises, in the cloud, or in a hybrid environment. It also helps organizations adhere to compliance mandates such as PCI DSS, HIPAA, GDPR and more. ...Read more about ManageEngine Log360

TRAC

TRAC is a budget-friendly, integrated GRC tool designed to make compliance painless. Combining built-in intelligence and easy-to-use workflows, TRAC users can complete critical information security tasks such as vendor management...Read more about TRAC

Netwrix Threat Manager (formerly StealthDEFEND)

Netwrix StealthDEFEND protects critical Active Directory and file system data. Detect even highly sophisticated threats in real-time. Respond automatically to attacks and abnormal behavior. Send threat data to ServiceNow, Slack, M...Read more about Netwrix Threat Manager (formerly StealthDEFEND)

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Netwrix Auditor

Netwrix Auditor is a security solution that helps organizations overcome compliance and operational challenges. Netwrix solutions empower you with total control over what's going on in your hybrid IT environment by delivering acti...Read more about Netwrix Auditor

Huntress

Huntress is a cloud-based cybersecurity solution, designed to help small to midsize businesses determine and respond to threats and vulnerabilities. Security teams can use the dashboard to track active incidents and investigatio...Read more about Huntress

Libraesva Email Security

Protect your business from disruption, financial loss and reputational damage. Libraesva Email Security stops known and emerging email threats from reaching their target, so you only receive legitimate messages. It provides except...Read more about Libraesva Email Security

Revulytics Compliance Intelligence

Revulytics Compliance Intelligence is a cyber-solutions platform that provides automated solutions for identifying and monetizing the unpaid use of software applications. RCI's patented approach combines internal and external data...Read more about Revulytics Compliance Intelligence

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Quantum Armor

With Quantum Armor, users can detect, monitor, and analyze all of their public-facing digital assets around-the-clock. All at the click of a button. Quantum Armor will even guide users step-by-step on how to mitigate their vulner...Read more about Quantum Armor

5.0 (1 reviews)

WIZ

Wiz enables organizations globally to rapidly identify and remove critical risks in cloud environments. Wiz secures everything organizations build and run in the cloud. Founded in 2020, Wiz is the fastest-growing software company...Read more about WIZ

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MixMode

MixMode is a no-rules Cybersecurity platform, serving large enterprises with big data environments across a variety of industries. We deliver a patented, self-learning platform that acts as the Cybersecurity Intelligence Layer℠ to...Read more about MixMode

4.7 (3 reviews)

DNSFilter

DNSFilter is a cloud-based cybersecurity software that helps businesses leverage AI technology and DNS protection to streamline threat detection and content filtering processes. Professionals can classify unknown websites into mul...Read more about DNSFilter

Alyne

The Alyne platform for governance, risk and compliance (GRC) provides intuitive, AI-enabled capabilities to dynamic enterprises across the globe. Mitratech’s GRC platform enables organizations of all sizes to transform their GRC p...Read more about Alyne

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ESET Endpoint Security

ESET Endpoint Security software is a cloud-based and on-premises application for internet security and malware protection. It has a global user base that comprises businesses of every size. Cloud sandbox technology enables users t...Read more about ESET Endpoint Security

Buyers Guide

Last Updated: March 16, 2023

Despite technology advancements, cybersecurity remains a challenge for businesses across industries. Cyberattacks such as malware, ransomware, and phishing can breach enterprise systems and networks to steal confidential client and business data. Also, cybercriminals are continuously coming up with new attacking tools and techniques, making cybersecurity the need of the hour for all businesses.

Cybersecurity software can help protect your computer systems, IT networks, software platforms, and mobile applications from hacking attempts. It uses security technologies such as encryption, endpoint protection, and multi-factor authentication (MFA) to protect your enterprise data in real time from cyberattacks.

A wide range of cybersecurity software tools are available on the market, so choosing the right one for your needs and budget can be time-consuming. To help you, we’ve created a buyers guide that has all the information you’ll need to narrow down your shortlist.

Here’s what we’ll cover:

What is cybersecurity software?

Cybersecurity software is a software solution that identifies vulnerabilities and potential threats to protect business systems, applications, and networks from cyberthreats, including viruses, ransomware, and phishing attempts. It uses a combination of technologies such as firewall protection, data encryption and backup, incident response, and website scanning to prevent unauthorized access and ensure real-time enterprise security.

There are many types of cybersecurity software solutions, such as data encryption tools, web vulnerability scanning tools, network defense tools, penetration testing tools, antivirus software, and firewall software. Application security, information security, network security, operational security, and disaster recovery are some common business applications of these tools.

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Summary of security status in avast! Endpoint Protection (Source)

Common features of cybersecurity software

Selecting software with the right features is easier when you know what the most common features are and what they do. Here’s a look at a few of those features.

Vulnerability scanning

Scan your systems, software, and networks at regular intervals to detect and report on any new or existing security vulnerabilities, such as viruses and malware.

Threat mitigation

Employ security techniques to detect existing threats, reduce the impact of the detected threats, and prevent the occurrence of new threats. All identified security threats are quarantined to prevent contamination of other files and data.

Incident management

Set up a plan of action to follow in case a security incident is identified. Log incidents by priority, and diagnose the issue to reduce downtime.

Data encryption

Encrypt your business data, so it can be accessed or decrypted only by users that have the encryption key (i.e., a password or passcode). To people who don’t have the key, encrypted data appears as scrambled or unreadable text.

Single sign-on

Use a single set of login credentials (e.g., a username and password) to access multiple software applications or platforms.

Two-factor authentication

Set up a dual authentication mechanism to allow user access to business data and applications. All users have to verify their identity using two sets of credentials (e.g., mobile push authentication along with the standard username and password).

What type of buyer are you?

Before you start evaluating cybersecurity software options, you'll want to know which buyer category you belong to. Most buyers belong to one of the below categories.

  • Small and midsize businesses (up to 500 employees): These buyers have fewer users and IT assets compared to large enterprises. They’re on the lookout for a tool that can regularly scan their IT infrastructure for potential cybersecurity threats and vulnerabilities. A cloud-based cybersecurity solution that doesn't require substantial investment for infrastructure maintenance would be a suitable option for these buyers. Vulnerability scanning and threat mitigation are a few features they should look for.

  • Large enterprises (over 500 employees): Compared to small and midsize businesses, these buyers have a larger number of users and IT assets. Thus, their cybersecurity needs (firewalls, data encryption, etc.) are more extensive. They should opt for a full-featured cybersecurity platform to authenticate multiple users, manage large numbers of IT assets, and integrate the software with their existing tools, such as endpoint security software, for seamless data transfer.

Benefits of cybersecurity software

Some of the benefits of cybersecurity tools may be clear from our discussions above, but we've listed the most notable ones in this section.

  • Protect sensitive business data: Cybersecurity software encrypts your enterprise data to protect it from hacking attempts by unauthorized users. With encryption, your data is converted into an unrecognizable, coded format, which can be unlocked only by users who have the encryption key—i.e., a password or passcode.

  • Secure your computer networks: In the majority of cases, cyberattacks are launched through an organization's computer network. Cybersecurity solutions identify malicious network activities and immediately send a notification, so you can take appropriate action. They use various security techniques, such as vulnerability scanning, threat detection, and firewalls, to monitor your networks in real time and prevent attackers from stealing sensitive data.

Key considerations when selecting cybersecurity software

Listed below are some important points to consider when purchasing a security solution.

  • Mobile app availability: Check if the cybersecurity software you’re planning to buy offers mobile apps for iOS and Android devices, such as smartphones and tablets. Ask vendors if their mobile apps provide access to daily security reports and analytics, so you can monitor your users and IT infrastructure even on the move.

  • Customer support: Inquire about the type of support provided by your shortlisted vendors: 24/7, 24/5, or only during business hours. Also, verify if they are available on your preferred support channels, such as email, phone, or live chat. Support services will help fix any network or system issues that can lead to loss of sensitive data.

Market trend to understand

Here’s a recent trend in the cybersecurity software market that you should be aware of:

  • Increasing use of artificial intelligence (AI) and machine learning (ML) to detect cyberattacks in real time: Manual and semiautomated threat detection techniques aren’t able to keep up with today’s constantly evolving cyberattack landscape. In such scenarios, AI and ML technologies are being used to bring the incident response time down to a few seconds via real-time threat intelligence and data security. AI and ML capabilities are being directly deployed at network endpoints, such as mobile phones, laptops, desktops, tablets, and servers, to detect and combat threats in real time.

Note: The application selected in this article is an example to show a feature in context and isn’t intended as an endorsement or a recommendation. It has been obtained from sources believed to be reliable at the time of publication.