Wednesday, October 7, 2015

Patriot Technologies Named One of the World's Hottest Cybersecurity Companies

Patriot Technologies, headquartered in Frederick, MD, was named by Cybersercurity Ventures as one of the world's Hottest Cybersecurity Companies for 2015. The Cybersecurity 500 is a global compilation of leading companies who provide cybersecurity solutions and services. Patriot Technologies was one of 14 Maryland companies who made the list.

Patriot Technologies offers the ability to integrate multiple platforms to provide a holistic approach to Mobile Device Security Management. They bring their clients mobile device visibility, awareness, compliance, authentication & authorization, mobile application security, and continuous monitoring, and can assist in establishing mobile policy and security architectures.

The selection criteria for the Cybersecurity 500 is subjective and includes some or all of the following when evaluating each company:

• Cybersecurity Sector (market category)
• Problem(s) Solved
• Customer Base
• Feedback from CISOs and Decision Makers
• Feedback from IT Security Evaluators & Recommenders
• Feedback from VARs, SIs and Consultants
• VC Funding
• Company Growth
• Published Product Reviews
• Demos and Presentations at Conferences
• Corporate Marketing and Branding
• Media Coverage
• Notable Implementations
• Founder and Management Pedigree
• Interviews with Senior Management

About Maryland's Cybersecurity Industry
Maryland is home of the U.S. Cyber Command, and at the epicenter of Cybersecurity with 12 major military installations, 50 Federal agencies, Defense Information Systems Agency, National Security Agency, NIST and the National Cybersecurity Center of Excellence. The state of Maryland offers Cybersecurity companies industry specific incentives such as the Cybersecurity Tax Credit, Cybersecurity Funds through the Maryland Venture Fund as well as a Tax Credit for Employer Security Clearances Costs.

The Cybersecurity industry worldwide is growing from $77 billion in 2015 to $170+ billion in 2020, according to consolidated estimates by IT research firms and analysts cited in the Cybersecurity Market Report, published quarterly by Cybersecurity Ventures.