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The Lockdown

Thycotic’s Cyber Security Blog

Thycotic Earns Placement on Cybersecurity Companies To Watch In 2020 List


Written by Kali Linette

October 17th, 2019

WASHINGTON, D.C., Oct. 17, 2019 — Thycotic, provider of privileged access management (PAM) solutions to 10,000 organizations worldwide, including 25 percent of the Fortune 100, today announced it has been named one of the Hot 150 Cybersecurity Companies to Watch in 2020. The list was published by Cybersecurity Ventures, a leading researcher and publisher of reports covering global cybercrime damage projections, cybersecurity spending forecasts and cybersecurity employment figures. The prestigious list was announced at the recent FutureCon conference in Boston. 

The Hot 150 features the hottest and most innovative companies in the market, consisting of pure-play companies focused exclusively or primarily on cybersecurity. Selection criteria includes feedback from CISOs and decision makers; IT security evaluators and recommenders; venture capital raised; company growth (revenues and employees); customer base and notable wins/implementations; media coverage; research, reports, and surveys published; and more. 

Notably, Thycotic also received the special distinction of Editors’ Choice in its respective PAM category from Cybercrime Magazine.

“Being recognized as a hot company to watch in 2020, paired with our selection of Editor’s Choice, is simply another testament of our continued progress and leadership in the PAM market,” said James Legg, CEO of Thycotic. “We are always working toward addressing the No.1 issue in cybersecurity, and these accolades help validate our ongoing efforts to deliver the most innovative technology to our customers.”

Cybercrime Magazine will be publishing a new special section featuring editorial coverage on the Hot 150 companies through October and, in Q1 2020, will release annual lists featuring hot cybersecurity companies by market sector, location and others.