Boston, MA: With cybercrime on the rise and costing organizations billions of dollars annually, it’s no wonder CIOs are more concerned with the myriad components of security offerings. A recent ranking done by Cybersecurity Ventures listed the top 500 security companies to watch in 2015, and Cryptzone ranked #48. In addition to the recent ranking, Cryptzone, a provider of dynamic, context-aware network, application and content security solutions, will unveil its next-generation product at this year’s RSA conference (San Francisco, April 20-24).

“With the proliferation of cyberattacks, organizations are increasingly seeking out trusted partners who can provide them with a layered approach to security to stop attackers at every vulnerable organizational entry point,” said Kurt Mueffelmann, president and CEO for Cryptzone. “We are honored to be recognized for efforts to resolve multi-faceted and layered issues that security has presented for today’s organizations.”

The cybersecurity industry is growing from $71 billion in 2014 to a projected $155+ billion in 2019, according to consolidated estimates by IT research firms and analysts that appear in the latest edition of Cybersecurity Market Report.

“Cryptzone is one of the hot and innovative companies that the market can really trust and depend on due to its multi-layered approach to security,” said Steve Morgan, founder and CEO of Cybersecurity Ventures, and publisher and Editor-In-Chief of the Cybersecurity 500. “Cryptzone’s recent acquisition of HiSoftware Inc., a leading provider of GRC solutions, enhances Cryptzone’s expertise in securing critical data in the cloud, on mobile devices and in customer data centers.”

The directory rankings were based on selection criteria that included:

Cybersecurity Sector (market category)

Problem(s) Solved

Customer Base

Feedback from CISOs and Decision Makers

Feedback from IT Security Evaluators and 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