Nepal’s Bhairav Technologies among world’s leading companies in cyber security penetration testing. Nepali cyber security company Bhairav Technology has appeared in the list of important companies in the world in penetration testing. In a research done by ‘Allied Market Research’, Nepali companies are also included.
Numerous businesses and organizations in Nepal, Japan, Bangladesh, Singapore, Australia, the United Arab Emirates, France, Switzerland, and America have benefited from the services offered by Bhairav Technology. More than 200 “customers” (customer companies), according to the company’s CEO Vijay Limbu, are located all over the world.
Founded three years ago, Bhairav Technologies has been providing not only penetration testing but also cyber security operations center and cyber security governance risk and compliance services. The practice of defense in cyber security is called penetration testing.
It involves identifying cyber security weaknesses in the system and preventing potential cyber attacks. Among the world’s leading players in penetration testing are Bhairav, Brichlock Inc., Bugcrowd, Signity Technologies, Cisco Systems, Inc., CovertsWorm, iSecure, NetraGuard, NetSPI and NowSecure.
Similarly, the list of main companies includes Portswiger, Rapid Seven, Reboot Security, Security Metrics, Trustwave Holding, Boommetric Security, Astra Security. Nepal’s Bhairav Technologies among world’s leading companies in cyber security penetration testing.
The global penetration testing market is estimated to reach USD 5.3 billion by 2031, valued at USD 1.6 billion in 2021. It is mentioned that every year this sector is achieving a growth of 13.1 percent. Due to high usage of cloud computing solutions and services and increasing number of data centers, the penetration testing global market is expanding.
Under this, there are areas such as network penetration testing, application penetration testing, social engineering test, cloud penetration testing, etc. Penetration testing is done in industries such as banks and financial institutions, manufacturing, healthcare, government and defense, energy and utilities, retail and e-commerce, IT and telecom.
