4 Online Data Protection Business Success Stories [2024]
Are you concerned about the growing threat of cyberattacks? Starting an online data protection business could be your answer. This venture involves offering services that secure and protect client data from cyber threats, hacking, and unauthorized access.
With the increasing reliance on digital platforms, businesses are more vulnerable to data breaches than ever. Your role would be to implement robust security measures like firewalls, encryption, and regular vulnerability assessments. Setting up this business entails obtaining certifications, staying up-to-date with the latest cybersecurity technologies, and possibly hiring a skilled team.
It’s a field that demands technical proficiency and constant vigilance, but it also provides the satisfaction of protecting sensitive information. Given the escalating demand for data protection, this is a business with substantial growth potential. If you have a knack for technology and a determination to thwart cyber threats, this could be an incredibly rewarding endeavor.
In this list, you'll find real-world online data protection business success stories and very profitable examples of starting a online data protection business that makes money.
1. DoControl ($9.3M/year)
Adam came up with the idea for Docontrol while working as a product manager at Google. He frequently collaborated with third-party partners and shared information through Google Drive.
However, Google’s information security team repeatedly asked him to revoke access for non-employees, causing frustration and interruptions. Adam realized that with over 100,000 employees, it was difficult for the security team to manage permissions accurately.
This led him to think there might be a better way to handle data sharing that would enhance security while minimizing frustration and boosting productivity.
Over the next three months, he spoke with more than 50 security professionals from various companies in New York, and they all mentioned the same problem in this area of data security, which validated his business idea.
How much money it makes: $9.3M/year
How many people on the team: 71
Learn how Adam Gavish created DoControl, a No-Code SaaS Security Platform generating an impressive $775K/month and $9.3M/year in revenue through targeted growth strategies and solving critical data security problems for businesses.
2. Symlex VPN ($792K/year)
S.M Nazmul Hasan, the CEO of Kolpolok Limited, had a passion for developing applications, which led him to start the company in 2015. After recognizing the increasing importance of VPNs in today's technology-dependent world, the team at Kolpolok Limited launched Symlex VPN. With over 6 million total subscriptions, 300,000+ paid subscribers, and 190,000+ daily engagements, Symlex VPN has become a worldwide necessity, particularly in the Middle East.
How much money it makes: $792K/year
How many people on the team: 35
Kolpolok Limited's CEO shares the journey behind their popular VPN service, Symlex VPN, which has over 6 million total subscriptions, 300k+ paid subscribers, and over 190k daily engagements worldwide.
3. G-71 ($120K/year)
Sergey, the founder of G-71, was working as an IT director when he witnessed a document leak through photography that damaged the CEO's reputation. Realizing the need for a solution, Sergey joined a company that was developing a product to prevent leaks. After its effectiveness was proven, Sergey became the CEO and focused on growing the business, which now has an annual turnover of almost $2 million.
How much money it makes: $120K/year
How much did it cost to start: $200K
How many people on the team: 3
This case study is about a cybersecurity company that developed a state-of-the-art information security solution that deter leaks of sensitive documents and detects leak sources in the case of an incident, with annual turnover of almost $2 million and a patented algorithm that applies invisible anti-leaks marks to documents, making 27,000 copies for every person on Earth.
4. Data Daddy Inc. ($60K/year)
While working in IT and getting deeply involved in crypto, Matthew D'Amour realized the massive gaps in data security and envisioned Data Daddy Inc. in 2015. His lightbulb moment: creating a platform for 4 billion mobile users to manage and monetize their personal data securely, generating $5K/month in early support.
How much money it makes: $60K/year
How much did it cost to start: $60K
How many people on the team: 3
Data Daddy Inc. is a mobile application that enables users to manage their personal data networks and automate manual data exchanges, such as exchanging information after a car accident, with the use of a scannable QR or URL. The company has generated $5K/month through an early supporter program and is targeting industries like eVisa, healthcare, and esports for automation.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.