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This brand name would be well suited to a security company.
Luxsec has only six characters and only two syllables. Two syllable names make popular global brands. Two syllable names are used by established brands like Gucci, Pocket and Subway.
This domain was first registered in April 2019. Older domains have an advantage when ranking in search engines.
Luxsec.com is a dot-com domain. Dot com domains are the most popular, and the most desirable. Owning a dot-com says that you own the word "luxsec" online.
One suggestion for how this name could sound when used.