SOURCE: TrapX Security

TrapX Security

February 29, 2016 12:30 ET

TrapX Security Wins Cyber Defense Magazine Award 2016

TrapX DeceptionGrid Recognized as the Cutting Edge Deception Based Security Solution

SAN MATEO, CA--(Marketwired - Feb 29, 2016) - TrapX™, a global leader in deception-based advanced cyber security defense, today announced that the TrapX DeceptionGrid was recognized as the 2016 Cutting Edge Deception Based Security Solution for the annual Cyber Defense Magazine Awards.

The Cyber Defense Magazine Awards recognizes companies and organizations in the Information Security (InfoSec) space who provide unique and compelling value based on their product or service. Awards are judged based on independent reviews of a company's materials, including data sheets, white papers and product literature, by certified security professionals.

"As the pioneer of deception technology, TrapX is proud to be recognized as The Cutting Edge Deception Based Security Solution by certified security professionals representing the Cyber Defense Magazine Awards," said Greg Enriquez, CEO of TrapX Security. "The existing threats within an unforeseen landscape create challenges for organizations across all sectors. DeceptionGrid reduces the time to detect breaches from attackers who have already penetrated an organization's cyber defenses, giving security teams the ability to act quickly to identify the threat and then take appropriate action to block the attack so they can be back to business as usual." 

TrapX's DeceptionGrid next-generation technology provides automated, highly accurate insight into malware and malicious activity with real-time detection, analysis and defense against new zero-day and other advanced attacks unseen by other cyber defense solutions. DeceptionGrid leverages a network of traps, which are intermingled with a company's real information technology resources, that provide the ability to analyze the threat, determine its objectives or pull it offline altogether. These traps are identical to real IT assets, representing an additional security layer within the enterprise firewalls that prevents data from being transmitted out of the network and leveraged against the company. Once attackers touch a trap, a high-confidence alert is triggered and the attack can be compartmentalized.

"With a unique approach and highly advanced ability to analyze new zero-day malware and advanced persistent threats (APTs) through real-time detection and defense, we find TrapX DeceptionGrid to be the Cutting Edge Deception Based Security Solution of 2016," said Pierluigi Paganini, editor in chief of CDM.

In the Gartner research report "Emerging Technology Analysis: Deception Techniques and Technologies Create Security Technology Business Opportunities" (July 16, 2015), analyst Lawrence Pingree writes, "Deception solutions are emerging to play a greater role in the future of enterprise threat defense... Detection is often a prerequisite to higher-quality deceptions. However, use of deceit in the enterprise is beginning to be used to actively thwart or 'black-hole' malware botnets, threat actors and suspicious connections."

Access the full deception technology report here: http://deceive.trapx.com/GartnerEmergingTechnologyReport_210.html

Disclaimer:
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Trademark Notice
TrapX Security™ and DeceptionGrid™ are trademarks of TrapX Security, Inc.

More Information
Visit the TrapX Website: www.trapx.com
Listen to a customer testimonial: https://trapx.com/resources/case-studies/
Learn more about DeceptionGrid: http://trapx.com/products/deceptiongrid/
Visit the TrapX blog: http://www.trapx.com/blog/
Follow TrapX on Twitter: @trapxsecurity
Follow TrapX on LinkedIn: https://www.linkedin.com/company/trapx
Like TrapX on Facebook: https://www.facebook.com/pages/TrapX/258804147648401

About Cyber Defense Magazine
Cyber Defense Magazine is the premier source of IT Security information. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free, and limited print editions exclusively for the RSA conferences and our paid subscribers. Learn more about us at http://www.cyberdefensemagazine.com.

About TrapX
TrapX Security is a leader in dynamic deception operations. Our deception-based solutions rapidly detect, analyze and defend against new zero day and APT attacks in real-time. DeceptionGrid™ provides automated, highly accurate insight into malware and malicious activity unseen by other types of cyber defense. We enable a pro-active security posture, fundamentally changing the economics of cyber defense by shifting the cost to the attacker. The TrapX Security customer base includes global 2000 commercial and government customers around the world in sectors including defense, healthcare, finance, energy, consumer products and other key industries. Learn more at www.trapx.com.