SOURCE: TrapX Security

TrapX Security

February 13, 2017 13:55 ET

TrapX Security Wins Cyber Defense Magazine Award 2017

TrapX DeceptionGrid Recognized as the Hot Company in Deception-Based Security Solution

SAN MATEO, CA--(Marketwired - Feb 13, 2017) -  TrapX Security®, a global leader in deception-based advanced cyber-security defense, today announced DeceptionGrid™ was recognized as the 2017 Hot Company in Deception Based Security Solution by Cyber Defense Magazine for its annual award program.

The Cyber Defense Magazine Awards recognize companies in the Information Security space that provide unique and compelling value based on their product or service. Honorees are selected by certified security professionals who vote based on independent reviews.

"The ever-evolving threat landscape has impacted a number of industries, including healthcare, financial services and manufacturers of Internet-connected devices. TrapX DeceptionGrid is designed to detect the movement and strategies of cyberattackers who have already penetrated the network, fundamentally changing the game by keeping attackers disorientated," said Greg Enriquez, CEO of TrapX Security. "Being recognized by fellow security professionals and Cyber Defense Magazine is an honor and reaffirms the value DeceptionGrid brings to our customers."

About DeceptionGrid
DeceptionGrid provides a multi-tier deception architecture that is designed to match attackers' techniques and deceive them at every step. Through the use of deception Tokens (lures) as well as of camouflaged medium- and high-interaction Traps (decoys), DeceptionGrid baits, engages and traps attackers among an organization's actual IT resources. TrapX traps appear identical to real operational IT assets and connected Internet-of-things (IoT) devices. Deception in Depth takes the illusion further by engaging sophisticated attackers through a facade of convincing network traffic among the traps.

When cyber attackers penetrate an enterprise perimeter, they move laterally to locate high-value targets. DeceptionGrid dynamically baits, engages and traps attackers across all areas of the network. Just one touch of the DeceptionGrid by an attacker sets off a high-confidence alert. DeceptionGrid integrates with key elements of the network and security ecosystem to contain attacks and enable a return to normal operations.

"We're thrilled to recognize next-generation innovation in the information security marketplace, and that's why TrapX has earned this award from Cyber Defense Magazine. Some of the best Information Security defenses come from these kinds of forward-thinking players who think outside of the box," said Pierluigi Paganini, editor-in-chief, Cyber Defense Magazine.

Learn more from TrapX at RSA
TrapX vice president of product strategy Anthony James will be speaking at RSA on Thursday, February 16, 2017, from 8:00 - 8:45 a.m. James will be discussing the vulnerabilities and attack strategies affecting today's global healthcare institutions and will detail how a medical device at a hospital with ten member hospitals was compromised because the device was using an older operating system. He will explain how deception technology was used to identify an X-ray image viewer that was compromised and used as a command-and-control center for the attacker, enabling it to move laterally through the hospital's network.

Trademark Notice
TrapX Security® is a registered trademark and DeceptionGrid™ is a trademark 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 deception based cyber security defense. Our solutions rapidly detect, deceive and defeat advanced cyberattacks and human attackers in real time. DeceptionGrid provides automated, highly accurate insight into malicious activity unseen by other types of cyber defenses. By deploying DeceptionGrid, you can create a proactive security posture, fundamentally halting the progression of an attack while changing the economics of cyberattacks by shifting the cost to the attacker. The TrapX Security customer base includes Forbes Global 2000 commercial and government customers worldwide in sectors that include defense, healthcare, finance, energy, consumer products and other key industries. Learn more at www.trapx.com.