Illusive Networks
What they do: Provide deception-based cybersecurity.
Problem they solve: As the cost of security breaches continues to rise, many organizations are adding new security layers beyond firewalls and other perimeter defenses. Even so, can they keep up with new, sophisticated attacks, such as APTs?
The headlines would say, “no.”
The trouble is that persistent attackers will eventually find a weak link in your security – if they have the time and resources. And they only need to be successful once.
Backed by $30M, Big50-2017 startup illusive networks battles APTs with deception technology. http://wp.me/p330ZZ-iZ Click To TweetHow they solve it: illusive network’s deception-based cybersecurity tool, Deceptions Everywhere, is agentless technology that blankets a company’s entire network. To neutralize targeted attacks and Advanced Persistent Threats Every endpoint, every server, every network component, and all network traffic are all flooded with information that deceives attackers.
When attackers act upon the false information, illusive neutralizes the attack and triggers a detailed breach report enabling security administrators to detect, track, and contain the attack in its early stages, and without disruption to business.
Illusive’s system relies on its “Deception Management System,” or a machine learning platform that preemptively identifies attack pathways and autonomously creates best-fit deceptions based on continuous real-time environment analysis. According to illusive, this approach helps protect against such threats as wire transfer fraud, spear-phising, and ransomware.
Headquarters: Tel Aviv, Israel and New York
CEO: Ofer Israeli, who previously managed development for Check Point Software Technologies and was a research assistant in the Atom Chip Lab focusing on theoretical Quantum Mechanics.
Year Founded: 2014
Funding: illusive is backed by more than $30M in Series A and B investments from Microsoft Ventures, New Enterprise Associates (NEA), Bessemer Venture Partners, Marker LLC, Citi Ventures, Cisco Investments, and Eric Schmidt’s Innovation Endeavors.
Competitors include: TrapX Security, Cymmetria, GuardiCore, and vArmour.
Why they’re in the Big 50-2017
Illusive is backed by more than $30M in VC funding, and we’re bullish on deception technology. This niche is wide open, but in June 2017, illusive networks entered into an agreement with Intel to extend “deception-based cybersecurity from software to hardware.” The new tool will detect APTs and seeks to divert them, while also delivering real-time alerts providing customers with contextual forensics to neutralize threats in the initial stages. That deal is a big win.
