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Introduced cyber security to the mass business market

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Leading investment house in Israel, managing over 77 Billion Dollars for private, business and institutional clients

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Developing percutaneous implantable technologies for patients with chronic heart failure

TrapX Named a 2015 “Cool Vendor” in Security Intelligence by Gartner

Cool Vendors in Security Intelligence Offer Highly Innovative Technologies That Address an Organization’s Demand for Data-Driven Analytics, Techniques in Obfuscation and Deception, and Advanced Detection Solutions

SAN MATEO, CA — May 5, 2015 — TrapX™, a global leader in deception-based cyber security defense, today announced that it has been named to the list of “Cool Vendors” in the Gartner Cool Vendors in Security Intelligence, 2015 report, authored April 24, 2015, by Ray Wagner, Lawrence Orans, Avivah Litan, Lawrence Pingree, Anton Chuvakin, Jeremy D’Hoinne, Craig Lawson and Oliver Rochford. Gartner’s Cool Vendors in Security Intelligence offer highly innovative technologies that address an organization’s demand for data-driven analytics, techniques in obfuscation and deception, and advanced detection solutions.

According to Gartner, “Deceptive security technologies provide a refreshing and complementary approach to enterprise security. They point to an increasing interest by CISOs to apply commercial approaches to deceiving and trapping hackers by presenting false information on files, applications and other system information. The need to pinpoint abnormal attack activities across internal networks more precisely is driving intelligence options in the market. CISOs have had to more readily accept that breaches will occur, but they have had limited visibility of post-breach traffic that traverses horizontally across networks.” The report further recommends “CISOs and other security decision makers should: Invest in deception technologies as an entirely complementary approach to rapidly detecting data breaches and attacks — and preventing them from doing further damage.”

TrapX’s DeceptionGrid™ automates the deployment of a network of camouflaged malware traps that are intermingled with real information technology resources. These traps appear identical in every way to real IT assets. Once sophisticated malware has slipped past other primary cyber defenses and penetrated the enterprise, it moves laterally to find high-value targets. Just one touch of DeceptionGrid sets off a high-confidence alert. Real-time automation isolates the malware and delivers a comprehensive assessment directly to an organization’s security operations team. The teams are now empowered to defend their enterprise and defeat the attacker.

“Today’s attackers are more sophisticated and better able to circumvent traditional perimeter and endpoint defense. Organizations are turning to deception-based technologies to protect critical assets from inside the network and to substantially reduce the time to breach detection. DeceptionGrid™, our flagship product, is complementary to our customers’ existing investments and now adds an important and recommended dimension to their cyber defense,” said Greg Enriquez, chief executive officer at TrapX. “We are deeply honored to be recognized by Gartner as a Cool Vendor in Security Intelligence. We believe this recognition exemplifies the strides we’ve made in educating the market on our DeceptionGrid technology and our ability to protect our customers from the latest advanced malware and persistent threats.”

Trademark Notice
TrapX Security™ and DeceptionGrid™ are trademarks licensed by TrapX Security, Inc.
Visit the TrapX Website: www.trapx.com
Watch a 60 Second Introduction to Deception Technology: http://trapx.com/whitehat-versus-blackhat/
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 TrapX
TrapX Security is a leader in the delivery of deception-based cyber security defense. Our 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.

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.
Media Contact:
Rick Popko
Trainer Communications
415-800-5381
rpopko@trainercomm.com