BT Partnered with Trapx Security to Provide Deception Technology to its Customers
Trapx
based Deception technology to minimise risk of malicious attack for BT
customers
South
Africa: BT, one
of the world’s leading provider of communication and services, announced the
partnership with Trapx security to enable its customers mitigate the risk of
malicious attacks and threats globally.
Enterprises are facing
difficulty to defend their system against increasing cyber adversaries. The
advanced solution provided by Trapx Security will enable BT customers to
rapidly and economically deploy deception traps providing highest-fidelity
indications of advanced attackers.
The advanced threat solution
creates and deploys hundreds of traps across internal enterprise network
thereby diverting attacker away from the real IT asset. The wide range of
deception technology and flexibility are some of the important features in BT
decisions to append technology into their product portfolio to sell to its
customer.
TechSci Research depicts that
the rising demand for deception technology would play a vital role in financial
and Insurance sectors along with defence, healthcare, finance, energy etc. wherein
data security is of utmost importance. Organization adopting cloud technology
are also facing new set of dynamic technology challenges that requires
strengthening and improve data security through new deception solutions.
According to the recent
report published by TechSci Research, “Global
Deception Technology Market, By Deception
Stack, By End User, By Region, Competition Forecast and Opportunities,
2011-2021”, the global market for
deception technology is projected to grow at a CAGR of over 10% during
2016-2021, due to growing government concerns over IT security, increasing
IT security budgets of organization coupled with growing need for a secure
network and encrypted database by enterprises, globally. In 2015, North America
was the largest market for deception technology due to rising instances of
cyberattacks in the region. TrapX Security, LogRhythm and Rapid7 are few of the
leading players operating in the global deception technology market. BFSI, IT
& Telecom, Energy & Power, and Retail are the key end user segments, where
deployment of deception technology is anticipated to increase in the coming
years.