TopSpin Launches DECOYnet Intelligent Deception Solution For Enterprises

Topspin to offer unique enterprise IOT solution based on deception technology to protect IOT environment, globally

Israel: TopSpin Security, a world leader in intelligent deception and detection technology, recently introduced latest version of DECOYnet intelligent deception solutions. DECOYnet is an intelligent deception solution which provides security analysis engine offering highly accurate placement of mini-traps and decoys to secure data from external threats.

Enterprise IOT security possess a great concern worldwide. With billions of connected devices deploying antivirus, encryption and other forms of protection, which are not capable enough to protect IOT environment, the company’s new solution is expected to overcome the limitation of IOT Security, resulting in a tripped alarm and alerts to Information Technology teams.

DECOYnet offers unique security solution for IOT environment which is powered by deception technology. The system supports devices such as printers, cameras/DVR’s, TVs, access control system, VOIP devices, industrial control system etc.          

TechSci Research depicts that the rising demand for deception technology would play a vital role in sectors where the data security is of utmost importance. Organization using interconnected devices to streamline work and improve operational efficiency will pave way for deception technology, globally.

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.