Illusive Networks
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| File:Illusive Logo.jpeg | |
| Company type | Private |
|---|---|
| Industry | Cybersecurity |
| Founded | 2014 |
| Headquarters | , |
Area served | Global |
Key people | Shlomo Touboul (CEO) Ofer Israeli (Founder) Nadav Zafrir (Chairman) |
| Products | Security software |
| Website | Official Website |
Illusive Networks (stylized illusive networks) is a cybersecurity firm headquartered in Tel Aviv, Israel.[1][2] The company produces technology that deceives cyber attackers by planting false information about given network's resources.[3][4] Network administrators are alerted when cyber attackers use security deceptions in an attempt to exploit the network.[5] Illusive Networks is the first company launched by the Tel Aviv-based incubator, Team8.[6] In June 2015, Illusive Networks received $5 million in Series A funding from Team8.[7]
History
Illusive Networks was founded in 2014[8] by Team8 and Ofer Israeli, with Shlomo Touboul joining as the company's CEO.[9] In June 2015, Illusive received $5 million in Series A funding from cybersecurity incubator, Team8. Team8 is funded by a group of investors, including Google Chairman Eric Schmidt's venture capital fund, Innovation Endeavors, Alcatel-Lucent, Cisco Systems, Marker LLC, Bessemer Venture Partners, and others.[6] While in Israel at the 5th Annual International Cybersecurity Conference in 2015, Schmidt paid a visit to Illusive Networks' headquarters on June 9 during the company's official launch.[10] The company was named one of Gartner's Cool Vendors in Security and Intelligence for 2015.[9]
After receiving $5 million in Series A funding back in June 2015, Illusive Networks announced on October 20, 2015, their Series B round of $22 million by New Enterprise Associates.[11]
Technology
The software produced by Illusive Networks is designed to provide early detection of cyber attackers who have penetrated a given network. The software blocks intruders from advancing their attacks by providing false and misleading information that appears alongside real, valuable information.[1] The software is designed to thwart attacks and advanced persistent threats.[4] Instead of targeting malware, the Illusive software targets actual human beings (cyber attackers) who must make decisions at each step in the process in order to advance further into a network.[5] If the attackers use the deceptive lures during the attack, network administrators will be alerted and given the option to shut the attack down immediately or observe the hacker accruing real-time breach forensics. The technology is different than traditional honeypots in that it forms a deceptive "layer" across the entire network without installing agents or applications servers or endpoints.[4][9] The software has more than 50,000 users at Fortune 500 companies, healthcare companies, insurance companies, legal firms, and others.[7]
References
- ^ a b Bachman, Ulrich (9 June 2015). "Israeli Security Startup, Illusive Networks, Can Lure Hackers With Deceptive Honeypots". Tech News Today. Retrieved 3 August 2015.
- ^ "illusive networks Raises $5 million; Eric Schmidt Applauds illusive's "Out of the Box" Thinking". The New York Times. 9 June 2015. Retrieved 4 August 2015.
- ^ "Google CEO Praises, Invests In Israeli Cybersecurity Startup". The Tower. 11 June 2015. Retrieved 4 August 2015.
{{cite news}}: Italic or bold markup not allowed in:|publisher=(help) - ^ a b c de Looper, Christian (9 June 2015). "Illusive Networks Foils Hackers By Luring Them Into Stealing Fake Data". Tech Times. Retrieved 5 August 2015.
- ^ a b "Israeli start-up Illusive Networks spins web of deception to foil hackers". The Economic Times. 9 June 2015. Retrieved 4 August 2015.
- ^ a b Cozza, Jef (9 June 2015). "Google's Schmidt Backs Cybersecurity Firm Illusive Networks". CIO. Retrieved 4 August 2015.
{{cite news}}: Italic or bold markup not allowed in:|publisher=(help) - ^ a b Okyle, Carly (9 June 2015). "Meet the Cybersecurity Startup That's Caught the Eye of Google's Eric Schmidt". Entrepreneur. Retrieved 4 August 2015.
{{cite news}}: Italic or bold markup not allowed in:|publisher=(help) - ^ Miller, Ron (9 June 2015). "Security Startup Illusive Networks Uses Deception To Catch Hackers". TechCrunch. Retrieved 3 August 2015.
- ^ a b c Weinglass, Simona (9 June 2015). "Team8's illusive networks raises $5 million to trap attackers in the act". Geektime. Retrieved 3 August 2015.
- ^ Shapiro, Jenna (23 June 2015). "Netanyahu regales cybersecurity conference with Israeli achievements – including Eric Schmidt's support". Geektime. Retrieved 5 August 2015.
- ^ Matney, Lucas. "Cybersecurity Firm Illusive Networks Raises $22M Series B, Looks To Protect Through Deception". TechCrunch. Retrieved 2015-10-21.