Creating Asymmetric Risk for Cyber Attackers: Illusive Networks to Speak at Sibos

New York, NY and Tel Aviv, Israel, October 13th 2017 – Leader of deception-based cybersecurity Illusive Networks, today announced that its CEO and founder Ofer Israeli, together with a global financial bank, is speaking at the upcoming Sibos event in Toronto on why deception technology creates asymmetric risk for cyber attackers. Sibos is the world’s premier financial services conference organized by SWIFT.

Financial services leaders are too often reminded that cyber risk is “asymmetric” risk – that is, the attacker only has to succeed once; cyber security people must get it right all the time.  Most security approaches implicitly accept this, assuming it’s not “if, but when” a cyber attack will be successful. But it doesn’t have to be this way. By turning every system into a trap, deception technology inverts the equation, creating an alternate reality, making it extremely unlikely that advanced attackers can successfully travel from their starting point in the network to the “crown jewels” they intend to compromise. This presentation will explain the concepts underlying a deception approach to show why it is an essential element of a program to address today’s cyber risk reality.

Sibos – 16-19 October 2017

Topic: Deception Technology: Creating Asymmetric Risk for Cyber Attackers

Where: Fintech Theatre, Discover 600 zone, Metro Toronto Convention Centre, 222 Bremner Blvd, Toronto, ON M5V 3L9, Canada

When: Monday, October 16th 2017 at 2.45pm

At the vanguard of the next evolution of cyber defense, Illusive Networks recently received recognition by The Wall Street Journal in its Tech Companies to Watch list by Momentum Partners as one of ten cybersecurity companies on their Watch List, and was named as one of CRN’s ’25 Coolest Network Security Vendors’.