WatchPoint Announced the Launch of CryptoStopper Deception Technology
India: Deception technology is a collection
of numerous security tools and techniques intended to protect the network from
any sort of damages from an attacker. WatchPoint launched the CryptoStopper.io™,
a cyber security tool which focuses on protecting the businesses inside -out
from malicious ransomware which enters the computer networks and damages the
valuable data.
The newly launched cyber security tool
lays emphasis on protecting the business networks from all type of ransomware
and aids in saving money and time, which may have been encapsulated by data loss.
It also focuses on data safety which is a vital aspect. The tool is a signature-less system that stops
the ransomware moments after it is initiated. This also offers free trial for businesses
and technicians to test the ransomware simulation system and its defence
mechanisms.
The tool possesses various features such
as signature less, it protects the network with the help of encryption process
to mitigate the damage. It creates seed files so that whenever ransomware
encrypts these files the tool detects them and isolates the threat. Thus,
CryptoStopper.io™ helps to terminate an attack in progress.
The global cyber security market was
calculated to be USD84.99 billion, in value terms for the year 2015, which is
estimated to increase for the present year, making it an evident requirement
for the introduction of the various cyber security tools.
TechSci Research depicts that the
growing focus of the leading companies in the cyber security domain on Indian
market is intended to accelerate the protection of the data for different
businesses from any sort of threat, and malware.
TechSci Research, a marketing and
consulting firm closely analyse the development in the printer market and has
published various report on the topic. According to TechSci Research report, “Global
Cyber Security Market By Security Type, By Solutions, By End
Use Industry, By Region, Competition Forecast and Opportunities, 2011-2021”, global market for cyber security is
projected to surpass USD137 billion by 2021. Growing trend of Bring Your Own
Device (BYOD), rising adoption of cloud computing, expanding market for
Internet of Things (IoT) are expected to continue driving the cyber security
market across the globe over the next five years. Though the global cyber
security market is highly fragmented, Symantec Corporation emerged as the
largest player in 2015, followed by BAE Systems PLC, Intel Corporation and
Cisco Systems. Banking, Financial Services and Insurance (BFSI); IT &
Telecom; defense; energy & power; retail; and healthcare have emerged as
the key application areas where cyber security solutions are being increasingly
adopted.