Industry News

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.

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