Illusive Networks

Illusive Networks is a cybersecurity firm headquartered in Tel Aviv, Israel and New York.[1][2] The company produces technology that stops cyber attackers from moving laterally inside networks by finding and eliminating errant credentials and connections, planting false information about given network's resources, emulating devices, and deploying high interactivity decoys.[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. To date, it has raised over $30M.[7]

Illusive Networks
Private
IndustryCybersecurity
Founded2014
Headquarters
Tel Aviv, Israel
New York City, USA
Area served
Global
Key people
Ofer Israeli (CEO, Founder)
Nadav Zafrir (Chairman)
ProductsSecurity software
WebsiteOfficial Website

History
Illusive Networks headquarters in TelAviv

Illusive Networks was founded in 2014[8] by Team8 and Ofer Israeli.[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 stop cyber attacks from moving laterally inside networks, to provide early detection of cyber attackers who have penetrated a given network, and to provide forensics to threat intelligence teams and incident responders. The software blocks intruders from advancing their attacks by eliminating credentials and connections left behind by normal business processes, by providing false and misleading information that appears alongside real, valuable information, and by deploying devices and decoys to attract and distract attackers.[1] The software is designed to thwart attacks and advanced persistent threats.[4] Instead of targeting just 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 software has more than 50,000 users at Fortune 500 companies, healthcare companies, insurance companies, legal firms, and others.[7]

gollark: I'm not, I logged out.
gollark: Little did /dev/wd0c know that I hackerized R. Danny.
gollark: <@!309787486278909952> emuwar wiki admin pl0x
gollark: This is all part of my evil campaign™ to become admin, but baidicoot apparently cannot do that.
gollark: I decided to log in as baidicoot to save time.

References
  1. Bachman, Ulrich (9 June 2015). "Israeli Security Startup, Illusive Networks, Can Lure Hackers With Deceptive Honeypots". Tech News Today. Archived from the original on 5 March 2016. Retrieved 3 August 2015.
  2. "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.
  3. "Google CEO Praises, Invests In Israeli Cybersecurity Startup". The Tower. 11 June 2015. Retrieved 4 August 2015.
  4. de Looper, Christian (9 June 2015). "Illusive Networks Foils Hackers By Luring Them Into Stealing Fake Data". Tech Times. Retrieved 5 August 2015.
  5. "Israeli start-up Illusive Networks spins web of deception to foil hackers". The Economic Times. 9 June 2015. Retrieved 4 August 2015.
  6. Cozza, Jef (9 June 2015). "Google's Schmidt Backs Cybersecurity Firm Illusive Networks". CIO. Retrieved 4 August 2015.
  7. Okyle, Carly (9 June 2015). "Meet the Cybersecurity Startup That's Caught the Eye of Google's Eric Schmidt". Entrepreneur. Retrieved 4 August 2015.
  8. Miller, Ron (9 June 2015). "Security Startup Illusive Networks Uses Deception To Catch Hackers". TechCrunch. Retrieved 3 August 2015.
  9. Weinglass, Simona (9 June 2015). "Team8's illusive networks raises $5 million to trap attackers in the act". Geektime. Retrieved 3 August 2015.
  10. Shapiro, Jenna (23 June 2015). "Netanyahu regales cybersecurity conference with Israeli achievements – including Eric Schmidt's support". Geektime. Retrieved 5 August 2015.
  11. Matney, Lucas. "Cybersecurity Firm Illusive Networks Raises $22M Series B, Looks To Protect Through Deception". TechCrunch. Retrieved 2015-10-21.
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