Chicago Trading Company and Other Financial Firms Leverage DECOYnet™ Intelligent Deception and Detection Platform to Meet Compliance and Protect Private Financial Data
MAHWAH, N.J., and HERZELIYA, Israel – Dec. 14, 2016 – TopSpin Security, Inc., the leader in integrated intelligent deception and detection solutions, today announced it is seeing significant growing traction in the financial services market due to its unique ability to protect private financial and cardholder data from cyber attackers and unauthorized access, helping financial firms stay secure and maintain compliance with regulations such as the Payment Card Industry Data Security Standard (PCI DSS).
Financial services organizations such as Chicago Trading Company are selecting TopSpin’s DECOYnet intelligent deception and detection platform due to its unique built-in traffic and security analysis engine which enables intelligent placement of mini-traps and decoys, an additional security layer through analysis and threat detection, and adaptive deception that evolves with changing network conditions. As a result, DECOYnet best protects private financial and cardholder information by setting decoys and fake information to trap attackers and deflect unauthorized access from real network assets, such as data repositories, file servers, and application servers.
“Adding TopSpin’s proactive intelligent deception to our existing security technologies strengthens our ability to keep our information secure,” said Russ McManus, CTO of Chicago Trading Company (CTC). “TopSpin’s disruptive deception technology will offer CTC a real time awareness of potential risks to our business, while enriching our threat intelligence system with accurate, quality data.”
TopSpin’s unique ability to deliver the industry’s widest diversity of mini-traps and decoy types provides financial firms the broadest option to restrict access to financial and cardholder data by business need-to-know, including offering false credential data traps that alert when a “marked” password is used. Its traffic and security analysis engine uniquely monitors all egress and internal traffic to best track all access to network resources and cardholder data, including alerting unauthorized access to private assets.
“TopSpin’s growing success in the financial services market is a great example of how organizations can protect their environments and entrusted private information by setting the industry’s most intelligent traps to divert attackers from real company assets,” said Doron Kolton, Founder and CEO of TopSpin Security. “Organizations turn to TopSpin as their deception technology of choice to best hinder attackers on their networks, due to our unique built-in traffic analysis engine and the widest diversity of traps and decoys we offer.”
DECOYnet interacts with other security tools to help financial firms maintain their requirement to develop and maintain secure systems and applications. It alerts organizations when third-party tools and service pose risks, for example if they perform scans or exfiltrate private data to an unauthorized external location. DECOYnet also enhances financial organizations’ threat intelligence by combining data from decoys, traps, and internal and egress traffic monitors; and correlating it into single, actionable incidents.
DECOYnet is the financial industry’s only intelligent deception solution that offers a built-in traffic and security analysis engine – enabling highly accurate placement of mini-traps and decoys, an additional security layer through analysis and threat detection, and adaptive and flexible deception that evolves with changing network conditions. With DECOYnet, TopSpin continues to perfect its asset profiling capabilities, uniquely mapping the network by every asset and subnet to build a comprehensive deception layer for each individual network. By constantly breathing the network traffic, DECOYnet actively adapts to dynamic network conditions, including new assets and applications introduced, so the deception layer is always optimized.
About TopSpin Security
TopSpin Security is the leader in integrated deception and detection technologies which allow organizations to quickly and accurately detect breaches, engage attackers and neutralize advanced cyber-attacks. Its technology is based on a network of decoys that lure attackers by mirroring valuable network assets and are fully adaptive to organizations’ changing environments. Its unique traffic analysis engine and integration into organizations’ existing security infrastructure deliver the industry’s only deception solution that provides for strategic placement of traps and decoys; added security and internal correlation; and operational advantages such as automated, point-and-click configuration. Once engaged, the decoys interact with attackers, deceiving them and slowing their advances, while providing accurate, actionable alerts and forensics trails. TopSpin’s DECOYnet is already deployed by leading Global 2000 companies. The company’s U.S. operations are headquartered in Mahwah, N.J., with its R&D center in Herzliya, Israel. Learn more at https://www.topspinsec.com.
All brands, products, or service names are or may be trademarks or service marks of their respective owners.