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The Global Market Leader in Deception Technology - illusive networks - Names Former CEO of FireEye and McAfee Dave DeWalt as Vice Chairman

NEW YORK and TEL AVIV, Israel, June 19, 2017 /PRNewswire/ -- illusive networks, the leader in deception-based cybersecurity, today announced the appointment of industry veteran Dave DeWalt as Vice Chairman of the Board. DeWalt has a history of recognizing innovative security companies that are rapidly growing and on track to establishing market dominance.

DeWalt has been a leader in the cybersecurity field for more than 25 years, most recently as CEO and then Executive Chairman of FireEye, Inc. Previously, DeWalt led anti-virus software vendor McAfee as CEO and President of the Board and is Vice Chair of Safety and Security at Delta Airlines. DeWalt is a recognized authority on cybersecurity and was appointed by President Barack Obama to advise the White House as part of the National Security Telecommunications Advisory Council in May 2011.

DeWalt's appointment marks the latest company milestone while deception technology fast gains ground amongst analysts and enterprises as groundbreaking approach to the future of post-breach cyber defense against APT via lateral movements.

  • January, 2017 – Funding round led by Microsoft Ventures, which joins investors NEA, Team8 Partners, Bessemer Venture Partners, Cisco Systems, Marker II, Citi Ventures, and Eric Schmidt's Innovation Endeavors – bringing total funding to more than $30 million (details here)
  • Introduces Network Level Deceptions (details here)
  • Entered CyberArk C3 Alliance (details here)
  • Added Kill Switch Capabilities, integration of Cisco pxGrid (details here)
  • Introduced Autonomous Capabilities with Deception Management System™ (DMS) (details here)
  • CRN "25 Coolest Network Security Vendors"
  • InfoSec PG Global Excellence Awards, APT Detection and Response
  • Government Security News Homeland Security Awards, Best Endpoint Detection and Response Solution
  • Computing Security Excellence Awards

 "It is clear that most security tools are failing enterprises and a new approach is required to prevent ever-increasing sophisticated attacks," says Dave DeWalt. "illusive's Deceptions Everywhere® technology fills this role and stands at the vanguard of the next evolution of cyber defense. Mitigating advanced attacks at the earliest opportunity, illusive's agentless technology is IT-friendly, easy to deploy and scalable, presenting an ideal solution for protecting the vast networks of global corporations."

illusive networks is deployed across dozens of leading financial institutions, healthcare and insurance providers, retailers, energy and telecommunications companies in the United States, EMEA and APAC. illusive networks' award-winning Deceptions Everywhere® technology blankets a company's entire network —across every endpoint, server, and network component alongside the application and data layers – with information that deceives attackers. The deceptions are automatically generated and AI-driven, tailor-made to the customer to appear realistic and authentic to attackers. 

When attackers act upon the false information, illusive neutralizes the attack and triggers a detailed real-time breach and forensics report with actionable intelligence, enabling security administrators to detect, track and contain the attack in its early stages.

"Dave's in-depth understanding and insight into the cybersecurity landscape will prove invaluable as we continue to grow and advance our client base," said CEO of illusive networks Ofer Israeli. "We're delighted to have gained Dave's support and look forward to working with him to protect corporations against the next generation of cyber attacks."

About illusive networks

illusive networks is pioneering deception-based cybersecurity with its Deceptions Everywhere® technology that neutralizes targeted attacks and Advanced Persistent Threats (APT) by creating a deceptive layer across the entire network. By providing an endless source of false information, illusive disrupts and detects attacks with real-time forensics and without disruption to business. For more information, please visit www.illusivenetworks.com or follow @illusivenw on Twitter and Facebook.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-global-market-leader-in-deception-technology---illusive-networks---names-former-ceo-of-fireeye-and-mcafee-dave-dewalt-as-vice-chairman-300475581.html

SOURCE illusive networks

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