Proofpoint announced on Monday its intention to acquire Illusive Networks, a startup that helped pioneer deception technology to detect data breaches. Financial details of the anticipated acquisition were kept under wraps.
Since its founding in 2014, Illusive Networks, a Series B startup with roots in Tel Aviv, Israel, has raised a total of USD 54 million in venture capital investments. One of the first startups to develop so-called cyber deception technologies was Illusive Networks, which promised early breach detection through the use of dummy assets that would raise alarms.
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The business promoted a product that created “a hostile environment for attackers,” concentrating on preventing lateral movement on networks that had already been compromised.
Read More: Proofpoint Buys Deception Tech Startup Illusive Networks