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TrapX releases deception-based security solution

GRC Announcements | November 21, 2016

TrapX, a deception-based cyber-security defense provider, recently released the world’s first deception-based security solution specifically designed to protect the Society for Worldwide Interbank Financial Telecommunication (SWIFT) financial networks.

Unlike other security solutions, TrapX is the only security company to include both traps (decoys) and tokens (lures) to capture today’s most proficient and persistent cyber attackers. The new capabilities imitate a variety of real SWIFT financial network computer terminals and web services. DeceptionGrid now includes emulation capabilities for SWIFT Alliance SAG, SWIFT Alliance SAA and SWIFT Alliance Web Platforms for Linux and Windows deployments and was specially designed to help financial institutions target and stop SWIFT financial network attackers.

In the past year, SWIFT has been under attack by persistent cyber-attacks, resulting in the theft of more than $100 million dollars...

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