deception technology market

Deception technology is a category of cybersecurity solutions that allow for early threat detection with zero or low rates of false positives. They deploy realistic decoys or traps to thwart cyber criminals from attacking an enterprise’s true assets. The moment the attacker interacts with the decoy or trap, the solution starts gathering information to generate high-fidelity alerts and speed up incident response.

In this blog post, we list the top 10 players in the deception technology market that are propelling the industry forward. Read on to know more!

#1. Acalvio Technologies Inc

Founded: 2015

Headquarters: Santa Clara, California

Acalvio is one of the leading players in cyber deception technology. Built on 25 patents in advanced AI and autonomous deception technology, Acalvio helps Fortune 500 companies and governments defend against advanced security threats. The firm specializes in Identity Threat Detection and Response (ITDR), Advanced Threat Defense for IT networks, and Zero Trust.

#2. Allure Security Technology Inc

Founded: 2011

Headquarters: Wellesley, Massachusetts

Allure Security is a computer and network security firm that helps companies prevent brand abuse on the web, social media platforms, and mobile app stores. It does this via site takedown, trademark enforcement, and DMCA enforcement. Allure’s solution identifies credential theft, personal information theft, and payment data theft and responds to risks before the brand and its customers become victims.

#3. Attivo Networks, Inc

Founded: 2011

Headquarters: Fermont, Canada

Attivo Networks is one of the leading companies in the deception technology market. As an identity security and lateral movement protection firm, Attivo Networks specializes in identity-based threats across endpoints, IoT devices, mobile, and data wherever it resides. Besides, it provides accurate in-network detection, analysis, and speedy response to advanced threats and attacks.

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#4. CounterCraft SL

Founded: 2015

Headquarters: New York

CounterCraft is a major player in the computer and network security industry. CounterCraft’s solution helps organizations strengthen their security posture by fitting seamlessly into existing security strategies. The company’s Cyber Deception Platform provides high-quality alerts with zero false positives. CounterCraft’s clients include more than 20 Fortune 500 Index companies across the globe, which include leading banking institutions, governments, and law enforcement agencies.

#5. Fidelis Cybersecurity

Founded: 2014

Headquarters: Riverside, California

Fidelis Cybersecurity is an industry innovator in the cybersecurity space. The firm focuses on proactive cyber defense, protecting the IT infrastructure of leading global enterprises. Fidelis’ XDR and CNAPP platforms combine IT security operations to minimize attack surfaces and accelerate analysis. Fidelis Cybersecurity is one of the leading deception technology market key players trusted by leading commercial and government agencies across the globe.

#6. Guardicore

Founded: 2013

Headquarters: Tel Aviv, Israel

Guardicore is a segmentation company that was acquired by Akamai in 2021. It aims to displace legacy firewalls with its software-only approach. Guardicore offers the simplest and fastest way to impose Zero Trust principles. The firm’s solution allows organizations to safeguard themselves against malicious lateral movement in their network through segmentation policies.

#7. LogRythm Inc.

Founded: 2003

Headquarters: Colorado, United States

LogRythm Inc. is a worldwide security intelligence company. The firm specializes in Security and Information Event Management (SIEM), network monitoring, user behavior, and security analysis. It uses complex machine-learning algorithms to detect suspicious anomalies in network traffic and user behavior. With cloud-native flexibility, enterprises can quickly and swiftly adapt to an ever-evolving threat landscape.

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#8. Minerva Labs

Headquarters: Petah Tikva, Israel

Minerva Labs is a cybersecurity company that was acquired by cloud risk and threat detection platform Rapid7. The acquisition was made with the aim of extending Rapid7’s managed threat detection (MTD) and orchestration capabilities. These new capabilities will seamlessly extend Rapid7’s MTD across cloud resources and traditional infrastructure.

#9. PacketViper

Headquarters: Pittsburgh, United States

PacketViper is a premier cybersecurity company that focuses on active cyber defense for converging OT and IT networks. PacketViper’s solution offers low rates of false positives, allowing enterprises to contain threats and prevent further exploitation. PacketViper caters to the deception technology market with its Deception360 solution.

#10. TopSpin Security

Founded: 2013

Headquarters: Herzliya, Israel

TopSpin Security is a computer and network security company that is now a part of Fidelis Cybersecurity. It’s a leader in intelligent deception and detection technologies that allow enterprises to detect data breaches and other advanced cyberattacks quickly. TopSpin’s deception technology solution DECOYnet comes with several useful features and has already been deployed by hundreds of leading firms worldwide.

Final Saying

The deception technology market size was USD 1.92 billion in 2022 and is expected to grow at a CAGR of 5.2%, generating an estimated revenue of USD 3.12 billion by 2032. The exponential rise of advanced cyberattacks and the increased need for effective and efficient solutions are some of the primary factors propelling the market forward.

By Nitin Tambe

Nitin is a passionate content writer with three years of experience in content writing. He specializes in creating engaging blogs, articles and website content that resonates with the audience. Nitin is always eager to challenge himself and brings a unique perspective and creative approach to every project. During his free time, you can find him immersed in technology, science-fiction and mystery books.