Deception Technology Market Insights and Forecast to 2028 - Valuates Reports

The global Deception Technology market size is projected to reach US$ 2971.6 million by 2028, from US$ 1313.3 million in 2021, at a CAGR of 12.2% during 2022-2028.

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Deception technology is a category of cyber security defense mechanisms that provide early warning of potential cyber security attacks and alert organizations of unauthorized activity. Deception technology products can detect, analyze, and defend against zero-day and advanced attacks, often in real time. They are automated, accurate, and provide insight into malicious activity within internal networks which may be unseen by other types of cyber defense. Deception technology enables a more proactive security posture by seeking to deceive the attackers, detect them and then defeat them, allowing the enterprise to return to normal operations.

Deception technology works by luring attackers into interacting with decoys that are designed to look like real assets. Once an attacker interacts with a decoy, the deception technology can then track their activity and identify them as a threat. Deception technology can be used to detect a wide variety of attacks, including:

Zero-day attacks: Deception technology can detect zero-day attacks because it does not rely on signatures or heuristics to identify threats. Instead, it relies on the behavior of the attacker to identify them as a threat.
Advanced persistent threats (APTs): Deception technology can be used to detect APTs because it can track the activity of attackers over time. This allows deception technology to identify attackers who are trying to remain undetected.
Ransomware: Deception technology can be used to detect ransomware by tracking the activity of attackers who are trying to encrypt files. This allows deception technology to identify attackers before they can encrypt files and hold them ransom.
Deception technology is a valuable tool for organizations of all sizes. It can help to protect organizations from a wide variety of attacks, including zero-day attacks, APTs, and ransomware. Deception technology is also a relatively new technology, which means that it is constantly evolving and improving. This makes deception technology a valuable investment for organizations that are looking to stay ahead of the latest cyber threats.

Here are some of the benefits of using deception technology:

Early warning: Deception technology can detect threats early in the attack lifecycle, giving organizations time to respond before damage is done.
High accuracy: Deception technology is highly accurate, with a low rate of false positives. This means that organizations can be confident that any alerts generated by deception technology are legitimate threats.
Reduced dwell time: Deception technology can help to reduce the dwell time of attackers on a network. This is because attackers are more likely to be detected and expelled from a network when they interact with decoys.
Improved threat intelligence: Deception technology can provide organizations with valuable threat intelligence. This information can be used to improve security posture and prevent future attacks.

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This release was published on openPR.