illusive networks Selected as Finalist for MIT Sloan CIO Symposium's Innovation Showcase

CAMBRIDGE, Mass., May 10, 2016 /PRNewswire/ -- The 13th Annual MIT Sloan CIO Symposium has announced illusive networks as one of ten finalists for the 2016 Innovation Showcase , as its Deceptions Everywhere™ cybersecurity technology represents strategic value and innovation to the digital economy. illusive networks will receive key exposure to many of the world's most creative and influential IT executives at the Symposium on May 18, 2016.

"All networks and operating systems are heavily dependent on the cache memory on endpoints, servers, and network devices for normal operation," said Shlomo Touboul, CEO, illusive networks. "However, cache memory also contains user credentials, passwords, machine connections, and other tempting information — a veritable gold mine for cyber attackers. illusive networks' Deceptions Everywhere is a breakthrough cybersecurity approach that poisons caches in a way that is only visible to the attacker, turning that treasure trove into a hall of mirrors filled with traps. illusive networks is honored to be a finalist in the MIT Sloan CIO Symposium's Innovation Showcase, which recognizes our pioneering efforts in threat deceptions."

illusive networks, on the forefront of deception-based post-breach cybersecurity offers the most effective protection against advanced attacks. Its Deceptions Everywhere™ agentless technology blankets the entire network — every endpoint, server, and network component — with misleading network information that deceives would-be attackers. illusive's newest version introduces Attacker View, a sophisticated mapping technology that exposes hidden attack paths used by cyber criminals.

"We are thrilled to invite these top 10 companies to our 2016 Innovation Showcase," said Anton Teodorescu, Co-Chair of the Innovation Showcase. "Their technologies are leading edge, and will be vital to empowering the future digital economy."

After careful consideration, the Innovation Showcase Judges evaluated and selected illusive networks for this honor based on four important criteria:

• Actively provides a B2B or B2C enterprise IT solution product to the market;
• Is a startup with less than $10 million in 2015 revenues
• Is selling enterprise IT solutions to CIOs or corporate IT departments; and
• Shows innovation and/or strategic value with high potential impact on the top and/or bottom lines.

For a full list of Innovation Showcase finalists visit  http://www.mitcio.com/innovation

The Innovation Showcase will take place at 5:30PM in the Kresge courtyard tent on Wednesday, May 18, 2016, at MIT, in Cambridge, MA. The full agenda of the MIT Sloan CIO Symposium is available at www.mitcio.com/agenda.

About illusive networks

illusive networks is pioneering deception-based cybersecurity with its patent-pending 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 networks disrupts and detects advanced attacks with real-time forensics and without disruption to business. For more information, please visit www.illusivenetworks.com or follow @illusivenw on Twitter.

illusive networks is led by CEO Shlomo Touboul, a proven cybersecurity CEO and entrepreneur.  illusive networks was founded by VP R&D Ofer Israeli, Check Point veteran, together with leading cybersecurity foundry Team8. Nadav Zafrir, CEO of Team8 and former Head of the IDF's Intelligence Unit 8200 serves as illusive network's Chairman of the Board.

Media kit: http://illusivenetworks.com/press-releases 

About the MIT Sloan CIO Symposium

The MIT Sloan CIO Symposium is the premier global conference for CIOs and digital business executives to become more effective leaders. In one day, CIOs and senior IT executives explore enterprise technology innovations, business practices and receive actionable information that enables them to meet the challenges of today and the future. The Symposium offers a unique learning environment by bringing together the academic thought leadership of MIT with the in-the-trenches experience of leading, global CIOs and industry experts. The MIT Sloan CIO Symposium is organized and developed by the MIT Sloan Boston Alumni Association, the MIT Initiative on the Digital Economy (IDE), and the MIT Sloan Center for Information Systems Research (CISR). Visit www.mitcio.com for more information and registration.

SOURCE illusive networks

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