Network
security is a progressive field with new technical expertise surfacing every
day to address technology security concerns in a profound and more
sophisticated way. One of these technologies presently revolutionizing the
security field is the deception technology, which disables malware attacks by
deceiving them in their own operation; thereby defending the enterprise against
it.
A
deception network is one that actually work as a decoy and is deployed to be
compromised in a cyber-attack. Deception
technology tracks the activities of the intruder inside a network and lays
the foundation for network administrators and analysts for incident response
analysis. The deception technology activates attack on a decoy network, and
further sends alarms to original network thereby safeguarding it from being
manipulated. Intruder’s keystrokes are logged and are further sent to a system
log. Later the bogus files thus altered can be trashed with no harm done to
actual network.
The
factors favorable to growth of the market are growing incidences of data
breaches and profound cyber-attacks across the globe; thereby necessitating a
compact security infrastructure that may withstand and if possible counter such
network security breaches. In the data-sensitive industries such as banking,
insurance and technology, the demand for data security is driving the need for
deceptive security tools for prolonged secure connectivity. Furthermore, tough
government regulations, growth of cloud- based technology service and
omnipresence of digital and online data are expected to drive deception
technology market over the forecast period.
Lack of
security awareness, growing use of pirated network security tools and supported
with dearth of cyber expertise are anticipated to emerge as factors restraining
the growth of the sector. Furthermore, inadequate IT budget allocations in the
organizations followed by ambiguous strategic implications is expected to
testify the deception technology market growth over the forecast period.
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Challenges
are numerous owing to the technological complexity and consistency required in
network security deployment. Today’s modern day economy is profoundly dependent
on information and communications technology to conduct their daily business
operations. Growing cyber threat intensity is further pushing the demand for
deception security solutions capable of defending not only single network layer
threats but also numerous applications from data-layered attacks. These
advanced deceptive technology solutions are estimated to save trillions of
dollars affected by cyber-attacks globally in the years to come and are
supporting the need for a secure platform to protect public and private
infrastructure security necessities. The spending on deception technology is
expected to grow exponentially across various businesses verticals, from the
government & BFSI to aerospace & defense.
Deceptive
security tools segment imposes technical requirements and the need for updating
the existing hardware such as servers & maintaining consistency across the
network infrastructure in order to reduce technological complexity. For
embedded network systems it is thus necessary to ensure high returns on
investment made in the security infrastructure.
The
industry is segmented by end-user type and deception stack layer. On the basis
of deception stack layer market is segmented as data, application, and endpoint
network layer respectively. Further, the end-user segment is divided into IT
& Telecom, Energy & Power, BFSI, Retail and other verticals such as
Manufacturing, Healthcare and Administrative sector. The BFSI segment is
expected to grow at a remarkable pace owing to the enhanced customer data
security requirements that the host organizations need to deliver.
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