Spain-based security startup CounterCraft, established very last September, has shut a €1 million ($.1M) seed spherical to accelerate development of a b2b security decoy technological know-how intended to have interaction hackers and retain them harmlessly occupied while also delivering resources to review what’s likely on. The startup is working on “a wide range of methods, like deception, to entice adversaries into exposing by themselves,” is how co-founder and CEO David Barroso places it. “We see counter-intelligence as a essential stance in cyber security unbiased of the technological know-how that supports it,” adds co-founder and CMO Dan Brett. “Until now it has been frustratingly handbook to style and deploy strategies to detect, research and have interaction with your adversaries. We present a product to automate and manage this approach.” Barroso argues there’s a action-change in security pondering underway, shifting from a ‘defend versus all threats’ state of mind to permitting some attack vectors “in a controlled environment” — with CounterCraft’s particular sales pitch being the capability “to decide to eliminate them, study their movement and behaviour or even manipulate them”. The team points to trader pounds pouring into a slew of security startups also plying a nascent decoy furrow for tackling attacks — name examining the likes of TopSpin, Attivo, Guardicore, illusive Networks, YC-backed Cymmetria and TrapX, and noting they have collectively bagged more than $100 million in VC funding considering that late 2014. CounterCraft is centered out of Telefonica’s Wayra Madrid accelerator, and its funding arrives via this plan — with precise buyers in the seed spherical including Adara Ventures, Orza Investments and Telefónica Open up Foreseeable future_. Its early aim for expansion is Europe and the Middle East, with Barroso noting that several of its rivals hail from Israel but are running out of the US — leaving space, he reckons, for a European team to deal with a much less effectively served area with its personal taste of decoy tech. Commenting on the funding in a assertion, Adara Ventures’ controlling spouse Alberto Gómez adds: that the EMEA industry appreciates sellers with “cutting-edge eyesight and technological know-how, alongside one another with the aim and proximity to serve their needs”. Although CounterCraft is not stating extremely much about what its core tech in fact is (security startups ordinarily err on the aspect of disclosure warning), the team is claiming some early traction from a handful of Fortune World 2000 clients in the financial and retail business, and in government. “Such businesses are hunting for other strategies to protect their organisations, along with getting more energetic in their security posture,” states Barroso, including: “We do not agree with the notion of ‘hacking back’ but there is a broad spectrum amongst getting passive and ‘hacking back’.” Appropriate now they are running a shut beta with their early customers, with a system to open up that up to more intrigued 3rd get-togethers this September. A full industrial start is pegged for January 2017, assuming all goes to system, as product enhancement continues with the beta customers. “Since we are even now in an early stage of the product, we want to do the job carefully with those early adopters and make a strong product that can assist them when proposing energetic defence approaches,” adds Barroso. The subscription company design allows companies to run CounterCraft’s so-termed “counter-intelligence campaigns” internally and externally. Those people wanting to run interior strategies require to put in its tech inside of their community, but for those wanting to run exterior strategies a SaaS edition is also obtainable.
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Spain-based security startup CounterCraft, established very last September, has shut a €1 million ($.1M) seed spherical to accelerate development of a b2b security decoy technological know-how intended to have interaction hackers and retain them harmlessly occupied while also delivering resources to review what’s likely on. The startup is working on “a wide range of methods, like deception, to entice adversaries into exposing by themselves,” is how co-founder and CEO David Barroso places it. “We see counter-intelligence as a essential stance in cyber security unbiased of the technological know-how that supports it,” adds co-founder and CMO Dan Brett. “Until now it has been frustratingly handbook to style and deploy strategies to detect, research and have interaction with your adversaries. We present a product to automate and manage this approach.” Barroso argues there’s a action-change in security pondering underway, shifting from a ‘defend versus all threats’ state of mind to permitting some attack vectors “in a controlled environment” — with CounterCraft’s particular sales pitch being the capability “to decide to eliminate them, study their movement and behaviour or even manipulate them”. The team points to trader pounds pouring into a slew of security startups also plying a nascent decoy furrow for tackling attacks — name examining the likes of TopSpin, Attivo, Guardicore, illusive Networks, YC-backed Cymmetria and TrapX, and noting they have collectively bagged more than $100 million in VC funding considering that late 2014. CounterCraft is centered out of Telefonica’s Wayra Madrid accelerator, and its funding arrives via this plan — with precise buyers in the seed spherical including Adara Ventures, Orza Investments and Telefónica Open up Foreseeable future_. Its early aim for expansion is Europe and the Middle East, with Barroso noting that several of its rivals hail from Israel but are running out of the US — leaving space, he reckons, for a European team to deal with a much less effectively served area with its personal taste of decoy tech. Commenting on the funding in a assertion, Adara Ventures’ controlling spouse Alberto Gómez adds: that the EMEA industry appreciates sellers with “cutting-edge eyesight and technological know-how, alongside one another with the aim and proximity to serve their needs”. Although CounterCraft is not stating extremely much about what its core tech in fact is (security startups ordinarily err on the aspect of disclosure warning), the team is claiming some early traction from a handful of Fortune World 2000 clients in the financial and retail business, and in government. “Such businesses are hunting for other strategies to protect their organisations, along with getting more energetic in their security posture,” states Barroso, including: “We do not agree with the notion of ‘hacking back’ but there is a broad spectrum amongst getting passive and ‘hacking back’.” Appropriate now they are running a shut beta with their early customers, with a system to open up that up to more intrigued 3rd get-togethers this September. A full industrial start is pegged for January 2017, assuming all goes to system, as product enhancement continues with the beta customers. “Since we are even now in an early stage of the product, we want to do the job carefully with those early adopters and make a strong product that can assist them when proposing energetic defence approaches,” adds Barroso. The subscription company design allows companies to run CounterCraft’s so-termed “counter-intelligence campaigns” internally and externally. Those people wanting to run interior strategies require to put in its tech inside of their community, but for those wanting to run exterior strategies a SaaS edition is also obtainable.
Spain-based security startup CounterCraft, established very last September, has shut a €1 million ($.1M) seed spherical to accelerate development of a b2b security decoy technological know-how intended to have interaction hackers and retain them harmlessly occupied while also delivering resources to review what’s likely on.
The startup is working on “a wide range of methods, like deception, to entice adversaries into exposing by themselves,” is how co-founder and CEO David Barroso places it.
“We see counter-intelligence as a essential stance in cyber security unbiased of the technological know-how that supports it,” adds co-founder and CMO Dan Brett. “Until now it has been frustratingly handbook to style and deploy strategies to detect, research and have interaction with your adversaries. We present a product to automate and manage this approach.”
Barroso argues there’s a action-change in security pondering underway, shifting from a ‘defend versus all threats’ state of mind to permitting some attack vectors “in a controlled environment” — with CounterCraft’s particular sales pitch being the capability “to decide to eliminate them, study their movement and behaviour or even manipulate them”.
The team points to trader pounds pouring into a slew of security startups also plying a nascent decoy furrow for tackling attacks — name examining the likes of TopSpin, Attivo, Guardicore, illusive Networks, YC-backed Cymmetria and TrapX, and noting they have collectively bagged more than $100 million in VC funding considering that late 2014.
CounterCraft is centered out of Telefonica’s Wayra Madrid accelerator, and its funding arrives via this plan — with precise buyers in the seed spherical including Adara Ventures, Orza Investments and Telefónica Open up Foreseeable future_.
Its early aim for expansion is Europe and the Middle East, with Barroso noting that several of its rivals hail from Israel but are running out of the US — leaving space, he reckons, for a European team to deal with a much less effectively served area with its personal taste of decoy tech.
Commenting on the funding in a assertion, Adara Ventures’ controlling spouse Alberto Gómez adds: that the EMEA industry appreciates sellers with “cutting-edge eyesight and technological know-how, alongside one another with the aim and proximity to serve their needs”.
Although CounterCraft is not stating extremely much about what its core tech in fact is (security startups ordinarily err on the aspect of disclosure warning), the team is claiming some early traction from a handful of Fortune World 2000 clients in the financial and retail business, and in government.
“Such businesses are hunting for other strategies to protect their organisations, along with getting more energetic in their security posture,” states Barroso, including: “We do not agree with the notion of ‘hacking back’ but there is a broad spectrum amongst getting passive and ‘hacking back’.”
Appropriate now they are running a shut beta with their early customers, with a system to open up that up to more intrigued 3rd get-togethers this September. A full industrial start is pegged for January 2017, assuming all goes to system, as product enhancement continues with the beta customers.
“Since we are even now in an early stage of the product, we want to do the job carefully with those early adopters and make a strong product that can assist them when proposing energetic defence approaches,” adds Barroso.
The subscription company design allows companies to run CounterCraft’s so-termed “counter-intelligence campaigns” internally and externally.
Those people wanting to run interior strategies require to put in its tech inside of their community, but for those wanting to run exterior strategies a SaaS edition is also obtainable.
