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Wednesday 24 October 2018

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OakNorth upgrades cyber defence systems

Written by Chris Lemmon
17/11/2017

OakNorth has selected a new cyber security solution from Illusive Networks to defend its systems from targeted attacks and ‘advanced persistent threats’.

The new Deception Cybersecurity system detects and analyses attacks in real-time with no false positives, minimising manpower required to monitor alerts. The ability to mitigate attacks at the earliest opportunity accompanied by detailed forensic evidence at the time of the alert was also a priority for OakNorth.

Rui Silva, OakNorth’s IT director, commented: “We chose Illusive’s technology as we liked their approach of exploiting an attacker’s vulnerabilities by looking at the network from an attacker’s perspective, rather than trying to anticipate every weakness of an organisation in turn.

“We felt they were a good fit with our IT stack as being fully cloud-based, we need flexible partners that can move quickly. Alongside this, Illusive has an exceptional reputation in the market, they are backed by major global corporations and the team is both highly knowledgeable and passionate about what they do.”

Ofer Israeli, CEO of Illusive Networks, added: “Illusive Networks protects the networks of many of the most recognisable global financial institutions. We’re finding our technology is particularly attractive to financial services customers who face a higher risk of impact targeted attacks which can cause insurmountable financial and reputational damage.

“While our focus is large multi-national financial services institutions, we are excited that one of the UK’s most innovative FinTech companies chose Illusive for detection and defence security in an ever-increasing hostile climate.”



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