TrapX Wins the Security Shark Tank® New York City

NEW YORK, Nov. 13, 2019 /PRNewswire/ -- Security Current, the premier CISO knowledge-sharing community, today announced that CISOs from across industries selected TrapX as the winner of the Security Shark Tank(®) New York City 2019.

In the Security Shark Tank, providers come face-to-face with CISOs seeking innovative solutions for their most pressing security issues. Each provider is given 15 minutes to pitch their product in a rapid-fire question-and-answer session where they are scored on innovation and vision, ease of use and implementation, value to the industry and the presenter's ability to clearly and effectively articulate their solution and business value.

Tomás Maldonado, CISO, International Flavors and Fragrances, hosted and moderated the event.

"Security Current's Security Shark Tank(®) is bar none a top forum to assess and source vendors," Maldonado said. "We lead the event from start to finish with my CISO peers selecting the vendors to ensure their timeliness and innovation. Hearing our colleagues' experiences, questions and potential concerns, and the on-the- spot responses by the vendors, is invaluable."

The executive panel included:

Ankur Ahuja, CISO, CheapOair
Tony Chryseliou, Global Information Security, Sony
David Sheidlower, CISO, Turner Construction
Elena Kvochko, Cybersecurity Expert hi
Frank Hsieh, CISO, Sotheby's
Henry Jiang, CISO, Diligent Corporation
Hussein Syed, CISO, RWJBarnabas Health
Ibrahima Mbaye, CISO, CGS
Jason Rothhaupt, Head of Information Security and Cybersecurity Programs, Broadridge
Jeffrey DiMuro, Chief Security and Compliance Architect, Salesforce
Jessey Abraham, VP Technology Risk & Compliance Officer, Federal Home Loan Bank of New York John Whiting, Global CISO, DDB
Mark Ramsey, CISO ASSA ABLOY -- Americas
Michael Lamberg, VP & CISO, OpenLink Financial
Michael Palmer, CISO, Hearst
Stephen Davis, Global CISO, WR Grace and Company
Steve Katz, Owner, Security Risk Solutions LLC

"The market is flooded with events and as CISOs our time is one of our most valuable assets and where we are extremely careful how we spend it," said Hussein Syed, CISO, RWJBarnabas Health. "Driven and guided by CISOs, Security Current's Security Shark Tank and its CISOs Connect knowledge community enable my peers and me to maximize our time by providing some of the most productive exchange of information and dialogue available."

Maldonado added: "I want to specifically congratulate TrapX with its forward-thinking approach and cutting-edge technology. I look forward to reading more about the vendors and my peers' inputs in the exclusive CISOs Connect online community."

TrapX has created a new generation of deception technology that provides real-time breach detection and prevention. The solution deceives would-be attackers with turn-key decoys (traps) that "imitate" a company's true assets. Hundreds or thousands of traps can be deployed with little effort, creating a virtual mine field for cyberattacks, immediately alerting companies to any malicious activity with actionable intelligence.

About Security Current
Security Current improves the way security, privacy and risk executives collaborate to protect their organizations and their information. Its CISO-driven proprietary content and events provide insight, actionable advice and analysis giving executives the latest information to make knowledgeable decisions. Its invitation-only CISOs Connect community https://cisosconnect.com allows for CISOs to communicate with each other and share knowledge and expertise with their peers.

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SOURCE Security Current