Explore the words cloud of the CYBER-PDR project. It provides you a very rough idea of what is the project "CYBER-PDR" about.
The following table provides information about the project.
ILLUSIVE NETWORKS LTD
|Coordinator Country||Israel [IL]|
|Total cost||3˙532˙500 €|
|EC max contribution||2˙472˙750 € (70%)|
1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
|Duration (year-month-day)||from 2020-01-01 to 2021-12-31|
Take a look of project's partnership.
|1||ILLUSIVE NETWORKS LTD||IL (TEL AVIV)||coordinator||2˙472˙750.00|
'Cyber threats have evolved from relatively harmless to powerful dangers to businesses with implications on the bottom line, reputation, privacy & more. In its 2019 Global Risk Report, the World Economic Forum lists cyber threats as #4 in terms of likelihood, & #7 in terms of impact. According to an Accenture report the accelerating cost of cybercrime in 2017 was 23% more than in it was in 2016 & it’s costing organisations, on average, €10.5M.With our ground-breaking CYBER-PDR solution, the business opportunity is clear. We anticipate potential annual revenues of €87M by 2022.
Illusive enables the most effective & earliest attacker detection attackers by stopping lateral movement, & empowering rapid triage through risk-awareness & real-time attack intelligence. Illusive’s technology is scalable, noiseless, easy to operate, & invisible to attackers. Illusive frustrates attackers’ lateral movements toward crown jewels in several important ways, thereby altering reality to prevent, detect, & respond to attacker movement.
The team is 90 strong globally, consisting of top cyber-attack specialists & pioneering cyber technology entrepreneurs with decades of collective experience in cyber warfare & cyber intelligence. Prior to establishing Illusive Networks, Ofer Israeli was an entrepreneur in residence at Team8, Israel’s leading cybersecurity think tank & company creation platform.
The overall aim of this project is to expand into the EU market. Our commercialisation activities will include: 1) Forge a strategic alliance with Cybertrap & market a shared development with their decoy; 2) Implement 960 demos & 160 POCs, part of which will be fortune 500 companies in banking, & insurance across Europe; 3) Build a pipeline in Europe; 4) Scale up operations; 5) Attend & speak at strategic events & tradeshows to build exposure in Europe; 6) Obtain all relevant regulatory & compliance certifications, & register additional patents & trademarks.'
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The information about "CYBER-PDR" are provided by the European Opendata Portal: CORDIS opendata.