IronTraps does analysis, forensics, mitigation and remediation automatically or at the click of a button. Most applications require an army of highly trained SOC/security specialists to manually deal with hundreds of daily reported security events and responses.
There are three stages to ransomware attack management: pre-attack, or delivery, attack and post-attack or clean-up/remediation. IronTraps addresses the pre-attack phase. There are some fallacies that can seriously impact you in a ransomware incident. The two big ones are that the appearance of the ransom demand signals an attack, and that all you need to do is backup and you'll be safe.
Believing the first fallacy results in an encrypted mess because the ransom message often - usually, in fact - is the last thing the ransomware does. Believing the second may result in restoring from an already infected backup. That is not always true, so by no means should you just ignore backup. The interesting thing about this product is that it focuses on the pre-attack phase but has a neat little trick to help in the cleanup.