Protection provided by BitFence will block high risk hosts, malicious payloads, viruses, malware, suspicious addresses automatically within seconds everywhere around the globe after threat is "mined" by the network of their StingMiners and risk scored with BitFence Engine.
Exactly, well explained; the idea of the honeypot is to understand what kind of things they are trying to attack, why and how they are carry out these techniques.
Once identified, it's easier to protect yourself against the same attack occuring on a "REAL" network rather than a virtual which contains no sensitive data.
That's pretty smart actually, I've heard of the concept before but I like that BitFence are using this technique to develop their own software to help prevent hacking.
To be honest, I don't really understand the system with all those specific words, but I like he idea behind this project, that the community secure each other and "mine" hackers together.