Darktrace is a British[4]-American[2] information technology company that specialises in cyber-defence. She admits the harassment allegations resulted in short-term commercial pain in the Bay Area, but ultimately the companys decision was right for the culture of the company., When Hussains legal ordeal comes to an end, he should still be very wealthy, in part thanks to Invokes Darktrace stock. Poppy Gustafsson OBE serves as the Chief Executive Officer of Darktrace, which under her leadership, has reached a $1.65 billion valuation in less than five years. Prior to Darktrace, Eloy led global engineering teams at a number of listed technology companies, and has helped design and build ultra-efficient electric vehicles in the US and Australia. [9], In March 2022, Darktrace acquired Cybersprint, a Dutch attack surface management company, for 47.5million. Marketing its products as the digital equivalent of the human bodys ability to fight illness, Darktraces AI-security works as an enterprise immune system, can self-learn and self-heal and has an autonomous response capability to tackle threats without instruction as they are detected. It really does feel like were in this new era of cybersecurity, says Gustafsson, the chief executive of Darktrace. 10 Policy Unit. Nicole identifies and shapes Darktraces strategic plan, leads the Companys AI vision together with our CTO, and provides product strategy and direction. Simply log into Settings & Account and select "Cancel" on the right-hand side. Skeletons In The Closet: $2 Billion Cybersecurity Firm - Forbes [24], Darktrace was included in Fast Company's 50 Most Innovative Companies for 2018,[25] The Cyber Award's AI Product of the Year in 2020,[26] Time Magazine's 100 Most Influential Companies in 2021[27] and Fast Company's top 10 most innovative AI companies for 2022. [21] Since the company's inception in 2013, its technology has been deployed some 9,000 times. Lynch and Hussain are the focus of HPs U.K. civil fraud claim, which lumbered through closing arguments in December and January. We examine how AI can be applied to real-world problems to find new paths forward, Innovating Cyber Recovery - Key to Cyber Resilience, Rapid Process-Chain Anomaly Detection Using a Multistage Classifier, Sorting long lists of file names by relevance and sensitive content. Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. watch now. Under her leadership, the company has experienced significant growth and global expansion, and listed on the London Stock Exchange in 2021. Cyber-security firm Darktrace has said it intends to list its shares on the London Stock Exchange. Moreover, Poppy is a co-founder of the 3-year-old Darktrace, and she has previously served as the CFO of the company. Mount Fuji. Darktrace Leadership Keeping up with the demand is the most challenging part of her job. Founded just five years ago, Darktrace offers artificial intelligence led cyber security. It could be an organised criminal ring, especially with things like bitcoin. They then joined Chamberlain and Gustafsson to launch Darktrace with a handful of former British spies fresh out of MI5 and GCHQ in 2013. Poppy Gustafsson founded Darktrace, a UK startup that uses artificial intelligence to address cybersecurity issues, with a team of mathematicians, technology specialists, and former intelligence agents. organisation Throughout 2017, employees raised multiple complaints about Cheek, claiming hed made inappropriate comments to numerous female employees. Research unlocks the unknowns; it also helps shed light on what we are collectively up against. Hussain was a man, ostensibly, destined for success, not a biblical fall from grace. Headcount has risen to 1,250 since May 2018 from 750. She has prior experience in financial controller positions in the technology and venture capital sectors and was named City A.M.s Entrepreneur of the Year 2017. Under her leadership, the company has experienced significant growth and global expansion, with 5,500 customers and 1,600 employees worldwide. In 1836, he was born in Aio-cho, Honjo, Edo, as the second son of the Shogunate vassal Sekiguchi Takafune. and other data for a number of reasons, such as keeping FT Sites reliable and secure, Former Darktrace board member Sushovan Hussain (above) is appealing a five-year prison sentence for his role in the disastrous HPAutonomy deal. You would just never think that people would bother to do that kind of thing, but they do.. She was named CEO of the Year at the 2021 Digital Masters Awards and Tech CEO of the Year at the UK Tech Awards 2021. "But I want to make sure they continue to feel a part of . Al is responsible for customer-facing technical teams at Darktrace, ensuring the highest standards of consistency and service across the customer experience. Poppy Gustafsson regrets the fact that she didnt devote more time to practicing piano when she was young. She was named CEO of the Year at the 2021 Digital Masters Awards and Tech CEO of the Year at the UK Tech Awards 2021. Prior to that Patrick spent over 15 years at Dresdner Kleinwort ultimately as Co-head and then Chair of Global Debt Origination. He had a long and distinguished career in the intelligence community, working overseas developing cutting-edge capabilities to defend national interests against a range of threats. He is currently Chairman of Netherlands-based NXP, a world leading semiconductor company. [16] Quintessential pointed towards connections between Darktrace and HP Autonomy, the UK software company with which Darktrace shares many ties. [23], Darktrace has claimed that it has the capability to defend against zero-day attacks, for example some log4j attacks. After attending Hinchingbrooke secondary school alumni include Oliver Cromwell and Samuel Pepys, and Wolf Hall author Hilary Mantel was patron of its 450th anniversary she took a maths degree at the University of Sheffield, where her first student job was building kitchen cabinets. Knighted in 1996 and awarded the CBE in 1989, Sir Peter has received honorary doctorates from 11 universities. It really feels like we are just getting started, she says. Today, her team is fighting a war on many fronts and the threats that nations and companies face are complex and ever-changing. According to Darktraces own estimate, the company is worth at least $2 billion and management is looking to take it public. To create distance, Lynch stepped down from Darktraces board in 2018. She was named CEO of the Year at the 2021 Digital Masters Awards and Tech CEO of the Year at the UK Tech Awards 2021. [17], The companys share price fell 12 per cent when Quintessential first disclosed its short position on 30 January 2023. San Francisco Bay Area, Silicon Valley), Total number of current Jobs the person has, Total number of events the individual appeared in, Number of news articles that reference the Person, Poppy Gustafsson, CEO of Darktrace, on Fighting Hackers During the Cybercrime Wave, Poppy Gustafsson: the Darktrace tycoon in new cybersecurity era, Breakingviews - Capital Calls - Darktrace IPO timing looks questionable, Darktrace boss Poppy Gustafsson scoops up top innovation award, Poppy Gustafsson: Lockdown has fuelled a cyber crimewave, Six Statistics That Highlight The Challenges Facing Britain's Female Entrepreneurs, A cybercrime epidemic drives businessand fundingto cybersecurity. In 1838, his father Takafune was entrusted with the power of his father and moved to . Take a country's power supply. And Lynchs American trialone that will be shared with Chamberlainhasnt even started. Capita plc has a turnover of c4.5bn, employs 65,000 people, and spans numerous markets and sectors including Financial Services and Banking. In 2001, he became chief financial officer and president at Autonomy, a Cambridge-based business that crunched so-called big data for clients like Coca-Cola, Ford and the U.S. military. As CEO and one of the founders of Darktrace, she works with some of the most powerful companies on the planet, including eBay, BT, BNP Paribas and T-Mobile. Poppy is the CEO of Darktrace, which under her leadership has grown to 2,000 employees with over 40 offices around the world. Poppy and her team were recognized for their vision, strategy, and the disrupting innovation behind Al technology Darktrace. Learn how your comment data is processed. Prior to Summit, Han worked for Scotia Capital and IBM Corporation. Learn more at https://www.ted.com/tedx There is no reasonwhy would you want to do that? "This is a personal matter for one individual associated with one of its investors.. Han joined Summit Partners in 2004 and today manages the firms London office. In 2009, she moved to Mike Lynchs Autonomy, a business that would become inextricably intertwined with Darktrace, for a two-year stint, before the cybersecurity company was born. They say Hussain was worth at least $60 million and likely much more, noting Lynch had bestowed on his old finance chief 193,188 shares of ICP Darktrace Holdings worth approximately $58 million and 215,000 shares of ICP Holdings that may be worth even more. (Hussains legal team disputes the valuation, saying the shares were effectively worthless because sales of them were severely restricted and the government itself has, by its threats and allegations, made it impossible for Mr. Hussain monetize his shares.) Hussain sold some of those ICP Darktrace Holdings shares to Lynch in 2018 and 2019 to pay legal fees and deposited $182,627 with the California Northern District Court to get bail, though he can expect them back as long as he doesnt flee the country. He kept the sales managers in check, adds another. She is a qualified chartered accountant and holds a BSc in Mathematics from the University of Sheffield, where she was also awarded an honorary degree in Doctor of Science in recognition of outstanding achievements in the field of Cyber Security in 2022. Darktrace is a world leader in Autonomous Cyber AI, having created the first, at-scale deployment of artificial intelligence for the enterprise. Darktrace has made a name for itself by spotting . "Losses widen at security start-up Darktrace as it embarks on hiring spree", "Darktrace AI Stops Cyberattack Exploiting Log4j Vulnerability at Global Financial Services Provider", "The World's 50 Most Innovative Companies of 2018", "TIME100 Most Influential Companies 2021: Darktrace", "The 10 most innovative companies in artificial intelligence of 2022", "Winners announced at the 2022 Go:Tech Awards - Business Leader News", "DARKTRACE WINS ARTIFICIAL INTELLIGENCE AWARD AT 2022 GO:TECH AWARDS", "Darktrace signs to McLaren for 2020 F1 season", "McLaren Racing - McLaren Racing announces extended and enhanced partnership with Darktrace", https://en.wikipedia.org/w/index.php?title=Darktrace&oldid=1146170209, This page was last edited on 23 March 2023, at 05:19. Talis Capital led the company's Series A in 2015. He works closely with the R&D team at Darktraces Cambridge UK headquarters, leading research into new AI innovations and their various defensive and offensive applications. She says they spoke very regularly in the early years after the firm was founded in 2013 but has not spoken to him since that congratulatory call. One of the originals in a now-saturated market, Autonomy was a sought-after property, one on which HPs ex-CEO Lo Apotheker took a $10.3 billion gamble. As a sign of its stature, Darktraces 37-year-old co-CEO Poppy Gustafsson was named an Officer of the British Empire in June for her contributions to cybersecurity. The Sekiguchi family was descendants of the Imamkawa family, and his father, Takafune, was from Ikemiya Shrine in Sakura Village (present-day Sakura, Omaezaki, Shizuoka Prefecture). Executive Profile: Poppy Gustafsson OBE, CEO, Darktrace Founded in 2013, Darktrace is recognised as the world's leading cyber security AI company. But as she sits down with the Telegraph, her most pressing problem is a very British one. Darktrace 807. Poppy Gustafsson joined Darktrace in 2013. Poppy Gustafsson became the Chief Executive Officer (CEO) of Darktrace in 2016. Why UK cybersecurity firm Darktrace is under attack from short - CNBC The problem is that Lynch, whose Invoke Capital was Darktraces first and biggest shareholder, has always had a significant influence on the business. Mr. Jack Fusco is one of those dynamic and incredible public figures who doesnt share his private information. Poppy Gustafsson, CEO of Darktrace, argues that Russia's cyber-offensive skills can have real political and business impacts, but adds that she has not seen the high-profile cyberattacks many . Weve never been happy with just sort of following the status quo and doing things, you know, 2% better than the last product. Former Autonomy CEO Mike Lynch was arrested on Wednesday and is now out on bail in the U.K. as he awaits likely extradition to the U.S. One of his first creations at Autonomy was a virtual dog, reportedly modeled after his own pooch, Gromit. Patrick is Managing Director of Anthem Corporate Finance Limited, an independent, privately-owned financial services firm that provides financial advisory, M&A and strategic advisory services to companies worldwide, which he co-founded in 2002. IN A shock result, previously undefeated league leaders Saitama Wild Knights lost 44-25 to Shizuoka Blue Revs, snapping their win streak at 14 games from the opening round of the season. Sushovan (Hussain) was the lead in the deal room, says the ex-staffer. Poppy is a qualified chartered . Prior to joining KKR, Mr. Shanley was with Technology Crossover Ventures in Palo Alto, California and subsequently London. Poppy frequently speaks to the community of European investment and hence her good relationship with the United Kingdom. For her, satisfying the demand for immune system technology on a global dais is no small task. Podcast Host, Russell Goldsmith (top right) and Tyto's Brendon Craigie (bottom) chat with Darktrace's Poppy Gustafsson. Allow notifications. BI Prime: Poppy Gustafsson is the 35-year-old CEO of Cambridge-based cybersecurity firm Darktrace, which was recently valued at $1.65 billion. [31] In 2021, the deal was extended to include McLaren's IndyCar team.[32]. Cheek, who was promoted to senior vice president of sales in March 2017, even credits Hussain with helping him become the number two employee at Darktrace and that he was involved in my every decision, before praising the then-alleged fraudsters leadership at the cybersecurity firm. Poppy Gustafsson is the chief executive officer for EMEA of the cyber defense company Darktrace. I thought, I never want to have an organisation where employees come along and they suddenly feel painfully aware that they are a man or woman or that their race is an issue - you just shouldnt be aware of it - you should just come in and do a good job. James qualified as a solicitor at Linklaters in 2001 before working in the corporate department there for several years advising blue chip clients on major transactions. His 21-year-old daughter Ila died on October 17, 2019. They deny claims from one former employee that Hussain was seen as everyones boss boss.. She was named Europe's 9th 'Fastest Growing European Company' by The Financial Times and named 'Fastest Growing Super Scale-up' by Tech Tour. Poppy has a vast industry experience across several sectors particularly specializing in venture capital and technology companies. Darktrace Automates Network Security Through Machine Learning. Poppy is a co-founder of Darktrace, the worlds leading artificial intelligence company for cyber defence, which under her leadership has reached a $1.65 billion unicorn valuation in under five years, as well as being named Europes Fastest Growing Super Scale-up by Tech Tour. She spearheaded the Samsung SDS partnership. Gustafsson has just been nominated for the New Generation prize at the Veuve Clicquot Business Woman awards. From this evolving understanding of 'normal', it can then detect potential threats as they emerge in real time. Gustafsson, whose choice of transport is a canary yellow Vespa and has said her one regret is not putting more time into learning the piano, is laser-focused on ensuring Darktrace has a legacy all its own. [19] It employs an autonomous response technology, Antigena, to take action against in-progress cyber-attacks. Poppy Gustafsson: the Darktrace tycoon in new cybersecurity era Federal prosecutors were apoplectic, saying Hussain and his co-conspirators crimes reflected an attitude that, like a James Bond villain or a Mafioso, they were above the law. They also compared him to disgraced WorldCom CEO Bernie Ebbers. Poppy is also a qualified chartered accountant and previously served as the companys CFO. And in the audience, only about 10pc were women. He was convicted for his role in HPs cataclysmic acquisition of British data analytics company Autonomy for more than $10 billion in 2011. Poppy Gustafsson is the Chief Executive Officer of Darktrace plc. In 2005 he joined BPs in-house M&A legal team, before going on to join online food delivery company Just Eat plc in 2013, where he was instrumental in its transformation from pre-IPO business to the FTSE 100 and in subsequently navigating its merger with Takeaway.com. [6][7] Lynch was co-founder of Autonomy, sold to Hewlett-Packard in 2011 in a transaction leading to accusations of fraud and to a legal fight over extraditing him to the United States. When we first started, cyber security was all about trying to keep the bad guys off the network, she says, predictably over a pot of English Breakfast tea, in a central London hotel dining room. This site uses Akismet to reduce spam. She is a qualified chartered accountant and holds a BSc in Mathematics from the University of Sheffield, where she was also awarded an honorary degree in Doctor of Science in recognition of outstanding achievements in the field of Cyber Security in 2022. Prior to his sentencing, prosecutors wrote to the judge that, Crime can never pay. These parking meters had internet connections that someone hacked into and then connected the network to an adult content website. Stephen Shanley joined KKR in 2014 and is head of KKRs Technology Growth Equity business in Europe. [22] Currently, Darktrace can cover Industrial Operational Technology, Email, SaaS, Cloud, Network, and Endpoint. However, he remained on its advisory council until last month, when he moved to a newly created science and technology council. Above them, a monitor tracks sales wins: happy faces for staff performing well, sad for those lagging behind. He is currently Chief Operating Officer and Executive Director at Ascential plc, a FTSE 250 data and analytics company. These claims led to one of two sexual harassment investigations the firm faced in 2017 and 2018the second involving a close associate of Hussains in the U.S. - that threatened to let off cultural hand grenades at a company that proudly claims to have more than 40% female staff and pay women $1.34 for every $1.32 that men earn per hour. They say the event took place in the first half of 2017 and a complaint was made to HR that year. Invoke and Darktrace also share the same floor in open-plan London offices. Cyber-firm Darktrace eyes '3bn' London share listing - BBC News Darktrace is designed with an open architecture that makes it the perfect complement to your existing infrastructure and products. Hussain, who is in the process of appealing his conviction, is the first of the old Autonomy guard to have been found guilty, going down for 14 counts of wire fraud, one of securities fraud and one of conspiracy. Lets be honest, says Gustafsson, looking over to her 55-year-old American co-CEO Nicole Eagan, we are really good at what we do.. The company needs to contract cyber technologists, salespeople, developers, and analysts among others. CEO Poppy Gustafsson and CTO Jack Stockdale were appointed OBEs in the Birthday Honours 2019, in recognition of their services to cyber security. Find out more, The latest offers and discount codes from popular brands on Telegraph Voucher Codes, Poppy Gustafsson,CEO and one of the founders of Darktrace, Gustafsson says there has been a rise inpeople hacking into networks purely with the objective of using their processing power to harvest bitcoin, Shares in Alphawave suspended after warning over tech champion's accounts, Alcohol tea maker and vegan energy bars among failures in Sunaks Covid start-up fund, Boost for Mark Zuckerberg as Facebook-owner Meta breaks year-long slump, How red tape is wrecking dreams of a British Silicon Valley, West must unite against Chinas autocratic AI, warns Clegg, global cybersecurity organisation worth $1.65bn. Ms. Gustafsson received an undergraduate degree from The University of Sheffield. Indeed, in a letter written by Cheek to the judge in Hussains case, the American refers to Hussain as his dear friend, with whom he regularly went running, and goes so far as to compare him to Santa Claus. The funds would be used to accelerate the global rollout and bring significant, strategic, value and knowledge to the team. In this modernized era, everyone is a target for cyber-attackers. Autonomy founder Mike Lynch loses appeal against extradition to US Through a combination of acquisitions and ground-breaking white collar outsourcing deals initially in the public sector the company continued its rapid growth and entered the FTSE 100 in 2001. Jack Stockdale is the founding CTO at Darktrace. Under her leadership, the company has experienced significant growth and global expansion, and listed on the London Stock Exchange in 2021. Cathy Graham is Darktraces Chief Financial Officer. In August, through partnership with Samsung SDS, Darktrace got a huge validation to their technology that would propel growth in Asia. Hussain was also a lead fundraiser for the business, especially in the U.S., where he helped raise $65 million in a round led by New York-based private equity firm KKR in 2016. He is a member of The Longreach Group Advisory Board, Senior Advisor to Alix Partners and Board Mentor for CMi. He also served as a Senior Independent Director on the Board of Hays plc, a recruitment company. He has a Law degree from St Catharines College, Cambridge and a Law Diploma from Nottingham Law School. He currently sits on The Experiences Per Mile (EPM) Advisory Council, which brings together industry leaders to discuss the future of automotive and mobility industry. Poppy Gustafsson runs a cutting-edge and gender-diverse cybersecurity firm on the brink of a 3bn stock market debut, but she is happy to reference pop culture classic the Terminator to help describe what Darktrace actually does.. Shizuoka: Top 10 Things to Do - Shizuoka City, Shizuoka She and the other founder were named team of the year 2017. Autonomy was accused of irregular accounting practices relating to its $11.7bn sale to Hewlett-Packard in 2011. Standard Digital includes access to a wealth of global news, analysis and expert opinion. That holdings business has the largest stake in Darktrace at 39.5%. The Darktrace staffer alleged to have been inappropriately touched has since left the company and was unreachable for comment. Along the way, Gustafsson has breezed through investment pitches, securing some $230m, the most recent injection coming from Vitruvian Partners, with help from KKR and 1011 Ventures. [14], On 31 January 2023, Quintessential Capital Management[d], a New York-based hedge fund and short seller, published a detailed report alleged potential accounting errors at Darktrace, making claims about potential irregularities in contracts with resellers and customers, predominantly dating from before Darktraces public listing in 2021.

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