Behavior analytics tools for cybersecurity move into enterprises. Poppy Gustafsson at a tech conference in London. 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. "This is a personal matter for one individual associated with one of its investors.. Headcount has risen to 1,250 since May 2018 from 750. During his time there Hussain was hailed as a big shot by The Times of London and received the FTSE 100 Financial Director of the Year award in 2010. [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. Mike Lynch and Sushovan Hussain were accused of falsifying financial facts and documents in the run-up to an $11bn sale of Lynch's software company Autonomy to Hewlett-Packard in 2011. Shizuoka end Wild Knights' long win streak Japan League In my time here at Darktrace, Ive seen attackers try [to] use things like Teslas parked in the office car park, [internet-connected] fish tanks in casinos, and fingerprint scanners on the doors of warehouses, all as a sort of new and novel way into businesses.. While she did enough to get her by, she always thought that she would put in more effort later in life. 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. He focuses primarily on investments in the technology sector in Europe. Under her leadership, the company has experienced significant growth and global expansion, and listed on the London Stock Exchange in 2021. Check if your Darktrace employs more than 1,500 staff globally, of which 40% are female including at management level a rarity against an industry average of just 15%. He started his career as a software engineer on GCHQs technologist programme, and progressed to support military operations. They are now awaiting a verdict. 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. He holds a BS in business administration from the University of Groningen, an MSc in international business from the University of Groningen, and an MSc in international finance from the CERAM Graduate School of Management & Technology. These parking meters had internet connections that someone hacked into and then connected the network to an adult content website. Poppy Gustafsson joined Darktrace in 2013. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. Prior to TCV, Mr. Shanley was with the TMT investment banking group of Needham & Company and started his career in the transaction services group of KPMG. Poppy Gustafsson: the Darktrace tycoon in new cybersecurity era It really does feel like were in this new era of cybersecurity, says Gustafsson, the chief executive of Darktrace. Lord Willetts served as a Member of Parliament from 1992 to 2015. For a full comparison of Standard and Premium Digital, click here. "Darktrace, The Cyber Security Startup Backed By Mike Lynch, Raises Further $18M", "Ex-Autonomy boss Mike Lynch charged with fraud in the US", "A smart fish tank left a casino vulnerable to hackers", "Darktrace: What we learned from building a 2.5bn UK success story", "Darktrace PLC (DRKTF) Stock Price & News - Google Finance", "Darktrace acquires attack surface analytics firm Cybersprint", "Darktrace stock falls after New York short seller takes stake", "Darktrace hits back after short seller takes stake", "Darktrace down 5% as New York hedge fund launches fresh bear raid", "Darktrace shares dive after short seller attack", Darktrace finds more attacks, cuts response time, saves money for Blackhawk Network. Lynch, with his wife, Angela Bacares, currently owns 19% of Darktrace, worth as much as 570m when the company floats. Al is responsible for customer-facing technical teams at Darktrace, ensuring the highest standards of consistency and service across the customer experience. cookies organisation Garrett by trade is a personal finance freelance writer and journalist. Nicole Eagan, co-CEO of Darktrace, has a long history working at tech companies from Oracle to troubled Autonomy. Mount Fuji. Invoke told Forbes it took action, but declined to provide details. They then joined Chamberlain and Gustafsson to launch Darktrace with a handful of former British spies fresh out of MI5 and GCHQ in 2013. But, just a month after the drinks, Darktrace says it learned of a formal allegation of sexual harassment made against Hussain. She holds an MBA from Loyola University Maryland and a BA in Economics from the University of Maryland. If hes extradited, Lynch will at least be close to his old business partner of 15 years, Hussain, whose own appeal campaign in San Francisco is under way. And Im a firm believer that people are innocent until proven otherwise, says Gustafsson. [9], In March 2022, Darktrace acquired Cybersprint, a Dutch attack surface management company, for 47.5million. You may opt-out by. Shizuoka: Top 10 Things to Do - Shizuoka City, Shizuoka Married to a Swedish engineer husband, whose surname she took after the birth of her eldest daughter, family life in Cambridge is described simply as normal., One thing which made a difference is shared parental leave, and that makes huge leaps and bounds meaning you can juggle work and kids. Through this period Gordon was instrumental in managing acquisitions, large outsourcing deals, and building a team of commercially-focused Finance Directors to enable continued development of the business. Poppy has led Darktrace to achieve a variety of accolades, such as being named Europes 9th Fastest Growing European Company by The Financial Times, as well as Fastest Growing Super Scale-up by Tech Tour. At Darktrace, Max oversees global threat hunting efforts, working with strategic customers to investigate and respond to cyber-threats. Poppy Gustafsson is the chief executive officer for EMEA of the cyber defense company Darktrace. You would just never think that people would bother to do that kind of thing, but they do.. In January 2022, Earl questioned Darktrace's model and culture, warning clients that the company's model was "watery-thin", based more on sales style than business substance. Poppy is the CEO of Darktrace, which under her leadership has grown to 2,000 employees with over 40 offices around the world. As he remains restricted to travel in northern California, with a GPS tracker wrapped around his ankle because of his conviction in the fraud case, Hussains ties to Darktrace cast a shadow over the young business as it prepares to debut on a bigger stage as a publicly traded company. Under Poppy's leadership, the company has reached a $1 . Developed by mathematicians, Darktrace uses self-learning AI algorithms to detect and neutralize cyber threats across diverse digital estates, including . Gustafsson admits she no longer knows the names and faces of all Darktrace's employees, over 700 to be exact, due to its fast growth. It could be a business competitor trying to gain some advantage. A member of our team will be in touch with you shortly. Darktrace disputes this, saying it only learned of the accusation in February 2018. She was the winner of the Veuve Clicquot Business Woman Awards 2019, and recognized in Management Todays 35 Women Under 35 list in 2018, whose alumnae include Martha Lane Fox and Karen Blackett. She was named City A.M.s Entrepreneur of the Year 2017. Leaning in and speaking with complete passion, she says: I find it absolutely fascinating that they will look back and the most antiquated piece of technology that they could possibly imagine is smartphones., Taking a moment to pour a last cup of tea, she adds: How exciting is that?, The Telegraph values your comments but kindly requests all posts are on topic, constructive and respectful. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. Poppy Gustafsson - CEO - Darktrace | LinkedIn Darktrace plc Type Public Traded as LSE: DARK FTSE 250 component Founded 2013 ; 10 years ago (2013) Headquarters Cambridge, England, and 555 Mission Street, San Francisco, California, U.S. Key people Gordon Hurst (Chairman) Poppy Gustafsson (CEO) Services Cybersecurity Revenue US$ 415.5 million (2022) Operating income US$7.6 million (2022) Net income US$1.5 million (2022) Total assets US$729.4 . 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. This hard-driving sales department, which has landed big clients like HSBC and British Telecom, has helped make Darktrace one of the U.K.s hottest tech companies. Get Forbes daily top headlines straight to your inbox for news on the worlds most important entrepreneurs and superstars, expert career advice and success secrets. Darktrace was built from ex-Autonomy staff, including Gustafsson, and in 2018 it was subpoenaed by US authorities for information about Invoke, warning there was a risk of money-laundering claims . 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. Podcast - Interview with Poppy Gustafsson, CEO of Darktrace artificial intelligence led cyber security. Name. In conclusion, Poppy Gustafsson is one of the brains behind Darktrace. In addition to Hussains financial fraud at Autonomy, he also faced allegations of sexual harassment by Darktrace employees. We have done so much and the technology has come so far, it feels like we have been doing it forever. 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. Mike Lynch, the tech entrepreneur once hailed as Britain's answer to Bill Gates, has lost an appeal against extradition to the US to answer criminal . Gustafsson and other Darktrace executives, despite the charges, attended. The funds would be used to accelerate the global rollout and bring significant, strategic, value and knowledge to the team. Copyright 2023 Darktrace Holdings Limited. The company also claims details of the anecdote described by the sources are false, though it refuses to specify which details. 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. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Prior to that Patrick spent over 15 years at Dresdner Kleinwort ultimately as Co-head and then Chair of Global Debt Origination. There is no reasonwhy would you want to do that? watch now. He plays an important role in the latters operations, seeing as how he is one of the co-CEOs, Read More 10 Things You Didnt Know about Scott UknesContinue, When it comes to direct sales, people usually rest on two extreme ends of the spectrum they either love it, or they hate it. This is a BETA experience. Mount Fuji (Photo: Blue Mountain - Reginald Pentinio / CC BY 2.0) Almost synonymous with Japan, the world-renowned Mount Fuji is a true natural treasure and icon of the country. or 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. Poppy Gustafsson - Global Shakers 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. In fact, she accompanied the UK Prime Minister Theresa May, to India on a trade mission recently. Founder Spotlight: Poppy Gustafsson, CEO and Co-Founder of - Talis. Sales team members would also have to give Hussain mock pitches, as if they were trying to hawk Darktraces artificial intelligence software to a real customer. 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. Maxs insights are regularly featured in international media outlets such as the BBC, Forbes and WIRED. Yet, the proverbial pot of gold awaits Hussain at the end of any sentence the court may impose.. Our first guest of the series was Poppy Gustafsson OBE, CEO of Darktrace . 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. Cathy Graham is Darktraces Chief Financial Officer. Poppy Gustafsson, Co-CEO of Darktrace addresses why cyber security is now one of the biggest threats not just to businesses, but to ourselves as individuals. Whiskyfun April 2023 - part 1 - Glenmorangie, Shizuoka The company needs to contract cyber technologists, salespeople, developers, and analysts among others. Co-founder Nicole Eaganwas recently dragged into controversy surrounding one of its early investors, Mike Lynch, who is facing extradition to the US on fraud charges over the multi-billion pound sale of his software business Autonomy to HP in 2011. Hussain . Originally responsible for the commercial team, Nick established and grew the global sales team before becoming Chief Operations Officer in 2020. The Cyber Challenge: Innovating Our Way Out | Poppy Gustafsson As a $5 billion civil fraud suit brought by HP in the U.K. rumbles on, the U.S. has pressed ahead with criminal charges in what prosecutors say is the largest fraud case in the history of the Northern District of California. Like Hussain, both Lynch and Chamberlain have been deeply involved in Darktraces development. Podcast Host, Russell Goldsmith (top right) and Tyto's Brendon Craigie (bottom) chat with Darktrace's Poppy Gustafsson. He is a member of The Longreach Group Advisory Board, Senior Advisor to Alix Partners and Board Mentor for CMi. His current roles include President of the Resolution Foundation and Chair of the Foundation for Science and Technology, together with serving on several company boards. Ms. Gustafsson received an undergraduate degree from The University of Sheffield. In her previous role, Carolyn spearheaded communications across Europe, the Middle East and East Asia for the Bill & Melinda Gates Foundation, the worlds largest private philanthropic organisation, working on global health and development issues. Learn how your comment data is processed. All rights reserved. It was an office Hussain was familiar with, having worked closely with the sales team there, including Cheek, sources who were there at the time confirm. The culture in the California office was troubled, according to eight former Darktrace employees. Over the same period Darktrace claims its seen a 74% increase in customers and claims its making preparations for an as-yet unconfirmed IPO. 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. Yet, the proverbial pot of gold awaits Hussain at the end of any sentence the court may impose.. It has found hackers in strange places before, including an internet-connected fish tank. 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. In this video from Computer Weekly's annual diversity event, in partnership with Spinks, Poppy Gustafsson, CEO of Darktrace, gives her . 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. Read More 10 Things You Didnt Know About Andrew BialeckiContinue, Say the phrases British Spy or MI6, and most people will immediately think of James Bond. His daughter was given a three-week internship at Darktrace in the summer of 2018. What is clear is that long after the complaint, Hussain was still able to call in favors. "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. and venture capital sectors. Together with Darktrace CTO Jack Stockdale, Poppy was awarded an OBE for services to cyber security in 2019. Appropriate for a math company, she is also a qualified chartered accountant. I found myself arms crossed feeling like I wasnt part of it. Darktrace was founded in 2013 in Cambridge, in a collaboration with the British intelligence agencies[5] and Invoke Capital, a company owned by Mike Lynch.