In August, through partnership with Samsung SDS, Darktrace got a huge validation to their technology that would propel growth in Asia. Poppy and her team were recognized for their vision, strategy, and the disrupting innovation behind Al technology Darktrace. cookies 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. Youd be hard-pressed to discover anything about his family and personal life at all. However, he remained on its advisory council until last month, when he moved to a newly created science and technology council. It could be a business competitor trying to gain some advantage. Poppy Gustafsson is the Chief Executive Officer of Darktrace plc. Poppy Gustafsson is the chief executive officer for EMEA of the cyber defense company Darktrace. Soon after the OBE award was made public, she received a call from a former mentor and onetime Darktrace board member Sushovan Hussain, 55, offering congratulations on her dazzling career. Europe, Menlo Park, China), Where the person is located (e.g. personalising content and ads, providing social media features and to Over the same period Darktrace claims its seen a 74% increase in customers and claims its making preparations for an as-yet unconfirmed IPO. 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. The Autonomy connection persists today; half of Darktraces board and six of its eight top executives are ex-Autonomy folks, which included Gustafsson (ex-corporate controller) and co-CEO Nicole Eagan (ex-chief marketing officer). But as she sits down with the Telegraph, her most pressing problem is a very British one. 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. and other data for a number of reasons, such as keeping FT Sites reliable and secure, Ms. Gustafsson received an undergraduate degree from The University of Sheffield. 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. In one interview, the sales director allegedly asked whether the interviewee had a boyfriend, later implying that hed have to keep her presence a secret from his wife, three ex-staffers claim. We are never going to be happy to be a company just following in the footsteps of others., Huge rise in hacking attacks on home workers during lockdown, Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk, Original reporting and incisive analysis, direct from the Guardian every morning, 2023 Guardian News & Media Limited or its affiliated companies. Cathy has more than two decades of professional experience in financial disciplines and has served at the helm of several businesses throughout periods of rapid growth and capital structure evolution. Gustafsson was 30 years old when she co-founded Darktrace in 2013, and her star has ascended in tandem with the companys rise from promising tech startup to rare British unicorn to list on the London stock market in the coming months. Lord Willetts served as a Member of Parliament from 1992 to 2015. In fact, she accompanied the UK Prime Minister Theresa May, to India on a trade mission recently. 807. Nicole identifies and shapes Darktraces strategic plan, leads the Companys AI vision together with our CTO, and provides product strategy and direction. [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. 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. Cathy Graham is Darktraces Chief Financial Officer. Capita plc has a turnover of c4.5bn, employs 65,000 people, and spans numerous markets and sectors including Financial Services and Banking. Its just an example of the ever-increasing problems. 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. In 2010, Mike merged his intelligence and technology experience to run cyber defensive operations for UK government, including working on the implementation of the national cyber security strategy and protecting the London 2012 Olympic Games. 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. Now that she is older and has a family, she has realized that she does not have free time and consequently still green at the piano and unlikely to get better soon. Management thought [the videos] were hilarious. 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. Lynch and Hussain are the focus of HPs U.K. civil fraud claim, which lumbered through closing arguments in December and January. Like Hussain, both Lynch and Chamberlain have been deeply involved in Darktraces development. 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. 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. We have done so much and the technology has come so far, it feels like we have been doing it forever. You can still enjoy your subscription until the end of your current billing period. She has also worked as a fund manager in Amadeus Capital Partners and as an assistant manager in Delloite from September 2004 to April 2008. All rights reserved. organisation He has been on the Board of Featurespace since November 2014, and prior to that, he joined Capita in 1988 and was first appointed to the Board as Commercial Director in February 1996. He started his career as a software engineer on GCHQs technologist programme, and progressed to support military operations. Developed by mathematicians, Darktrace uses self-learning AI algorithms to detect and neutralize cyber threats across diverse digital estates, including . After studying Mathematics at Sheffield, Gustafsson trained as an accountant, working at Deloitte. We have built this hugely successful company, says Gustafsson, of her and Eagans leadership. She was named Vodafone's Woman of the Year for Technology and Innovation in 2020, Tech Businesswoman of the Year at the UK Tech Awards 2019 and won the . 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. 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. For a full comparison of Standard and Premium Digital, click here. After having a successful commercial career, he moved to the UK in 1996. 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. Glenmorangie 10 yo 'The Original' (40%, OB, +/-2022) Fully matured in bourbon casks and currently at 29.99 at our nearest Leclerc supermarket. Poppy Gustafsson Retweeted. We use "Beforehand, security was about keeping the bad guys . Though Hussain officially departed Darktrace shortly before he was charged in November 2016, interviews with more than 25 current and former employees reveal his lasting and sometimes troubling influence on the rapidly growing cybersecurity firm. 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. Darktrace says its liability in this regard is low-risk in IPO registration documents. Poppy has worked as a corporate controller at Cambridge-based software company HP Autonomy and Invoke Capital from February 2013 to December 2014. She and the other founder were named team of the year 2017. [20] The product also visualises network activity on a user interface, called the 'Threat Visualiser'. Two othersAutonomy founder and ex-CEO Mike Lynch and former finance vice president Steve Chamberlainwere also charged, but Lynch has yet to appear in court and a U.S. request for the extradition of Lynch is pending in the U.K. The arms race will absolutely continue, I really dont think its very long until this [AI] innovation gets into the hands of attackers, and we will see these very highly targeted and specific attacks that humans wont necessarily be able to spot and defend themselves from. Under Poppy's leadership, the company has reached a $1 . Knighted in 1996 and awarded the CBE in 1989, Sir Peter has received honorary doctorates from 11 universities. 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. That holdings business has the largest stake in Darktrace at 39.5%. [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. Darktraces AI is now automatically responding to hacks and stopping them. Darktrace refuses to comment on specifics, citing legal limits to what were allowed to discuss., Co-CEO Eagan, who says she herself was once a victim of sexual assault at a previous job, says Darktrace management took the harassment claims seriously, investigated and ultimately did the right thing. Searching for an explanation as to why this incident occurred, Ms Gustafsson struggles to find one. According to Darktraces own estimate, the company is worth at least $2 billion and management is looking to take it public. In the early days, Hussain was guiding the management team at Darktrace, including Gustafsson (who started off as financial controller) and chief revenue officer Nick Trim. These are possible outcomes and we are only now starting to wake up to the reality that this could happen in many countries around the world. You see a lot of attacks where people are going into networks purely with the objective of using their processing power to harvest bitcoin. He doesnt get, Read More 10 Things You Didnt Know about Chiniere Energy CEO Jack FuscoContinue. Lynch, who could face a maximum prison sentence of 25 years if found guilty, denies any wrongdoing. She describes her founding group as three legs of a stool with academics from Cambridge University and former British intelligence agents. The problem is that Lynch, whose Invoke Capital was Darktraces first and biggest shareholder, has always had a significant influence on the business. Together with Darktrace CTO Jack Stockdale, Poppy was awarded an OBE for services to cyber security in 2019. [2][4] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Now, she says, cyber security is just not just about defending a network, but spotting internal attacks. Under her leadership, the company has experienced significant growth and global expansion, and listed on the London Stock Exchange in 2021. He is a member of The Longreach Group Advisory Board, Senior Advisor to Alix Partners and Board Mentor for CMi. The U.S. government thinks so. Interested in @PoppyGustafsson's Tweets? It has found hackers in strange places before, including an internet-connected fish tank. The Autonomy co-founder is fighting extradition to the US, where he is accused of fraudulently inflating the value of the company before its 8.4bn sale to Hewlett-Packard in 2011. Flanked by an assistant, Ms Gustafsson is very careful about how she discusses her clients, so in an unnamed city at an unspecified time, something bizarre took place involving parking meters and adult websites. In 1838, his father Takafune was entrusted with the power of his father and moved to . Darktraces AI technology promises to hunt down hackers on business networks. Darktrace's technology . Gordon also is Non-Executive Chair of the PE funded services business, Marston Holdings, and a Non-Executive Director of Motorpoint Plc. Patrick has a BA (Hons) in Archaeology & Geology from Bristol University and was also awarded an MSc (Econ) in Business Administration from London Business School. She is CEO of the company along with Nicole Eagan and was previously the CFO and COO. Poppy Gustafsson, who says her company is never happy just following the status quo. Prior roles also include financial controller positions in the technology. It is as if women dont get to run their own show.. With over 20 years experience of software engineering, Jack is responsible for overseeing the development of Bayesian mathematical models and artificial intelligence algorithms that underpin Darktraces award-winning technology. 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. Gustafsson and Eagan say they have little interaction with Hussain today, though the former acknowledges his early influence. Throughout 2017, employees raised multiple complaints about Cheek, claiming hed made inappropriate comments to numerous female employees. This presents an opportunity for a foreign interruption. Allow notifications. There are quite a few secret 'Highlands' that are actually Glenmorangie currently in the market, not only 'Westports', but we'll focus on OBs today, if you don't mind. They deny claims from one former employee that Hussain was seen as everyones boss boss.. Premium access for businesses and educational institutions. She oversees operations across the region, and she has been crucial to the swift growth that the 300-person company has experienced. Darktrace is designed with an open architecture that makes it the perfect complement to your existing infrastructure and products. While she did enough to get her by, she always thought that she would put in more effort later in life. Poppy Gustafsson is CEO/Co-Founder at Darktrace PLC. She previously directed global communications at Logica, a multinational IT and business consultancy company listed on the London Stock Exchange. The character of literary and film legend has affected entire generations, and its not just because of Bonds great, Read More 10 James Bond-Like Surveillance Gadgets that Actually ExistContinue, Ronald P. OHanley is both the CEO and the Chairman of State Stree, which is a U.S. corporation that focuses on financial services. He was Minister for Universities and Science within the Department for Business, Innovation and Skills from 2010 to 2014, and previously held roles within HM Treasury and the No. Check if your 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. Poppy has an excellent relationship with the UK. Research unlocks the unknowns; it also helps shed light on what we are collectively up against. He was quite the role model. 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 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. BI Prime: Poppy Gustafsson is the 35-year-old CEO of Cambridge-based cybersecurity firm Darktrace, which was recently valued at $1.65 billion. [10], In April 2021, Darktrace listed on the London Stock Exchange with a market value of circa 2.5 billion. In conclusion, Poppy Gustafsson is one of the brains behind Darktrace. That said, here are 10 things that you did not know about Poppy Gustafsson: Poppy went to Sheffield University from 2000 to 2003 to study a Bachelor of Science (BSc) mathematics. Learn how your comment data is processed. He would also ask staff from various offices for daily sales updates (something Darktrace disputes) and helped develop sales strategy, according to former employees, one of whom said that was the case up until at least mid-2017. External member of the Darktrace Community, Copyright 2022 Darktrace Holdings Limited. 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. Nicole Eagan, co-CEO of Darktrace, has a long history working at tech companies from Oracle to troubled Autonomy. Al has over 14 years experience in enterprise software. offers FT membership to read for free. Joining Darktrace at its early stages in 2014, Mike developed the cyber analyst operation that supports thousands of Darktrace customers with 24/7 support and since 2020 oversees Darktraces internal security program as Global CISO. [22] Currently, Darktrace can cover Industrial Operational Technology, Email, SaaS, Cloud, Network, and Endpoint. He was convicted for his role in HPs cataclysmic acquisition of British data analytics company Autonomy for more than $10 billion in 2011. In this modernized era, everyone is a target for cyber-attackers. Sir Peter Bonfield has more than 50 years experience in the international technology sector, leading businesses in the fields of electronics, computers and communications. Twitter View on Twitter. Jack Stockdale is the founding CTO at Darktrace. Its not going to be these futuristic Terminator-style robots out shooting each other, its going to be all these little pieces of code fighting in the background of our businesses. 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. So embedded was Hussain in Darktrace culture that he appeared in amusing video skits designed to galvanize staff during yearly sales meetups at grand locations. However, it should be mentioned that he can boast of a long, Read More 10 Things You Didnt Know about Ronald P. OHanleyContinue, Scott Uknes is one of the co-founders of AgBiome, a biotech company that focuses upon crop protection. 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. A member of our team will be in touch with you shortly. Mount Fuji. Moreover, Poppy is a co-founder of the 3-year-old Darktrace, and she has previously served as the CFO of the company. 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.. 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. Prior to joining Darktrace, he was responsible for the creation and growth of the HP Professional Services Solutions organization. Now, that company is worth 1.26bn($1.65bn), achieving unicorn status in just four years. 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. He is currently Chairman of Netherlands-based NXP, a world leading semiconductor company. Darktrace. Invoke told Forbes it took action, but declined to provide details. She has an extensive range of industrial experience. Poppy served as Chief Financial Officer and Chief Operating Officer for Darktrace. Gustafsson was part of a group that founded Darktrace 2013 as a way to better use technology to identify cyber threats at an early stage. facing extradition to the US on fraud charges, the most recent injection coming from Vitruvian Partners.
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