Darktrace Announces Formal Completion of its Acquisition by Thoma Bravo

October 1, 2024 at 05:32PM Darktrace, a leader in cybersecurity AI, has been acquired by Thoma Bravo for $5.3bn. CEO Jill Popelka views this as a valuable partnership, citing Darktrace’s advanced cybersecurity AI and Thoma Bravo’s expertise. Seth Boro of Thoma Bravo expresses excitement to support Darktrace’s efforts in protecting against cyber threats. Darktrace’s AI … Read more

Poppy Gustafsson to Step Down As CEO of Darktrace; Jill Popelka Appointed Successor

September 11, 2024 at 12:19PM Darktrace plc announces the departure of CEO Poppy Gustafsson and the appointment of COO Jill Popelka as her successor. Jill brings extensive experience in technology businesses and joined Darktrace as a Non-Executive Director in January 2024. The acquisition of Darktrace by Thoma Bravo is progressing, with the closing expected after … Read more

Second time lucky for Thoma Bravo, which scoops up Darktrace for $5.3B

April 26, 2024 at 12:06PM Thoma Bravo completes a $5.3 billion acquisition of UK-based cybersecurity company Darktrace, which saw its share price plummet due to a failed deal and accounting fraud allegations. The private equity firm plans to take Darktrace private, citing its strong financials and innovative cybersecurity AI. The move raises concerns about UK … Read more

New AI Safety Initiative Aims to Set Responsible Standards for Artificial Intelligence

December 13, 2023 at 01:30PM Major AI software vendors have joined the Cloud Security Alliance’s AI Safety Initiative to develop trusted best practices for generative-AI technology. Participants include heavyweights Microsoft, Amazon, Google, OpenAI, and Anthropic. The initiative aims to create security best practices for AI deployment and facilitate responsible adoption. Cybersecurity executive Caleb Sima chairs … Read more

Cisco intros AI to find firewall flaws, warns this sort of thing can’t be free

December 5, 2023 at 11:38PM Jeetu Patel of Cisco predicts AI will revolutionize infosec, shifting focus from defense to predicting attacks, using AI tools for analysis and automated responses. Cisco aims to streamline security management by centralizing alerts and applying AI for threat prediction, though specialized vendors may need to adapt. Cisco introduces an AI … Read more

CISA Outlines AI-Related Cybersecurity Efforts

November 15, 2023 at 08:58AM The US cybersecurity agency CISA has published a document outlining its efforts to promote the use of artificial intelligence (AI) in enhancing security and supporting critical infrastructure organizations. The document emphasizes the need to protect AI systems from threats and prevent their malicious use. CISA encourages AI system makers to … Read more

Darktrace Unveils Cloud-Native Security Solution Using AI

October 26, 2023 at 11:53PM Darktrace, a global leader in cyber security AI, has launched a new Darktrace/Cloud solution that offers comprehensive visibility of cloud architectures, real-time threat detection and response, and prioritized recommendations and actions. The solution combines insight from Darktrace’s other security solutions to provide a deeper understanding of an organization’s digital estate. … Read more