Nicole Eagan, co-CEO of Darktrace, has a long history working at tech companies from Oracle to troubled Autonomy. 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. oppy Gustafsson runs a cutting-edge and gender-diverse cybersecurity firm on the. [15] Darktrace has disputed this. 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. 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.. or Poppy is also a qualified chartered accountant and previously served as the companys CFO. In February, former home secretary Amber Rudd, who sits on Darktraces advisory board alongside former MI5 director general Lord Evans of Weardale and CIA veteran Alan Wade, penned a piece asking how we can find the future Poppy Gustafsson and more like her in male-dominated science, tech, engineering and mathematics. The Cyber Challenge: Innovating Our Way Out | Poppy Gustafsson 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 . BI Prime: Poppy Gustafsson is the 35-year-old CEO of Cambridge-based cybersecurity firm Darktrace, which was recently valued at $1.65 billion. Opting out is easy, so give it a try. [18], Darktrace's product uses unsupervised (in particular) machine learning techniques to build an intrinsic "pattern of life" for every network, device, and user within an organisation. Achieving unicorn status in 2018, in 2020 Darktrace has offices across Europe, North America, the Middle East, Asia and Latin America. 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 that Patrick spent over 15 years at Dresdner Kleinwort ultimately as Co-head and then Chair of Global Debt Origination. Chamberlain is today Darktraces operations manager, even if his LinkedIn page doesnt note any affiliation with the firm. Only this talk would prove to be bittersweet. While running a business, it is easy to spend your time looking forward to the next step and forgetting how far you have come. Compare Standard and Premium Digital here. Poppy Gustafsson is the Chief Executive Officer of Darktrace plc. The case discusses how Poppy Gustafsson (Gustafsson) (she), Cofounder and Chief Executive Officer of Darktrace plc, one of the world's largest cyber-AI companies, is reinventing enterprise security by using artificial intelligence (AI) to detect and respond to cyberthreats to businesses and protect the public. According to the Financial Times list of 1,000 fastest growing companies in Europe last year, Darktrace was ninth, ballooning in size by 4,829 per cent. Prior roles also include financial . Simply log into Settings & Account and select "Cancel" on the right-hand side. Gain a global perspective on the US and go beyond with curated news and analysis from 600 He was quite the role model. In 2020, James was shortlisted for The Lawyers General Counsel of the Year. The value of the company was written down by $8.8 billion after HP alleged Autonomy execsparticularly Hussain, as Autonomys CFOhad used a variety of accounting tricks, including backdated contracts and channel stuffing to cook the books. Poppy Gustafsson is currently Chief Executive Officer and Director at Darktrace - View - Darktrace org chart. Previously at 2U, a global leader in education technology, she has extensive experience in developing and maturing hyper-growth technology companies. The shares then fell a further 8 per cent the following day, after the report was published, down to 200p. Hussain was phoning just a month after being sentenced in a San Francisco courthouse to five years of prison and a $4 million fine relating to a $11.7 billion federal fraud. Poppy Gustafsson: the Darktrace tycoon in new cybersecurity era 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. [2][4] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Breaking banks teamed up with the creative finance team to create an episode that would bring some of the critical thinking that was presented at the conference. 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. A member of our team will be in touch with you shortly. Poppy and her team were recognized for their vision, strategy, and the disrupting innovation behind Al technology Darktrace. Darktrace's Poppy Gustafsson on how she built 1.26bn - Telegraph Darktrace is designed with an open architecture that makes it the perfect complement to your existing infrastructure and products. In this modernized era, everyone is a target for cyber-attackers. Al is responsible for customer-facing technical teams at Darktrace, ensuring the highest standards of consistency and service across the customer experience. The U.S. government thinks so. Above them, a monitor tracks sales wins: happy faces for staff performing well, sad for those lagging behind. They say the event took place in the first half of 2017 and a complaint was made to HR that year. 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. Carolyn joins Darktrace with over 20 years of experience in corporate affairs across a range of diverse sectors. She holds an MBA from Loyola University Maryland and a BA in Economics from the University of Maryland. But Gustafsson is confident in the future. This presents an opportunity for a foreign interruption. Former Darktrace board member Sushovan Hussain (above) is appealing a five-year prison sentence for his role in the disastrous HPAutonomy deal. Cheek denies all allegations and insists the claims are fabricated. Poppy is a qualified chartered accountant and previously served as the company's CFO. Hussain was a man, ostensibly, destined for success, not a biblical fall from grace. Twitter View on Twitter. 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. He also served as a Senior Independent Director on the Board of Hays plc, a recruitment company. 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 . [10], In April 2021, Darktrace listed on the London Stock Exchange with a market value of circa 2.5 billion. Businesses are rightly worried about Russian cyber attacks - CNBC These parking meters had internet connections that someone hacked into and then connected the network to an adult content website. Everyone was just, like, what the hell is this? the former employee adds. 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. artificial intelligence led cyber security. Poppy Gustafsson is the CEO of Darktrace. Executive Profile: Poppy Gustafsson OBE, CEO, Darktrace Check if your Darktrace adds there were contradictory reports of what took place, with some allegations impossible to confirm. The Darktrace staffer alleged to have been inappropriately touched has since left the company and was unreachable for comment. She was named City A.M.s Entrepreneur of the Year 2017. For more information, please see our. At Darktrace, Max oversees global threat hunting efforts, working with strategic customers to investigate and respond to cyber-threats. Learn how your comment data is processed. They were the guys that really got the cyber problem and wanted to approach it in a fundamentally different way. 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. 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. Eloy Avila has over fourteen years experience in enterprise software. Darktrace customers protect their organizations with the Cyber AI Loop. Poppy Gustafsson - Co CEO @ Darktrace - CrunchBase She grew up in Cambridgeshire, where her father ran an agricultural sales business and her mother was a journalist for Farmers Weekly. Searching for an explanation as to why this incident occurred, Ms Gustafsson struggles to find one. By design or not, Gustafsson, who was awarded an OBE last year for her contribution to cybersecurity, has proved to be something of a gender stereotype-breaker for much of her life. 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. They came together with some Mathematicians from the University of Cambridge who were coming from a particular machine learning group and they were able to translate that vision into the ones and noughts. That holdings business has the largest stake in Darktrace at 39.5%. [9], In March 2022, Darktrace acquired Cybersprint, a Dutch attack surface management company, for 47.5million. Poppy is a co-founder of Darktrace, which under her leadership has reached a $1.65 billion valuation in under five years and was named Europe's '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. Andrew Bialecki is an American businessman and entrepreneur leading the company Klaviyo as its chief executive officer. Our first guest of the series was Poppy Gustafsson OBE, CEO of Darktrace . Together with Darktrace CTO Jack Stockdale, Poppy was awarded an OBE for services to cyber security in 2019. 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. John Phillips / Getty Images. [8] In its stock market listing registration documents Darktrace rated the potential liability relating to the fallout of the action against Lynch as "low risk". For cost savings, you can change your plan at any time online in the Settings & Account section. Poppy has worked as a corporate controller at Cambridge-based software company HP Autonomy and Invoke Capital from February 2013 to December 2014. 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. Moreover, Poppy is a co-founder of the 3-year-old Darktrace, and she has previously served as the CFO of the company. She and the other founder were named team of the year 2017. The founders of Darktrace including Poppy Gustafsson have been named the Team of the Year at the Awards held in London at the Dorchester. 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. Five years feels incredibly quick to have got this far but also it feels like a very long time. Poppy is a qualified chartered accountant and previously served as the companys CFO. Or it could be the bedroom hacker looking to showcase their talents.. 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 CEO of the Year at the 2021 Digital Masters Awards and Tech CEO of the Year at the UK Tech Awards 2021. He was convicted for his role in HPs cataclysmic acquisition of British data analytics company Autonomy for more than $10 billion in 2011. 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. An additional $75 million round closed in 2017 after Hussain had been charged with financial fraud. 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. Poppy Gustafsson became the Chief Executive Officer (CEO) of Darktrace in 2016. Takayoshi Sekiguchi - Wikipedia She attended the 2017 innovative finance summit. Poppy Gustafsson, the cyber security chief with a human dilemma Turn on account notifications to keep up with all new content. 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. A rare tweeter, the last post still lingering at the top of her Twitter feed references how proud the company was of its gender diversity marking International Womens Day. "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 and Chamberlains lawyers say their clients are innocent of all charges.) In the world of FinTech, the innovative finance, global summit has become a crucial event to attend, and consequently, Poppy Gustafsson obliged to the invite. 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. 10 Policy Unit. Poppy Gustafsson Retweeted. 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 . Darktrace VIDEO 2:08 02:08. CEO Poppy Gustafsson and CTO Jack Stockdale were appointed OBEs in the Birthday Honours 2019, in recognition of their services to cyber security. But for the people who ran the network there was a huge risk, because those types of websites are huge for introducing malware into organisations.. facing extradition to the US on fraud charges, the most recent injection coming from Vitruvian Partners. Mr. Jack Fusco is one of those dynamic and incredible public figures who doesnt share his private information. Crime can never pay. 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. All rights reserved. Maxs insights are regularly featured in international media outlets such as the BBC, Forbes and WIRED. Oct 2016 - Present6 years 7 months. Under Poppy's leadership, the company has reached a $1 . 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. 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. Gordon is Chairman of Darktrace, having joined the Board as a Non-Executive Director in August 2019. She established Laverstoke Park Farm, a 2,500-acre organic and biodynamic estate in Hampshire, England. Prior to his sentencing, prosecutors wrote to the judge that, Crime can never pay. It proved to be a woeful bet, and HP began alleging accounting fraud in 2012, just 14 months after the acquisition. In upmarket offices off Londons Trafalgar Square, a short walk from Parliament, rows of Darktrace employees are working the phones, flogging the startups artificial intelligence software, which hunts down hackers on the networks of major businesses. Premium access for businesses and educational institutions. Founded in 2013, Darktrace is recognised as the world's leading cyber security AI company. Poppy Gustafsson - Biography - MarketScreener.com The funds would be used to accelerate the global rollout and bring significant, strategic, value and knowledge to the team. Founded just five years ago, Darktrace offers artificial intelligence led cyber security. Predicting attacks in the present day is just as difficult. 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. offers FT membership to read for free. She oversees operations across the region, and she has been crucial to the swift growth that the 300-person company has experienced. First published on Fri 21 Apr 2023 06.26 EDT. 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. 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, who says her company is never happy just following the status quo. She then qualified as an accountant at Deloitte before working for Amadeus Capital, the venture capital firm run by ARM Holdings founder Hermann Hauser. 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. 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. He is also Director and Chair of Audit at TSMC in Taiwan, on the Board of Imagination Technologies in the UK and on the US Board of the EastWest Institute, an international not-for-profit think tank. 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%. Headcount has risen to 1,250 since May 2018 from 750. It really does feel like were in this new era of cybersecurity, says Gustafsson, the chief executive of Darktrace. That was the part that they dreaded the most, that final pitch to him, says one former sales employee. Nicole identifies and shapes Darktraces strategic plan, leads the Companys AI vision together with our CTO, and provides product strategy and direction. 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. With over 10 years experience he's covered businesses, CEOs, and investments. Background design inspired by, Yes, I would like to receive marketing emails from Darktrace about their offerings. Career. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Its only something Im aware of when Im doing interviews or when Im at an industry event and suddenly you see a sea of men staring back at you, she has previously said. In conclusion, Poppy Gustafsson is one of the brains behind Darktrace. Poppy served as Chief Financial Officer and Chief Operating Officer for Darktrace. Launched in Cambridge eight years ago by an unlikely alliance of mathematicians, former spies from GCHQ and the US and artificial intelligence (AI) experts, Darktrace provides protection, enabling businesses to stay one step ahead of increasingly smarter and dangerous hackers and viruses. 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. 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. 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. You could grind a city to a halt if you switch off a power supply - look at what happened in Ukraine. Oops! Poppy is the CEO of Darktrace, which under her leadership has grown to 2,000 employees with over 40 offices around the world. Poppy is a qualified chartered accountant and previously served as the companys CFO. Founder of Darktrace Ltd., Poppy Gustafsson presently occupies the position of Chief Executive Officer & Director at Darktrace Ltd. and Chief Executive Officer & Director at Darktrace Plc. CEO Poppy Gustafsson and CTO Jack Stockdale were appointed were appointed OBEs in the Birthday Honours 2019, in recognition of their services to cyber security. 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. Hussain,Lynch and current Darktrace co-CEO Eagan cofounded Invoke Capital, the venture capital company that helped get Darktrace off the ground. Meanwhile, throughout 2017 and 2018, Darktrace was dealing with another sexual harassment saga that involved Randy Cheek, a sales chief in the San Francisco office. Name. Poppy is a co-founder of Darktrace, which under her leadership has reached a $1.65 billion valuation in under five years and was named Europes Fastest Growing Super Scale-up by Tech Tour. Poppy Gustafsson at a tech conference in London. 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. 10 Things You Didnt Know about Chiniere Energy CEO Jack Fusco, 10 Things You Didnt Know About Andrew Bialecki, 10 James Bond-Like Surveillance Gadgets that Actually Exist, 10 Things You Didnt Know about Ronald P. OHanley, 10 Things You Didnt Know about Scott Uknes, The Five Most Profitable Direct Sales Companies in the World, The 20 Best Places to Live in Massachusetts, How to Get Cash from Your Vanilla Visa Gift Card, Five of the Top Watches That Cost Around $100,000. Originally responsible for the commercial team, Nick established and grew the global sales team before becoming Chief Operations Officer in 2020. Learn more at https://www.ted.com/tedx As the CFO and I paid the 15 to incorporate the company five-and-a-half years ago and it was my job to build a business around these brilliant but disparate groups of people.. 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. She has an extensive range of industrial experience. See Poppy Gustafsson's compensation, career history, education, & memberships.
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