Contract with leading electronics corporation

RNS Number : 2227B

Darktrace PLC

10 February 2022

 

10 February 2022

Darktrace plc

Darktrace signs million-dollar deal with leading global electronics corporation

Darktrace, (DARK.L) (together with its subsidiaries, "Darktrace" or "the Group") a global leader in cyber security AI , today announced that a multinational electronics corporation has signed a million-dollar deal with Darktrace to ensure its business is protected from sophisticated and fast-moving cyber-attacks. 

The company, which has over 250,000 employees across over 70 countries, has deployed Darktrace Enterprise Immune System to defend the business from a growing level of advanced cyber-attacks. It trusts Darktrace's AI to interrupt these threats rapidly as they arise, while business operations continue as normal.

Digital security and privacy protection sit at the forefront of the electronics industry, which today is faced with the challenge of providing secure, high-performing and highly digitized products such as smart devices to the masses. These companies are tasked with protecting their own technologies and operations while also building secure and reliable systems into the goods they are selling to consumers. The total visibility provided by Darktrace over the business, from the manufacturing plant through to the corporate network, is vital for addressing such a complex cyber challenge.

Poppy Gustafsson OBE, CEO of Darktrace, said: "Darktrace is thrilled to welcome this leading electronics corporation to its customer community. This industry brings together retail, manufacturing and technology, and is battling an evolving threat landscape as attackers continue to innovate. Darktrace's technology can not only detect threats but can fight back against them on an organization's behalf, empowering businesses to focus on doing what they do best."

About Darktrace

Darktrace  (DARK.L), a global leader in cyber security AI, delivers world-class technology that protects over 6,500 customers worldwide from advanced threats, including  ransomware  and  cloud  and  SaaS  attacks. Darktrace's fundamentally different approach applies  Self-Learning AI  to enable machines to understand the business in order to autonomously defend it. Headquartered in Cambridge, UK, the company has over 1,700 employees and over 30 offices worldwide. Darktrace was named one of TIME magazine's 'Most Influential Companies' for 2021.

Contact:

Luk Janssens - Head of Investor Relations

Direct: [phone]

[e-mail]

Powerscourt (PR adviser to the Company)

Victoria Palmer-Moore/ Jane Glover

Direct: [phone]

[e-mail]

 

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