Under Poppy's leadership, the company has reached a $1 . 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. 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. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Research unlocks the unknowns; it also helps shed light on what we are collectively up against. Darktrace Nick is part of the founding team at Darktrace, previous to which he led a cyber security consultancy advising large business on their cyber risk, and has been a speaker and coach on the topic of economic espionage. External member of the Darktrace Community, Copyright 2022 Darktrace Holdings Limited. Darktraces AI is now automatically responding to hacks and stopping them. 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. Poppy Gustafsson sits at the apex of a global cybersecurity organisation worth $1.65bn, with 40 offices, 900 staff and 2,500 clients.. As CEO and one of the founders of Darktrace, she works with . See Poppy Gustafsson's compensation, career history, education, & memberships. Prior roles also include financial controller positions in the technology. This is a BETA experience. Shizuoka end Wild Knights' long win streak Japan League She previously directed global communications at Logica, a multinational IT and business consultancy company listed on the London Stock Exchange. Yet, the proverbial pot of gold awaits Hussain at the end of any sentence the court may impose.. 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. 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. Founded just five years ago, Darktrace offers artificial intelligence led cyber security. I have realised how important it is for people to come in and feel like they are just part of a team.. But, for Poppy Gustafsson, it is gratifying to step back and reflect on all the talented employees she overlooks and who work all over the world. 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.. In her talk, she discusses why humans are vulnerable to attackers, how hackers are becoming increasingly innovative and ultimately how cyber AI can help us invent ourselves out of the problem. Over the same period Darktrace claims its seen a 74% increase in customers and claims its making preparations for an as-yet unconfirmed IPO. He is actively involved with KKRs investments in Darktrace, OutSystems, KnowBe4, GetYourGuide, Ivalua, Trainline, ClickTale, Optimal+, and Travelopia. [19] It employs an autonomous response technology, Antigena, to take action against in-progress cyber-attacks. You could grind a city to a halt if you switch off a power supply - look at what happened in Ukraine. 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. His previous board and investment experience includes 360T Group (acquired by Deutsche Brse), Acturis Limited (acquired by Astorg), Multifonds (acquired by Temenos), SafeBoot (acquired by McAfee) and Welltec International (acquired by Exor and 7 Industries). Talis Capital led the company's Series A in 2015. Max holds an MSc from the University of Duisburg-Essen and a BSc from the Cooperative State University Stuttgart in International Business Information Systems. Hussain was a man, ostensibly, destined for success, not a biblical fall from grace. 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. 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.. Founded in 2013, Darktrace is recognised as the world's leading cyber security AI company. Gustafsson has just been nominated for the New Generation prize at the Veuve Clicquot Business Woman awards. Prior roles also include financial . 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. Just before he flew off to San Francisco for his trial in early 2018, Darktrace employees organized a farewell get together at The Admiralty pub, close to the companys London headquarters. Premium access for businesses and educational institutions. All rights reserved. Sir Peters prior positions include CEO of BT Group, Chairman and CEO of ICL plc and Deputy CEO of STC plc. 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. 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. Moreover, Poppy is a co-founder of the 3-year-old Darktrace, and she has previously served as the CFO of the company. He has conducted intelligence analysis and assessment in operational theatres across the world, becoming a senior intelligence officer. Poppy Gustafsson is the CEO of Darktrace. It really does feel like were in this new era of cybersecurity, says Gustafsson, the chief executive of Darktrace. He doesnt get, Read More 10 Things You Didnt Know about Chiniere Energy CEO Jack FuscoContinue. She spearheaded the Samsung SDS partnership. Or it could be the bedroom hacker looking to showcase their talents.. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Autonomy founder Mike Lynch loses appeal against extradition to US She has an extensive range of industrial experience. To be nominated gives what we do great validation, she says. 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. 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. They were the guys that really got the cyber problem and wanted to approach it in a fundamentally different way. [20] The product also visualises network activity on a user interface, called the 'Threat Visualiser'. She also complained that despite the female-led success of Darktrace, when the company is written about, the only name that seems to get mentioned is the founder, Mike Lynch. Because Hussain wasnt an employee of Darktrace at the time, the company says it passed its findingswhich it declined to give Forbeson to Invoke Capital, where Hussain (whose lawyers also declined to comment) was employed. Nicole identifies and shapes Darktraces strategic plan, leads the Companys AI vision together with our CTO, and provides product strategy and direction. Darktrace is designed with an open architecture that makes it the perfect complement to your existing infrastructure and products. But, just a month after the drinks, Darktrace says it learned of a formal allegation of sexual harassment made against Hussain. Talis Capital led the company's Series A in 2015. 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. [9], In March 2022, Darktrace acquired Cybersprint, a Dutch attack surface management company, for 47.5million. and venture capital sectors. [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. A Shifting Email Conversation: Email Security is Stuck Looking to the Past, How Self-Learning AI protects McLaren Racing from supply chain attacks. John Phillips / Getty Images. Gustafsson and Eagan say they have little interaction with Hussain today, though the former acknowledges his early influence. 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. [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. 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 if its backing money included cash from the Autonomy sale. 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. Oops! Without any more guidance from Hussain, business, they say, has been booming. journalists in 50+ countries covering politics, business, innovation, trends and more. We spoke to Poppy Gustafsson OBE, CEO, Darktrace ahead of London Tech Week 2022 (13-17th June 2022), to discuss the reasons behind her involvement as an amba. Poppy Gustafsson joined Darktrace in 2013. 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. Poppy Gustafsson, who says her company is never happy just following the status quo. Poppy has a vast industry experience across several sectors particularly specializing in venture capital and technology companies. Poppy Gustafsson at a tech conference in London. Her extensive career in technology spans 30 years working for Oracle and early to late-stage growth companies. 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. Cyber-security firm Darktrace has said it intends to list its shares on the London Stock Exchange. The problem is that Lynch, whose Invoke Capital was Darktraces first and biggest shareholder, has always had a significant influence on the business. He kept the sales managers in check, adds another. A recognised leader and award winner in the cybersecurity industry, we take a look at Poppy Gustafsson OBE, CEO at Darktrace. 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. Poppy is a qualified chartered . 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. The company also claims details of the anecdote described by the sources are false, though it refuses to specify which details. Jack has a degree in Computer Science from Lancaster University. They then joined Chamberlain and Gustafsson to launch Darktrace with a handful of former British spies fresh out of MI5 and GCHQ in 2013. She holds an MBA from Loyola University Maryland and a BA in Economics from the University of Maryland. 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. With her extensive experience and education, she has been at the forefront of the instigating growth of this innovative, technology company. 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. Executive Profile: Poppy Gustafsson OBE, CEO, Darktrace When living in Germany, he was an active member of the Chaos Computer Club. I found myself arms crossed feeling like I wasnt part of it. 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. The latest revenue figures for the year ended June 2018 landed at $78 million, up from $40 million the prior year. 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. Gustafsson insists that the UK is one of the more resilient and up-to-speed nations, but who knows what the future holds, she adds cautiously. In August, through partnership with Samsung SDS, Darktrace got a huge validation to their technology that would propel growth in Asia. The funds would be used to accelerate the global rollout and bring significant, strategic, value and knowledge to the team. make Darktrace one of the U.K.s hottest tech companies. 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. 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. In addition to Hussains financial fraud at Autonomy, he also faced allegations of sexual harassment by Darktrace employees. 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.
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