Semiconductor leader signs Darktrace contract

A leading global technology company has renewed its contract with Darktrace in a multi-million-dollar deal.

The company, which has tens of thousands of employees working across labs and manufacturing sites worldwide, has been using Darktrace's Self-Learning AI since 2017. It has elected to continue using Darktrace's Enterprise Immune System as the semiconductor industry, which has a strong focus on R&D and holds large volumes of commercially sensitive data, faces a growing level of attacks from both insider-threat and espionage-driven adversaries seeking to steal valuable IP and proprietary solutions.

Self-Learning AI is ideally positioned to address these challenges, as it does not rely on historical attack data but learns 'self' for an organization. It constantly builds on its understanding of 'normal', meaning it is equipped to spot and stop never-before-seen attacks, whether they are insider threats or advanced, nation-state-led attempts to compromise data. The sheer volume of attacks today cannot be managed by humans alone – AI is needed to rapidly and precisely catch threats before they escalate.

This renewal follows the publication of an independent survey of businesses that have trialled, used or currently use Darktrace's products, conducted by the equity research team at investment bank Berenberg. The survey found not only that 100% of customers surveyed were satisfied with Darktrace's products, but that 65% expected to invest further in Darktrace's technology in the future. 

"I am very happy that this leading innovator has extended its contract with us, indicating the value that our AI-powered technology brings to the business," said Poppy Gustafsson OBE, CEO of Darktrace. "Defending the semiconductor industry is critical for our national security, especially at a time when the sector is facing supply shortages. We are proud to be playing a role in the defense of this space with Self-Learning AI, which intelligently detects and interrupts threats while business operations continue as normal."

Radically simplifies network operations, delivers exponential performance with next-generation...
Securonix has acquired ThreatQuotient, the force behind ThreatQ, an innovative external threat...
The pilot program allows faster, more transparent procurement for cloud software buyers.
Cyber threats are accelerating, but many small and medium-sized businesses (SMBs) are stuck in...
30% of incidents account for 80% of exposed personal data, says Huntsman Security.
AI could double the strain or solve it.
CyberSentriq Redstor and TitanHQ combine to deliver an integrated cybersecurity and data protection...
Landmark industry collaboration maps threat actor aliases across vendors to accelerate response and...