Global Semiconductor Supplier Signs Million-Dollar-Deal with Darktrace

Rhea-AI Summary

On May 13, 2022, Darktrace secured a million-dollar deal with a leading global technology company in the semiconductor sector to implement its Self-Learning AI. This system aims to protect both IT and operational technology (OT) environments by securing intellectual property and telemetry data. Darktrace's Industrial Immune System is designed to adapt to the company’s operational patterns, identifying unusual threats efficiently. The collaboration emphasizes the importance of cybersecurity in the rapidly evolving semiconductor industry, ensuring the integrity of the global manufacturing supply chain.

Positive

• Secured a million-dollar deal with a global technology company in the semiconductor sector.
• Darktrace's AI technology is positioned to protect critical data and intellectual property.
• The partnership underscores the demand for effective cybersecurity solutions in the semiconductor industry.

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• None.

CAMBRIDGE, England, May 13, 2022 /PRNewswire/ -- Darktrace, a global leader in cyber security AI, today announced that a leading global technology company has selected Darktrace's Self-Learning AI to protect both its IT and OT environment in a million-dollar-deal, adding to Darktrace's roster of customers in the semiconductor sector. 

The technology company, which has over 1,000 employees globally, develops semiconductor solutions for use across industries including transportation, healthcare, manufacturing and construction. It has selected Darktrace's Industrial Immune System to secure its intellectual property and sensitive telemetry data exchanged in its industrial control systems (ICS) environments. 

As the company continues innovating to meet growing demand for semiconductor technology, Darktrace's Industrial Immune System will defend against emerging threats from insiders, competitors, nation-states and financially motivated threat actors. Self-Learning AI uniquely supports the semiconductor supplier in facing these challenges by learning and adapting to the 'patterns of life' for the organization. By developing an understanding of what 'normal' business operations look like, the AI is able to spot and stop novel cyber-threats. 

As many industries have embraced digital transformation over recent years, the convergence of IT and OT has helped organizations to maximize productivity and introduce greater transparency into operational processes. However, it has also presented opportunities for threat actors to exploit vulnerabilities in these interconnected systems, and attacks are increasingly 'spilling over' from traditional IT into the OT sphere. Protecting these areas in isolation is not sufficient - AI is needed to illuminate the entire enterprise and fight back against emerging threats.

"We are proud to protect organizations that share our pursuit for uninterrupted innovation in an ever-evolving threat landscape," said Poppy Gustafsson OBE, CEO at Darktrace. "Defending the semiconductor industry is crucial not only for the advancement of innovation but for ensuring that the global manufacturing supply chain can run smoothly. Darktrace's AI is uniquely positioned to meet the needs of this sector by intelligently detecting and responding to threats across the entire enterprise."

About Darktrace

Darktrace (DARK:L), a global leader in cyber security AI, delivers world-class technology that protects over 6,800 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 Group has more than 2,000 employees worldwide. Darktrace was named one of TIME magazine's 'Most Influential Companies' for 2021.

Media Contacts

Tom Bermingham Brands2Life (UK) +44 (0) 7983 857952 darktrace@brands2life.com

Jessica Cheney CommStrat (US) +1 419 350 4614 darktrace@commstrat.com

View original content:https://www.prnewswire.com/news-releases/global-semiconductor-supplier-signs-million-dollar-deal-with-darktrace-301546834.html

SOURCE Darktrace

FAQ

What is the significance of Darktrace's million-dollar deal with a semiconductor supplier?

The deal highlights the growing need for advanced cybersecurity solutions in the semiconductor sector, securing critical data and operational technology.

When was the deal between Darktrace and the technology company announced?

The deal was announced on May 13, 2022.

What does Darktrace's Self-Learning AI do?

Darktrace's Self-Learning AI protects IT and OT environments by adapting to normal operational patterns and identifying unusual threats.

Which sector does the global technology company operate in?

The company operates in the semiconductor sector, providing solutions for various industries including healthcare and construction.

How does Darktrace's AI contribute to cybersecurity in manufacturing?

Darktrace's AI helps defend against emerging threats to ensure the integrity and security of the global manufacturing supply chain.