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DARKTRACE PLC U/ADR - DRKTY STOCK NEWS

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Darktrace Federal, a subsidiary of Darktrace PLC, is a cybersecurity company on a mission to defend U.S. federal government customers from cyber disruptions. Darktrace Federal recently received a High Impact Level "In Process" designation from the FedRAMP, allowing it to offer cloud-native cybersecurity solutions to federal agencies. With over 400 security controls, Darktrace Federal's Cyber AI Mission Defense™ and Cyber AI Email Protection™ products are at the forefront of protecting critical infrastructure and combatting advanced cyber threats.

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Darktrace, a leader in cyber security AI, has secured a million-dollar deal with a major UK port group to safeguard its IT and OT environments. The organization, crucial to the UK supply chain, aims to enhance resilience against cyber threats. Darktrace's Enterprise Immune System and Antigena will enable proactive threat response and operational continuity. With 90% of global goods transported by sea, maritime cybersecurity is increasingly vital as the industry faces rising attacks on critical infrastructure.

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Darktrace recently revealed its AI-powered email security solution, Antigena Email, successfully thwarted a sophisticated phishing attack targeting a North American private equity firm in the food and beverage sector. During a trial, the firm's security was compromised by an email masquerading as internal correspondence. Darktrace's AI detected the spoofed IP address, alerting the security team and preventing potential operational disruption. Darktrace emphasizes the importance of AI in combating advanced email impersonation threats.

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Darktrace, a leader in cyber security AI, has secured a million-dollar deal with a US-based recruitment firm to safeguard its systems against cyber threats. The recruitment firm, which employs thousands across North America, will use Darktrace's Enterprise Immune System and Antigena to protect its digital infrastructure, including Azure cloud services. As recruitment firms face increasing cyber risks due to sensitive personal data management, Darktrace's innovative Self-Learning AI helps autonomously prevent threats while maintaining normal operations. This collaboration highlights Darktrace's growing influence in the cybersecurity sector.

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Darktrace announced that its autonomous response technology, Antigena, successfully thwarted a ransomware attack on Dordogne Groupements Hospitaliers de Territoire. The hospital group, using Darktrace's capabilities since 2021, faced a Ryuk ransomware attack two months post-deployment. Initially operating in 'human confirmation mode', the security team switched to 'active mode' to allow Antigena to autonomously act, preventing potential chaos in critical medical systems. CISO Vincent Genot stressed the need for rapid responses in today's cyber landscape, affirming Darktrace's innovative role in safeguarding healthcare.

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On April 5, 2022, Darktrace announced its Autonomous Response technology, Antigena, successfully thwarted a ransomware attack targeting a South African financial services company. During a trial of Darktrace AI, the technology identified unusual behavior within the company’s systems, revealing an ongoing attack using stolen credentials of 11 employees, including C-level executives. Darktrace's AI acted quickly, halting communications with the malicious server while maintaining regular operations. This incident highlights the importance of AI in cyber security to counteract sophisticated threats.

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Darktrace announced its integration with Zscaler, Okta, and Duo Security to enhance zero trust security frameworks. These API integrations will strengthen organizations' ability to detect and respond to cyber threats by feeding data into Darktrace's Self-Learning AI. The zero trust approach minimizes risk by limiting access to critical IT systems, yet the threat of cyber-attacks persists. Darktrace’s technology enables real-time identification and response to anomalies, thereby ensuring stronger protection against advanced cyber threats.

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On March 25, 2022, Darktrace announced its AI-powered email security solution, Antigena Email, successfully thwarted phishing attempts against a major manufacturing company in Brazil. The attacks involved four spoofed emails mimicking Apple, which were intercepted by Darktrace's AI, showcasing its capability to learn user behavior and detect anomalies. The organization, initially equipped with standard security tools, adopted Darktrace's technology for enhanced protection, activating Antigena Email to autonomously block malicious emails, thus averting a potential cyber crisis.

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Darktrace, a leader in cyber security AI based in Cambridge, has been selected by a prominent global venue management company to enhance its cyber defenses. The organization will implement Darktrace's Enterprise Immune System and Antigena Email across its operations to safeguard against sophisticated cyber-attacks, particularly during high-profile events. This partnership aims to ensure smooth operations and secure digital environments amidst increasing cyber threats targeting large-scale gatherings. Darktrace's Self-Learning technology is crucial for rapid threat containment and protecting sensitive data.

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Darktrace, a leader in cyber security AI, has announced the general availability of a significant update to its flagship platform on March 9, 2022. The update includes over 80 new features and 70 additional machine learning models, enhancing user experience and streamlining workflows for security teams. Key improvements involve a revamped UX/UI design, explainable AI for clearer decision-making, and enhanced autonomous response capabilities. The updates aim to empower security teams by allowing micro-decision-making through AI, ultimately enabling human analysts to focus on strategic decisions.

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FAQ

What is the current stock price of DARKTRACE PLC U/ADR (DRKTY)?

The current stock price of DARKTRACE PLC U/ADR (DRKTY) is $5.85 as of October 15, 2024.

What is the market cap of DARKTRACE PLC U/ADR (DRKTY)?

The market cap of DARKTRACE PLC U/ADR (DRKTY) is approximately 4.5B.

What is Darktrace Federal?

Darktrace Federal is a cybersecurity company focused on defending U.S. federal government customers from cyber disruptions.

What recent achievement did Darktrace Federal attain?

Darktrace Federal received a High Impact Level "In Process" designation from FedRAMP, allowing it to offer cloud-native cybersecurity solutions to federal agencies.

What products does Darktrace Federal offer?

Darktrace Federal provides Cyber AI Mission Defense™ and Cyber AI Email Protection™ products to combat cyber threats.

What is the significance of the FedRAMP designation for Darktrace Federal?

The FedRAMP designation enables Darktrace Federal to handle the U.S. federal government's Controlled Unclassified Information (CUI) in cloud environments.

How does Darktrace Federal use Self-Learning AI in its solutions?

Darktrace Federal utilizes Self-Learning AI to continuously learn and update its knowledge of cyber threats, optimizing cybersecurity for its customers.

What is the goal of Darktrace Federal?

Darktrace Federal aims to ensure mission resilience and protect critical infrastructure for U.S. federal government agencies.

Where can Darktrace Federal products be found?

Darktrace Federal products are available in the FedRAMP Marketplace.

What sets Darktrace Federal's email solution apart?

Darktrace's email solution has demonstrated the ability to detect novel email attacks up to 13 days earlier than other email security tools, providing advanced protection against email threats.

How does Darktrace Federal uplift human security teams?

Darktrace Federal's solutions are designed to uplift human security teams with AI-driven investigations and reports, increasing efficiency and productivity in cybersecurity operations.

What is the relationship between Darktrace Federal and Darktrace PLC?

Darktrace Federal is a subsidiary of Darktrace PLC, a global leader in cybersecurity artificial intelligence, with a focus on protecting customers from advanced cyber threats.
DARKTRACE PLC U/ADR

OTC:DRKTY

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4.51B
593.21M
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United States of America
Cambridge