Hussain . 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). She holds an MBA from Loyola University Maryland and a BA in Economics from the University of Maryland. Poppy has an excellent relationship with the UK. What is clear is that long after the complaint, Hussain was still able to call in favors. In his prelapsarian days, the Bangladesh-born Hussain earned an undergraduate degree in economics from Cambridge University in the 1980s before spending the early part of his career in various financial roles at British oil and gas giant LASMO. Yet, the proverbial pot of gold awaits Hussain at the end of any sentence the court may impose.. Mike Lynch, the tech entrepreneur once hailed as Britain's answer to Bill Gates, has lost an appeal against extradition to the US to answer criminal . Turn on account notifications to keep up with all new content. [30], Darktrace signed a partnership deal with McLaren Racing in 2020. Breaking banks teamed up with the creative finance team to create an episode that would bring some of the critical thinking that was presented at the conference. 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. Glenmorangie 10 yo 'The Original' (40%, OB, +/-2022) Fully matured in bourbon casks and currently at 29.99 at our nearest Leclerc supermarket. [13], There has been criticism about the company's technology and its founding investor by short-seller Matthew Earl, head of the Shadowfall fund, and analysts Peel Hunt. In her previous role, Carolyn spearheaded communications across Europe, the Middle East and East Asia for the Bill & Melinda Gates Foundation, the worlds largest private philanthropic organisation, working on global health and development issues. In my time here at Darktrace, Ive seen attackers try [to] use things like Teslas parked in the office car park, [internet-connected] fish tanks in casinos, and fingerprint scanners on the doors of warehouses, all as a sort of new and novel way into businesses.. Poppy is a qualified chartered accountant and previously served as the company's CFO. Hussain was also a lead fundraiser for the business, especially in the U.S., where he helped raise $65 million in a round led by New York-based private equity firm KKR in 2016. It really does feel like were in this new era of cybersecurity, says Gustafsson, the chief executive of Darktrace. offers FT membership to read for free. Gustafsson was called by the defense to offer written testimony and face cross-examination in Mike Lynchs civil fraud trial in the U.K. Poppy Gustafsson regrets the fact that she didnt devote more time to practicing piano when she was young. Name. While running a business, it is easy to spend your time looking forward to the next step and forgetting how far you have come. All rights reserved. The case discusses how Poppy Gustafsson (Gustafsson) (she), Cofounder and Chief Executive Officer of Darktrace plc, one of the world's largest cyber-AI companies, is reinventing enterprise security by using artificial intelligence (AI) to detect and respond to cyberthreats to businesses and protect the public. The U.S. government thinks so. [24], Darktrace was included in Fast Company's 50 Most Innovative Companies for 2018,[25] The Cyber Award's AI Product of the Year in 2020,[26] Time Magazine's 100 Most Influential Companies in 2021[27] and Fast Company's top 10 most innovative AI companies for 2022. Under her leadership, the company has experienced significant growth and global expansion, with 5,500 customers and 1,600 employees worldwide. Maxs insights are regularly featured in international media outlets such as the BBC, Forbes and WIRED. For a full comparison of Standard and Premium Digital, click here. Standard Digital includes access to a wealth of global news, analysis and expert opinion. [31] In 2021, the deal was extended to include McLaren's IndyCar team.[32]. Research unlocks the unknowns; it also helps shed light on what we are collectively up against. It was an office Hussain was familiar with, having worked closely with the sales team there, including Cheek, sources who were there at the time confirm. 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. 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. Darktrace was founded in 2013 in Cambridge, in a collaboration with the British intelligence agencies[5] and Invoke Capital, a company owned by Mike Lynch. [19] It employs an autonomous response technology, Antigena, to take action against in-progress cyber-attacks. Without any more guidance from Hussain, business, they say, has been booming. Leaning in and speaking with complete passion, she says: I find it absolutely fascinating that they will look back and the most antiquated piece of technology that they could possibly imagine is smartphones., Taking a moment to pour a last cup of tea, she adds: How exciting is that?, The Telegraph values your comments but kindly requests all posts are on topic, constructive and respectful. She has prior experience in financial controller positions in the technology and venture capital sectors and was named City A.M.s Entrepreneur of the Year 2017. There is no reasonwhy would you want to do that? Poppy is the CEO of Darktrace, which under her leadership has grown to 2,000 employees with over 40 offices around the world. Launched in Cambridge eight years ago by an unlikely alliance of mathematicians, former spies from GCHQ and the US and artificial intelligence (AI) experts . Biography Childhood. But, just a month after the drinks, Darktrace says it learned of a formal allegation of sexual harassment made against Hussain. They are now awaiting a verdict. Nicole identifies and shapes Darktraces strategic plan, leads the Companys AI vision together with our CTO, and provides product strategy and direction. He holds a BS in business administration from the University of Groningen, an MSc in international business from the University of Groningen, and an MSc in international finance from the CERAM Graduate School of Management & Technology. The Darktrace staffer alleged to have been inappropriately touched has since left the company and was unreachable for comment. journalists in 50+ countries covering politics, business, innovation, trends and more. When asked about Hussains holdings in Darktrace, the company repeatedly denies he has any stock. Appropriate for a math company, she is also a qualified chartered accountant. Does that mean Im getting old?. Together with Darktrace CTO Jack Stockdale, Poppy was awarded an OBE for services to cyber security in 2019. The Darktrace threat visualiser, providing a graphical visualisation of the spread of unusual activity from an infected device. "But I want to make sure they continue to feel a part of . Stephen Shanley joined KKR in 2014 and is head of KKRs Technology Growth Equity business in Europe. oppy Gustafsson runs a cutting-edge and gender-diverse cybersecurity firm on the. The Autonomy connection persists today; half of Darktraces board and six of its eight top executives are ex-Autonomy folks, which included Gustafsson (ex-corporate controller) and co-CEO Nicole Eagan (ex-chief marketing officer). This is a BETA experience. Indeed, in a letter written by Cheek to the judge in Hussains case, the American refers to Hussain as his dear friend, with whom he regularly went running, and goes so far as to compare him to Santa Claus. 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.. It could be a business competitor trying to gain some advantage. Mount Fuji (Photo: Blue Mountain - Reginald Pentinio / CC BY 2.0) Almost synonymous with Japan, the world-renowned Mount Fuji is a true natural treasure and icon of the country. Early on when I was at Darktrace I went to an event at the London Stock Exchange and there were 23 speakers. Darktrace Automates Network Security Through Machine Learning. His absence is a huge loss, not just to the business world, but to the many young men and women that are starting out in their professional careers that will no longer be able to access his generosity of experience, wrote Gustafsson. [22] Currently, Darktrace can cover Industrial Operational Technology, Email, SaaS, Cloud, Network, and Endpoint. Paul has held senior positions at several high growth, public technology companies in the UK and internationally. Lawyers for all three have professed their clients innocence. The result was to falsely overstate Autonomys revenue by as much as 20% over a period of several years, greatly inflating the amount HP paid for the company. Launched in Cambridge eight years ago by an unlikely alliance of mathematicians, former spies from GCHQ and the US and artificial intelligence (AI) experts, Darktrace provides protection, enabling businesses to stay one step ahead of increasingly smarter and dangerous hackers and viruses. Hussain was a man, ostensibly, destined for success, not a biblical fall from grace. 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. She then qualified as an accountant at Deloitte before working for Amadeus Capital, the venture capital firm run by ARM Holdings founder Hermann Hauser. Poppy Gustafsson OBE, Chief Executive Officer, Jack Stockdale OBE, Chief Technology Officer, Eloy Avila, Chief Technology Officer, Americas, Nicole Eagan, Chief Strategy Officer, AI Officer, Carolyn Esser, Chief Corporate Affairs Officer. 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. These parking meters had internet connections that someone hacked into and then connected the network to an adult content website. [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. With her extensive experience and education, she has been at the forefront of the instigating growth of this innovative, technology company. You see a lot of attacks where people are going into networks purely with the objective of using their processing power to harvest bitcoin. 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. Today, her team is fighting a war on many fronts and the threats that nations and companies face are complex and ever-changing. He kept the sales managers in check, adds another. Darktrace has made a name for itself by spotting . However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. They didnt even have screens to display this content and the person parking would never have known. But it hasnt been an easy ride. With over 20 years experience of software engineering, Jack is responsible for overseeing the development of Bayesian mathematical models and artificial intelligence algorithms that underpin Darktraces award-winning technology. They say Hussain was worth at least $60 million and likely much more, noting Lynch had bestowed on his old finance chief 193,188 shares of ICP Darktrace Holdings worth approximately $58 million and 215,000 shares of ICP Holdings that may be worth even more. (Hussains legal team disputes the valuation, saying the shares were effectively worthless because sales of them were severely restricted and the government itself has, by its threats and allegations, made it impossible for Mr. Hussain monetize his shares.) Hussain sold some of those ICP Darktrace Holdings shares to Lynch in 2018 and 2019 to pay legal fees and deposited $182,627 with the California Northern District Court to get bail, though he can expect them back as long as he doesnt flee the country. Darktrace experts weigh in on the cyber landscape, Flexible Deployment for the New Era of Email Security, Integrating Email Security to Build a Posture Greater Than the Sum of Its Parts. Cheek denies all allegations and insists the claims are fabricated. 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. The meal turned sour when Hussain asked inappropriate sexual questions of one female sales employee and touched the leg of another, the ex-employees recalled. [16] Quintessential pointed towards connections between Darktrace and HP Autonomy, the UK software company with which Darktrace shares many ties. Along the way, Gustafsson has breezed through investment pitches, securing some $230m, the most recent injection coming from Vitruvian Partners, with help from KKR and 1011 Ventures. Sales team members would also have to give Hussain mock pitches, as if they were trying to hawk Darktraces artificial intelligence software to a real customer. So embedded was Hussain in Darktraces culture that he appeared in amusing video skits designed to galvanize staff. He has been on the Board of Featurespace since November 2014, and prior to that, he joined Capita in 1988 and was first appointed to the Board as Commercial Director in February 1996. Prior roles also include financial controller positions in the technology. One round-up . [21] Since the company's inception in 2013, its technology has been deployed some 9,000 times. Poppy Gustafsson, co-CEO of Darktrace, is a qualified chartered accountant and former CFO of the cybersecurity firm. He would also ask staff from various offices for daily sales updates (something Darktrace disputes) and helped develop sales strategy, according to former employees, one of whom said that was the case up until at least mid-2017. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. When living in Germany, he was an active member of the Chaos Computer Club. Joining Darktrace at its early stages in 2014, Mike developed the cyber analyst operation that supports thousands of Darktrace customers with 24/7 support and since 2020 oversees Darktraces internal security program as Global CISO. [10], In April 2021, Darktrace listed on the London Stock Exchange with a market value of circa 2.5 billion. Earlier this week, Lynch submitted himself for arrest, in what his lawyers described as a formality in the extradition process. After attending Hinchingbrooke secondary school alumni include Oliver Cromwell and Samuel Pepys, and Wolf Hall author Hilary Mantel was patron of its 450th anniversary she took a maths degree at the University of Sheffield, where her first student job was building kitchen cabinets. 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. Its just an example of the ever-increasing problems. However, he remained on its advisory council until last month, when he moved to a newly created science and technology council. personalising content and ads, providing social media features and to What we dont know is what the attacks of the future are going to look like.. We are never going to be happy to be a company just following in the footsteps of others., Huge rise in hacking attacks on home workers during lockdown, Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk, Original reporting and incisive analysis, direct from the Guardian every morning, 2023 Guardian News & Media Limited or its affiliated companies. She oversees operations across the region, and she has been crucial to the swift growth that the 300-person company has experienced. The company was established in 2013 and is headquartered in Cambridge, England, and San Francisco, California, United States. Gustafsson has just been nominated for the New Generation prize at the Veuve Clicquot Business Woman awards. (modern). Achieving unicorn status in 2018, in 2020 Darktrace has offices across Europe, North America, the Middle East, Asia and Latin America. Poppy Gustafsson runs a cutting-edge and gender-diverse cybersecurity firm on the brink of a 3bn stock market debut, but she is happy to reference pop culture classic the Terminator to help describe what Darktrace actually does.. 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. Poppy is a co-founder of Darktrace, the worlds leading artificial intelligence company for cyber defence, which under her leadership has reached a $1.65 billion unicorn valuation in under five years, as well as being named Europes Fastest Growing Super Scale-up by Tech Tour. 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. In 2010, Mike merged his intelligence and technology experience to run cyber defensive operations for UK government, including working on the implementation of the national cyber security strategy and protecting the London 2012 Olympic Games. The shares then fell a further 8 per cent the following day, after the report was published, down to 200p. In 2020, James was shortlisted for The Lawyers General Counsel of the Year. He has a Law degree from St Catharines College, Cambridge and a Law Diploma from Nottingham Law School. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. And in the audience, only about 10pc were women. Han joined Summit Partners in 2004 and today manages the firms London office. Moreover, Poppy is a co-founder of the 3-year-old Darktrace, and she has previously served as the CFO of the company. 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. It could be foreign nation states trying to influence global outcomes such as weve seen around the US elections. Hussain,Lynch and current Darktrace co-CEO Eagan cofounded Invoke Capital, the venture capital company that helped get Darktrace off the ground. As the CFO and I paid the 15 to incorporate the company five-and-a-half years ago and it was my job to build a business around these brilliant but disparate groups of people.. Prior to joining KKR, Mr. Shanley was with Technology Crossover Ventures in Palo Alto, California and subsequently London. I thought, I never want to have an organisation where employees come along and they suddenly feel painfully aware that they are a man or woman or that their race is an issue - you just shouldnt be aware of it - you should just come in and do a good job. The culture in the California office was troubled, according to eight former Darktrace employees. Career. Poppy has worked as a corporate controller at Cambridge-based software company HP Autonomy and Invoke Capital from February 2013 to December 2014. Sir Peter is an elected Fellow of The Royal Academy of Engineering. She was the winner of the Veuve Clicquot Business Woman Awards 2019, and recognized in Management Todays 35 Women Under 35 list in 2018, whose alumnae include Martha Lane Fox and Karen Blackett. Patrick has a BA (Hons) in Archaeology & Geology from Bristol University and was also awarded an MSc (Econ) in Business Administration from London Business School. Poppy is a qualified chartered accountant and previously served as the companys CFO. They came together with some Mathematicians from the University of Cambridge who were coming from a particular machine learning group and they were able to translate that vision into the ones and noughts. This presents an opportunity for a foreign interruption. Poppy Gustafsson's Tweets. Poppy is a qualified chartered . He was convicted for his role in HPs cataclysmic acquisition of British data analytics company Autonomy for more than $10 billion in 2011. He currently sits on The Experiences Per Mile (EPM) Advisory Council, which brings together industry leaders to discuss the future of automotive and mobility industry. During one in 2017, after he had left the board, Hussain appeared as Morpheus, the Laurence Fishburne character from The Matrix who memorably said, Remember, all Im offering is the truth, three former employees confirmed. Poppy Gustafsson founded Darktrace, a UK startup that uses artificial intelligence to address cybersecurity issues, with a team of mathematicians, technology specialists, and former intelligence agents. In fact, she accompanied the UK Prime Minister Theresa May, to India on a trade mission recently. 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. Crime can never pay. 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. Mike has spent 18 years working in technology, security and risk operations. In this modernized era, everyone is a target for cyber-attackers. Gustafsson, whose choice of transport is a canary yellow Vespa and has said her one regret is not putting more time into learning the piano, is laser-focused on ensuring Darktrace has a legacy all its own. 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. While Gustafsson is likely to be worth at least 20m from the flotation of the business, which has almost 5,000 customers ranging from the NHS to Coca-Cola, she has also become something of a gender diversity champion in the male-dominated tech world. Darktrace, while it wont provide specifics, confirms Hussain was heavily involved in helping it secure funds.
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