Story image

Darktrace continues push in South Africa after signing on major clients

31 Jul 2017

Darktrace is continuing its journey into the South African cybersecurity market, celebrating an ‘exponential’ increase in total contract value in the region.

South African firm Cliffe Dekker Hofmeyr, management group Massmark and retailer Lewis Group are three customers that are now using Darktrace Enterprise Immune System technology.

Airlink, a major regional airline, was Darktrace’s first customer, and Darktrace managing director or EMEA, Nick Trim says, “We are thrilled that so many companies in South Africa are deploying the Enterprise Immune System”.

“The threat has evolved. It’s now too stealthy and fast-moving for human security teams alone to be able to successfully fight against it. Darktrace’s AI technology is uniquely capable of autonomously fighting back against in-progress cyber-threats, buying the security team precious time to catch up.”

Darktrace uses machine learning and probabilistic mathematics to detect and autonomously respond to emerging cyber attacks.

So far the company’s technology has been deployed in 3000 organisations worldwide.

Cliffe Dekker Hofmeyr's head of IT Ralph Hopkins says the company chose Darktrace because he believes the company is leading the way in fighting threats within organizations’ networks.

“While there is no silver bullet to the challenge of cyber security, the future belongs to machine learning and AI. Darktrace’s Enterprise Immune System impressed us with its ability to self-learn our network and apply that self-acquired knowledge to detect threats as and when they emerge,” he adds.

Massmart Executive IT shared services, Peter Alberts, says that it’s not a matter of if, but when a threat gets inside a network.

“Now, we can be confident that we will be alerted to emerging attacks in real time, before they have inflicted damage,” he adds.

Earlier this year the company announced that its total worldwide contract value reached more than $150 million.

The Wall Street Journal lauded Darktrace as an emerging leader in June – the only cybersecurity vendor on the ‘Top 25 Companies to Watch’ list. In July, Ovum also declared that Darktrace is now a ‘market leader’ in the cybersecurity space

“Darktrace’s core technology now works across all enterprise infrastructure scenarios, spanning on-premises physical and virtual, as well as cloud environments in both the infrastructure-as-a-service and software-as-a-service modes,” comment Ovum’s Rik Turner and Mike Sapien.

“The incorporation of unsupervised, supervised, and deep learning into its product offering puts Darktrace well ahead of the game and makes it a compelling candidate for any enterprise’s cybersecurity tooling plans going forward.”

Avi Networks: Using visibility to build trust
Visibility, also referred to as observability, is a core tenet of modern application architectures for basic operation, not just for security.
Privacy: The real cost of “free” mobile apps
Sales of location targeted advertising, based on location data provided by apps, is set to reach $30 billion by 2020.
Myth-busting assumptions about identity governance - SailPoint
The identity governance space has evolved and matured over the past 10 years, changing with the world around it.
Forrester names Crowdstrike leader in incident response
The report provides an in-depth evaluation of the top 15 IR service providers across 11 criteria.
Slack doubles down on enterprise key management
EKM adds an extra layer of protection so customers can share conversations, files, and data while still meeting their own risk mitigation requirements.
Security professionals want to return fire – Venafi
Seventy-two percent of professionals surveyed believe nation-states have the right to ‘hack back’ cybercriminals.
Alcatraz AI to replace corporate badges with AI security
The Palo Alto-based startup supposedly leverages facial recognition, 3D sensing, and machine learning to enable secure access control.
Unencrypted Gearbest database leaves over 1.5mil shoppers’ records exposed
Depending on the countries and information requirements, the data could give hackers access to online government portals, banking apps, and health insurance records.