Mike Lynch loses Darktrace board seat amid lawsuit controversy April 10, 2024 An analysis of the Darktrace shareholder register reveals that the Invoke’s holding has fallen below the level needed to appoint a director.
Darktrace reports jump in revenue and notes growing cyber threats from AI March 7, 2024 For the six months to the end of December, the company recorded revenue of $330.3m (£259m) and a gross profit margin of 89.3 per cent.
Take down of Lockbit won’t stop the hackers, warn security experts February 21, 2024 Cybersecurity experts have warned that hackers could swiftly bounce back from a UK-led operation to take down ransomware group Lockbit.
Another UK snub: Cambridge spin-out eyes New York IPO as unicorn status beckons January 29, 2024 Life sciences startup Nuclera has said it is eyeing up a public listing in New York in the next five years as it approaches unicorn status.
Mind the cyber skills gap – or the UK will fall short of its tech potential January 26, 2024 The UK is being held back by a rapidly growing skills gap in two disciplines: AI and cybersecurity.
Darktrace reports strong revenue growth as investment in customer service pays off January 11, 2024 Cyber security company Darktrace has today reported a 24.3 per cent increase in annualised recurring revenue for the six months to 31 December 2023
What are AI experts predicting 2024 will bring? December 20, 2023 According to leading industry mavens, 2024 is slated to be a year defined by the rapid expansion of AI across multiple sectors.
Investors express concern about Mike Lynch’s influence at Darktrace December 8, 2023 At Darktrace's annual meeting, 56.67 per cent of shareholders voted against the election of Patrick Jacob as a non-executive director.
Shadowfall hedge fund turns against Darktrace November 19, 2023 The fund, led by ‘dark destroyer’ Matthew Earl, has shorted 0.52 per cent of Darktrace’s stock, worth around £12.8mn.
Darktrace holds forecasts as cybersecurity business picks up October 12, 2023 British cybersecurity company Darktrace has expressed confidence in its full year outlook as new customer additions pull up revenues.