Advancing UK Aerospace, Defence, Security & Space Solutions Worldwide

Security

Darktrace acquires Cybersprint

Darktrace announced today that it has entered into a definitive agreement to acquire the entire issued share capital of Cybersprint B.V., an attack surface management company that provides continuous, real-time insights from an outside-in perspective to eliminate blind spots and detect risks.

Above: Poppy Gustafsson OBE, CEO, Darktrace.
Courtesy Darktrace

The acquisition of Cybersprint is aligned with Darktrace's vision of delivering a 'Continuous Cyber AI Loop' and complements its Self-Learning technology and inside-out view.

Darktrace is acquiring Cybersprint for €47.5 million ($53.7 million) to be paid approximately 75% in cash and 25% in equity, valuing the transaction at approximately 12.5 times Cybersprint's annual recurring revenue (ARR). With an expected completion date of on or around 1 March 2022, Cybersprint's results of operations are not expected to be material to Darktrace's results for the remainder of FY 2022.

Advertisement
Farsound RT 2

Cybersprint's attack surface management data can enrich existing Darktrace Detect and Respond products with external vulnerability data and accelerate the company's market entry into new areas like proactive AI cyber security. For example, this capability will be introduced as a new module in the Prevent product family, feeding organisation-specific web data to Darktrace's Attack Path Modeling technology. See additional information on Darktrace's Prevent Product suite and Attack Path Modeling technology here.

Through this acquisition, Darktrace gains a second European R&D Centre in The Hague, Netherlands, joining forces with its world-class, Cambridge-based mathematicians and software engineers. Cybersprint's employees bring a deep understanding of how to continuously model real-time internet data as well as ethical hacking expertise.

Advertisement
Farsound RT Brain

"We are very excited to welcome the Cybersprint team to Darktrace. Bringing inside-out and outside-in visibility together is critical and having access to the robust, rich, real-time external dataset combined with Darktrace's Self-Learning AI means that customers get a holistic view of prioritised cyber risks to harden the parts of their organisation that are most vulnerable. With this acquisition, we are able to leverage Cybersprint's seven years of R&D to accelerate our Prevent product family, ultimately making it much harder for cyber-attackers to carry out successful missions," said Poppy Gustafsson, CEO, Darktrace.

"I'm very excited about this fantastic step in the journey of Cybersprint. We are passionate about automating manual tasks in cybersecurity from an outside perspective. We believe attackers never sleep and operate without scope. When we began conversations with Darktrace, we felt an instant connection on vision, culture and technology. That's why we are looking forward to joining Darktrace and working together to accelerate state-of-the-art innovations to make organisations more cyber secure," commented Pieter Jansen, CEO, Cybersprint.

Advertisement
General Atomics LB
Serco hands back HMP Kilmarnock to the Scottish Prison Service

Security

Serco hands back HMP Kilmarnock to the Scottish Prison Service

26 March 2024

After 25 years of running the most cost-effective prison in Scotland, Serco is saying farewell to HMP Kilmarnock and handing it back to the Scottish Prison Service.

C3IA Solutions strengthens commitment to British Armed Forces

Defence Security

C3IA Solutions strengthens commitment to British Armed Forces

26 March 2024

Dorset cyber security company C3IA Solutions has re-signed the Armed Forces Covenant in a ceremony at Blandford Camp.

Ultra I&C opens Cyber Centre of Excellence in Maidenhead

Defence Security Events

Ultra I&C opens Cyber Centre of Excellence in Maidenhead

22 March 2024

Ultra Intelligence & Communications (Ultra I&C) has celebrated the official opening of its flagship facility in Maidenhead, UK, marking a major milestone in the company’s ongoing expansion and development.

HENSOLDT UK gains Manta NEO X Type Approval

Security

HENSOLDT UK gains Manta NEO X Type Approval

22 March 2024

Sensor solutions provider HENSOLDT UK announces the successful completion of Type Approval for its latest Manta NEO X band radar system, designed specifically for the commercial shipping market.

Advertisement
Farsound RT Brain
New SIA non-executive director appointed

Security

New SIA non-executive director appointed

19 March 2024

The UK Minister for Safeguarding has appointed a new non-executive director to the Board of the Security Industry Authority (SIA), the regulator of the UK’s private security industry.

AI leaves 87% of UK organisations vulnerable to cyberattacks

Security

AI leaves 87% of UK organisations vulnerable to cyberattacks

18 March 2024

According to a new report released today by Microsoft in collaboration with Dr Chris Brauer at Goldsmiths, University of London, 87% of UK organisations are vulnerable to cyberattacks in the age of AI.

Advertisement
ODU RT