Samsung SDS Signs Partnership Agreement With Darktrace

The Companies Will Develop Cyber Solutions For The Internet Of Things

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Aug 23, 2016, 08:30 ET

SAN FRANCISCO and CAMBRIDGE, England, Aug. 23, 2016 /PRNewswire/ -- Darktrace, a provider of enterprise cyber threat defense software, announced today that Samsung SDS, the global IT services company part of Samsung Group, has become a regional partner. This follows the company's recent investment in Darktrace. In addition to being a reseller and distributor of Darktrace's Enterprise Immune System technology, the two companies will work together to develop cyber security solutions for Internet of Things technologies, including connected devices.

Samsung SDS's agreement with Darktrace strengthens the relationship between the two companies and will speed up the rollout of Darktrace's Enterprise Immune System technology. Cyber security threats are on the rise globally, and as attacks become more sophisticated, it is obvious that legacy approaches to the problem aren't working. Darktrace uses advanced mathematics and has adopted a machine learning approach based on the human immune system to meet the challenge of detecting cyber threats before they can have a crippling effect.

Named 'Best Security Company of the Year' 2016, Darktrace is capable of identifying new, emerging threats within computer networks in real time including insider attacks, ransomware, machine-based attacks, and unknown threat scenarios.

Nicole Eagan, CEO of Darktrace, commented: "Samsung is one of the world's leading technology companies, and we are thrilled to be collaborating with them on developing an approach to securing next-generation technologies such as connected devices. As we seek to extend our presence in Asia, Samsung's support will be valuable."

Sung Won Han, Vice President Samsung SDS Cyber Security, added: "Darktrace's immune system approach to the ever-increasing challenge of cyber security stands out and provides an opportunity for Samsung SDS to introduce a new solution to customers. We look forward to a long and fruitful relationship as we explore new collaborations."

Mark Lippert, United States Ambassador to the Republic of Korea said, "Cyber security is an important topic for the United States and the Republic of Korea. It is critical that our two industries continue to cooperate closely to deploy the best technology and know-how to cope with fast-evolving cyber threats."

Founded in 2013, Darktrace has grown rapidly to 300 employees and has achieved over 600% revenue growth in its latest financial year. With over 1,200 customer deployments, Darktrace's Enterprise Immune System has been selected by some of the largest and most sensitive cyber security environments, including global financial institutions, telecommunications networks, legal firms, retailers, technology companies, government organizations, and critical national infrastructure facilities. Darktrace's innovative technology has led the company to be named a Technology Pioneer by the World Economic Forum and a Winner of the Queen's Award for Enterprise in Innovation.

About Darktrace
Winner of the Queen's Award for Enterprise in Innovation 2016, Darktrace is one of the world's leading cyber threat defense companies. Its Enterprise Immune System technology detects and responds to previously unidentified threats, powered by machine learning and mathematics developed by specialists from the University of Cambridge. Without using rules or signatures, Darktrace is uniquely capable of understanding the 'pattern of life' of every device, user and network within an organization, and defends against evolving threats that bypass all other systems. Some of the world's largest corporations rely on Darktrace's self-learning technology in sectors including energy and utilities, financial services, telecommunications, healthcare, manufacturing, retail and transportation. Darktrace is headquartered in Cambridge, UK and San Francisco, with global offices including New York, Auckland, London, Milan, Mumbai, Paris, Singapore, Sydney, Tokyo, Toronto and Washington D.C.

About Samsung SDS
Samsung SDS is a global IT service company that led Korea's IT industry for over 30 years since its establishment in 1985. We have paved the way for the growth and development of clients through innovation utilizing information technology in data processing operations, system integration, IT services and current ICT services. Samsung SDS is also the engine to Samsung group's growth into a global enterprise as the sole ICT services and solutions provider, conducting major projects including system operation, consulting, system integration, IT outsourcing and ICT infrastructure for all Samsung Group affiliates.

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SOURCE Darktrace