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UNCOVERED: Darktrace - Caught on Camera

Exclusive: Geordie AI, cybersecurity company for AI agents, raises $30 million Series A

Balderton Capital leads funding for London-based startup from Darktrace and Snyk vets taking on AI agent governance offerings from Microsoft, ServiceNow, and OpenAI

Fortune

'Infrastructure rotates and payloads can change, but the execution model persists': Chinese hackers return to target victims across Asia with new MustangPanda threat

Researchers spotted an updated version of the FDMTP backdoor being deployed through DLL sideloading.

TechRadar

US workers think they're pretty good at spotting phishing emails - but the reality is quite different

Training is one thing - but many workers many fail to spot the difference when it comes to phishing scams.

TechRadar

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‘Black Fraud Day’: shoppers warned over Black Friday scams

Experts say to avoid unrealistic prices or requests for bank transfers, as AI makes it hard to tell real from fake sites

The Guardian - UK

Notorious Chinese hacking group Salt Typhoon found lurking in European comms networks

Salt Typhoon has its sights set on European Telecoms firm.

TechRadar

Poppy Gustafsson ‘set to resign’ as investment minister

The former chief executive of cyber security firm Darktrace was appointed to the role in government in October last year.

Evening Standard

AI-powered cyber threats are becoming the biggest worry for businesses everywhere

Businesses are increasingly worried about AI use in cyberattacks but they're also learning how to defend.

TechRadar

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FTSE 100 gains 6% in 2024 despite ‘lack of enthusiasm’ for UK stock markets

A ‘lack of enthusiasm’ for London’s top stock market index nevertheless meant it lagged behind its US rival for another year, experts said.

Evening Standard

Royal Mail takeover and Carlsberg’s swoop on Britvic in year of mega deals

UK equities have been firmly in the crosshair of foreign suitors and private equity buyout specialists throughout 2024.

Evening Standard

Ex-cybersecurity boss joins red benches to become investment minister

Baroness Poppy Gustafsson co-founded Darktrace in 2013.

Evening Standard

The Standard 100: People shaping London in business, tech and money

John Boumphrey, Poppy Gustafsson and Mustafa Suleyman are among the top hundred people shaping the capital in 2024

Evening Standard

Insight Partners has paid out nearly $8 billion this year—but returns for its giant 2021 fund have mostly come up dry

The lack of distributions is leading to a rise in continuation funds in private equity

Fortune

Fury as Keir Starmer appoints another peer to fill Government post

KEIR Starmer has been slammed for appointing another new peer to fill a Government post – despite previous pledges to abolish the House of Lords.

The National (Scotland)

Ex-Darktrace CEO Poppy Gustafsson appointed UK investment minister

Co-founder of £4bn British tech firm to lead Office for Investment as a minister in Treasury and Department of Business and Trade

The Guardian - UK

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Fortune

Thoma Bravo closes $5.3bn Darktrace acquisition

Co-founder and former Mike Lynch protégé Poppy Gustafsson stepped down as CEO weeks before the acquisition closed.

International Business Times

5 Ways To Use Automation For Enhanced Cybersecurity

Automation is a critical pillar for any effective cybersecurity toolkit, bringing new capabilities that contribute to improved protection, with faster response times and fewer errors than human teams are capable of on their own.

Fortune

Lost jewels and top-secret data potentially sit in the sunken wreck of a $40 million superyacht

Mike Lynch’s mistrust of the cloud means that there might be secret information off the coast of Italy.

International Business Times UK

American Wife Of Mike Lynch, Angela Bacares, 'Struggling With Survivors Guilt' As Bodies Of Mike and Hannah Lynch Arrive In England Via Private Jet

Despite her grief, Angela Bacares remains resilient, grappling with potential legal battles over her husband's estate and maintaining her business.

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The Guardian - US

Sicily: fear of foreign actors prompts security request for wreck of luxury yacht

Officials concerned about sensitive hard drives of tech mogul Mike Lynch, who died in sinking of Bayesian

Fortune

Mike Lynch's sunken yacht may hold highly classified information that Russia and China would want

Two watertight safes onboard the yacht may have super-encrypted hard drives that contain classified information like passcodes, sources told CNN.

Fortune

Former Mike Lynch protégé Poppy Gustafsson suddenly steps down as Darktrace CEO

Darktrace announced cofounder Gustafsson, who worked for Mike Lynch at Autonomy, would be stepping down with immediate effect.

Evening Standard

Darktrace CEO out as takeover deal confirmed

POPPY Gustafsson is quitting Darktrace with immediate effect just ahead of a £4.3 billion takeover of the business by US private equity firm Thoma Bravo.

The Guardian - UK

Poppy Gustafsson to leave Darktrace after sale to US private equity firm

Co-founder of British cybersecurity company says ‘now is the right time to hand over the reins’, to Jill Popelka

The Guardian - UK

Telegram to shake-up features; markets slide after US job creation misses forecasts – as it happened

Telegram boss Pavel Durov announces a new approach towards moderating content and will remove some features that had been abused for illegal activity.

Fortune

HP stuck 'on the horns of a dilemma' as it mulls chasing Mike Lynch's family for $4bn

Hewlett Packard risks causing a PR storm for very little in return if it goes ahead with plans to win money back for its disastrous Autonomy deal.

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