By Iain Gilbert
Date: Thursday 09 Feb 2023
LONDON (ShareCast) - (Sharecast News) - Cybersecurity firm Darktrace has closed its largest deal to date with a critical infrastructure organisation as part of an effort to get ahead of state-sponsored attacks and support digital transformation.
Darktrace said its PREVENT/OT artificial intelligence product promises to "think like an attacker" and visualise pathways within information technology and operational technology that can lead to critical infrastructure assets.
The FTSE 250-listed group has signed several new deals with critical infrastructure organisations across the globe in the last three months including new customers, renewals and expanded contracts within the critical infrastructure industry.
Financial terms of the deal were not disclosed.
"We are thrilled to have closed our largest deal to date with a major critical infrastructure organization," commented chief executive Poppy Gustafsson.
"Critical infrastructure is a top target for the world's most sophisticated and well-resourced cyber-attackers. Now with our PREVENT/OT product, defenders can prioritize and test the routes adversaries might take to get to the 'crown jewels'. Crucially, we can then harden defenses against that attack in advance of the worst happening. That is truly game changing in the ongoing battle for control of the world's critical infrastructure and I am delighted that Darktrace has continued to evolve its product family to address this global challenge."
As of 0835 GMT, Darktrace shares were up 4.98% at 254.68p.
Reporting by Iain Gilbert at Sharecast.com