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Share Price Information for Darktrace (DARK)

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Share Price: 587.20
Bid: 587.00
Ask: 588.00
Change: 0.20 (0.03%)
Spread: 1.00 (0.17%)
Open: 587.00
High: 589.20
Low: 587.00
Prev. Close: 587.00
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Darktrace launches new AI risk models to protect customer data privacy

Mon, 12th Jun 2023 08:06

(Alliance News) - Darktrace PLC said on Monday that it was launching new artificial intelligence risk and compliance models to address the threat of intellectual property loss and data leakage.

The Cambridge, England-based artificial intelligence cybersecurity developer said these models for Darktrace Detect and Respond will make it easier for its 8,400 customers to respond to activity and protect their IP.

These models will be helpful for chief information security officers to balance the opportunity and risk of accidental IP loss and data leakage that could stem from the use of AI and large language models, the company said.

"Recent advances in generative AI and LLMs are an important addition to the growing arsenal of AI techniques that will transform cyber security," said Chief Technology Officer Jack Stockdale.

"But they are not one-size-fits-all and must be applied with guardrails to the right use cases and challenges."

Chief Executive Officer Poppy Gustafsson said: "Darktrace is in the business of providing security personalised to an organisation, and it is no surprise we are already seeing the early signs of CISOs leveraging our technology to enforce their specific compliance policies."

"Society should be able to take advantage of these incredible new tools for good, but also to be equipped to stay one step ahead of attackers in the emerging age of defensive AI tools versus offensive AI attacks."

Shares in Darktrace were up 0.9% at 288.70 pence in London on Monday morning.

By Will Neill, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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