Home Cyber Darktrace wins Lloyds Bank National Business Award for Artificial Intelligence

Darktrace wins Lloyds Bank National Business Award for Artificial Intelligence

by Brian Sims

Darktrace, the specialist in cyber security solutions that use Artificial Intelligence to protect corporate computer networks from cyber attacks, has won the prestigious Artificial Intelligence Business of the Year category at the Lloyds Bank National Business Awards 2019.

The award recognises Darktrace’s commitment to creating innovative technology that provides companies around the world with the ability to detect cyber threats, fight back in seconds and protect critical business data. Since being established in 2013, Darktrace has paved the way with innovation in Artificial Intelligence and ensures the UK remains at the cutting-edge of the technology’s evolution.

Darktrace impressed the Judges with the demonstration of a security deployment at a large US municipality. The company discovered and stopped attackers from exploiting a critical misconfiguration. Had Darktrace not identified and stopped the attack before damage could be done, the criminals would have gained access to the personal data of thousands of citizens.

Poppy Gustafsson, CEO at Darktrace, said: “To develop Artificial Intelligence that actually works in the real world is no easy feat. Darktrace is the most prominent example of Artificial Intelligence in the enterprise and it’s an honour to receive this award in recognition of that engineering innovation, which is relied upon by thousands of organisations worldwide to help them automatically fight back against cyber attacks.”

The Judges commented: “Staying a step ahead of cyber criminals is critical towards ensuring that systems are resilient to attack. Darktrace clearly demonstrated how the implementation of Artificial Intelligence has improved business infrastructure and is combating future cyber attacks. Congratulations to the whole team on this well-deserved win.”

Judges for this category in 2019 included Alex Boast (advocacy and propositions lead at Experian) and Miles Nolan (associate director at IFC Advisory).

Now in its 18th year, the Lloyds Bank National Business Awards was attended by 1,200 business leaders, entrepreneurs and politicians. The awards ceremony offers a unique opportunity to network, exchange ideas and celebrate with the UK’s top business leaders.

*For more information on the Lloyds Bank National Business Awards visit: www.nationalbusinessawards.co.uk/

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