Ballintrae and Darktrace Partner to Step Up the Battle Against Cyber Attacks

Wednesday June 11, 2014

Ballintrae today announces a partnership agreement with Darktrace, the pioneering cyber-security business formed by world-class Cambridge mathematicians and former executives of UK cyber defence intelligence services. Both external and internal cyber threats are becoming increasingly sophisticated and complex. Many attacks are now designed to hide and evolve within a system, and financial services companies face the risk of not only data loss but also damage to data integrity.

The partnership will enhance Ballintrae's ability to help its many financial services clients maintain a significant edge in their battle against such threats. Darktrace's unique and ground-breaking Enterprise Immune System technology is gaining broad and swift recognition in cyber security circles. The technology offers the differentiated capability to identify network and security threats before they cause damage to the enterprise.

Steve Street of Ballintrae said, "Ever increasing amounts of time and money are being spent on IT security in order to better protect networks and data from being compromised. As technology advances, threats have also become more sophisticated. Historically, enterprises have fought this constant battle from a defensive position, responding to new attacks after they have been identified. This approach meant that threats were able to adversely impact systems, data integrity, compliance positioning and brand before action was taken. Darktrace Cyber Intelligence Platform enables organisations to get ahead of this evolving threat curve through behavioural analysis. The solution allows identification and mitigation of emerging threats as they begin to manifest themselves within the network. Our partnership will place our clients in the position to address risks before major damage is done."

Andrew France, CEO of Darktrace said, "Darktrace brings a fundamentally new approach to the cyber challenge, based on best-in-class machine learning and mathematics developed at the University of Cambridge. Our mission is to enable clients to identify, mitigate and remove risk both in real time and ahead of time. I've no doubt that our partnership with Ballintrae, a highly respected IT security and services consultancy in the financial services market, will accelerate adoption of our Enterprise Immune System technology within the community. We look forward to a long and successful business relationship."

About Ballintrae

Ballintrae is a specialist consultancy focusing on the provision of innovative IT services to the financial services industry. Focusing on three key areas within IT infrastructure: Market Data Services, IT Security and IT Infrastructure, they work in partnership with their clients to shape and deliver change that has a lasting and positive impact.

About Darktrace

Darktrace is a world leader in Enterprise Immune System technology, a new category of cyber defense solutions based on pioneering Bayesian mathematics developed at the University of Cambridge. Darktrace addresses the challenge of insider threat and advanced cyber-attacks through its unique ability to detect previously unidentified threats in real time, as manifested in the emerging behaviors of the network, devices and individuals. Some of the world's largest organizations rely on Darktrace's probabilistic, self-learning platform to spot anomalous activity within the enterprise, in sectors including energy and utilities, financial services, telecommunications, retail and transportation. Darktrace was founded by world-class machine learning specialists and operational government intelligence experts. The company is headquartered in Cambridge, UK, with offices in London, Milan, New York, Paris, San Francisco and Washington D.C.