Leading Billing and Payment Provider Billtrust Selects Darktrace

Enterprise Immune System Deployed at Premier Provider of Billing and Payment Solutions

San Francisco
Thursday August 25, 2016

Darktrace, the leader in Enterprise Immune System cyber technology, today announces that Billtrust has chosen to deploy its innovative, self-learning technology.

Based in Hamilton, New Jersey, Billtrust, the innovator of Payment Cycle Management solutions, selected Darktrace to monitor and defend its systems, including the sensitive banking information of 4.5 million users.

Following a thorough market review, Billtrust has deployed Darktrace’s Enterprise Immune System technology at the heart of its network to detect potential cyber-threats in real time. The company’s security team was immediately impressed by the easily-accessible visualization into the network, and the ability to deal with emerging anomalous activities, before they escalate.

Powered by machine learning and mathematics developed by specialists from the University of Cambridge, Darktrace works by modeling the behaviors of every device and user, as well as the network as a whole, building an understanding of the organization’s ‘pattern of life’. Unlike traditional defensive security tactics that rely on rules and signatures, Darktrace can identify novel, evolving threats, including insider threats, without any prior knowledge.

“When we first heard of Darktrace, we thought it was too good to be true,” commented Laura Whitt-Winyard, Director of Information Security at Billtrust. “However, the day it deployed, we saw immediate return on investment. Darktrace started mapping our network and understanding what was normal and what was not. In a rapidly-evolving threat landscape, the Enterprise Immune System is absolutely critical to detect new types of attacks and to visualize our network in real time.”

“We are thrilled to be working with Billtrust to help defend its customer information and network,” said Rob Sass, Darktrace Managing Director of North America. “We are in a new era of cyber-threats where all companies are at risk of infiltration. The Enterprise Immune System is the only technology that truly addresses this challenge, by evolving with our customer’s environments, and staying ahead of new cyber-threats from inside the network.”

About Darktrace

Named Info Security Products Guide's “Best Security Company of the Year” 2016, Darktrace is one of the world’s leading cyber threat defense companies. Its Enterprise Immune System technology detects and responds to previously unidentified threats, powered by machine learning and mathematics developed by specialists from the University of Cambridge. Without using rules or signatures, Darktrace is uniquely capable of understanding the ‘pattern of life’ of every device, user and network within an organization, and defends against evolving threats that bypass all other systems. Some of the world’s largest corporations rely on Darktrace’s self-learning technology in sectors including energy and utilities, financial services, telecommunications, healthcare, manufacturing, retail and transportation. Darktrace is headquartered in Cambridge, UK and San Francisco, with 20 global offices including Auckland, London, Milan, Mumbai, New York, Paris, Seoul, Singapore, Sydney, Tokyo, Toronto and Washington D.C.

About Billtrust

Billtrust accelerates cash flow by automating invoice delivery, invoice payment, and cash application. Companies can improve operational efficiency throughout the invoice-to-cash process with electronic invoicing and payments in a flexible, cloud-based solution. Finance executives and AR specialists love and recommend Billtrust payment cycle management solutions for the remarkable cost savings, ease-of-use, and improved customer satisfaction rates. Want to know what Billtrust can do for you? See how these clients achieved stellar results at http://www.billtrust.com/clients/testimonials/.