AI deal to generate €1m for Typetec

Typetec’s new partnership with Darktrace, a global leader in AI for cyber security is expected to generate €1m in revenue in the first year.

Through this strategic partnership, Typetec will deliver a self-learning artificial intelligence (AI) solution that detects and autonomously responds to cyber threats.

Darktrace’s technology protects over 5,000 businesses worldwide from advanced threats including ransomware, cloud, and software-as-a-service (SaaS) attacks.

“We can be in little doubt that we have entered a new era of cyber threats”

“With cyber-attacks becoming increasingly prevalent and sophisticated in Ireland, we wanted to partner with a global leader that could provide us with the most advanced cybersecurity solutions available,” Ken Tormey, chief revenue officer at Typtec said.

“Darktrace ticked all the boxes, and its self-learning AI technology enables us to provide even higher levels of real-time protection for both known and unknown threats as they emerge. In this era of remote and hybrid working, this new partnership will further strengthen our cybersecurity capabilities and deliver further protection and reassurance to our growing customer base.”

Self-learning AI

Described as a fundamental shift in cyber security protection, self-learning AI learns on the job from real-time data rather than using large volumes of historical data.

Integrating with Typetec’s proactive cyber security service, this solution can now identify and stop zero-day attacks reassuring Irish businesses of the highest levels of protection.

“We can be in little doubt that we have entered a new era of cyber-threats and this partnership will be crucial in empowering organisations across Ireland to interrupt attacks with self-learning, autonomous response technology and minimise business disruption,” said Francesca Bowen, global head of Partnerships at Darktrace.

Main image at top: Ken Tormey, chief revenue officer at Typtec