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Samsung SDS invests in Draktrace, Blocko

Thursday 14 July 2016 00:11 CET | News

Samsung SDS, the IT service affiliate of Samsung Electronics, has announced investment in UK-based cybersecurity company Darktrace and blockchain platform maker Blocko.

Darktraces technology will be applied to its security business while Blockos will be used for emerging Internet of Things (IoT) businesses. It will continue to look for investment opportunities in artificial intelligence, analytics, and IoT going forward.

UK startup Darktrace has solutions that use machine learning technology to detect and respond to cybersecurity threats from insider attacks, ransomeware, and machine-based attacks to unknown threat scenarios.

Blocko has its own blockchain or distributed digital ledger platform being supplied to Korea-based companies.


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Keywords: cybersecurity, blockchain, internet of things, artificial intelligence, machine learning, Samsung SDS, Draktrace, Blocko
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime