Darktrace Jumps 40% on IPO
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Darktrace Jumps 40% on IPO
1–10 of 19 posts
Re: Darktrace Jumps 40% on IPO
#2We evaluated them and I was not overly impressed.
It seems like their target market is mid-level executives that can be dazzled by fancy marketing.
It doesn't seem like a bad product, just overly expensive, with largely the same pros and cons as similar vendors.
Anyone have any experience with the product in operation, and would you onboard them again if you had to do it all over again?
Re: Darktrace Jumps 40% on IPO
#3Their product is a basic IDS with loads of marketing materials that claim to be driven by AI. Instead of calling it an IDS, they call it an immune system, because the people making purchasing decisions need an ELI5.
It's a frothy market we're having, isn't it?
Re: Darktrace Jumps 40% on IPO
#4We evaluated them and I was not overly impressed. It seems like their target market is mid-level executives that can be dazzled by fancy marketing. It doesn't seem like a bad product, just overly expensive, with largely the same pros and cons as similar vendors. Anyone have any experience with the product in operation, and would you onboard them again if you had to do it all over again?
I'd be curious to hear about your experience and anyone else's using similar products — rustam@cloudflare if you want to chat. We're building out intrusion detection functionality and want to make sure we have more pros and fewer cons than the competition :)
Re: Darktrace Jumps 40% on IPO
#5Their product is a basic IDS with loads of marketing materials that claim to be driven by AI. Instead of calling it an IDS, they call it an immune system, because the people making purchasing decisions need an ELI5. It's a frothy market we're having, isn't it?
Isn't most companies "value" all based on perception anyways? Especially when about to IPO.
Re: Darktrace Jumps 40% on IPO
#6Their product is a basic IDS with loads of marketing materials that claim to be driven by AI. Instead of calling it an IDS, they call it an immune system, because the people making purchasing decisions need an ELI5. It's a frothy market we're having, isn't it?
Isn't most companies "value" all based on perception anyways? Especially when about to IPO.
The value of the company, sure. But it’s not a good sign if the product itself is based on deceiving management. It’s not very sustainable long term.
Re: Darktrace Jumps 40% on IPO
#7Earlier quoted context omitted.
Isn't most companies "value" all based on perception anyways? Especially when about to IPO.
The value of the company, sure. But it’s not a good sign if the product itself is based on deceiving management. It’s not very sustainable long term.
One of the Darktrace board members sold a lemon (Autonomy) to HP and is appealing a substantial fine and prison time.
https://www.forbes.com/sites/thomasbrewster/2020/02/06/skele...
Re: Darktrace Jumps 40% on IPO
#8We evaluated them and I was not overly impressed. It seems like their target market is mid-level executives that can be dazzled by fancy marketing. It doesn't seem like a bad product, just overly expensive, with largely the same pros and cons as similar vendors. Anyone have any experience with the product in operation, and would you onboard them again if you had to do it all over again?
> It seems like their target market is mid-level executives that can be dazzled by fancy marketing.
Sounds like a pretty sizeable TAM
Re: Darktrace Jumps 40% on IPO
#9We evaluated them and I was not overly impressed. It seems like their target market is mid-level executives that can be dazzled by fancy marketing. It doesn't seem like a bad product, just overly expensive, with largely the same pros and cons as similar vendors. Anyone have any experience with the product in operation, and would you onboard them again if you had to do it all over again?
We inherited them a while back. We also just started the decom process. I would say that all in, its just a glorified ELK stack (the advanced search is a Kibana frontend). They tout their advanced AI/ML/Maths/etc. that is supposed to be the golden ticket to all things security. It is not that at all. We tried and tried to get it to a useful state, even with the help of their engineers, and the tool just couldn't get anything that we didn't already have from our other sources (FW, endpoint, etc.). You can't ingest from other sources so it's not really a SIEM even if they tell you they can. You can't to TLS intercept so you get to rely on IP reputation only. You can't use the dashboard "developed by video game designer" because it's so dang heavy and the graphics come before functionality. I guess I will stop my rant there as its a bit all over the place. TLDR; not a good tool for what you are paying for (or maybe at all). It is perfect for checking a compliance box though, so there is that?
Re: Darktrace Jumps 40% on IPO
#10>>that uses behavioural analysis to detect the early signs of a cyberattack on a network
Have these guys filed for any patents?
It’s my belief that if you want to make the cut in the InfoSec business, you gotta bring some core offering of your own to the table.
For ex - some groundbreaking algorithm that will help them detect early stages of an attack.