Innovation funding for cyber security firms

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Almost £1m in funding has been awarded by The Defence and Security Accelerator (DASA) to further develop technology that predicts and counters cyber-attacks.

Three lead organisations, in collaboration with three additional organisations, have been awarded funding in Phase 2 of the DASA Predictive Cyber Analytics competition.

This work will develop, adapt and merge the novel approaches explored in Phase 1 of the competition, to proactively defend deployed UK military systems and networks from the rapidly growing threat of offensive cyber action from aggressive adversaries.

The organisations being funded are:

Bristol-based RiskAware is awarded about £450,000 in collaboration with the University of Southampton; Vauxhall-based decisionLab is awarded nearly £240,000 in collaboration with DIEM Analytics and Actica; and Gloucestershire-based Montvieux Ltd is awarded nearly £250,000

Project manager Rebecca Duncan said: "Cyber security has been in an arms race for decades, with hackers continuously exploiting new vulnerabilities while developers race to patch them.

"This DASA competition looks to get the UK ahead of these threats and better prepare us against – and even predict - future cyber-attacks."

DASA delivery manager Robert Hammond-Smith added: "This DASA competition is bringing together the best minds in industry and academia with the brightest government scientists and talent from the Armed Forces to innovate for a safer future for everyone in the UK."

Seven proposals received nearly £1m in funding during phase 1 – bringing the total funding to about £2m.

Source: Insider Media Limited