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Dec. 16, 2015 (1 year, 8 months ago)

Eight startups selected for Cyber London security accelerator programme

Cyber security startup accelerator and incubator Cyber London (CyLon) has announced the participants in its second programme to support fledgling security companies. The 14-week programme gives entrepreneurial teams access to professional training and guidance from a network of mentors and investors. In addition, the teams selected to participate in the programme receive a £15,000 investment in return for 3% equity. CyLon partners and sponsors are Amadeus Capital Partners, Epsilon Advisory Partners, Winton Capital, BAE Systems Applied Intelligence, Freshfields Bruckhaus Deringer LLP and Fried Frank. The startups taking part in the second programme are: *Aves Netsec, Finland. An adaptive cyber deception system for efficiently countering the advanced attacker. *BitNinja, Hungary. The first integrated server defence network powered by a machine-learning system. *Fabric, UK. Secure and private mobile communications. *Mazor, Israel. Solution for detection of threats on network and security components. *Simudyne, UK. Identifies and reduces the risk from cyber attacks. *Torsion InfoSec, UK. Delivering accurate rules and classifications-driven security for SharePoint and Office 365: Simple, Precise and Robust. *UkkoBox, UK and Brazil. An easy tool that safely encrypts and spreads user files to existing cloud providers worldwide. *Verity, South Africa. Enables organisations to prevent document forgery through digital document certification.

Nov. 10, 2015 (1 year, 9 months ago)

UK government and industry launch £6.5m CyberInvest scheme to fund research into cyber security

The UK government, in collaboration with industry, has launched a scheme called CyberInvest to fund research into cyber security. To date, 18 companies have signed up to the scheme and have committed £6.5m of investment over the next five years. This includes BT which is investing £500,000 into the scheme. Other companies that have made their involvement public include Northrop Grumman, Crossword Cybersecurity, Nexor and Becrypt.

Jan. 30, 2015 (2 years, 6 months ago)

Bitcoin Startup Gem May Revolutionize MultiSig Wallet Security

Bitcoin startup Gem provides a scalable API for bitcoin developers, has a new security enhancement that may be significant for the future of Bitcoin security. The company announced the inclusion of Custom Hardware Security Modules produced by Thales e-Security, as part of their standard multi-sig bitcoin wallet. Multi-sig wallets have become the standard for Bitcoin wallet security. A multi-sig wallet is associated with several private keys, making it more secure.