Re: wonder which of the promoted companies
If you meant the start-up accelerator that GCHQ is pumping money and expertise into, then these are some of them:
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Seven startups were whittled down from 50 entries in total, and these were CounterCraft, Cyberowl, Cybersmart, Elemendar, Spherical Defence, StatusToday and Verimuchme.
Verimuchme is a digital wallet for personal identification, while Cyberowl is an early-warning system for cyber attacks. Cybersmart automates implementation, certification and compliance across security standards. Elemendar is described by Wayra as a "collective intelligence platform that provides data visualisations to make sense of complex, uncertain, or volatile issues". Spherical Defence a "banking API intrusion detection system that uses deep learning to detect hacking attempts by establishing a baseline of normal communication".
StatusToday is a platform that uses machine learning to try to make sense of human behaviour in the workplace, including insider attacks but also defending against plain human error. Speaking with Techworld, StatusToday's cofounder Ankur Modi said that the incubator had been essential in advancing his business.
"The incubator was an interesting experiment for us," Modi said. "As a very young startup in the UK, we have been very keen to engage with GCHQ to understand how to mature the technology and the business.
"One of the things it's helped us with is we got access to very senior experts within GCHQ, both technical and commercial, who helped us refine the technologies. Our machine learning capabilities, I would say, certainly have improved as a result of the conversations and discussions we've had with them – around what are the things that really matter when it comes to threat and risk, and what are the things that don't have that big a damage impact."
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The second tranche of GCHQ-selected infosec startups has told the government that Britain should emulate the model it applied to encouraging the growth of homegrown fintech startups to cyber security.
Meet the startups
This is the second round of the joint GCHQ and Wayra accelerator programme, and the first time some of the startups will be hosted at the NCSC's location in Victoria, rather than behind the wire at GCHQ's headquarters in Cheltenham. The first cohorts raised £3 million in funding in total following the launch of the scheme in April this year.
The nine startups include a business that tracks the illicit trading of cryptocurrencies such as bitcoin called Elliptic, a software-as-a-service learning platform designed to help developers write secure code called Secure Code Warrior, and ExactTrak, that provides tracking technology integrated at the chip level and counts AMD as a customer.
The other startups are Cybershield, Intruder, Ioetec, RazorSecure, Trust Elevate, and Warden, spanning spearphishing prevention, through to age verification for young adults and children online.
Wayra director Gary Stewart said that although the UK ranks an admirable third in worldwide cybersecurity investment, the NCSC and Wayra believe "we can do even better". The project is unique in that it is an open partnership with the secret services.