Crossword Cybersecurity and Coventry University have created a new spin out venture, CyberOwl, to commercialise leading edge cyber security research into target centric network monitoring aimed at the rapidly growing Smart Cities arena.
The academic founder of CyberOwl, Dr Siraj Shaikh, Reader in Cyber Security at Coventry University, and his team has conducted extensive research in the area of threat attribution and monitoring using advanced Bayesian analytics. This research is directly applicable to cyber security in Smart Cities and the Internet of Things. Coventry University has assigned the intellectual property and Mercia Fund Management has provided seed funding to CyberOwl Ltd.
Tom Ilube, Crossword’s CEO said “We are delighted to be working with Coventry University and Mercia Fund Management on CyberOwl. Target centric network monitoring addresses emerging cyber security challenges in the projected $400Bn Smart Cities sector and CyberOwl will take this breakthrough research to market ”
“It is vital that leading edge British cyber security research has real world impact” commented Dr Shaikh, Reader in Cyber Security at Coventry University and Director of CyberOwl. “Our new venture with Crossword will help ensure that future Smart Cities can take advantage of major advances in the very large scale network monitoring approaches that we have pioneered at Coventry University.”
FOR FURTHER INFORMATION PLEASE CONTACT:
Tom Ilube – CEO, Crossword Cybersecurity Plc
Tel: +44 (0)208 973 2350
Dr Siraj Ahmed Shaikh, Coventry University
ISDX Corporate Advisor
Nick Michaels and Jon Isaacs, Alfred Henry Corporate Finance Limited
Tel: +44 207 251 3762
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