Cybersecurity

UK Intelligence Agency Cyber Accelerator Startups Named

Seven cyber security start-ups have been chosen to join the new GCHQ Cyber Accelerator, it has been announced.

The accelerator is a partnership between GCHQ (Government Communications Headquarters, one of the UK’s three intelligence agencies), the Department of Culture, Media and Sport, and tech fund Wayra UK.

In a blog post on Wednesday, Wayra UK said that the accelerator would help to keep the UK secure online and allow businesses to produce “the next generation of cyber security systems.” This would boost the U.K.’s #22 billion ($27 billion) cyber security sector, it added.

The start-ups selected are counterintelligence company CounterCraft; Cyberowl, which has developed an early-warning system for cyber-attacks; collective intelligence platform FutureScaper; smart compliance platform Cybersmart; Spherical Defense, the developers of a banking API (Application Programming Interface) intrusion detection system; AI-powered intelligence platform StatusToday; and digital wallet and exchange platform Verimuchme.

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