A new St. Louis-based initiative might produce the next big advancement in the war against hackers and data thieves. SixThirty Cyber is an offshoot of financial technology venture fund and business accelerator SixThirty, which is housed in the T-Rex co-working space downtown.
The new initiative plans to invest $10 million over the next five years in cybersecurity startups. Two classes, each with five companies, will be held every year. Those startups will receive up to $200,000 and participate in a 14-week mentoring, business development and hands-on training program.
Organizers say the accelerator will help meet a pressing need. They point to comments last month by U.S. Securities and Exchange Commission Chair Mary Jo White describing cybersecurity as the biggest threat to the financial system. For the full article click here
from cyber security caucus http://ift.tt/1U8KAIE
via IFTTT
No comments:
Post a Comment