Lydia Ragoonanan, director, LORCA

The protection of supply chains and user-centric security have been targeted as the two biggest cyber priorities by the London Office for Rapid Cybersecurity Advancement (LORCA) as it announced backing for a new wave of start-ups.
It said that the latest 11 security businesses it has chosen to support represent the most promising solutions to challenges identified last year by a panel of cyber leaders as most important to industry.
With help from the government-backed body, the 11 chosen businesses will, said LORCA, be able to develop solutions that make it easier for employees to keep cyber-aware and safe, and technologies that enable better management of the cybersecurity risk in increasingly complex supply chains.
Chosen for their growth potential, including commercial application, the 11 scale-ups will receive a year of bespoke, world-class support at the programme which is delivered by innovation centre Plexal, based at tech campus Here East. They will have unique access to leading experts, including one-to-one commercial and technical support from Deloitte’s Cyber Risk Service team and world-class academic and engineering support from the Centre for Secure Information Technologies (CSIT) at Queen’s University Belfast.
The list includes Xanadata, which allows customers to rapidly hunt for millions of cyber threats on any network both for live traffic, in real time and faster than real time to enable rapid historic assessment, processing several months of activity in a matter of minutes. It also includes Crypto Quantique, which has developed a quantum driven secure chip and a security platform that makes end-to-end security seamless and easy-to-implement for connected devices.
“We’re thrilled to welcome these high-potential UK companies that have genuinely promising solutions to the biggest industry challenges in cybersecurity,” commented Lydia Ragoonanan, director, LORCA. “The engagement from industry in the development and selection process ensures that the cohort has clear markets to scale into and is addressing the cyber challenges that will make the most difference to industry. Following on from the success of first cohort, we look forward to seeing these 11 companies grow and thrive.”

by Guy Matthews