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€1bn in cyber security research funding evaluated, revealing academic trends and threats ahead

January 11, 2019

Posted by: Anasia D'mello

Tom Ilube of Crossword Cybersecurity plc

Cyber security technology commercialisation company, Crossword Cybersecurity plc, has released insights from its global review of academic cyber security research. The new database looked at nearly 1,200 current and past research projects from academic institutions in the United Kingdom, United States, Europe, Australia, and Africa. 

It reaffirmed the value of the cyber security research market, with reported funding of European Union (EU) projects at over €1 billion. The database identified several global trends by comparing the periods January 2008 to June 2013 with July 2013 to December 2018.

Significant differences can also be seen between regions, says the company. For instance, the EU appears focused on minimising Small & Medium Enterprises’ (SMEs) exposure to cyber security risk. Conversely, when compared with other regions, the US has a greater focus on the human component of cyber security. Other US top project funding areas include Cyber Physical Systems (as applied to smart cities and power grids), securing the cloud, cybercrime, and the privacy of Big Data sets (as applied to the scientific research community).

UK invests in securing the physical world

In the UK, the providing research verticals are critical infrastructure and securing the health sector (with 11 current projects each). Current funding across UK projects exceeds £70 million (€77.5 million), with quantum and IoT-related projects both more than doubling over five years. There are currently nine new UK projects with a focus on Cyber Physical Systems.

The four UK projects with the greatest funding are in the fields of Safe and Trustworthy Robotics, Big Data Security, Cybercrime in the Cloud and Quantum Technology for Secure Communications. The most notable UK decline was in big data projects, which have dropped by 85%.

Cryptography remains strong

There are currently 52 global projects with a cryptographic focus, and at least 39 current live EU projects featuring a cryptographic element. In the UK, this area has been consistently strong over the last ten years, with 18 projects starting between 2008 and mid 2013, and 19 projects from mid 2013 to now.

Tom Ilube, CEO at Crossword Cybersecurity plc says of the analysis, “The need to protect critical infrastructure has never been stronger as technology becomes more deeply embedded in every aspect of our daily lives. However, one apparent omission is research solely focused on the application of AI techniques to complex cyber security problems. We hope to see more of that in the future, as the industry works to stay ahead of the constantly evolving cyber security landscape.”

Crossword identified nearly 1,200 projects, primarily by obtaining data from national funding bodies including the UK Engineering and Physical Sciences Research Council, American National Science Foundation, Australian Research Council and the European Commission. As well as this, open-source searching of available publications was conducted, as well as talking with Crossword’s existing academic contacts.

This research extends that of the original Crossword Cybersecurity CLUE database which featured 412 projects from major UK and European universities. This is not, says the company, a comprehensive list of all projects across the globe, but a snapshot based on readily accessible information. Crossword Cybersecurity continually works to aggregate details of cyber security projects, and will release updated findings in the future. The Crossword Cybersecurity database will be periodically updated, to deliver ongoing insight into the most prevalent cyber security research trends and investment areas.

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