AI and dark web startups added to government's LORCA scheme

15 more cyber security companies will be inducted to the government's Plexal campus

Dark web

A further 15 startups have been added to the government's LORCA cyber security scheme, with the latest cohort focusing on artificial intelligence and the dark web.

The London Office for Rapid Cyber Security (LORCA) opened last year with 13.5 million in funding from the Department for Digital, Media & Sport (DCMS). Based at the Here East Plexal tech campus, the project's aim is to get 72 startups to scale up and grow with the help of experts and advice.

Advertisement - Article continues below

The latest companies joining the initiative include cyber security startups that deal with AI and the dark web. One such company is Threat Status, which analyses the hidden deep web in order to track stolen usernames and passwords.

The firm was established in 2017 and is based on the south coast of England. Founders Jon Inns and Ian Nice have spent most of their careers in information security and decided to form a startup after 2013's Yahoo data breach. The pair noticed a steady increase in compromised and leaked user data after the breach of approximately three billion Yahoo user accounts. They recognised that the release of this information had the potential to do a lot more harm than many imagined possible and decided to take action.

Advertisement
Advertisement - Article continues below

Another business joining the scheme is Elemendar, which uses AI to convert lengthy cyber security reports into a format which can be read by computers and added into databases.

These new cohorts will also benefit from a transatlantic partnership after Plexal announced a deal with the Global Cyber Alliance, the City of New York and the New York Economic Development Corporation.

Advertisement - Article continues below

The Global Cyber Alliance is a worldwide, collaborative non-profit dedicated to reducing cyber risk. With the Plexal partnership, it's hoped that the organisation will open a gateway for the LORCA startups to access an extensive network of partners around the world and a wealth of cyber security experts from government and the private sector.

"We want the UK to be at the forefront of tackling cyber threats and encourage the best and brightest to come up with new and innovative solutions to combat the ever-changing cyber risks," said minister for digital Margot James.

"Ahead of London Tech Week, it's great to see that LORCA is now welcoming international companies to the capital, making this a truly global effort to ensure we have a Britain that's fit for the future."

Featured Resources

Staying ahead of the game in the world of data

Create successful marketing campaigns by understanding your customers better

Download now

Remote working 2020: Advantages and challenges

Discover how to overcome remote working challenges

Download now

Keep your data available with snapshot technology

Synology’s solution to your data protection problem

Download now

After the lockdown - reinventing the way your business works

Your guide to ensuring business continuity, no matter the crisis

Download now
Advertisement

Recommended

The IT Pro Podcast: COVID-proofing your startup
startups

The IT Pro Podcast: COVID-proofing your startup

10 Jul 2020
US Rep. Bill Johnson introduces the Advancing Tech Startups Act
Policy & legislation

US Rep. Bill Johnson introduces the Advancing Tech Startups Act

22 May 2020

Most Popular

How to find RAM speed, size and type
Laptops

How to find RAM speed, size and type

3 Aug 2020
How to use Chromecast without Wi-Fi
Mobile

How to use Chromecast without Wi-Fi

4 Aug 2020
How do you build a great customer experience?
Sponsored

How do you build a great customer experience?

20 Jul 2020