PROFILE
“ THIS IS A global problem that isn ’ t going to go away ,” remarks Alex von Someren , co-founder of Cyber London ( CyLon ), when asked if it is possible to win the battle against cyber crime .
While von Someren admits it is difficult to win the battle , CyLon is actively supporting start-ups who offer cutting edge , innovative solutions to help companies to address the weak points in their cyber security defences , to train staff to be ‘ cyber-savvy ’ and to limit the damage done if an attack is successful .
In exchange for £ 15,000 , CyLon takes a three percent equity stake and provisions a 13-week accelerator programme designed to offer support on all the critical issues start-ups face . This varies from helping the founders find product market fit , messaging , route to market , pricing models , scalability and investment . CyLon also arranges for industry experts to meet with the entrepreneurs on a weekly basis , and introduces the start-ups to potential customers .
One such industry expert partner is BAE Systems Applied Intelligence , whose Director of New Ventures
“ The scale of the cyber security issue is so great that there is no one company who can solve all the problems ”
and Innovation , Richard Wilding , sits on CyLon ’ s advisory board .
“ The scale of the cyber security issue is so great that there is no one company who can solve all the problems ,” he explains . “ In fact , our recent global research into cyber security shows that almost three quarters of ITDM respondents expect the number and severity of cyberattacks to increase in the year ahead . Therefore , you can see that with stats
8 July 2017