Search
Close this search box.

We are creating some awesome events for you. Kindly bear with us.

Accelerator to bolster Australia’s cybersecurity sector

Recent cyberattacks, such as criminal activity against individual businesses or the work of a ‘state actor’ hacking into a Federal Parliament’s servers, emphasise the need to build Australia’s expertise in cybersecurity.

According to a recent report, a unique accelerator for cybersecurity start-ups is hoping to build the capacity of the sector.

Bolstering the cybersecurity sector

The accelerator will do it by investing in companies and providing them with the experience, advice and support they need for success.

The accelerator, called CyRise, is a partnership between Deakin University and a global IT company. It boasts to be the only accelerator in Australia that has a specific focus on cybersecurity start-ups.

Cybersecurity is a growing market in Australia. There are a lot of people working to lift the profile of cybersecurity and make the public aware of its importance.

Based in Melbourne, the accelerator offers cyber security start-ups from around Australia a six month program that exposes them to international best practice, industry mentors, and potential investors and customers.

In addition, it also invests A$ 50,000 in each successful program applicant.

The Program

It aims to help the start-ups go from what can be as early as the idea stage all the way to being a validated and sustainable global company.

Their model is geared towards working with technology start-ups looking to build something innovative in a scalable way.

For instance, some of the start-ups develop software that focuses on intrusion detection while others help people manage their cybersecurity operations. There are some that develop secure infrastructure for cloud hosting.

One of the unique aspects of the program is a ten day trip to Israel, where program participants are immersed in a “hypercompetitive, world-class cyber security ecosystem” of Tel Aviv.

Israel has a global reputation in cyber security and an enormous number of cyber security start-ups. The country has a depth of talent that is not yet in Australia.

Entry to the selective program is through a rigorous process of interviews and pitching. The selection committee will assess the investment and market potential of the idea and the company, and the founders themselves.

The successful teams have access to the knowledge and expertise of around 45 mentors over the course of six months.

 They also have access to an industry advisor program that introduces them to potential customers.

The program culminates in a ‘demo day’ wherein the start-ups pitch their progress to potential customers and investors.

Leveraging on University expertise

The University’s involvement in the accelerator was a natural fit with the University’s depth of experience in cyber security.

The University has been heavily involved in cybersecurity research, offers speciality courses in the field and has a dedicated Centre for Cyber Security Research and Innovation (CSRI).

The accelerator encourages the people and shows them that it is possible to be an entrepreneur and if there is potential idea, it is ok to jump out of the corporate life and build a start-up because being successful is possible.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.