Industry News

Indiana University Has Entered into Partnership with NSWC Crane on Cybersecurity

United States: IU, Center for Applied Cybersecurity Research (CACR) has signed a partnership with Naval Surface Warfare Center, Crane Division, to share the personnel and cybersecurity expertise in order to deal with the more challenges on cybersecurity. The agreement signed between the two is known as the Cooperative Research and Development Agreement.

Further, NSWC Crane's research and development is supported by networked technologies. In addition, NSWC Crane's mission is important to national security, which would provide a great opportunity for CACR to contribute into the security information for Defense.

TechSci Research depicts that with the help of this partnership both the parties are working together in an effort to enhance cybersecurity and will reach to a common goal.

Increasing role of cyber security analytics services to predict the trend of cyber-attacks to help organizations in mitigating financial losses incurred during a cyber-attack is expected to attract R&D investments in the coming years. Anticipated growth in R&D investments is expected to result in development of advanced cyber security solutions to protect mobile devices, content, personal information, etc., which in turn would stimulate growth in the global cyber security market during the forecast period.

According to the recent report published by TechSci Research, “Global Cyber Security Market By Security Type, By Solutions, By End Use Industry, By Region, Competition Forecast and Opportunities, 2011-2021”, Global market for cyber security is projected to surpass US$ 137 billion by 2021. Growing trend of Bring Your Own Device (BYOD), rising adoption of cloud computing, expanding market for Internet of Things (IoT) are expected to continue driving the cyber security market across the globe over the next five years.

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