BALTIMORE, April 22 (UPI) -- A U.S. technology incubator program to cultivate companies developing products to counter cybersecurity threats has been opened in Maryland.
Northrop Grumman and the University of Maryland Baltimore County Research Park Corp. officially opened the Cync Program Thursday in the Advantage Incubator at the bwtech@UMBC Research and Technology Park in Baltimore and featured the first two companies accepted into the program -- Five Directions and Rogue Networks.
Highlighting the event were remarks by Maryland Gov. Martin O'Malley, UMBC President Freeman Hrabowski and Northrop Grumman Vice President for Cyber Initiatives Mike Papay.
"The Cync Program is an important seed within the cyber ecosystem as Northrop Grumman and the state of Maryland work to meet the growing cybersecurity challenges our nation faces," Papay said. "Our reliance on computer network systems is growing and the cybersecurity solutions that companies in this incubator program develop can be vital to our global security."
The Cync Program is a partnership between Northrop Grumman and bwtech@UMBC to create a new incubator tailored to developing innovative technology to protect the nation from cyberattacks. The program builds on bwtech's business-incubation framework by offering a "scholarship program" for companies with the most promising cybersecurity ideas.
Participants in the program draw on UMBC's research expertise and Northrop Grumman resources to develop tools that secure and protect computer hardware, software and virtual networks vital to national defense.
Five Directions is an early stage company working to develop technology that would enable high-assurance file sharing via public or private clouds. Using a data-centric approach, Five Directions secures access through credentialing, encryption and a robust audit trail.
Rogue Networks is working to develop BreachBox, a product that enables traffic monitoring, alerting and the enforcement of flow policies on large enterprise networks.