SAN FRANCISCO and TORONTO, March 14, 2019 /PRNewswire/ -- NXM Labs Inc., a leader in autonomous security and data integrity technology, and Ryerson University today announced NXM's funding of the Cybersecurity Research Lab (CRL) at Ryerson University in Toronto. The multi-year agreement will be managed under the auspices of the Center for Autonomous Security and Data Integrity (CASDI), NXM's corporate research laboratory.
NXM and Ryerson will research advanced agile crypto- and quantum-safe solutions for 5G IoT device networks. Dr. Atty Mashatan, a leading cybersecurity researcher who heads up the Cybersecurity Research Lab at Ryerson, will collaborate on research initiatives that combine NXM's investment with those of other research funders to further accelerate research efforts.
"We are thrilled to be working with NXM to address the impact of quantum computing and AI on security," said Dr. Mashatan, a professor of Information Technology Management at Ryerson's Ted Rogers School of Management. "The company already has a strong intellectual property foundation in autonomous security and we aim to enhance it quickly with our academic research resources on crypto agility, quantum computing and quantum-resistant technologies. This is a win-win for NXM and Ryerson as we focus our expertise on one of the hottest technology sectors."
Dr. Mashatan excels in the world of information security and has worked for many years with financial institutions where her application of mathematics has had financial ramifications and success. In addition, she is an expert in blockchain technology and IoT security.
"In our opinion, Dr. Mashatan is one of the finest cybersecurity researchers around, given her extensive academic credentials as well as industry experience," said Jay Fallah, CTO and co-founder, NXM Labs, and Chief Research Officer of CASDI. "She's ideally suited to do this type of research and complements our work with distributed ledgers. We're looking forward to some early successes with Dr. Mashatan and her research team to enhance our IP portfolio."
The Cybersecurity Research Lab is an academic research lab at the Ted Rogers School of Management at Ryerson University. It conducts cutting-edge information security research, trains the next generation of cybersecurity experts and is spearheading a crucial and ongoing dialogue with the Information and Communications Technology (ICT) industry. Its mission is to help organizations, large and small, to find innovative and cost-effective cyber risk mitigation strategies and solutions. The lab's research expertise is in Cryptography, Blockchain Technology, Quantum-Resistant Solutions, Machine Learning and its applications in Cybersecurity, Enterprise Security Architecture, and IoT Security.
About Ryerson University
Ryerson University is Canada's leader in innovative, career-oriented education. Urban, culturally diverse and inclusive, it is home to more than 45,300 students, including 2,600 Master's and PhD students, 3,800 faculty and staff, and nearly 198,000 alumni worldwide. For more information visit https://www.ryerson.ca.
About NXM Labs
Founded in 2016 by serial tech entrepreneurs, NXM Labs develops advanced security and data integrity software that leverages data from connected devices to provide business intelligence and insights. NXM is engaged in ongoing research efforts with global leaders in communications, semiconductors, automotive, enterprise software and other sectors. Recipient of the Frost & Sullivan's 2019 North American Visionary Innovation Leadership Award in IoT Security, NXM Labs is a member of the Linux Foundation and MOBI Alliance. The Company is headquartered in San Francisco with R&D facilities in Toronto. For more information visit www.nxmlabs.com.
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SOURCE NXM Labs Inc.