CryptoWorks21 Supported by RBC investment in cybersecurity research
The Royal Bank of Canada (RBC) is opening a cyber security lab and investing $1.78 million into research at the University of Waterloo to develop advanced cybersecurity and privacy tools, announced January 29, 2018.
Cybersecurity researchers in the David R. Cheriton School for Computer Science and the Department of Combinatorics and Optimization are the recipients of a $1.78 million investment from RBC. Among other initiatives, the funding supports Waterloo researchers and educators working in post-quantum cryptography:
Waterloo is Canada’s leader at turning information and communication technology research into innovations that create economic advantage. Waterloo has world-leading research strengths in cryptography, security, privacy enhancing technologies, human-computer interaction, algorithms, networks and distributed systems, and mathematics relevant to cryptography.
These new initiatives directly support Quantum-Safe Canada's vision of Canada as a global leader in quantum-safe cybersecurity.