A technology startup born out of the University of New Brunswick’s IT department announced last month it has received $1.5 million in a second round seed investment.
Beauceron Security, a cybersecurity management platform, was founded on the UNB Fredericton campus in 2015. The company uses threat assessments, awareness programs and unique security technology to manage cyber risks for companies and organizations. The latest investment will allow the rapidly expanding company to increase its sales and marketing and recruit new partner firms worldwide.
“When you educate and empower people, they go from the passive victims of cybercrime to the active defenders,” CEO David Shipley said in an interview with The Brunswickan.
Educational institutions have increasingly become the focus of organized cyber attacks after the University of Calgary paid $20,000 in ransom to hackers in 2016. Shipley, who was in charge of cyber threat intelligence and cybersecurity awareness at UNB at the time, realized that something needed to change.
Email-based attacks at UNB increased from $149,000 a month to 1.79 million a month following the Calgary incident. In response, the university worked to…
