RBC funds Waterloo’s cybersecurity lab, privacy projects

The Royal Bank of Canada (RBC) is investing $1.78 million in Univ of Waterloo for a cybersecurity lab and to support research projects in cybersecurity and digital privacy. The fund will support projects in computer science, mathematics and the new cybersecurity lab for the financial sector in the William G Davis Computer Research Centre, as well as projects in data-driven software defined security, led by Raouf Boutaba; privacy enhancing technologies, led by Ian Goldberg; and post-quantum cryptography, led by David Jao. It will also support work around CryptoWorks21, an enhanced education program on post-quantum cryptosystems led by Waterloo's Michele Mosca. RBC is funding projects in Waterloo to boost the skills needed by the cybersecurity industry. Working with a university allows the bank to gain access to its talent pool and leverage its unique capabilities in mathematical science.