Espion Ltd announce €1.3 Million in EU R&D Funding

Specialists in securing corporate information, Espion, has been awarded R&D contracts worth a total of €1.3 million under the European Commission’s Seventh Framework Programme for Research (FP7), as part of four large-scale projects

Seán Sherlock, T.D. Minister for Research and Innovation,  Máire Geoghegan-Quinn, EU Commissioner for Research, Innovation and Science join Espion managing director Colman Morrissey and Julie Sinnamon, CEO Enterprise Ireland at the announcement of Espion Ltd’s EU R&D Funding

Seán Sherlock, T.D. Minister for Research and Innovation, Máire Geoghegan-Quinn, EU Commissioner for Research, Innovation and Science join Espion managing director Colman Morrissey and Julie Sinnamon, CEO Enterprise Ireland at the announcement of Espion Ltd’s EU R&D Funding

As a key player in information security, Espion is committed to leveraging its knowledge to play a leading role in R&D. In the past two years the firm has increased investment in R&D and related participation in collaborative Pan-European research.

Congratulating Espion Ltd. Sean Sherlock T.D. Minister for Research and Innovation said; “Espion is an excellent example of an Irish SME participating in leading-edge, European R&D security/IT projects and leveraging this activity to develop its business proposition. Thanks to companies such as Espion, Ireland won €11M in European Commission security R&D funding in 2013 alone with €6M of that total going to SMEs.”

Espion managing director, Colmán Morrissey says: “This funding marks a significant milestone for Espion and endorses our capabilities around contributing to leading-edge R&D. We look forward to driving innovation in the tools, techniques and insights which are critical to the future of the industry.”

Using its strong track-record in security risk and cyber threat assessment around core enterprise networks and critical infrastructure, Espion will collaborate on four projects spanning Pan-European cyber security and emerging cyber threats.

Espion will be helping to shape the future of ICT Security and Forensics through: developing a technology for sharing and propagating security threat information across national and pan-European key critical infrastructures; providing the EU with a realistic R&D roadmap for the SME sector around cybercrime and cyber terrorism, as well as developing advanced cyber forensics software components that will focus on the convergence of physical and logical security technologies.

Espion is one of the largest digital Forensics & eDiscovery service providers in Europe – with vast experience in dealing with complex digital investigations and eDiscovery projects for stakeholders in law firms, corporations, government agencies and law enforcements.

In addition to this, Espion has software development skills, academia research experience, a deep understanding of Digital Forensic technologies and market environments, as well as vast experience of the diverse legislative environment around privacy and forensic data analysis, with Europe and beyond.

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