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The Ethical Hacking Platform - Sharing Economy for Security Testing

Project description

The first European security testing solution

Data breaches represent a high risk for companies. To prevent breaches, companies are investing billions of euros. However, as security breaches increase, they reveal that existing security testing is limited and slow. Today, two United States companies lead the market in Europe. The EU-funded Intigriti project presents an innovative platform that represents a new approach to security testing. Intigriti is a crowdsourced security platform that connects security researchers (ethical hackers) and companies wanting to prevent security breaches. The platform is a managed service where reports submitted by researchers are validated before being delivered to companies. The SME instrument funding is crucial for the platform, the first European security testing solution.

Objective

As data breaches are costly, companies spend billions to prevent them. Nevertheless, security breaches are increasing over the years. In other words, current security testing is limited as this is based on snapshots, influenced by the human factor and slow.
Our intigriti platform represents a new approach to security testing: as opposed to the current manual ad-hoc testing, we are running a crowdsourced security platform where security researchers (ethical hackers) and companies wanting to prevent security breaches meet. We offer intigriti as a managed service where reports submitted by researchers are validated by use before they are forwarded to companies. On the demand-side, companies pay a monthly fee to display descriptions on what can be tested. When a report is valid, they pay a reward (bounty) to the researcher who submitted and we withhold a reward (bounty fee).
We founded intigriti in August 2016 and launched the first intigriti version (i.e. gritti) in March 2017. Within a few months, we generated revenues of €460,000 from companies headquartered in Belgium with a global presence. Several investors have already spotted us and invested almost one million euros together with the founder who owns the majority share of the company.
The total market for security testing is in the 10-digit range and our immediate target market is over €200 million. Our main competition are two US companies who we can keep at bay by being the first to market in Europe, which makes the SME instrument funding crucial for us.
With intigriti entering all of Europe, citizens will benefit from much better data security and a minimized risk of identity theft as the intigriti ethical hackers help European companies stay one step ahead of malicious outsiders. In other words, before any citizens can get exposed to risks, our intigriti researchers have already found the gap and the company has already fixed it.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

INTIGRITI BV
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
PARKLAAN 113, BOITE 8
9300 Aalst
Belgium

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Vlaams Gewest Prov. Oost-Vlaanderen Arr. Aalst
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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