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A total cyber protection service to Small Businesses operating critical infrastructure and Residential customers

Objective

This project focuses on cyber-security and aims to address any form of internal or external malware and cyber-attacks. Estimates of global financial losses due to cyber-crime are at least €350 billion per year and are expected to reach €1.89 trillion by 2019. Cyber-crime has led to the loss of up to 150,000 jobs in Europe, which is about 0.6% of the total unemployed population. In response to cyber-crime, we initiated ‘ConnectProtect’ in 2012, a total cyber protection service for SMEs and residential customers.

We worked with about 20 SMEs in the UK to build this service and up to date, we developed a reporting engine capable of correlating events/logs from multiple security products across multiple organisations and constantly updating each event in real-time to generate the relevant classification of potential threat. The report engine is able to generate a case for our engineers to deal with an incident in real-time and allowing the customer to view their security state via a dashboard. We aim to further establish and understand our target market and conduct a detailed Europe wide cyber-security market study to establish the size and dynamics of the small business market; engage developmental, operational, and marketing partners for successful delivery of this project.

We also seek to develop an Intellectual Property (IP) strategy to protect our solution from exploitation by other parties. Through this project we will reduce the cyber security burden in the EU from an average of €280 to between €10 and €70 per employee per month and we will create over 100 jobs through native sales language teams that would be set up in our various target countries. We will potentially save SMEs over 20% (i.e. over €1 billion) of revenue lost to cyber-crime in Europe.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.

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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-SMEInst-2016-2017

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Coordinator

SECON SOLUTIONS LIMITED
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
HERSHAM PLACE TECHNOLOGY PARK, 41-6 MOLESY ROAD
KT12 4RZ WALTON ON THAMES
United Kingdom

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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
South East (England) Surrey, East and West Sussex West Surrey
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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