Emergynt to showcase AI Digital Risk Management platform in partnership with George Washington University
Emergynt Network Defense was selected as one of the nation’s Best University Startups by the National Council of Entrepreneurial Tech Transfer (NCET2). Emergynt will join 39 other startups in showcasing their technology at the University Startups Conference Demo Day April 18, 2017.
Emergynt is representing George Washington University. CEO and founder, Dr. Earl Crane conceived the company’s core swarming risk algorithms while working on his his Ph.D. in Engineering Management and Information Security. “Centralized management simply doesn’t scale to today’s distributed enterprises,” said Dr. Crane. “As the Director for Cyber Strategy and the Department of Homeland Security, and later as the Director for Federal Cyber Policy at the White House, I saw first-hand the challenges of securing large-scale distributed systems. This gave me the inspiration to look at natural resilient systems — like ants — that are incredibly anti-fragile with no centralized control. It was those emergent properties that became the central thesis for our Instinct Engine product.”
Emergynt’s Instinct Engine™ allows companies to get ahead of hackers by predicting where they are most likely to be attacked tomorrow. Using advanced machine learning and swarming AI risk algorithms, it explores hundreds of thousands of loss scenarios — using real-time network data — to identify the cyber intrusions that could create the biggest impacts.
“We are excited to be selected by NCET2 out of all the great companies coming out of academia today,” said Dr. Crane. “I am also proud to stand with my fellow entrepreneurs in applying the thought-leadership from academia to solving tomorrow’s problems.”
About Emergynt and the Instinct Engine™
Emergynt Network Defense, Inc. provides a Digital Risk Management solution to today’s digital enterprises by identifying, measuring, and distributing cyber risk ownership.
The Instinct Engine™ uses a biological ant-based swarming approach to identify the most likely attack paths to a company’s greatest risks — those that cause the most damage — so organizations can reduce risk before an incident happens. It enables business owners to understand the amount of cyber risk to which they are exposed and for which they are responsible in a dollar-based impact amount. This enables the Chief Information Security Officer or Chief Risk Officer to act quickly; reducing cyber risk exposure. It also answers new regulatory requirements for an executive board-established and monitored cyber risk appetite.
Click here for a short four-minute explainer video about Emergynt.
About NCET2 and the University Startups Conference
The National Council of Entrepreneurial Tech Transfer (NCET2) is a membership organization of university Startup Officers from the top research universities in the United States. NCET2 aims to advance and professionalize university Startups Officers by providing opportunities for networking, policy advocacy, and education.
The April 18–20 event brings together a diverse audience of over 300 people of university Startup Officers, university startups, entrepreneurs, Fortune 1000/Global 1000 corporations, venture capitalists, angel investors, policy leaders, and federal government agencies. The event provides a venue to form and maintain robust transaction networks among the participants with the aim to align university IP and startups with investor and corporate needs.
The demo day is part of the annual University Startups Conference. It provides universities and their startups, corporate open innovation and venturing groups, venture capitalists, and angels access and opportunities to discover, network, and explore meaningful partnerships. The event also raises awareness in Congress of the pivotal role that universities play in the formation of high potential startups, the creation of high-value jobs across the country, and overall national competitiveness.