UWaterloo to get cybersecurity lab, research funds from RBC

January 31, 2018

The Royal Bank of Canada is opening a cyber security lab and providing $1.78M in research funding at the University of Waterloo for the purposes of developing advanced cybersecurity and privacy tools. The funding will support research in areas such as detecting and mitigating security threats through the use of machine learning and AI, privacy-enhancing technologies focused on consumer metadata, and post-quantum cryptography. “This partnership is important to RBC as we'll be able to leverage Waterloo's unique capabilities in mathematical science as it applies to tackling increasingly sophisticated cyber attacks,” said RBC Chief Information Security Officer David Fairman.

UWaterloo | The Record