SCI Semiconductor has secured £2.5 million to advance its development of the world’s first commercially viable “memory safe” computer chip. The funding, led by Mercia Ventures, aims to tackle vulnerabilities in legacy systems that are often exploited in cyberattacks.
Source: Business Link Magazine
Key Points
- SCI Semiconductor receives £2.5 million for innovative cybersecurity chip development.
- The chip will address memory safety issues, a common vulnerability in many legacy systems.
- 70% of cyberattacks exploit memory-related flaws, representing a key threat to security.
- Key early adopters include Google Research, showcasing industry interest.
- The company plans to expand its workforce to 40 and establish a base in Sheffield.
- Funding reflects growing investor interest in UK tech addressing global security challenges.
Why should I read this?
If you’re interested in the tech space, this article’s a must-read! It highlights a significant leap in cybersecurity chip technology from a UK firm, which could revolutionise how we tackle vulnerabilities in existing systems. Plus, with growing investor confidence, it could spell great things for the UK’s tech ecosystem and security landscape. You won’t want to miss it!
