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REDSENTRY

Proactive Operational Intelligence Cybersecurity Platform for the Financial Services Industry

Total Cost €

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EC-Contrib. €

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Partnership

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Project "REDSENTRY" data sheet

The following table provides information about the project.

Coordinator
ENEO TECNOLOGIA SOCIEDAD DE RESPONSABILIDAD LIMITADA 

Organization address
address: PARQUE TECNOLOGICO DE BIZKAIA, EDIFICIO 500 PLANTA
city: DERIO
postcode: 48160
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Spain [ES]
 Project website https://redborder.com/en/about_us/rdi.php
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.7. (Secure societies - Protecting freedom and security of Europe and its citizens)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-07-01   to  2017-12-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ENEO TECNOLOGIA SOCIEDAD DE RESPONSABILIDAD LIMITADA ES (DERIO) coordinator 50˙000.00

Map

 Project objective

REDSENTRY aims to provide a flexible, scalable and open solution to the ever-changing threat landscape faced by the financial services sector. The threats faced by the financial services industry are varied and constantly evolving and cybercrime is the 2nd most reported type of crime by financial institutions according to PWC. The potential impact of cybersecurity incidents is tremendous as the sector accounts for €731 billion (5.9%) of the EU’s total GVA (Gross Value Added) and employs 6.4 million people. The size, potential for monetary gain and overall societal disruption of make the financial services sector a prime target for cyber criminals using the latest techniques which are often undetectable with current solutions. A recent report by GreAT found 140 enterprises, including banks, affected by “file-less attacks” which use the system’s RAM to execute malicious code and are currently undetectable through conventional means. This is only one example of the numerous ways in which cyber criminals are innovating and developing new means of bypassing cybersecurity measures. REDSENTRY will provide a real-time networking monitoring platform to provide the ability to detect and manage any type of threat. By focusing on network monitoring REDSENTRY will provide enable financial sector institutions to manage their infrastructure in real time, proactively and with automatic security response protocols.

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The information about "REDSENTRY" are provided by the European Opendata Portal: CORDIS opendata.

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