PARC Awarded $3.5M Security Contract

[Techtaffy Newsdesk]

PARC was awarded a two-year, $3.5 million contract with the Department of Defense. Developed via PARC’s open innovation model aimed at commercializing emerging technology to proactively identify internal threats, this technology will first be developed for the U.S. government, but the core technology has the potential to be deployed commercially to help stop corporate insider threats, says PARC.

PARC is involved in spearheading the Graph Learning for Anomaly Detection using Psychological Context (GLAD-PC) project, which aims to provide automatic, proactive threat identification and ranking from large-scale behavioral and information-network datasets.

PARC has selected a number of subcontractors for this particular government project. On the psychological context modeling and analysis side, HumRRO is providing expertise in dynamic psychological modeling. On the graph learning side, NASA Ames Research Center is providing unique capabilities in graph structure analysis and anomaly detection. Semantic information network analysis and graph theory expert, Stony Brook University is also contributing to the project.

Upload: 06-28-12

Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.