Earlier this year, BlackBerry announced its acquisition of Cylance, an artificial intelligence and cybersecurity company, positioning themselves as one of the world’s largest cybersecurity firms.
BlackBerry’s security business was back in the news last week as they announced the development of a new cybersecurity research and development lab based out of their Waterloo operations centre.
“Primarily, the purpose of this new division is to integrate emerging technologies into the work we’re currently accomplishing,” said Eagon in an interview with tech news source VentureBeat. “As new technologies and threats emerge, BlackBerry Labs will allow us to take a proactive approach to cybersecurity, not only updating our existing solutions, but evaluating how we can branch out and provide a more comprehensive, data-based, and diverse portfolio to secure the Internet-of-Things,” he explained.
While the lab space itself is still under construction, the R&D business unit is officially up-and-running. Their initial focus will be on automotive-based applications for machine learning in cybersecurity, given the projected growth of connected cars over the next few years. In the near future, BlackBerry will be setting up hardware labs in Waterloo and Ottawa dedicated to testing these new products.
Do you want to learn more about the security ecosystem in Waterloo? Visit our website!
Are you exploring the possibility of locating, relocating or expanding your business? Contact us – we’re here to help! We have a complimentary suite of services to help businesses grow in Waterloo.
Related articles:
- BlackBerry is now one of the world's leading cybersecurity firms
- Three ways Waterloo helps security companies unlock innovation
- Five astounding facts about the University of Waterloo
- Why Waterloo is giving big tech hubs competition
- CBRE releases list of North America's fastest-growing "opportunity markets"
