Mastercard and the Cybersecurity and Privacy Institute (CPI) at the University of Waterloo have announced a $550,000 partnership focused on research and talent advancement in cybersecurity. The funding will support projects that increase “Trust in Data” around: fingerprinting, identification and validation, and data protection.
"We greatly appreciate the investment by Mastercard and their commitment to our students and globally renowned faculty," said Professor N. Asokan, CPI Executive Director at the University of Waterloo. "This partnership will allow us to advance research and commercialization initiatives and prepare the next generation of industry leaders in cybersecurity and privacy."
With exponential growth in digitized information and threats surrounding this data, the need for sophisticated identification and secure storage methods is immediate and pressing. To ensure continued development in these key areas, Mastercard’s partnership will also provide scholarships for graduate and undergraduate students whose studies relate to cybersecurity and privacy.