Founder: Xavier Bellekens
Business: Cyber-security startup which has created a dynamic deception solution that leads cyber attackers and ransomware away from high value assets, delivering a pro-active defence which turns the ‘hunter into the hunted’.
Lupovis is a University of Strathclyde cyber-security spin-out which specialises in cyber-deception. Lupovis has created a dynamic deception solution that leads cyber attackers and ransomware away from high value assets, delivering a pro-active defence which turns the ‘hunter into the hunted’.
Lupovis recently secured a pre-seed investment of over £615,000 from a syndicate co-led by Techstart Ventures, a leading investor of seed capital and Nauta Capital, a leading pan-European venture capital firm together with an investment by the University of Strathclyde itself.
According to data on HubSpot the average pre-seed round for start-ups is just above £360,000, putting Lupovis significantly ahead of many other technology companies in its first round of funding. Founded in June 2021, the funding means Lupovis is one of Scotland’s fastest growing cybersecurity start-ups and it plans to use the investments to expand its team and enhance further functionalities within the platform.
Lupovis deploys a network of collaborative decoys to lure attackers away from assets, whether it be personal data or sensitive information, or to stop hackers trying to shut down systems to damage business continuity.
Lupovis, an amalgamation of the Latin words for wolf (lupus) and sheep (ovis), offers the attacker incentives that steer them on a certain path. Once an adversary has penetrated a network, the system entices them by creating an offensive deception environment, which engages the attacker from the minute a move is made within the network.
The system uses artificial intelligence to create scenarios which mirror the existing infrastructure of an organisation and engages the attacker into believing they are progressing towards assets of value, turning networks from a flock of sheep to a pack of wolves.
This puts Lupovis in a unique position where it has unrivalled data on attacker techniques, methods and behaviour. It will feed this data into the platform, so customers will always remain one step ahead of attackers, predicting their next move, long before they actually make it.
The system also responds dynamically to the behaviour and skills level of the attacker by using incentives and gamifying the vulnerabilities that engage the hacker. The longer the attacker is engaged, the longer the system is blocking malicious actions that would otherwise stop the network functioning.
The benefits are uninterrupted business continuity, whilst simultaneously gathering information on the hacker’ skills and strategies that inform security teams of the optimum counter-measure that arrests the breach.
Prior to the recent pre-seed investment, Lupovis had secured funding from the Department for Digital, Culture, Media and Sport’s Cyber Security Academic Start-ups Accelerator Programme (CyberASAP), which aims to translate academic research in cyber protection to commercial opportunities, Scottish Enterprise’s High Growth Start-up Programme to prove the “Commercial Opportunity” and CENSIS, Scotland’s Innovation Centre for “Sensing, Imaging and Internet of Things (CENSIS)”.
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