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Technology news

SIX collaborating on cybercrime research


15 November 2016 Zurich
Reporter: Stephanie Palmer

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Image: Shutterstock
SIX has established a 12-year research cooperation agreement with the Swiss Federal Institute of Technology (ETH) Zurich Information Security and Privacy Center (ZISC), to work on data security.

Through the partnership, SIX intends to contribute to the future security and reliability of IT systems, and to help prevent undesired access to systems by third parties.

In particular, the research will focus on cyber security and innovation in cloud technology.

SIX will be a sponsor of the ETH ZICS OpenLab, which promotes the exchange of ideas and information between ETH researchers and businesses.

Lino Guzzella, president of ETH Zurich, said: “We are pleased that we have managed to win such a strong partner in the field of finance. As our society and the business world become more digitally connected, we face an increased risk for the misuse of data and cybercrime.”

“A closer cooperation between business and research is necessary. The ZISC competence centre offers the ideal platform to facilitate such a collaboration.”

Urs Rüegsegger, group CEO of SIX, added: “The central role of financial market infrastructure makes it crucial to protect against all forms of cyber risk. Collaboration with the ETH should enable us to achieve and maintain top IT security standards.”
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