Friday, 21 February 2014

VersAi Acquires AI-based Intellectual Property for Cyber Security from Espion

An unusual and interesting international IP deal in cyber security. Espion, a cyber security business in Ireland with interests in digital forensics and security awareness, has licensed its IP to Versai, a Canadian firm. The IP comprises a self-signature-creating AI algorithm which makes up the core of VersAi’s product line for inbound threat detection and prevention, as well as outbound policy and content security. Originally designed as a hybrid AI algorithm, borrowing from both symbolic (probabilistic reasoning, logic) and non-symbolic (machine learning, fuzzy logic, pattern detection) approaches, the technology has apparently been commercially proven and tested over 11 years as an email and content security gateway.

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