With an investment over the next 5 years, Synchrony Financial and UConn aim to counter teh growing threats of foreign and domestic cybercrime by developing information security talent and leading research to help companies and coumsers stay ahead of these threats. Through the partnership, Synchrony Financial will provide an endowment for the Synchrony Financial Chair in Sybersecurity to lead cybersecurity education at UConn and help develop a strong pipeline of information security talent. In addition to research, Synchrony Financial committed funding toward a Cybersecurity Fellows Program and a scholarship program that will provide stipends to UConn graduate students interested in this subject where they will study and conduct independent cybersecurity research.
The partnership is close to home for Stamford-based Synchrony Financial and will help prepare local Connecticut talent to help fill the nearly 210,000 unfilled cybersecurity jobs in the U.S.
"We are passionate about cultivating top technology talent in Connecticut, people who will soon be on the nation's front lines of defense against cybercrime," said Carol Juel, executive vice president and chief information officer at Synchrony Financial. "Our partnership with UConn is an important step towards building the research and resources needed to fuel hiring in this growing area of technology."
Synchrony Financial believes that impactful research and dedicated resources, like the center, are imperative in reducing vulnerability to cyber attacks.