U.S. Markets closed

MITRE Establishes Engenuity, a Foundation to Foster Private Sector Collaboration on Critical Infrastructure

MCLEAN, Va. & BEDFORD, Mass.--(BUSINESS WIRE)--

MITRE Engenuity to solve complex public challenges in cyber, 5G, and healthcare analytics

MITRE has launched a tech foundation to advance its mission of solving problems for a safer world by working with the private sector to strengthen critical infrastructure. The foundation provides MITRE a new pathway to work with industry, academia, and other organizations beyond its work with the federal government. MITRE Engenuity is a distinct, not-profit company with a separate board of directors and private funding.

“MITRE has a history of transforming cybersecurity standards, improving aviation safety, and advancing healthcare analytics through our operation of federal research and development centers,” said Jason Providakes, MITRE president and CEO. “Through MITRE Engenuity, we’re now applying our interdisciplinary expertise and resources to work with industry on complex, public interest challenges so that we can have greater impact on shaping the future of our nation’s critical infrastructure.”

MITRE Engenuity will drive collaborative research and development for cyber defense building on MITRE’s ATT&CK™ knowledge base and develop and invest in other areas such as encryption solutions and standards to enhance the resilience and integrity of 5G networks. MITRE Engenuity will also apply data analytics to improve healthcare effectiveness, transportation safety and security, and other areas of critical infrastructure.

“Industry now funds two-thirds of national research and development investments, providing a clear imperative for MITRE’s collaboration with private industry,” said Laurie Giandomenico, MITRE Engenuity CEO. “MITRE Engenuity will work across the private sector on challenges that will enhance critical infrastructure and economic stability for everyone.”

MITRE Engenuity’s first initiative is the Center for Threat-Informed Defense, which brings innovative security teams from leading organizations to strengthen cyber defense based on a global understanding of cyber adversaries. The 13 founding participants include American Express, AttackIQ, Bank of America, Booz Allen Hamilton, Citi, Cyber Threat Alliance, Fujitsu, HCA Healthcare, JP Morgan Chase, Microsoft, Red Canary, Siemens, and US Bank.

MITRE Engenuity’s Board of Directors will be chaired by Mike Rogers, a renowned national security expert, former Congressman, and current vice chairman of MITRE’s Board of Trustees. Also joining the Engenuity Board of Directors are Bill Coleman, an operating executive at Carlyle Group focused on the global telecommunications, media, and technology sectors; and Julie Bowen, MITRE’s senior vice president for strategic engagements, general counsel, and corporate secretary.

About MITRE

MITRE’s mission-driven teams are dedicated to solving problems for a safer world. Through public-private partnerships, as well as the operation of federally funded R&D centers, we work across government to tackle challenges to the safety, stability, and well-being of our nation.

About MITRE Engenuity

MITRE Engenuity is a tech foundation that collaborates with the private sector on challenges that require a public interest solution, like cybersecurity, infrastructure resilience, healthcare effectiveness, and next generation communications. www.mitre-engenuity.org

View source version on businesswire.com: https://www.businesswire.com/news/home/20191112005847/en/