EXUS through its R&D Department EXUS AI Labs Coordinates and participates as a technical partner in ENCRYPT project, funded by the European Union’s Research and Innovation Framework Programme Horizon Europe, with a duration of three years (July 2022 - June 2025).
The project’s main goal is to address challenges related to existing Privacy Preserving technologies, thus providing researchers and service providers working with personal and other sensitive data, with a scalable, practical, adaptable privacy-preserving framework facilitating the GDPR-compliant processing of such data stored in federated cross-border data spaces. Within this framework, a recommendation engine for citizens and end-users will be developed, providing them with personalised suggestions on privacy preserving technologies depending on the sensitivity of data and the accepted trade-off between the degree of security and the overall system performance.
14 partners from 8 countries have formed an interdisciplinary consortium, covering the value chain for privacy-preserving computation technologies, and they will work together for the next 32 months to realise ENCRYPT offer.
Besides having the role of the Project’s coordinator, EXUS in ENCRYPT develops an AI-driven recommendation engine able to support stakeholders to select the most effective combination of cybersecurity and privacy-preserving solutions based on the use-case requirements considering in parallel the overall system’s performance and complexity. In addition, EXUS is technically leading one of the project’s use case in the Fintech domain with the Bank of Epirus as the end-user supporting different implementation scenarios. More specifically, EXUS AI labs is tailoring its AI models running in the core of its commercial product EFS to support the ENCRYPT privacy preservation framework to be developed in ENCRYPT, safeguarding the privacy and security of the sensitive data of its clients.