Deakin University has joined forces with Dimension Data to establish a cybersecurity accelerator in Melbourne.

Deakin University and Dimension Data, a South Africa-based ICT subsidiary of telecoms firm Nippon Telegraph and Telephone Communications, have co-launched a cybersecurity accelerator, according to ZDNet.

The six-month program, known as CyRise, will launch in September and will be based at the Teamsquare co-working space in Melbourne.

Five cybersecurity startups from across the broader Asia Pacific region will take part. They will meet mentors, be granted access to co-working space and receive A$50,000 ($40,000) under a capped arrangement called Simple…