T. Rowe Price Sponsors Local Cybersecurity Programs to Grow Baltimore's Cybersecurity Workforce

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T. Rowe Price Sponsors Local Cybersecurity Programs to Grow Baltimore's Cybersecurity Workforce

University of Maryland, Baltimore County and Loyola Blakefield Receive Donations to Cybersecurity Programs to Further STEM Education and Research
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Tuesday, February 6, 2018 - 11:30am

CAMPAIGN: Conducting Business Responsibly

CONTENT: Press Release

News

February 6, 2018 /3BL Media/ - T. Rowe Price Group (NASDAQ-GS: TROW) announced today that the firm’s information security team made financial contributions to two local cybersecurity programs in an effort to support science, technology, engineering and mathematics (STEM) education and research specifically in cybersecurity. University of Maryland, Baltimore County (UMBC) Center for Cybersecurity received $60,000 and Loyola Blakefield received $25,000.

Supporting a local high school as well as a university is another way T. Rowe Price is working to develop and expand the pipeline of talent in the cybersecurity workforce. The partnership with these two Baltimore institutions, which go beyond the financial contributions, will support the development of local talent. T. Rowe Price will be offering Baltimore-based internship and shadowing opportunities to students as well guest lectures on technical topics and career development.  

Specifically, T. Rowe Price’s donation to UMBC will support a graduate student working on research relevant to cybersecurity in financial services and will also support undergraduate cybersecurity students through UMBC’s Cyber Scholars Program. The donation to Loyola Blakefield will assist in growing their Cyber Science Informatics initiative which was created five years ago.

Quotes

Tom Quinn, Head of Information Security, T. Rowe Price

“The shortage of qualified cybersecurity candidates is increasing and by providing financial support for cyber education we can expand the pipeline of knowledgeable students interested in entering the profession.

“We have built a strong partnership with UMBC over the past few decades that has provided us a robust talent pipeline for the firm. We currently have over 200 associates who are UMBC alumni. And we are excited to strengthen our partnership with Loyola Blakefield, where student are discovering the vital roles they can perform within the industry and providing them the necessary experience to succeed.”

Anupam Joshi, Director of the Center for Cybersecurity and chair of computer science and electrical engineering, UMBC

“We are delighted to be working with T. Rowe Price. This new collaboration with T. Rowe Price’s security team will support UMBC’s efforts to cultivate new cyber talent, increase diversity in the field, and provide great opportunities for our students to be exposed to cybersecurity in financial services while preparing them for promising careers protecting critical infrastructure.”

Steve Morrill, Director of Technology, Loyola Blakefield

“Having T. Rowe as a cornerstone partner provides our students an opportunity to test-drive careers and gain a more direct perspective on cybersecurity’s ever more vital role in the financial world. The partnership is fueling a talent pipeline that has exciting careers at the other end, and we could not be more thrilled to be working with T. Rowe on this critical initiative.”

About UMBC Center for Cybersecurity

The UMBC Center for Cybersecurity is an interdisciplinary university center that unifies UMBC’s many cybersecurity capabilities. The Center aims to provide both Maryland and the nation with academic and research leadership, collaboration, innovation, and outreach in this critical discipline by streamlining its academic, research, workforce development, and technology incubation activities to advance UMBC’s position as a leading research university in cybersecurity-related disciplines. More information can be found: www.cybersecurity.umbc.edu

About Loyola Blakefield

Loyola Blakefield is a Catholic, Jesuit, college preparatory school founded in 1852, for boys in grades six through twelve located in Towson, Maryland. Loyola Blakefield offers a challenging college preparatory curriculum that provides a broad range of major course offerings including honors and advanced placement courses, complemented by a selection of enriching electives and co-curricular activities.

The Cyber Science program at Loyola Blakefield provides students with industry-caliber skills required by today’s fastest growing employers and offers them the most advanced opportunities to apply those skills in the classroom. The program further enables students to test drive their future careers and understand (in high school) the long-term meaning of their college selection and major life choices. More information can be found: www.loyolablakefield.org/page/Academics/Cyber-Science 

About T. Rowe Price

Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. (troweprice.com), is a global investment management organization with $991 billion in assets under management as of December 31, 2017. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers sophisticated investment planning and guidance tools. T. Rowe Price’s disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.

Public Relations Contact:

Briana Wessell

410-577-8025 

briana_wessell@troweprice.com