CYBT

Cybeats Provides Corporate Update; Significant Commercial Delivery and Strategic Positioning to Capitalize on Sector Growth

Retrieved on: 
金曜日, 5月 3, 2024
Industrial control system, ARR, ICS, Food, MDM, SBOM, CYBT, White, Organization, Growth, Gartner, Medical device

Both industry regulators and global organizations recognize the essential need to increase software transparency.

Key Points: 
  • Both industry regulators and global organizations recognize the essential need to increase software transparency.
  • SBOM Studio offers the world's most compelling SBOM solution that addresses urgent cybersecurity challenges and operational demands," said Justin Leger, CEO, Cybeats.
  • Stay tuned for significant product announcements that we are excited to bring to market," said Dmitry Raidman, CTO, Cybeats.
  • As a result, Cybeats has engaged a strategic advisor to explore corporate opportunities, including potential sector consolidation.

Cybeats Announces Cyber Contract with U.S. Electrical Grid Provider

Retrieved on: 
火曜日, 4月 30, 2024
Language, PCAST, Safety, ICS, IACS, Software, SBOM, Blog, Software as a service, CYBT, Automation, NERC, ISA, Growth, Medical device

Cybeats has already secured four of the global top 10 ICS providers, but given the enhanced regulatory pressures on U.S. critical infrastructure, the ICS sector remains the largest market opportunity with the highest demand for Cybeats' technology.

Key Points: 
  • Cybeats has already secured four of the global top 10 ICS providers, but given the enhanced regulatory pressures on U.S. critical infrastructure, the ICS sector remains the largest market opportunity with the highest demand for Cybeats' technology.
  • SBOM Studio1 revolutionizes how companies handle vulnerabilities and provides automated solutions for enhanced management of product and organizational risk.
  • "The ICS sector presents an immense opportunity for our growth, driven by a surge in regulatory focus on software transparency through SBOM.
  • SBOM Studio offers a comprehensive solution that addresses the industry's urgent cybersecurity challenges and operational demands, " said Justin Leger, CEO, Cybeats.

Cybeats Positioned to Benefit from New EU Regulation; €15M Fines Under Cyber Resilience Act Drive Urgency for SBOM Compliance

Retrieved on: 
水曜日, 4月 17, 2024
FDA, Internet of things, CRA, Part, Food, Software, SBOM, CYBT, RTA, ROW, Risk assessment, Organization, Fortune 500, Medical device

TORONTO, April 17, 2024 /PRNewswire/ - Cybeats Technologies Corp. ("Cybeats'' or the "Company") (CSE: CYBT) (OTCQB: CYBCF), a company offering industry-leading cybersecurity technology, is pleased to provide an update on new cybersecurity regulation by the European Union's ("EU") Cyber Resilience Act ("CRA" or "Act"), which positions Cybeats to benefit from the enforcement of SBOM requirements.

Key Points: 
  • TORONTO, April 17, 2024 /PRNewswire/ - Cybeats Technologies Corp. ("Cybeats'' or the "Company") (CSE: CYBT) (OTCQB: CYBCF), a company offering industry-leading cybersecurity technology, is pleased to provide an update on new cybersecurity regulation by the European Union's ("EU") Cyber Resilience Act ("CRA" or "Act"), which positions Cybeats to benefit from the enforcement of SBOM requirements.
  • As seen with FDA mandates on SBOM, the EU and ROW are following suit with widespread SBOM oversight and severe penalties in some cases.
  • Regulations on SBOM are here to stay," said Justin Leger, CEO, Cybeats.
  • The FDA's Refuse-to-Accept ("RTA") authority emphasizes the growing significance of SBOM management solutions like SBOM Studio.

Cybeats Partners with Health-ISAC, a Global Healthcare Cyber & Physical Security Organization, to Deliver Joint Commercial Solution, 'Health-ISAC SBOM Studio'

Retrieved on: 
月曜日, 11月 27, 2023
CSE, Organization, Food, MDM, Artifact, Partner, FDA, CYBT, Exchange, SBOM, Medical device, RTA, Risk assessment, Partnership, HDOS, VEX, FD

The Health-ISAC membership includes over 700 healthcare providers, pharmaceutical companies, and MDMs from around the globe, who are actively committed to defending against cyber threats in healthcare.

Key Points: 
  • The Health-ISAC membership includes over 700 healthcare providers, pharmaceutical companies, and MDMs from around the globe, who are actively committed to defending against cyber threats in healthcare.
  • The partnership will offer 'H-ISAC SBOM Studio' to H-ISAC members and the broader healthcare community, who are facing increasing regulations on cybersecurity and the adoption of SBOM.
  • We're excited to strengthen our ties with the healthcare sector and are enthusiastic about the commercial opportunity this represents," said Justin Leger, CEO of Cybeats.
  • The joint solution between Health-ISAC and Cybeats allows MDMs to upload and share SBOMs and Vulnerability Exploitability eXchange (VEX)4 security artifacts.

Cybeats Highlights Favorable U.S. Cyber Policy, Executive Orders and Industry Advancement; White House Features Cybeats in Recent Release

Retrieved on: 
火曜日, 11月 7, 2023
Internet of things, FDA, Nation, Policy, Food, NIST, Medical device, White House, Life, MDM, Executive order, Regulation of tobacco by the U.S. Food and Drug Administration, Federal Food, Drug, and Cosmetic Act, Administration, CSE, Artificial intelligence, CYBT, ETSI, FD, Ecosystem, Risk assessment, White, RTA, Privacy, Federal, Safety, AI, CISA, SBOM, EU

A U.S. White House statement released on October 31, 2023 followed a White House Executive Order on artificial intelligence ("AI"), that included novel software inventory requirements on AI.

Key Points: 
  • A U.S. White House statement released on October 31, 2023 followed a White House Executive Order on artificial intelligence ("AI"), that included novel software inventory requirements on AI.
  • This statement featured Cybeats as part of an innovative industry coalition in support of the White House on this new AI Executive order.1
    "At Cybeats, we've been dedicated to creating a solution for companies to manage the economic and security challenges of adopting SBOMs," said Dmitry Raidman, CTO, Cybeats.
  • "From the early days of our involvement with shaping SBOM standards, to now leading the SBOM management market, we're quite proud.
  • The FDA's Refuse-to-Accept ("RTA") authority as of March 29, 2023 emphasizes the significance of SBOM management solutions like SBOM Studio.

Cybeats Appoints Justin Leger, Seasoned Business Leader from Private, Public and National Defence Sectors, as new CEO

Retrieved on: 
水曜日, 11月 1, 2023
Canadian Special Operations Forces Command, Business performance management, SR, Special operations, MBA, CSE, Justin, Command, CYBT, Special forces, United States special operations forces, G7, SBOM, Communication, Fortune 500, Management

He formerly served in the Special Operations Forces, and at Maximus Canada as Sr. Director of Business Performance.

Key Points: 
  • He formerly served in the Special Operations Forces, and at Maximus Canada as Sr. Director of Business Performance.
  • Cybeats is at its commercial inflection point, and well-positioned to capitalize on strong regulatory market tailwinds and an expanding revenue opportunity," said Justin Leger, CEO, Cybeats.
  • Mr. Leger will assume the CEO role from his previous position of Chief Operating Officer at Cybeats, held since March 2022.
  • Having worked closely with Cybeats' technology and commercial divisions, he is well equipped to assume the CEO role to drive sales performance and business outcomes.

Cybeats Partners with CodeSecure to Automate Software Supply Chain Security Management

Retrieved on: 
火曜日, 10月 17, 2023
Software, Technology, Supply Chain Management, Apps, Applications, Logistics, Transport, Retail, Security, Partnership, OTCQB, Application, Industrial control system, Intelligence, SBOM, CYBT, SIOS Technology Corp., BSCA, Telecom, CMO, CSE, GrammaTech, Log4j, Risk management

Cybeats Technologies Corp. (“Cybeats'' or the “Company”) (CSE: CYBT, OTCQB: CYBCF) and CodeSecure , formerly the products division of GrammaTech and a leading provider of application security testing products, today announced a technology partnership to help customers proactively monitor and remediate software supply chain security threats.

Key Points: 
  • Cybeats Technologies Corp. (“Cybeats'' or the “Company”) (CSE: CYBT, OTCQB: CYBCF) and CodeSecure , formerly the products division of GrammaTech and a leading provider of application security testing products, today announced a technology partnership to help customers proactively monitor and remediate software supply chain security threats.
  • Gartner® estimates that 40% to 80% of the lines of code in new software projects come from third parties.
  • “Together Cybeats Studio and CodeSentry enable customers to detect, manage and remediate security vulnerabilities in open source components to help prevent and better respond to software supply chain attacks like Log4j,” said Andrew Meyer, CMO, CodeSecure.
  • GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission.

Cybeats Partners with CodeSecure to Automate Software Supply Chain Security Management

Retrieved on: 
火曜日, 10月 17, 2023
Partnership, Industrial control system, Intelligence, Transport, SBOM, CYBT, Software supply chain, BSCA, Telecom, CMO, CSE, GrammaTech, Log4j, Research, Risk management

Cybeats SBOM Studio and CodeSentry enable customers to gather, centralize and operationalize intelligence from Software Bill of Materials (SBOMs)

Key Points: 
  • Cybeats SBOM Studio and CodeSentry enable customers to gather, centralize and operationalize intelligence from Software Bill of Materials (SBOMs)
    TORONTO, Oct. 17, 2023 /PRNewswire/ - Cybeats Technologies Corp. ("Cybeats'' or the "Company") (CSE: CYBT) (OTCQB: CYBCF) and CodeSecure , formerly the products division of GrammaTech and a leading provider of application security testing products, today announced a technology partnership to help customers proactively monitor and remediate software supply chain security threats.
  • According to industry sources, reused code is prevalent in virtually all software products.
  • For example, research firm Gartner, Inc. estimates that 40% to 80% of the lines of code in new software projects come from third parties.
  • "Together Cybeats Studio and CodeSentry enable customers to detect, manage and remediate security vulnerabilities in open source components to help prevent and better respond to software supply chain attacks like Log4j," said Andrew Meyer, CMO, CodeSecure.

Cybeats Announces Engagement with Global 'Smart Manufacturing' Leader; Provides Commercial Update Highlighting 237% MRR Growth

Retrieved on: 
月曜日, 10月 16, 2023
Industrial control system, Software as a service, Traction, Automation, SBOM, CYBT, MRR, Growth, ICS, CSE, Video game

Cybeats has achieved 237% growth in MRR growth from January 20234, and over 25% of clients have increased their contract size organically, illustrating increased product usage and demand.

Key Points: 
  • Cybeats has achieved 237% growth in MRR growth from January 20234, and over 25% of clients have increased their contract size organically, illustrating increased product usage and demand.
  • "SBOM Studio anticipated market and regulatory trends, and services markets universally.
  • Following accelerated cybersecurity and SBOM regulations6, Cybeats is poised for growth beyond its core target verticals, such as in the telecom industry."
  • Pilot conversion rate -  Approximately 85% of pilot evaluations have converted to license agreements, up from 75% in January 20238
    Client profile - Over 78% of SBOM Studio clients are Fortune 500 companies9.

Cybeats Announces SBOM Studio Licence Renewal with Bullish, A Technology Company That Operates the Regulated Cryptocurrency Trading Platform: Bullish Exchange

Retrieved on: 
木曜日, 9月 7, 2023
Partnership, CSE, CYBT, DLT, CLOB, SBOM, Organization, Safety, Software, Cryptocurrency

SBOM Studio delivers comprehensive software supply chain intelligence technology, empowering Bullish to effectively manage SBOMs and proactively address cyber risks, demonstrating their commitment to the safety of their products and customer assets.

Key Points: 
  • SBOM Studio delivers comprehensive software supply chain intelligence technology, empowering Bullish to effectively manage SBOMs and proactively address cyber risks, demonstrating their commitment to the safety of their products and customer assets.
  • "Our renewed partnership with Bullish highlights the role of SBOM Studio for enhancing cybersecurity measures within the digital financial landscape.
  • Bullish exchange is operated by Bullish (GI) Limited and is regulated by the Gibraltar Financial Services Commission (GFSC) (DLT license: FSC1038FSA).
  • For more information on the Bullish exchange, please visit bullish.com and follow Twitter and LinkedIn .