Apptega Launches CyberXchange, the First B2B ecommerce Marketplace Dedicated to Cybersecurity

Apptega, the leading platform helping companies easily automate cybersecurity and compliance programs, today is announcing the launch of CyberXchange, the first B2B ecommerce marketplace dedicated solely to cybersecurity and compliance. CyberXchange eliminates the ad hoc searching, guesswork and complexity of cybersecurity commerce by matching leading providers with buyers actively seeking solutions to address specific cybersecurity and compliance challenges - with unprecedented choice, visibility, and efficiencies.

CyberXchange’s underlying technology engine with AI, called Harmony, seamlessly maps the world’s leading cybersecurity products and services to over 10,000 categories and compliance standards giving organizations of all sizes a new ultra-efficient way to find and buy the products and services they need to counter the expanding and ever-evolving threat landscape.

“Implementing effective cybersecurity has become extremely complex, time-consuming and expensive for organizations of all sizes,” said Jason James, CIO of Net Health. “CyberXchange makes it easy for us to search and purchase the right solutions matched to our areas of need by addressing vendor redundancy and overlap while maximizing our cybersecurity investments, something every CIO and IT department struggles with. Any organization seeking to significantly improve the way they research, buy and implement cybersecurity should use CyberXchange.”

“Cybersecurity needs are quickly transforming and forward-looking security companies will need to offer products and services in new ways including a robust ecommerce channel,” said Thomas Donnelly, CIO at BetterCloud. “CyberXchange hits the mark in providing a marketplace for buyers who are increasingly comfortable using ecommerce platforms to solve complex problems. BetterCloud is delighted to partner with Apptega for its launch of CyberXchange to address these compliance needs for SaaS. SaaSOps is a key requirement to secure and manage SaaS applications at scale and consistently apply policies for use and data security.”

For more information, please attend CyberXchange’s launch event today (October 6th, 2020) at 2pm EDT/11am PDT: https://info.apptega.com/cx-launch

“Organizations of all sizes are facing new security challenges from their teams working remotely during the pandemic, extreme security staffing shortages, and too many cybersecurity product choices,” said Armistead Whitney, CEO of CyberXchange. “Compounding these challenges, there has been no easy way for IT buyers to shop for security products and services mapped to thousands of categories and compliance requirements like SOC 2, PCI, HIPAA, NIST, CMMC and GDPR. We’re really excited to debut CyberXchange today with an outstanding group of leading cybersecurity providers and emerging brands to make cybersecurity commerce easier for companies around the world.”

According to a recent PwC¹ study, 91 percent of all enterprises are following at least one cybersecurity framework, which mandates hundreds of requirements to quickly satisfy by sorting through a flood of 5,000+ disjointed security products and services currently on the market.

“One of the most challenging aspects of a CISO’s job is sorting through the hundreds of cybersecurity vendors flooding the market each year, trying to make sense of how a particular tool may fit into their unique security architecture and compliance frameworks. CyberXchange helps cut through the noise, alleviating the ever-growing vendor fatigue, allowing organizations to build a more secure and compliant cybersecurity program,” said Dino Boukouris, director of Momentum Cyber.

As the Department of Defense (DoD) starts mandating the new Cybersecurity Maturity Model Certification (CMMC) framework to an estimated 350,000 companies, CyberXchange includes a CMMC-dedicated marketplace with products and services mapped to each CMMC requirement. This means any DoD contractor or industry consultant can efficiently procure the solutions they need on CyberXchange to easily satisfy every CMMC requirement.

CyberXchange can be accessed at https://cyberxchange.apptega.com/ and is free and open to anyone. Users can search for any cybersecurity solution by category, framework or open search with immediate real-time filtering on a highly granular level. “Get Quote Now” functionality instantly connects buyers and providers in one click. Powerful analytics show how a solution maps to multiple cybersecurity categories and compliance standards at once, providing valuable insights and intelligence for vendor consolidation and overlap. CyberXchange is also offering a free premium membership service for users to save vendor lists, create company accounts for team collaboration, receive one-click quotes, access a library of 100+ policy templates and other benefits.

¹ PwC: The Global State of Information Security Survey 2018

About CyberXchange

CyberXchange from Apptega is the first B2B ecommerce marketplace dedicated to cybersecurity. CyberXchange connects organizations of all sizes with verified vendors and products that map to a desired cybersecurity framework or category to address the ever-changing threat landscape and solve compliance problems. Started in 2020, CyberXchange is based in Atlanta, GA and includes hundreds of solutions from top category leaders and emerging providers. For more information, visit: https://www.apptega.com/cyberxchange

About Apptega

Apptega helps organizations implement effective cybersecurity and compliance programs as they face expanding cyber-threats and regulatory mandates. With Apptega, organizations of all sizes, including Fortune 500 enterprises and Managed Security Service Providers (MSSPs), are meeting the challenges of cybersecurity and compliance. Apptega is at the intersection of simple user experiences and patent-pending technology, providing an innovative platform paired with industry frameworks to build, manage and report great cybersecurity. For more information, visit https://www.apptega.com/

View source version on businesswire.com: https://www.businesswire.com/news/home/20201006005414/en/