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Cybeats Unveils New Product at RSAC 2024; The First-Ever 'BCA Marketplace' Offers a Hub for Leading Cybersecurity SolutionsTORONTO, May 6, 2024 /PRNewswire/ - Cybeats Technologies Corp. ("Cybeats'' or the "Company") (CSE: CYBT) (OTCQB: CYBCF) is pleased to unveil its new BCA Marketplace1 (the "Marketplace"), a product designed to aggregate leading 'Binary Composition Analysis' (BCA) and Software Bill of Materials (SBOM) vendors. This marketplace simplifies the purchasing process for organizations, offering high-quality SBOM generation tools in one centralized location. The Company officially launches the offering at RSAC 2024, and will be celebrating the announcement by co-sponsoring the 3rd Annual RSA SBOM Meetup on May 6, 2024. This first-ever community of leading BCA vendors, starting with CodeSecure2 who has already joined the Marketplace, will help users to fast-track their compliance. The addition of Cybeats' second product, on top of SBOM Studio, also provides the opportunity to strengthen industry ties with leading cybersecurity vendors and mutually benefit from streamlined access to customer needs.3 "Our new BCA Marketplace is a true one-stop shop for SBOM generation tools that strengthen the organizational capabilities and efficiencies for managing security risks. We're bringing the leading vendors together onto our unified technology platform, so that we can provide customers instantaneous access with superior product selection. Gone are the days of waiting weeks for quality SBOM generation. The marketplace facilitates the generation of high-quality SBOMs in minutes, for streamlined security operations and enhanced regulatory compliance," said Dmitry Raidman, CTO, Cybeats.
Building a More Secure Future, Together Cybeats' BCA Marketplace unites industry-leading vendors, in order to empower organizations with a single, frictionless platform that provides democratized access to advanced software security solutions. Some highlights of the first-ever BCA Marketplace include:
"The world of SBOMs is rapidly maturing including the need for SBOMs generated from Post-Production Applications. Security professionals deserve and now expect easy access to SBOM generation, and we're excited to partner with Cybeats to make achieving compliance as easy as possible for our customers." said Vince Arneja, CPO at CodeSecure. "For SBOMs to be an effective mechanism for aiding in the security of the software supply chain at scale, they must be operationalized, and integrated into daily operations, existing tools, and security ecosystems. Solutions like Cybeats BCA Marketplace can help organizations establish a holistic, efficient, and quality-driven approach to SBOM generation and management. Cooperative approaches such as this can help solve a long-standing need for security practitioners - ultimately leading to a more secure software supply chain," said Katie Norton, Research Manager, DevSecOps and Software Supply Chain Security at IDC New EU Regulation, Increased Need for SBOMs New January 2024 cybersecurity regulation by the European Union's (EU) Cyber Resilience Act (CRA) puts forth that failing to comply with Software Bill of Materials ("SBOM") reporting could lead to a €15 million administrative fine or 2.5% of an organization's gross sales, whichever is higher.4 This enhanced oversight by the EU increases the need for SBOM, and for solutions that facilitate compliance with these new requirements.5 This new CRA covers all products with software as well with a direct or indirect connection to a device or network, which includes standalone software as well as Internet of Things (IoT), operational technology, or other tangible devices, such as televisions, laptops, baby monitors, etc., for both enterprises and consumers. To generate your first SBOM on the marketplace, please visit: https://cybeats.com/BCAmarketplace To become a vendor on the marketplace, please email: [email protected]
About Cybeats SUBSCRIBE: For more information, or to subscribe to the Company's mail list, visit: https://www.cybeats.com/investors Forward-looking Information Cautionary Statement View original content to download multimedia:https://www.prnewswire.com/news-releases/cybeats-unveils-new-product-at-rsac-2024-the-first-ever-bca-marketplace-offers-a-hub-for-leading-cybersecurity-solutions-302136693.html SOURCE Cybeats Technologies Corp. |