Cybeats Announces Partnership with Veracode, a Leading Application Security Company

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TORONTO, September 28, 2022 /PRNewswire/ – Cybeats Technologies Inc., (“Cybeats” or the “Company”) a leading provider of software supply chain risk and security technologies announces a strategic partnership with Veracode, a leading global provider of application security testing solutions.

Cybeats Technologies Inc. (CNW Group/Cybeats Technologies Inc.)

The partnership will leverage complementary expertise to ensure customers receive the highest level of cybersecurity solutions. Cybeats’ software supply chain security product, SBOM Studio, will be available to customers through Veracode Partners, and the companies will explore joint business opportunities. Once generated within the Veracode Continuous Software Security Platform, a Software Bill of Materials (SBOM) can enable greater software security by providing a comprehensive inventory of third-party components used in an application. Cybeats SBOM Studio is an enterprise-class solution that helps companies understand and track third-party components that are an integral part of their own software.

Veracode will provide advice and guidance on the commercial deployment of SBOM Studio within its existing customer base. The partnership aims to allow both companies to continue to expand their existing presence in the global cybersecurity market. Through this alliance, joint enterprise customers will be able to maximize their technology investments and procure, develop and deploy secure software, while reducing the risk of security breaches resulting from weak links in their software supply chain.

“As a Veracode Elite Technology Alliance Partner, Cybeats brings additional expert solutions to the seamless development experience already offered by our Continuous Software Security Platform,” said Laurie Haleyvice president of strategic alliances at Veracode. “Complementing our existing software composition analysis capability, Cybeats’ integrated solutions will allow customers to maximize SBOM (Software Bill of Materials) utility and simplify their workflow for greater ROI.”

“We are honored to partner with Veracode to expand everyone’s presence in the global cybersecurity market. As cyber risk from software supply chain attacks continues to rise, deep visibility and universal transparency using SBOMS is necessary for resilient cybersecurity defense,” said Yoav RaiterCEO, Cybeats

“In this modern era of rapid development, the importance of time to market and automation is paramount. Together, Veracode and Cybeats offer a substantial contribution to enable our customers to align with market needs SBOM and seamlessly support the practices mentioned in SSDF NIST 800-218 without increasing the overhead of their development and product security teams,” said Dmitry RaidmanCTO, Cybeats

With a single, centralized platform providing complete visibility into vulnerabilities using all types of software security testing, Veracode provides one of the industry’s only cloud-native solutions that enables partners to integrate quickly and seamlessly, so businesses can safely move AppSec to the cloud. Thanks to this partnership, Veracode can easily integrate all of Cybeats’ software solutions into its customers’ environments. The Partner Program provides industry-leading solutions and services to get partners up and running immediately, with minimal impact to their existing business.

Cybeats Studio SBOM
SBOM Studio provides organizations with the ability to effectively manage SBOMs and software vulnerabilities, and provide proactive risk mitigation for their software supply chain. Key product features include robust software supply chain intelligence, universal SBOM document management and repository, continuous vulnerability, threat intelligence, accurate risk management, license breach and usage of open source software and a secure SBOM exchange with regulatory authorities, customers and suppliers, at a reduced cost. .

About Cybeats
Cybeats is a leading provider of software supply chain intelligence technologies, helping organizations manage risk, meet compliance, and secure software from sourcing, development, to release. operation. Our platform provides customers with deep visibility and universal transparency into their software supply chain, enabling them to increase operational efficiency and revenue. Cybeats. Made Certain software. Website: www.cybeats.com

Forward-looking information Disclaimer

Except for statements of historical fact, this press release contains certain “forward-looking information” within the meaning of applicable securities laws. Forward-looking information is often characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other words similar, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on opinions and estimates as of the date they are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially. those anticipated in the forward-looking statements. statements, including, but not limited to, delays or uncertainties with regulatory approvals, including that of CSE. There are inherent uncertainties in forward-looking information, including factors beyond the Company’s control. There can be no assurance that commercialization plans for the technology described in this press release will become effective on the terms or on the schedule described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, except as required by law. Readers are cautioned not to place undue reliance on forward-looking statements. Under the parent company, Scryb Inc., company filings are available at sedar.com.

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SOURCE Cybeats Technologies Inc.

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