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Cybeats Launches Commercial Partnership with Capyx to Expand into Belgium and Luxembourg Markets

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Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) has announced a commercial reseller agreement with Capyx, an IT services provider in Belgium. Capyx will act as a value-added reseller, offering Cybeats' SBOM Studio and vulnerability management services in Belgium and Luxembourg. This partnership aims to help organizations meet European regulations like NIS2, EU Cyber Resilience Act (CRA), and Digital Operational Resilience Act (DORA).

To celebrate Cybersecurity Awareness Month, Cybeats and Capyx will host the Cybeats x Capyx: SBOM Summit, Belgium 2024. The event will focus on software supply chain security, SBOM management, and compliance with European regulations. Cybeats recently launched 'SBOM Consumer', a new product for organizations to collect, analyze, and manage SBOMs, improving security practices in sectors like healthcare and utilities.

Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ha annunciato un accordo di rivendita commerciale con Capyx, un fornitore di servizi IT in Belgio. Capyx agirà come rivenditore a valore aggiunto, offrendo SBOM Studio e servizi di gestione delle vulnerabilità di Cybeats in Belgio e Lussemburgo. Questa partnership mira ad aiutare le organizzazioni a rispettare le regolamentazioni europee come NIS2, l'EU Cyber Resilience Act (CRA) e il Digital Operational Resilience Act (DORA).

Per celebrare il mese della consapevolezza sulla cybersicurezza, Cybeats e Capyx ospiteranno il Cybeats x Capyx: SBOM Summit, Belgio 2024. L'evento si concentrerà sulla sicurezza della filiera di approvvigionamento software, la gestione degli SBOM e la conformità alle normative europee. Cybeats ha recentemente lanciato 'SBOM Consumer', un nuovo prodotto per le organizzazioni per raccogliere, analizzare e gestire gli SBOM, migliorando le pratiche di sicurezza in settori come quello sanitario e dei servizi pubblici.

Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ha anunciado un acuerdo de reventa comercial con Capyx, un proveedor de servicios de TI en Bélgica. Capyx actuará como un revendedor de valor añadido, ofreciendo los servicios de SBOM Studio y gestión de vulnerabilidades de Cybeats en Bélgica y Luxemburgo. Esta asociación tiene como objetivo ayudar a las organizaciones a cumplir con las regulaciones europeas como NIS2, la Ley de Resiliencia Cibernética de la UE (CRA) y la Ley de Resiliencia Operativa Digital (DORA).

Para celebrar el Mes de Concienciación sobre la Ciberseguridad, Cybeats y Capyx organizarán el Cybeats x Capyx: SBOM Summit, Bélgica 2024. El evento se centrará en la seguridad de la cadena de suministro de software, la gestión de SBOM y el cumplimiento de las regulaciones europeas. Cybeats lanzó recientemente 'SBOM Consumer', un nuevo producto para que las organizaciones recojan, analicen y gestionen SBOMs, mejorando las prácticas de seguridad en sectores como la salud y los servicios públicos.

Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF)가 벨기에의 IT 서비스 제공업체 Capyx와 상업 대리점 계약을 체결했습니다. Capyx는 가치 추가 리셀러로 활동하며 Cybeats의 SBOM 스튜디오 및 취약점 관리 서비스를 벨기에와 룩셈부르크에서 제공합니다. 이 파트너십은 조직이 NIS2, EU 사이버 복원력 법(CRA), 디지털 운영 복원력 법(DORA)과 같은 유럽 규정을 준수하도록 돕는 것을 목표로 합니다.

사이버 보안 인식의 달을 기념하기 위해 Cybeats와 Capyx는 Cybeats x Capyx: SBOM 서밋, 벨기에 2024를 개최합니다. 이 행사는 소프트웨어 공급망 보안, SBOM 관리, 유럽 규정 준수에 초점을 맞출 것입니다. Cybeats는 최근 SBOM Consumer라는 새로운 제품을 출시하여 조직이 SBOM을 수집, 분석 및 관리하여 의료 및 유틸리티와 같은 분야에서 보안 관행을 개선할 수 있도록 합니다.

Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) a annoncé un accord de revente commerciale avec Capyx, un fournisseur de services informatiques en Belgique. Capyx agira en tant que revendeur à valeur ajoutée, proposant les services SBOM Studio et de gestion des vulnérabilités de Cybeats en Belgique et au Luxembourg. Ce partenariat vise à aider les organisations à respecter les réglementations européennes telles que NIS2, la Loi sur la Résilience Cybernétique de l'UE (CRA) et la Loi sur la Résilience Opérationnelle Numérique (DORA).

Pour célébrer le mois de la sensibilisation à la cybersécurité, Cybeats et Capyx organiseront le Cybeats x Capyx: Sommet SBOM, Belgique 2024. L'événement se concentrera sur la sécurité de la chaîne d'approvisionnement logicielle, la gestion des SBOM et la conformité aux réglementations européennes. Cybeats a récemment lancé 'SBOM Consumer', un nouveau produit permettant aux organisations de collecter, analyser et gérer les SBOM, améliorant ainsi les pratiques de sécurité dans des secteurs tels que la santé et les services publics.

Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) hat eine Handelsvertretervereinbarung mit Capyx bekannt gegeben, einem IT-Dienstleister in Belgien. Capyx wird als Mehrwertanbieter auftreten, der die SBOM Studio- und Schwachstellenmanagement-Dienste von Cybeats in Belgien und Luxemburg anbietet. Diese Partnerschaft zielt darauf ab, Organisationen bei der Einhaltung von europäischen Vorschriften wie NIS2, dem EU Cyber Resilience Act (CRA) und dem Digital Operational Resilience Act (DORA) zu unterstützen.

Zur Feier des Monats für Cybersecurity-Bewusstsein werden Cybeats und Capyx den Cybeats x Capyx: SBOM-Gipfel, Belgien 2024 veranstalten. Die Veranstaltung wird sich auf die Sicherheit der Software-Lieferkette, das SBOM-Management und die Einhaltung europäischer Vorschriften konzentrieren. Cybeats hat kürzlich 'SBOM Consumer' eingeführt, ein neues Produkt, mit dem Organisationen SBOMs sammeln, analysieren und verwalten können, um die Sicherheitspraktiken in Branchen wie dem Gesundheitswesen und Versorgungsunternehmen zu verbessern.

Positive
  • Commercial reseller agreement with Capyx expands Cybeats' presence in Belgium and Luxembourg markets
  • Partnership aims to help organizations meet European regulatory requirements
  • Launch of 'SBOM Consumer' product expands market opportunities
  • Hosting of Cybeats x Capyx: SBOM Summit, Belgium 2024 to provide insights on software supply chain security
Negative
  • None.

Toronto, Ontario--(Newsfile Corp. - October 1, 2024) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company"), a global leader in software supply chain security, is pleased to announce a commercial reseller agreement with Capyx, a leading provider of IT services based in Belgium.

Capyx will act as a value-added reseller, offering Cybeats' SBOM Studio and end-to-end vulnerability management services to both software product producers and consumers across Belgium and Luxembourg. This partnership will help organizations in these regions meet the stringent compliance requirements of European regulations such as NIS2[1], the EU Cyber Resilience Act (CRA)[2], and the Digital Operational Resilience Act (DORA)[3], with a focus on securing software supply chains.

Capyx will operate within the EU region, ensuring that all data remains compliant with regional data residency requirements. "Partnering with Capyx strengthens our ability to provide advanced SBOM solutions and enhance security for our clients while meeting evolving European regulatory demands," said Dmitry Raidman, CTO, Cybeats.

October is Cybersecurity Awareness Month, and in celebration of this, Cybeats and Capyx will host the Cybeats x Capyx: SBOM Summit, Belgium 2024.[4] This exclusive summit will provide cybersecurity leaders with critical insights into software supply chain security, SBOM management, and compliance with the latest European regulations, including NIS2, CRA, DORA, and the ETSI EN 303 645 standard for IoT security. The event will feature hands-on workshops, networking opportunities, and expert guidance on addressing these pressing challenges.

"Partnering with Cybeats is our next step in bringing solutions to enhance cybersecurity and protect our clients' critical assets," said Kurt Callewaert, Business Line Director of Cybersecurity, Capyx. "Together, we aim to innovate and strengthen our defenses against evolving threats in the digital landscape."

Blackberry research finds that companies are increasingly requesting SBOMs as proof of cybersecurity compliance, with 41% of companies demanding these inventories[5], highlighting the heightened focus on SBOM as a key tool for reducing security risks and ensuring compliance across software supply chains.

Cybeats recently launched 'SBOM Consumer', a new product that expands market opportunities by offering organizations of all sizes a streamlined way to collect, analyze, and manage SBOMs. The product improves security practices, particularly benefiting sectors like healthcare and utilities that heavily rely on third-party software.[6]

SBOM Studio enables organizations to manage third-party software risks and respond swiftly to software supply chain attacks. With the growing impact of regulations like the EU CRA[7], which can impose fines of up to €15 million[8] or 2.5% of an organization's gross sales for non-compliance, the need for software transparency and security is paramount.

About SBOM Studio

As the industry's first and leading SBOM manager, SBOM Studio identifies software supply chain risks in real time, tracks and manages software vulnerabilities, and helps ensure compliance with Executive Order 14028. In the past year alone, more than 75% of software supply chains were exposed to cyberattacks- and 40% of organizations took a month or longer to recover.[9] With the key benefits of vulnerability monitoring, automated risk analysis, and regulatory compliance, SBOM Studio helps its clients achieve improved cybersecurity outcomes, and serves a broad range of users in the software supply chain.[10] Learn more here about how Cybeats can help you to manage risk and meet evolving cyber regulatory requirements.

About Cybeats
Cybeats is a cybersecurity company providing Software Bill of Material (SBOM) management and software supply chain intelligence technology, helping organizations to manage risk, meet compliance requirements, and secure their software from procurement to development and operation. Our platform gives customers comprehensive visibility and transparency into their software supply chain, enabling them to improve operational efficiency and increase revenue. Cybeats. Software Made Certain. Website: https://cybeats.com.

About Capyx

Capyx is your partner in seamless IT modernization, empowering your business to thrive in a rapidly changing landscape. Fortify your future with cutting-edge cybersecurity solutions and unlock new potential through AI and data-driven insights. We don't just upgrade technology; we revolutionize possibilities, helping you transform, protect, and innovate with our expertise.

Contact :
Kurt Callewaert
Kurt.Callewaert@capyx.be
+32 473 34 04 65

SUBSCRIBE: For more information, or to subscribe to the Company's mail list, visit: https://www.cybeats.com/investors.

Contact:
James Van Staveren
Corporate Development
Phone: 1-888-713-SBOM (7266)
Email: ir@cybeats.com

Forward-Looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements 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 from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the commercialization plans for the products described in this news release will come into effect on the terms or time frame 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. The reader is cautioned not to place undue reliance on forward-looking statements. Company filings are available at sedarplus.ca.


[1]https://assets.kpmg.com/content/dam/kpmg/pl/pdf/2023/10/kpmg-network-and-information-security-directive-nis2.pdf.
[2] https://en.wikipedia.org/wiki/Cyber_Resilience_Act.
[3] https://www.ibm.com/topics/digital-operational-resilience-act.
[4] https://lu.ma/z0xxx6o7.
[5]https://www.blackberry.com/us/en/company/newsroom/press-releases/2024/software-supply-chain-attack-have-increased-financial-and-reputational-impacts-on-companies-globally-new-blackberry-research-reveals.
[6] https://www.newsfilecorp.com/release/223098/Cybeats-Launches-SBOM-Consumer-A-New-Product-for-Organizations-of-All-Sizes-Broadening-Market-Reach-and-Revenue-Opportunities.
[7]https://shorturl.at/jTUX5.
[8]https://www.allenovery.com/en-gb/global/blogs/tech-talk/the-eu-cyber-resilience-act-proposal-what-you-need-to-know#:~:text=Non%2Dcompliance%20with%20the%20essential,on%20the%20type%20of%20violation.
[9]https://www.blackberry.com/us/en/company/newsroom/press-releases/2024/software-supply-chain-attack-have-increased-financial-and-reputational-impacts-on-companies-globally-new-blackberry-research-reveals.
[10] https://www.cisa.gov/sbom.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225223

FAQ

What is the new commercial partnership announced by Cybeats Technologies (CYBCF)?

Cybeats Technologies (CYBCF) has announced a commercial reseller agreement with Capyx, an IT services provider based in Belgium. Capyx will act as a value-added reseller for Cybeats' SBOM Studio and vulnerability management services in Belgium and Luxembourg.

What European regulations does the Cybeats-Capyx partnership aim to address?

The partnership aims to help organizations meet European regulations such as NIS2, the EU Cyber Resilience Act (CRA), and the Digital Operational Resilience Act (DORA), with a focus on securing software supply chains.

What new product has Cybeats (CYBCF) recently launched?

Cybeats (CYBCF) has recently launched 'SBOM Consumer', a new product that offers organizations a streamlined way to collect, analyze, and manage Software Bills of Materials (SBOMs), improving security practices particularly in sectors like healthcare and utilities.

What event are Cybeats and Capyx hosting in 2024?

Cybeats and Capyx are hosting the Cybeats x Capyx: SBOM Summit, Belgium 2024. This summit will provide cybersecurity leaders with insights into software supply chain security, SBOM management, and compliance with the latest European regulations.

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