Cybeats Provides RSA Recap; Pioneering SBOM Management Automation
Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) recapped its participation at the RSA conference, held in San Francisco from May 6-9, 2024. The event emphasized the need for proactive tools to automate and accelerate cyber threat identification, prioritization, and remediation. Cybeats showcased their SBOM Studio which streamlines these processes, making them more efficient.
During the event, Cybeats launched the 'BCA Marketplace,' a platform designed to simplify the purchasing process for Binary Composition Analysis and SBOM tools, ensuring rapid compliance with industry standards. The company also co-hosted its 3rd annual 'SBOM Meetup,' engaging with technology executives to discuss AI, security, and software transparency, leading to several commercial leads.
With regulatory bodies like CISA, NIST, FDA, and the EU driving market needs, Cybeats believes it is well-positioned to meet these challenges and anticipates high demand for its innovative solutions.
- Successful participation at RSA conference generates significant product leads.
- Launch of 'BCA Marketplace' simplifies purchasing of BCA and SBOM tools.
- Simplified compliance process with ready-made regulatory compliance SBOMs.
- Effortless integration of SBOMs improves efficiency without complex setups.
- Continuation of annual 'SBOM Meetup' fosters industry connections and leads.
- AI and ML leveraged for enhanced cybersecurity solutions.
- High market demand anticipated due to regulatory pressures from CISA, NIST, FDA, and EU.
- The press release does not provide specific financial data or growth metrics to substantiate claims of high demand.
- Potential reliance on success at conferences, which may not translate into sustained sales.
Toronto, Ontario--(Newsfile Corp. - May 15, 2024) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company"), a company bringing industry-leading cybersecurity technology to the global market, is pleased to provide a recap its attendance of the RSA conference - one of the largest cybersecurity events worldwide - held in San Francisco from May 6-9.[1]
This year's RSA Conference emphasized the need for proactive tools that automate and accelerate the identification of cyber threats, enabling quicker prioritization and remediation efforts. By streamlining and automating the prioritization and remediation processes, and moving away from the cumbersome use of multiple spreadsheets, SBOM Studio empowers customers to understand and address security risks more efficiently.
"Building on the success of our attendance at previous RSA events, which generated significant product leads and sales, we anticipate high demand following this year's conference. As regulatory bodies such as CISA, NIST, FDA, and the EU drive escalating market needs, Cybeats is strategically positioned to provide innovative solutions that address these evolving challenges," said Justin Leger, CEO of Cybeats.
Launch of the 'BCA Marketplace' - May 6, 2024
At RSA, Cybeats unveiled its new 'BCA Marketplace,' a platform designed to aggregate leading Binary Composition Analysis (BCA) and SBOM vendors. This marketplace simplifies the purchasing process for organizations, offering high-quality cybersecurity and SBOM generation tools in a centralized location. Highlights of the 'BCA Marketplace' include:
- Instant Results: Generate high-quality SBOMs in minutes
- Ready-Made Regulatory Compliance: SBOMs generated through the BCA Marketplace meet industry standards, accelerating compliance
- Seamless Integration: Effortlessly generate SBOMs, improving compliance and efficiency without complex requiring complex integration or technical expertise
Cybeats' 3rd Annual 'SBOM Meetup'
During the RSA Conference, Cybeats co-hosted its third annual 'SBOM Meetup' event, engaging with executives from leading technology companies in discussions about AI, security, software transparency, and more. Historically, Cybeats has secured several commercial leads following RSA, and this year was no exception. The company continues to expand its pipeline of organizations seeking robust solutions for storing, enriching, and distributing Software Bill of Materials (SBOM) at scale. Attending RSA Conference 2024 underscored the importance of continuous adaptation in the cybersecurity landscape, particularly in leveraging AI and ML in a world increasingly focused on SBOM and software transparency.
About Cybeats
Cybeats is a cybersecurity company providing 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.
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/209251
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