Welcome to our dedicated page for CYBEATS TECHNOLOGIES news (Ticker: CYBCF), a resource for investors and traders seeking the latest updates and insights on CYBEATS TECHNOLOGIES stock.
Cybeats Technologies Corp. (CYBCF) is a global leader in cybersecurity technology, offering industry-leading solutions in SBOM management and software supply chain intelligence. The company recently announced its inclusion in the 'Secure by Design' initiative by the U.S. Cybersecurity and Infrastructure Security Agency (CISA), highlighting its commitment to enhancing security standards across various tech sectors. With a focus on securing enterprise software realms, Cybeats is at the forefront of promoting secure configurations and transparency in software supply chains. Their innovative platform provides customers with visibility and transparency into their software supply chain, empowering them to manage risk, ensure compliance, and secure their software throughout its lifecycle.Cybeats Technologies provided an update regarding its default status as per the National Policy 12-203 guidelines. The company confirmed it had not filed its 2023 annual financial statements and related documents by the April 29, 2024 deadline. Cybeats anticipates completing these filings before June 30, 2024. The company will continue bi-weekly updates until compliance is achieved. If the documents are not filed by this date, the Canadian Securities Regulatory Authorities may impose a cease trade order on Cybeats' securities. No other material changes were reported.
Cybeats Technologies Corp. unveils their new BCA Marketplace at RSAC 2024, a hub for leading cybersecurity solutions. The Marketplace aims to simplify the purchasing process for organizations by offering high-quality SBOM generation tools in one centralized location. This initiative will help users fast-track compliance with leading BCA vendors joining the community. Cybeats also introduces a second product to strengthen ties with cybersecurity vendors and streamline access to customer needs.
Cybeats Technologies Corp. provides a corporate update showcasing significant commercial delivery and strategic positioning to capitalize on sector growth. The company has achieved 100% client retention, 144% net revenue retention, 322% revenue growth to $2.1M ARR, zero client churn, and high conversion rates on pilot projects. Cybeats has secured top clients in ICS, medical device manufacturing, and the EU telecom market. The SBOM Studio product offers a comprehensive solution to address cybersecurity challenges and operational demands, revolutionizing vulnerability handling for modern applications.
Cybeats Technologies Corp. announces that it has been granted a management cease trade order (MCTO) by the Ontario Securities Commission due to the delay in filing its annual audited financial statements. The company expects to file the required documents by June 30, 2024, and will issue bi-weekly default status reports until then. Cybeats confirms its compliance with alternative information guidelines and that it is not undergoing insolvency proceedings.
Cybeats Technologies Corp. announces a SaaS agreement with a major U.S. electrical infrastructure company, expanding its presence in the critical infrastructure sector. The deal highlights the increasing demand for cybersecurity solutions in the ICS industry, driven by regulatory pressures on U.S. critical infrastructure. Cybeats' SBOM Studio offers advanced vulnerability management solutions, addressing urgent cybersecurity challenges and compliance requirements in the industry.
FAQ
What is the current stock price of CYBEATS TECHNOLOGIES (CYBCF)?
What is the market cap of CYBEATS TECHNOLOGIES (CYBCF)?
What is Cybeats Technologies Corp. known for?
What recent initiative has Cybeats Technologies Corp. been included in?
How does Cybeats' platform benefit customers?
What sets Cybeats Technologies Corp. apart in the cybersecurity industry?
What makes Cybeats Technologies Corp. a trusted partner for its clients?
