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Friday, Apr 18, 2025
Mugglehead Investment Magazine
Alternative investment news based in Vancouver, B.C.
risk mitigation
risk mitigation
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Cyber Security

Scryb collaborates with Cybeats cybersecurity on cyber risk mitigation platform

Cybeats’ supply chain security software, SBOM Studio, will be available through Veracode Partners

Scryb (CSE:SCYB) (OTCQB:SCYRF) joins forces with global application security testing solution provider, Cybeats cybersecurity and Veracode, to ensure customers get the best possible cybersecurity and risk mitigation protection available.

Cybeats’ supply chain security software, SBOM Studio, will be available through Veracode Partners. A software bill of materials (SBOM) can be generated using the Veracode Continuous Software Security Platform. It can then be used to enhanced software security by offering an inventory of the third party components within an application.

“As a Veracode Elite Technology Alliance Partner, Cybeats brings additional expert solutions to the frictionless developer experience already offered by our Continuous Software Security Platform. By 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,” said Laurie Haley, vice president of strategic alliances at Veracode.

Scryb is a platform that provides applied intelligence, real time analytics and insights directly to businesses. The cloud based platform uses sensor technology, internet-of-things sensors, predictive analytics and computer vision. The platform is also adaptable across diverse markets. Industries that use the technology include digital health and diagnostics to cybersecurity and manufacturing.

In contrast, Cybeats is a software supply chain intelligence tech provider that helps companies with risk mitigation, meet compliance and get software from procurement. Cybeats’ platform gives customers the ability to see their product supply chain and discover and resolve inefficiencies and revenue.

Read more: Google Cloud and Mandiant join forces to fight cyber crime

Read more: Duck Creek Technologies opens up the power of the cloud for insurance companies

Risk mitigation in the cloud

Veracode will provide the advice and assistance for its customers around the release of SBOM Studio. Also, the partnership angles to allow both companies to continue growing in the cybersecurity market.  As a result, the companies’ joint customers will be able acquire, develop and deploy secure software, all while mitigating security breach risk.

“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 enabling our customers to align with the SBOM market needs and seamlessly support practices mentioned in SSDF NIST 800-218 framework without increasing the overhead on their development and product security teams.” said Dmitry Raidman, CTO, Cybeats

Veracode delivers cloud native solutions that give its partners the ability to onboard quickly. This lets companies move app security to the cloud. The partnership will give Veracode easy integration with the full breadth of Cybeats software solutions into their customers’ environments.

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