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Scryb (CSE:SCYB) strengthens public-sector cybersecurity sales channels; signs agreement with advisor to Government of Canada

Technology
CSE:SCYB
15 July 2022 09:15 (EDT)
Scryb Inc. - CEO, Yoav Raiter

Source: BNN Bloomberg

Scryb (SCYB) has signed an agreement with a leading cybersecurity firm and advisor to the Government of Canada on SBOM (Software Bill of Materials),

The agreement also includes software supply chain security and support for the commercial distribution of Cybeats’ cybersecurity products within Canada and internationally.

Scryb’s Cybeats cybersecurity platform includes two product suites, which address IoT security and software supply chain markets.

One of its products, SBOM Studio, works to mitigate software supply chain risk and support organizations’ SBOM compliance, while improving operational efficiency and workflow.

“We are excited to partner with a cybersecurity solutions leader and trusted advisor to the Canadian Federal Government,” stated said Yoav Raiter, CEO, Cybeats.

“This agreement uniquely positions Cybeats to gain significant traction with the government, and apply its products within regulated software markets where compliance mandates are anticipated across multiple sectors in the near future,” he added.

The organization currently advises the Canadian Federal Government with regard to its open data, open source, and software supply chain security related practices.

An SBOM is a record of all software components that make up a product. It is a complete, formally structured list of components, libraries, and modules that are included in the software.

Cybeats delivers intelligent security applications for software supply chains and IoT connected devices, autonomously detecting and eliminating cyber risks from design to operation.

Scryb is a platform that powers businesses and technologies with applied intelligence, real-time analytics, and actionable insights.

Scryb Inc. opened trading at $0.105 per share.

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