Analyst Callie Cox joins Jared Blikre to help investors find opportunities in a tough market on Wed, May 18 at 2pm ET.
Toronto, Ontario–(Newsfile Corp. – May 18, 2022) – Scryb Inc. (CSE: SCYB) (OTCQB: SCYRF) (FSE: EIY) ("Scryb'' or the "Company") is pleased to report on the signing of software evaluation licence agreement for Cybeats cybersecurity platform with a global leader in building technologies and security equipment that is renowned for its history of 'smart building' innovation.
The evaluation licence agreement is with a Fortune Global 500 multinational that has a team of over 100,000 working in more than 150 countries. The entity offers the world's largest portfolio of building technology, products, software, and services to the healthcare, school, data center, airport, stadium, manufacturing industries. The entity will trial the SBOM Studio product suite which provides software supply chain security solutions to manage vulnerabilities and mitigate cybersecurity risks across the enterprise.
"Managing software supply chain security needs of international technology leaders is exactly the type of engagement the Company is working towards. We are pleased with the advancements and the addition of many leading multinationals to our commercial pipeline. After winning a commercial contract with a large cryptocurrency exchange this week, the Cybeats team is pleased with its momentum and poised to continue to accelerate its commercial expansion," said Yoav Raiter, CEO, Scryb.
Cybeats recently won an annual contract with unlimited users for Cybeats SBOM Studio after a four-month sales cycle that included technical product demos, procurement processes, and a software evaluation trial deployment which commenced in February 2021.
Cybeats Smart Buildings Webinar
Cybeats recently hosted a live industry webinar 'Building Automation, Smart Buildings and Smart Cities': https://www.youtube.com/watch?v=6yzbQxELTJ4
The webinar panelists included Fred Gordy, Director of Cyber Security at Intelligent Buildings LLC , Andrew Kling, Industry Automation VP Cybersecurity and Product Security Officer at Schneider Electric and Dr. Andreas Kuehn, Senior Fellow at Observer Research Foundation America. The panel was moderated by Evgeniy Kharam, VP of Cybersecurity Solution Architecture.
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. An analogy for SBOM is the nutritional ingredients list found on everyday food products, such as a can of coke. A Coca Cola ingredient list includes information that can be used to gauge allergy risk, expiry dates, and other food safety information. Just as food products are mandated to provide this list to consumers, SBOM is quickly becoming a similar standard in the software industry.
The Whitehouse signed an executive order in May 2021 stipulating that all vendors responsible for supplying software to federal agencies must provide an SBOM. Organizations and governments are growing more aware of the importance of software supply chain security. Many regulations take effect in and around August 2022, and others are to follow thereafter. It is anticipated that SBOM will become a global standard across industries.
Cybeats SBOM Studio gives access to one-of-a-kind tools to manage SBOM needs and software vulnerabilities, and provides proactive mitigation of risks to their software supply chain. Key product features include:
SBOM document management and repository
Vulnerability, threat insights, risk management
Software license infringement alerts
SBOM exchange with regulatory authorities, at reduced cost
The Company is not making any expressed or explicit claims that the agreement discussed herein has, or will necessarily lead to, commercial engagements that involve commercial revenues for any Cybeats product lines or for Scryb Inc.
RECENT NEWS: Cybeats recently announced its first commercial contract for its SBOM Studio product suite with a billion-dollar cryptocurrency exchange. Read the full story: https://bit.ly/37XWJ1m
Cybeats delivers intelligent security applications for software supply chains and IoT connected devices, autonomously detecting and eliminating cyber risks from design to operation. Cybeats – Software Made Certain. Website: www.cybeats.com
SUBSCRIBE: For more information, or to SubScryb to the Company's mail list, visit: http://scryb.ai
Scryb is a platform that powers businesses and technologies with applied intelligence, real-time analytics, and actionable insights. The platform boasts proven adaptability across diverse markets, from digital health and diagnostics to cybersecurity and manufacturing. The cloud-based platform is composed of crucial elements including sensor technology, IoT, predictive analytics, and computer vision.
For more information, please visit our website at: http://scryb.ai
W. Clark Kent
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 technology 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. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company's filings with Canadian securities regulators, which filings are available at www.sedar.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/124457
High-quality items seldom go on sale. Grab them when they do.
The Oracle of Omaha knows how to beat inflation. So ride his coattails.
Keeping up the returns would be a neat trick in today’s market, as the main indexes are all steeply down for the year so far – with losses of 15% on the S&P 500 and 24% on the NASDAQ. For investors, then, the best strategy may just be to follow a winner. Billionaire investing legend George Soros is most definitely a winner. He’s built a portfolio worth billions, and had possibly the greatest bull run in hedge fund history, averaging 30% annualized returns for 30 years. Starting in 1992, when he
Investors instead looked at the massive declines in stocks over the first four months of 2022 and concluded that even with some reasons for worry, the downturn had been too fast. Both Upstart Holdings (NASDAQ: UPST) and Global-e Online (NASDAQ: GLBE) were up quite strongly on the day, and shareholders seem to be having a change of heart after having been extremely negative on the high-growth companies ' prospects recently. Shares of Upstart Holdings jumped 23% on Tuesday.
Cryptocurrency prices undermined by fears of recession. Tokens, which are supposed to reduce volatility, are collapsing.
In just two days, Chinese electric vehicle manufacturer Nio (NYSE: NIO) is scheduled to report its first-quarter earnings– at least, according to Nasdaq.com, it is. The company hasn't officially announced its release date yet, and other financial data providers point out that, seeing as Nio reported its Q1 earnings on May 28 in two of the past three years, it's more likely to report closer to that date this year as well. Is there a good reason to buy Nio stock ahead of earnings?
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U.S. stock futures opened higher Tuesday afternoon after rallying during the regular trading day, as investors took in reassurances from Federal Reserve Chair Jerome Powell that the central bank was set on using its policies to bring down inflation still running at multi-decade highs.
In this article, we discuss 10 best stocks to consider for retirement. If you want to see more dividend stocks in this selection, click Living Off Dividends in Retirement: 5 Best Stocks To Consider. The average age of retirement in the United States is 62, and American retirees represent a significant proportion of the adult […]
Energy Transfer (NYSE: ET) has a long history of developing infrastructure projects to support growing energy demand. The company has built thousands of miles of pipelines, multiple oil and gas processing facilities, and several storage and export terminals over the years. The master limited partnership (MLP) currently expects to invest upwards of $2.1 billion this year in expanding its energy infrastructure network.
In this article, we discuss Warren Buffett’s 8 new stock picks in 2022. If you want to read about some more Buffett stock picks, go directly to ‘Greedy When Others are Fearful’: Warren Buffett’s 4 New Stock Picks in 2022. There are few value investors who have accumulated as much fame as Warren Buffett of […]
Infamous investor Michael Burry of "The Big Short" has bet against Apple ( ), according to a SEC filing. During the first quarter, Burry, a hedge fund investor who is known for predicting and profiting from the housing bubble and subprime mortgage crisis by betting against collaterized debt obligations or CDOs during the mid 2000s, stocked up on Alphabet ( ), Meta Platforms (FB), and Discovery ( ) for Scion Asset Management. The hedge fund owned bearish put options against 206,000 Apple shares as of March 31.
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Is the bottom in? There's been a nice bounce since Thursday, but Credit Suisse isn't buying it.
There has been a mini-rally in the past few days, but the latest gains look like an upsurge in the middle of a larger decline.
Buffett's Berkshire added to Apple during the Q1 sell-off. It bet on oil stocks too, while selling drug stocks.
The analysts had said in March that they considered the sector “uninvestable” for the next six to 12 months.
The Fed chairman says the central bank will keep boosting interest rates until it sees inflation 'coming down in a convincing way.'
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