Cybeats Technologies Corp. has announced a new SaaS (Software as a Service) agreement with a major U.S.-based water technology provider, which boasts a market cap exceeding $30 billion and operates in over 150 countries.
This agreement comes in the wake of recent warnings from President Joe Biden and senior officials about the rising threat of cyberattacks on U.S. water infrastructure by state-sponsored foreign actors. Given these increasing risks to critical American systems, including those managed by Cybeats' new client, organizations are actively seeking robust cybersecurity solutions to safeguard their operations.
On May 20th, the U.S. The Environmental Protection Agency (EPA) issued a warning about urgent cybersecurity threats and vulnerabilities to drinking water systems, while The Department of Homeland Security's Cybersecurity and Infrastructure Security Agency (CISA) has also been enhancing protections over the nation's water system that have been targeted in increasing frequency and severity, to a point where additional action by industry is not optional.
"The water infrastructure sector presents an immense opportunity for our growth, driven by a surge in regulatory focus on software transparency through SBOM. Both industry regulators and companies now recognize the essential need to increase software transparency. SBOM Studio offers a comprehensive solution that addresses the industry's urgent cybersecurity challenges and operational demands, " said Justin Leger, CEO, Cybeats.
