Cybeats Technologies Corp. has recently signed a SaaS agreement with a major water technology provider in the U.S., valued at over $30 billion, and with operations in over 150 countries. The partnership between these two companies is a response to warnings from President Joe Biden and top officials about the increasing cyberattacks on U.S. water infrastructure by state-sponsored foreign actors. With the heightened risks facing American entities, organizations like Cybeats’ new client are prioritizing cybersecurity solutions to enhance protections of critical systems.
On May 20th, the U.S. Environmental Protection Agency (EPA) issued a warning about urgent cybersecurity threats and vulnerabilities to drinking water systems. The Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA) has also been increasing protections over the nation’s water system, which has been targeted with growing frequency and severity. The need for additional action by industry to protect critical infrastructure is becoming more imperative.
Cybeats CEO, Justin Leger, highlighted the growth opportunities in the water infrastructure sector, driven by a regulatory focus on software transparency through SBOM. Industry regulators and companies are acknowledging the essential need to increase software transparency to address urgent cybersecurity challenges and operational demands.
SBOM Studio offered by Cybeats provides a comprehensive solution to help the industry stay ahead of cybersecurity threats in an evolving landscape.
The partnership between Cybeats Technologies Corp. and its new major water technology provider is an example of how organizations are taking proactive steps to protect critical infrastructure from cyberattacks. With increased attention on software transparency through SBOM regulations, companies like Cybeats are well positioned to provide solutions that address both cybersecurity challenges and operational demands.
In conclusion, as the threat of state-sponsored foreign actors targeting U.S. water infrastructure continues to grow, organizations must take proactive steps to protect critical systems from cyberattacks. Partnerships like that between Cybeats Technologies Corp., its new major client, and regulatory bodies focused on software transparency can help ensure that these systems remain secure in an ever-evolving landscape of digital threats.
