As our world becomes increasingly reliant on technology, the risks associated with cybersecurity have become a growing concern. Cyber attackers are targeting critical infrastructures, such as transportation, food supplies, and oil pipelines, which are essential for our daily lives. In addition, companies are now facing a new threat called the software supply chain, where attackers target companies indirectly by exploiting vulnerabilities in their software vendors.

The Need for Transparency in Understanding Code

According to James Van steveren, VP of Corporate Development at Cy Beach Technology Corporation, 70-90% of software is copied or recycled. This makes it critical to have transparency in understanding code, especially third-party code used by multinational corporations or governments. Companies can no longer rely on promises of security from software vendors; they must take an active approach to managing their security.

One possible solution to this challenge is the use of s-bombs in managing and prioritizing vulnerabilities efficiently. S-bombs are similar to ingredient lists for code, providing a list of all third-party components used in software. S-bombs help companies identify and manage vulnerabilities in their software supply chain, allowing them to take a more proactive approach in securing their systems.

S-bombs and Cybersecurity Solutions

Cy Beach Technology Corporation has developed S-bomb Studio, which allows companies to manage their cybersecurity operations and provides board-level protection for their customers. With the FDA requiring s-bombs for medical devices, the demand for s-bomb management solutions is growing rapidly.

Symbiont, the company behind S-bomb Studio, has a well-versed team with over 25 years of experience in cybersecurity, and an advisory board that includes heavy-hitters in the industry. Although Symbiont is an early-stage company, its ticker symbol CYBT is already trading on the OTCQB, making it a rare company to be publicly traded in this nascent market.

Symbiont’s valuation of around 100 million dollars Canadian is believed to be undervalued given the projected market growth in the industry, and it has already made commercial traction in key sectors such as industrial controls with large infrastructure companies like Schneider Electric.

The Future of Cybersecurity Solutions

As companies and governments become increasingly aware of the risks associated with cybersecurity and software supply chains, the demand for solutions like S-bomb Studio is likely to continue to grow. Symbiont is poised to play a major role in this nascent market, providing cutting-edge solutions to one of the most pressing challenges of our time.

The future of cybersecurity is exciting, and companies and individuals must take an active approach to protecting themselves from the growing threat of cyber attacks. By utilizing s-bombs and other cybersecurity solutions, we can take a proactive approach to protecting our critical infrastructures and our way of life.

Conclusion

Cybersecurity and the software supply chain are becoming increasingly important concerns for companies, making it essential to have transparency in understanding code and utilizing s-bombs to manage vulnerabilities. Symbiont’s S-bomb Studio offers a solution to these cybersecurity challenges and has immense potential for growth in the US market, backed by a highly experienced team and advisory board in the industry.