Cydarm Technologies scales up for expansion in the United States with acceptance to iCyberCenter@bwtech in Baltimore

COMPANY NEWS: Cydarm Technologies, an Australian provider of case management solutions for cyber incident response, today announced that it will ramp up its momentum in the U.S. cybersecurity market after winning the entry into the 12-month global incubator iCyberCenter@bwtech, an internationally recognized program based within the University of Baltimore in Maryland.

The iCyberCenter@bwtech incubator program is designed to provide international e-entrepreneurs with technical and business support as well as mentorship to facilitate entry into the U.S. e-marketplace.

By participating in the program, Cydarm will have the opportunity to participate in the iCyberCenter@bwtech executive training program which will provide direct assistance to the company in accelerating its understanding of the US cyber market as well as support in developing an effective US strategy. market entry business strategies. It also offers information sessions, high-level industry connections and hands-on workshops led by subject matter experts, as well as access to programs specifically designed for cybersecurity scalers. .

“Attracting innovative international companies like Cydarm to the bwtech@UMBC research and technology park aligns well with our direction and strategic goals. We look forward to providing the programs and services to help Cydarm achieve its soft landing in Maryland!” said Marjie Cota, director of business services at bwtech@UMBC.



Additionally, Cydarm Technologies is also announcing its successful inclusion in an Austrade Landing Pad Boot Camp in New York for Australian RegTech companies ready to expand into the US market. The program to be held November 17-18 will further support Cydarm’s expansion into the US market by providing presentations to regulators, regulated entities in the financial services industry, advisors and investors in the New York area.

Cydarm Founder and CEO Dr. Vaughan Shanks said, “We are delighted to have been accepted into the iCyberCenter@bwtech incubator program and look forward to scaling our go-to-market strategy. in the United States, while continuing our ongoing product development to address the most pressing security issues. Additionally, we are delighted to have the support of Austrade and look forward to participating in the upcoming RegTech Global Showcase in New York.

During the program in New York, Cydarm will demonstrate its cybersecurity case management platform that enables cybersecurity operations teams to easily collaborate, onboard, respond and report. This technology becomes particularly important as regulations specific to cyber incident response such as the Cyber ​​Incident Reporting for Critical Infrastructure (CIRCIA) Bill of 2022 in the United States and the Australian Law Amendment Act Security (Critical Infrastructure Protection) Act 2022 (SLACIP Act) has been passed.

Beyond its case management capabilities, Cydarm’s attribute-based access control model and report builder enable information sharing of sensitive data with internal and external stakeholders, while closing the incident lifecycle feedback loop. This enables organizations to effectively use data specific to their own environment to inform decision-making in strategy, planning and budgeting.

Austrade NY Trade and Investment Commissioner Steve Rank said: “Australia is the third largest RegTech hub in the world, behind the US and UK, with over 10 % of all RegTechs headquartered in Australia. Austrade is delighted to welcome Cydarm Technologies and five other Australian leaders. RegTech companies participating in Austrade’s New York Landing Pad program, which includes an intensive boot camp to help accelerate their expansion into the US market.”

About Cydarm

The Cydarm platform combines the benefits of a system of record with tools for focus and productivity, enabling cybersecurity operations, DFIR, CTI and security engineering teams to respond faster and enable success cross-functional. Security operations team members can use task-based playbooks to triage incidents and create their own workflows. Cydarm’s attribute-based access control model and report builder enable sharing of sensitive data insights with internal and external stakeholders, while closing the incident lifecycle feedback loop. This helps organizations effectively use incident data specific to their own environment to inform decision-making in strategy, planning, and budgeting.

For more information about Cydarm, visit www.cydarm.com.

About iCyberCenter@bwtech

The iCyberCenter@bwtech is located in the bwtech@UMBC Research and Technology Park, a 71-acre research and technology community at the University of Maryland, Baltimore County (UMBC). With more than 525,000 square feet of office and lab space, it is home to more than 130 technology and life science companies at all stages of development, including an international cybersecurity center.

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