Cycode, a leader in Application Security Posture Management (ASPM), announces the successful acquisition of Bearer, augmenting its capabilities in code security management. Additionally, Cycode introduces Cygives, a pioneering initiative aimed at providing developers with free, open-source security tools to foster a culture of secure software development.

1. Strategic Acquisition of Bearer: The acquisition of Bearer enriches Cycode's ASPM suite, offering advanced AI-powered Static Application Security Testing (SAST) and API discovery capabilities. This strategic move reinforces Cycode's commitment to delivering comprehensive application testing solutions that ensure safer, accurate, and frictionless code security management.

2. Addressing Security Challenges: With rising concerns over malicious code-led compromises, Cycode aims to empower application security teams to combat threats effectively. The integration of Bearer's AI-powered features with Cycode's ASPM platform enables faster scanning, precise reporting, and enhanced user experiences, addressing operational obstacles such as tool sprawl and alert fatigue.

3. Introduction of Cygives Initiative: Cycode launches Cygives to support and empower developers with free access to industry-leading open-source security solutions. Through Cygives, developers gain access to tools like Bearer SAST, Raven, and Cimon, fostering a developer-first approach to security and streamlining CI/CD pipeline security.

4. Community Impact and Innovation: Lior Levy, co-founder and CEO of Cycode, emphasizes Cygives as more than just a resource but a community catalyst, inspiring developers to create secure, resilient software confidently. The initiative reflects Cycode's dedication to security, community, and innovation.

5. Upcoming Participation at RSA Conference 2024: Cycode invites attendees to RSA Conference 2024, where they can witness the complete ASPM platform in action. At booth #2056, visitors can learn firsthand about Cycode's efforts in empowering developers to build secure software and explore the latest advancements in the ASPM space.

Through the acquisition of Bearer and the launch of Cygives, Cycode reaffirms its commitment to advancing application security and supporting developer communities. By combining cutting-edge technology with community-driven initiatives, Cycode aims to revolutionize the landscape of secure software development, empowering developers worldwide.