Why Cycode Is Acquiring Bearer

By Amit Chowdhry • Mar 6, 2024

Cycode – a leader in Application Security Posture Management (ASPM) with the only complete approach to ASPM – announced the acquisition of Bearer (a modern AI-powered SAST, API discovery, and data leak protection that delivers all three solutions in one to help Cycode overachieve in its mission to deliver faster and safer code. This strategic deal aims to supercharge its complete ASPM with scanning speeds 31% faster than the competition. It utilizes AI for more contextual remediation and enhanced precision and offers an unparalleled developer experience for faster shipping.

This move strengthens Cycode’s position as a leader in the ASPM industry and redefines what developers can expect in terms of efficiency, accuracy, and ease of use—all while security teams can now begin operating with Peace of Mind. As the entire ASPM platform is built natively by Cycode, it is not reliant on any open-source scanning capabilities.

This new integration of Bearer’s technology into Cycode’s complete ASPM platform significantly enhances Cycode’s ability to go deeper on many levels. And this acquisition not only strengthens Cycode’s existing offerings but also introduces new, cutting-edge capabilities, including:

1.) Cycode’s complete ASPM platform will now offer 31% faster scanning speeds than the competition, significantly reducing the time to detect vulnerabilities. It will also add unmatched precision in its SAST findings and be designed to help your developers continue shipping with velocity through a best-in-class developer experience.

2.) With the introduction of Bearer Assistant, Cycode enhances its platform with AI-powered tools that provide automated suggestions for fixing security issues, streamlining the remediation process.

3.) Security teams will gain complete visibility into how sensitive data moves within their applications and APIs, allowing them to mitigate risks and ensure compliance. With Bearer’s comprehensive assessment of over 120 data types (e.g., PII/PHI/PD), security teams can enable developers to build with confidence, speed, and expertise to track and protect the most sensitive data flows.

4.) Bearer’s API discovery, crucial for protecting sensitive data in modern applications across your third-party services and APIs, will be integrated into Cycode’s ASPM platform. For instance, you need the ability to know which reports use which third-party APIs and if they are exposed to stored sensitive data so that you can prioritize what matters most.

5.) Bearer’s insights will enrich Cycode’s RIG, offering a deeper understanding of potential vulnerabilities and enhancing the overall security posture.

KEY QUOTES:

“Not all scanners in ASPMs are created equally — they need to understand what they are scanning, put it in context of the total ecosystem inclusive of broader ecosystem vulnerabilities and utilize the data from the platform to add context to risk, prioritize efforts and reduce costs and remediation efforts. Cycode raised the bar for SAST as part of its complete ASPM.”

– Roland Cloutier, former CSO of TikTok, ADP and EMC

“Our acquisition of Bearer represents a pivotal moment for Cycode and our complete ASPM platform. Integrating Bearer’s modern SAST, API discovery, and data leak protection technology into our platform is more than an enhancement; we’re providing the easiest way in the market for security teams and developers to interact together and work through security vulnerabilities. This strategic move aligns perfectly with our commitment to making security a team sport, where developers are supported with AI-driven context for faster remediation and velocity than ever before.”

– Lior Levy, co-founder and CEO of Cycode

“We are thrilled to be joining forces with Cycode, a company that shares our vision for making developer security a team sport. This union marks a critical milestone in our journey, amplifying our reach and impact to the world’s best security and development teams. Together, we’re set to continue redefining the standards of the complete approach to application security posture management.”

– Guillaume Montard, CEO of Bearer

“Bearer’s modern approach to SAST, API discovery and data leak protection will set the tone for the industry — and we are excited to be leading from the front. While other ASPM vendors rely on open-source scanners, Cycode has intentionally invested in the quality and coverage which will provide the speed and precision that our customers need to level up their security posture.”

– Dor Atias, co-founder and VP of R&D, at Cycode