Cyngn Engages Drata to Pursue SOC 2 and ISO 27001 Compliance as Part of Broader Cybersecurity Program
Cyngn (NASDAQ: CYN) has announced a partnership with Drata to pursue SOC 2 Type II and ISO 27001 certifications as part of its enhanced cybersecurity program. The company has implemented a bug bounty program for third-party vulnerability reporting, which recently helped identify and resolve a minor configuration issue in a vendor-managed development environment.
The company has engaged Prescient Security as the independent auditor for both certifications and has retained specialized legal counsel for data privacy and cybersecurity matters. Cyngn maintains cyber insurance as part of its comprehensive risk management approach.
Cyngn (NASDAQ: CYN) ha annunciato una collaborazione con Drata per ottenere le certificazioni SOC 2 Tipo II e ISO 27001 nell'ambito del suo programma potenziato di sicurezza informatica. L'azienda ha avviato un programma bug bounty per la segnalazione di vulnerabilità da parte di terzi, che di recente ha contribuito a individuare e risolvere un piccolo problema di configurazione in un ambiente di sviluppo gestito da un fornitore.
La società ha incaricato Prescient Security come revisore indipendente per entrambe le certificazioni e ha nominato consulenti legali specializzati in materia di privacy dei dati e sicurezza informatica. Cyngn mantiene una polizza assicurativa cyber come parte del suo approccio completo alla gestione del rischio.
Cyngn (NASDAQ: CYN) ha anunciado una alianza con Drata para obtener las certificaciones SOC 2 Tipo II e ISO 27001 como parte de su programa mejorado de ciberseguridad. La empresa ha implementado un programa de recompensas por vulnerabilidades para reportes de terceros, que recientemente ayudó a identificar y solucionar un problema menor de configuración en un entorno de desarrollo gestionado por un proveedor.
La compañía ha contratado a Prescient Security como auditor independiente para ambas certificaciones y ha retenido asesoría legal especializada en privacidad de datos y ciberseguridad. Cyngn mantiene un seguro cibernético como parte de su enfoque integral de gestión de riesgos.
Cyngn (NASDAQ: CYN)은 강화된 사이버 보안 프로그램의 일환으로 SOC 2 타입 II 및 ISO 27001 인증을 추진하기 위해 Drata와 협력한다고 발표했습니다. 회사는 제3자 취약점 보고를 위한 버그 바운티 프로그램을 도입했으며, 최근 공급업체가 관리하는 개발 환경에서의 사소한 구성 문제를 발견하고 해결하는 데 도움을 받았습니다.
회사는 두 인증 모두에 대해 독립 감사인으로 Prescient Security를 선정했으며, 데이터 프라이버시 및 사이버 보안 관련 사항에 대해 전문 법률 자문도 확보했습니다. Cyngn은 포괄적인 위험 관리 접근법의 일환으로 사이버 보험을 유지하고 있습니다.
Cyngn (NASDAQ : CYN) a annoncé un partenariat avec Drata pour obtenir les certifications SOC 2 Type II et ISO 27001 dans le cadre de son programme renforcé de cybersécurité. L'entreprise a mis en place un programme de prime aux bugs pour la signalisation des vulnérabilités par des tiers, qui a récemment permis d'identifier et de résoudre un léger problème de configuration dans un environnement de développement géré par un fournisseur.
L'entreprise a fait appel à Prescient Security en tant qu'auditeur indépendant pour les deux certifications et a engagé des conseillers juridiques spécialisés en protection des données et cybersécurité. Cyngn maintient une assurance cyber dans le cadre de son approche globale de gestion des risques.
Cyngn (NASDAQ: CYN) hat eine Partnerschaft mit Drata angekündigt, um im Rahmen seines erweiterten Cybersicherheitsprogramms SOC 2 Typ II- und ISO 27001-Zertifizierungen zu erlangen. Das Unternehmen hat ein Bug-Bounty-Programm für die Meldung von Schwachstellen durch Dritte eingeführt, das kürzlich half, ein kleines Konfigurationsproblem in einer von einem Anbieter verwalteten Entwicklungsumgebung zu identifizieren und zu beheben.
Das Unternehmen hat Prescient Security als unabhängigen Prüfer für beide Zertifizierungen beauftragt und spezialisierte Rechtsberater für Datenschutz- und Cybersicherheitsfragen engagiert. Cyngn hält eine Cyberversicherung als Teil seines umfassenden Risikomanagementansatzes vor.
- Implementation of bug bounty program demonstrates proactive security measures
- Partnership with Drata shows commitment to achieving industry-standard security certifications
- Quick response to identified security issues indicates effective risk management
- Recent security configuration issue in third-party vendor environment indicates potential vulnerabilities
The engagement with Drata is part of a broader, ongoing initiative to strengthen Cyngn's security posture. As part of this work, the company has established a bug bounty program that invites third-party researchers to responsibly report potential vulnerabilities. One such report recently helped identify and close a minor configuration issue in a development environment managed by a third-party vendor, Mismo. The issue was promptly resolved, and no personally identifiable information or material nonpublic data was exposed, demonstrating the value and importance of such a program.
"Security has always been a core focus at Cyngn," said Sean Stetson, Cyngn's VP of Product and Technology. "From our internal protocols to our partnerships with vendors and researchers, we are continually evolving our approach to ensure the highest standards of protection across our operations."
Prescient Security will serve as the independent auditor for both the SOC 2 and ISO/IEC 27001 certifications. In addition, Cyngn has retained specialized legal counsel in data privacy and cybersecurity and maintains cyber insurance as part of its layered risk management strategy.
About Cyngn
Cyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses significant challenges facing industrial organizations today, such as labor shortages and costly safety incidents.
Cyngn's DriveMod technology empowers customers to seamlessly bring self-driving technology to their operations without high upfront costs or infrastructure installations. DriveMod is currently available on Motrec MT-160 Tuggers and BYD Forklifts.
The DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and targets a typical payback period of less than 2 years. The DriveMod Forklift lifts heavy loads that use non-standard pallets and is currently available to select customers. For all terms referenced within, please refer to the Company's annual report on Form 10-K with the SEC filed on March 6, 2025.
Investor Contact:
Natalie Russell, Interim CFO
investors@cyngn.com
Media Contact:
Luke Renner, Head of Marketing
media@cyngn.com
Where to Find Cyngn:
- Website: https://cyngn.com
- X: https://x.com/cyngn
- LinkedIn: https://www.linkedin.com/company/cyngn
- YouTube: https://www.youtube.com/@cyngnhq
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as "expects," "anticipates," "believes," "will," "will likely result," "will continue," "plans to," "potential," "promising," and similar expressions. These statements are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in the Company's reports to the Securities and Exchange Commission (SEC), including, without limitation the risk factors discussed in the Company's annual report on Form 10-K filed with the SEC on March 6, 2025. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Cyngn undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
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SOURCE Cyngn
FAQ
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