HUB Cyber Security and Blackswan Tech Team Up for $3.2M Deal with a Top-Tier European Bank
Hub Cyber Security Ltd. (HUBC)
Company Research
Source: GlobeNewswire
TEL AVIV, Israel, Feb. 08, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cyber security solutions and services ("HUB" or the "Company"), announces another significant achievement of its collaboration with Blackswan Technologies Ltd., a leading U.S. enterprise-AI vendor, to provide a joint solution under a landmark five-year agreement with one of Europe's top-tier banks. This agreement marks HUB's expansion into the finance sector, leveraging its novel transaction monitoring and screening process targeted specifically for high-volume data traffic of global financial institutions. Under this five-year (and three-step) contract, HUB is poised to significantly strengthen the bank's data monitoring infrastructure with per-transaction confidential computing security. This will become an integral component of the bank's Secure Data Fabric roadmap. Noah Hershcoviz, CEO of HUB Cyber Security, stated, "This marks another
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HUBC
News
- HUB Cyber Security Awarded Key Contract by the Israeli Airports AuthorityGlobeNewswire
- HUB Cyber Security Strongly Responds To Dominion’s Misleading Lawsuit; Reaffirms Dedication To Expansion And Worldwide Customer SupportGlobeNewswire
- HUB Cyber Security Secures $8 Million in Financing to Accelerate Growth and Strengthen Financial PositionGlobeNewswire
- HUB Cyber Security Acquires QPoint Technologies, Advancing its Plans for a Secured Data Fabric Ecosystem [Financial Post (Toronto, Ontario, Canada)]Financial Post
- HUB Cyber Security Acquires QPoint Technologies, Advancing its Plans for a Secured Data Fabric Ecosystem [Yahoo! Finance]Yahoo! Finance
HUBC
Sec Filings
- 5/2/24 - Form 6-K
- 5/1/24 - Form NT
- 4/24/24 - Form 6-K
- HUBC's page on the SEC website