Info@NationalCyberSecurity
Info@NationalCyberSecurity

HUB Cyber Security (HUBC) and Blackswan Technologies to collaborate on providing a Cyber enterprise solution for one of largest EU banks | #hacking | #cybersecurity | #infosec | #comptia | #pentest | #ransomware


HUB Cyber Security Ltd (Nasdaq: HUBC) (“HUB” or the “Company”), a Confidential Computing cybersecurity solution provider, announces a significant expansion of its collaboration with Blackswan Technologies Ltd., a leading U.S. enterprise-AI vendor, to provide a joint solution for enterprise Confidential Computing to the financial sector.

In connection with an agreement recently signed by Blackswan Technologies with one of Europe’s largest financial institutions, HUB undertook to provide Confidential Computing cybersecurity solutions to safeguard the bank’s critical data assets in their most vulnerable state – while undergoing processing. The framework agreement signed for 3 years term with potential 24 month extension. It is expected that Hub’s share of the revenue will exceed $25m within the year and a half.

Noah Hershcovitz, HUB’s Chief Strategy Officer, commented on the collaboration stating that: “Our partnership with Blackswan is expected to yield a significant increase in our customer pipeline as they are prominent in the banking, credit and investment communities – all major sectors – that have a cyber security hole that we know how to fill. This is an initial step towards an expansion on both clientele and new geographies for HUB’s business.”

“The cooperation between the two companies allows us to provide the customer with a comprehensive solution and a security product of the highest level,” stated Uzi Moskowitz, CEO of Hub Security. “This expanded collaboration with Blackswan Technologies reinforces our commitment to driving innovation and setting new standards in the global cybersecurity landscape.”

“We are pleased to collaborate with Hub Security in implementing advanced systems that bolster our clients’ cybersecurity within the regulatory and compliance computational processes,” added Udi Nessimyan, CEO of Blackswan Technologies. “This partnership marks a crucial step in advancing the capabilities of our data fabric infrastructure in addressing cybersecurity challenges faced by global financial institutions.”

For further information about this collaboration and Hub Security’s cybersecurity solutions, please visit www.BlackswanTechnologies.ai or www.HubSecurity.com.

About HUB Security Ltd.

HUB Cyber Security Ltd (“HUB Security”) was established in 2017 by veterans of the elite intelligence units of the Israeli Defense Forces. The Company specializes in unique Cyber Security solutions protecting sensitive commercial and government information. The Company debuted an advanced encrypted computing solution aimed at preventing hostile intrusions at the hardware level while introducing a novel set of data theft prevention solutions. HUB Security operates in over 30 countries and provides innovative cybersecurity computing appliances, as well as a wide range of cybersecurity services worldwide.

About Blackswan Technologies:

BlackSwan Technologies is reinventing enterprise software through Agile Intelligence for the Enterprise – a fusion of data, artificial intelligence and cloud technologies that provides unparalleled business value. Blackswan Technologies offers multi-tier enterprise products that create the foundation for composable businesses, equipping enterprises with real-time adaptability and resilience for lasting market leadership. Customers rapidly can apply these products to a single challenge, then incrementally expand adoption across the enterprise, while interoperating with existing IT assets. BlackSwan Technologies is generating billions of dollars in economic value for renowned global brands, through accelerated innovation and operational efficiency. We partner with leading consultancies, ISVs, and MSPs to serve the aspirations of corporations, public sector entities, and innovative startups alike. The private company maintains gravity centers in the UK, Europe, Israel, the US, and Sri Lanka.



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