HUB Cyber Security (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and services, today announced its entry into a letter of intent for a financing and services agreement and strategic collaboration agreement with Blackswan Technologies, a top-tier enterprise AI company based in the United States. According to the announcement, the alliance heralds the commencement of a project in partnership with one of the Big4 Professional Services firms and their esteemed end customer, a globally renowned major banking group. “Importantly, the collaboration’s scope extends beyond a single client, offering the potential for expansion and engagement of additional customers, including governments and large enterprises,” said Uzi Moskowitz, CEO of Hub Security. “This collaboration underscores our commitment to innovation and reinforces our position as a leader in the confidential computing landscape.”
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About HUB Security Ltd.
HUB Cyber Security (“HUB Security”) was established in 2017 by veterans of the elite intelligence units of the Israeli Defense Forces. The company specializes in unique cybersecurity 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.
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