HUB Cyber Security and Blackswan Tech Team Up for a Deal with a Top-Tier European Bank

HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cyber security solutions and services, 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.