HUB Security announces the first-ever product enabling absolute data security on the edge based on a QRNG component. Israel, Tel-Aviv, 4.20.2021. Israeli cybersecurity company HUB Security
The Company has stated that as of today it has received indicative letters of intent from institutional investors for the investment of approximately USD 65 million from institutional investors into the merged entity
TEL AVIV, Israel, Nov. 9, 2020 /PRNewswire/ — Hub Security, the Tel Aviv based cybersecurity firm announced today its partnership with Kudelski Security, the cybersecurity division of the Kudelski Group
Tel-Aviv based cybertech firm Hub Security has now announced another strategic partnership with LS International. The new deal will extend LS International’s specialized combination of cybersecurity products and industry-leading security solutions to enterprises, remote management and cloud services.
Financial institutions can now store and manage digital assets, including cryptocurrency, on HUB’s military-grade technological platform and purchase up to $400 million in “cold storage” insurance through Marsh’s Digital Asset Risk Transfer (DART) team to cover the risk of theft or damage to the assets or destruction of private keys.
Using accelerated hardware, an operation can be computed faster than software running on a general CPU. Conducting tasks using specially-designed hardware can decrease latency, increase throughput, and increase parallelism. On a software-level, it can also lead to faster development, lower non-recurring engineering costs, and heightened portability.
Hub Security’s newest flexible HSM will help organizations weather the coming evolution of cyberattacks and threats related to quantum computing. While current industry-standard HSMs are equipped to run quantum computing algorithms, many of them provide these capabilities purely on a software level, making them low-performing and unsuitable for cloud and payment processing and other real-world applications.
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