Mountain View, CA | March 09, 2023 09:31 AM Eastern Standard Time
HUB Cyber Security Ltd (HUB Cyber Security Ltd (NASDAQ: HUBC), a developer of Confidential Computing cybersecurity solutions and services (“HUB” or the “Company”), today announced a unique cyber risk management solution that seeks to allow insurance carriers and reinsurers to effectively evaluate, price and underwrite cyber insurance policies. The solution provides insurers with a secure file vault that greatly reduces the chances of being attacked and minimizes potential damage due to lost or corrupted data. As a result, insurance based on this technology redefines the addressable market potential as it can be much more affordable.
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