NBVA NUBEVA TECHNOLOGIES LTD

Nubeva Successfully Decrypts Ransomware In Hospital Attack

Nubeva Successfully Decrypts Ransomware In Hospital Attack

The Company Releases New Hospital Decryption Case Study and Announces Promotional Campaign for Healthcare Industry

SAN JOSE, Calif., June 08, 2023 (GLOBE NEWSWIRE) -- announces its success in decrypting live LockBit ransomware. This achievement is , providing a detailed analysis of a targeted attack and successful recovery at a 240-bed hospital. The study showcases Nubeva's expertise in effectively decrypting ransomware, substantially reducing downtime costs, and minimizing damages within the critical industry.

"Persistent ransomware groups, including LockBit, BlackCat, Black Basta, and ClOP, are relentlessly targeting healthcare organizations," said Steve Perkins, CMO at Nubeva. "We are fully committed to empowering healthcare institutions with a simplified, rapid, and affordable solution to fortify their protection against such threats. We strongly urge these organizations to contact us immediately for a private briefing to explore how our advanced measures can effectively reduce risks."

In response to the growing threat in the industry, Nubeva is launching a promotional offering to reach vulnerable healthcare organizations. The campaign offers accelerated discounts and programs, enabling the immediate implementation of the company's .

“Nubeva’s 'Healthcare-Safety-Net' Program is a promotional campaign aimed at providing exclusive discounts and payment plans," explains Steve Perkins. "This program enables immediate implementation of Nubeva's Ransomware Reversal solution, allowing any health entity to fit it into their current budgets and reducing the risk of significant damages and interruption to their business and services."

Nubeva’s Ransomware Reversal is a proactive system that can decrypt ransomed data, sight unseen, without paying ransoms. The solution delivers the fastest way to recover data and restore healthcare operations after an attack representing a new, essential safety net for every health organization to reduce the risk of significant downtime to patient care.

or join the to learn more. The webinar will feature a live demonstration of Nubeva's cutting-edge technology, showcasing its effectiveness in defending against ransomware attacks. Attendees can engage in an interactive Q&A session with Nubeva's experts, gaining valuable insights into bolstering their ransomware resilience.

About Nubeva Technologies

provides next-generation decryption solutions for faster, lower-cost recovery from ransomware attacks. Its mission is to reduce downtime costs and damages so businesses never pay ransoms again.

Nubeva’s ransomware reversal software is available to end-user enterprises, managed security service providers, incident responders, and cybersecurity solution manufacturers. For a private briefing on Nubeva’s ransomware decryption solutions, .

For Investor Information -

Forward-looking statements

This news release contains “forward-looking information” and “financial outlook” within the meaning of applicable securities laws relating to the company's business plans, the outlook of the cybersecurity industry and the expectation that the company will be cash flow positive for calendar 2023. Although the company believes in light of the experience of its officers and directors, current conditions and expected future developments, and other factors that have been considered appropriate that the expectations reflected in this forward-looking information and financial outlook are reasonable, undue reliance should not be placed on them because the company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements for reasons relating to the development and adoption of the company’s technology and its input and capital cost requirements, among other factors. The statements in this press release are made as of the date of this release, and the company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws. The company undertakes no obligation to comment on analyses, expectations, or statements made by third parties regarding the company, its subsidiaries, their securities, or their respective financial or operating results (as applicable).

Neither the TSX venture exchange nor its regulation services provider (as that term is defined in the policies of the TSX venture exchange) accepts responsibility for the adequacy or accuracy of this release.

For additional information or to schedule interviews, contact:

Steve Perkins

Chief Marketing Officer, Nubeva



(714) 261-9948



EN
08/06/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on NUBEVA TECHNOLOGIES LTD

 PRESS RELEASE

Nubeva Announces Departure of CMO Steve Perkins Amid AI Strategy Shift

Nubeva Announces Departure of CMO Steve Perkins Amid AI Strategy Shift SAN JOSE, Calif., March 12, 2024 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA), a cybersecurity company specializing in ransomware decryption and recovery, today announced that Steve Perkins has stepped down as Chief Marketing Officer (CMO). This transition comes at a time when Nubeva is sharpening its focus on leveraging Artificial Intelligence (AI) to redefine ransomware reversal and enhance cybersecurity measures globally. Steve Perkins has been instrumental in shaping the company's marketing strategy and c...

 PRESS RELEASE

Nubeva Focusing solely on AI-Driven Ransomware Reversal Post-TLS Asset...

Nubeva Focusing solely on AI-Driven Ransomware Reversal Post-TLS Asset Sale Agreement Innovative Ransomware Reversal to Drive Future Growth with a Focus on AI; Company Projects Cash Flow Positive in 2024 SAN JOSE, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA), a cybersecurity company specializing in ransomware decryption and recovery, today outlined a strategic shift following the signing of a binding agreement for the sale of its TLS assets to a mid-sized U.S. based cyber security company, for 1 million dollars while continuing to profit from existing TLS...

 PRESS RELEASE

CORRECTION — NIST Demonstrates Nubeva’s Breakthrough in TLS 1.3 Decryp...

CORRECTION — NIST Demonstrates Nubeva’s Breakthrough in TLS 1.3 Decryption Technology Patented TLS SKI Technology Demonstrated as a Solution for Resolving Enterprise TLS 1.3 Visibility Challenges SAN JOSE, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) --  (TSX-V: NBVA) is correcting and replacing the press release that was released under a similar headline on January 30, 2024. The company wishes to clarify that Nubeva’s breakthrough was demonstrated at the . Nubeva Technologies (TSX-V: NBVA), a leader in next-generation decryption solutions, is proud to announce that the National Cybersecur...

 PRESS RELEASE

NIST Validates Nubeva’s Breakthrough in TLS 1.3 Decryption Technology

NIST Validates Nubeva’s Breakthrough in TLS 1.3 Decryption Technology Patented TLS SKI Technology Endorsed as a Leading Solution for Resolving Enterprise TLS 1.3 Visibility Challenges SAN JOSE, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA), a leader in next-generation decryption solutions, is proud to announce that the has validated its Nubeva SKI Technology as a leading solution for the TLS visibility problem. This endorsement is detailed in NIST's Special Publication 1800-37B, which addresses the significant challenges enterprises face with TLS 1.3 vis...

 PRESS RELEASE

Nubeva Granted U.S. Patent for Decrypting TLS Pinned Certificate Traff...

Nubeva Granted U.S. Patent for Decrypting TLS Pinned Certificate Traffic SAN JOSE, Calif., Oct. 23, 2023 (GLOBE NEWSWIRE) -- (TSX-V: NBVA), a leader in decryption solutions, has secured a U.S. patent for its capability to decrypt TLS traffic with certificate pinning. This advancement directly supports SWG, SASE, Firewalls, and other network security and monitoring systems, helping them eliminate blind spots and enhance traffic inspection. Certificate pinning, adopted by major corporations like Apple, Google, and Microsoft, is a mechanism designed to counter Man-in-the-Middle (MITM) tech...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch