Business
HUB SECURITY ANNOUNCES UNIQUE PUBLIC CLOUD SECURITY AND DATA PRIVACY SOLUTION FOR GOOGLE CLOUD
--News Direct--HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"),
About this update from Hub Cyber Security Ltd.
[{"type":"text","content":"--News Direct--HUB Cyber Security Ltd (Nasdaq: HUBC), a developer of Confidential Computing cybersecurity solutions and services (\"HUB\" or the \"Company\"), today announced a unique cyber security solution for Google Cloud that leverages HUB’s core technologies - isolation, governance, and tight access control. The solution is a potential paradigm shift in cyber security, providing protection for data at rest, data in transit and data in use; a time when data cannot be encrypted and is at its most exposed phase. End customers across virtually all industries have either begun to move to the cloud or are considering a digital cloud transformation to take advantage of the low cost and flexibility of cloud processing and storage. Yet with all the benefits that cloud computing yields, privacy and security of customer data remain a top concern. Historically, cloud providers solved this challenge with data encryption processes that allow for security and privacy; but with increased risk and responsibility as customers must protect their own encryption keys. Working with Google, HUB has attempted to solve this problem with a solution based on confidential computing that compensates for inherent cloud weaknesses with a secure environment for the creation and distribution of keys. While only high-volume cloud users could historically benefit from confidential computing, HUB seeks to provide an easy to scale, high fidelity solution for both small and large organizations in heavily regulated industries such as finance, insurance and healthcare that previously could not take advantage of cloud capabilities. “HUB prides itself in isolating and securing the whole execution environment”, said Uzi Moskovitz, HUB’s CEO. “The historical focus on cyber intrusion and network defenses is no longer an acceptable solution. HUB is focused on making trustless security environments a reality, providing protection even if end user systems and computers are compromised.” About HUB Cyber Security Ltd.HUB Cyber Security Ltd (\"HUB\") was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces. HUB specializes in unique Cyber Security solutions protecting sensitive commercial and government information. HUB debuted an advanced encrypted computing solution aimed at preventing hostile intrusions at the hardware...