NUBEVA TECHNOLOGIES


Associated tags: TLS/SSL, SKI, SAN, OTCQB, Risk management, Cryptocurrency, News, CMO, TSX Venture Exchange, Comment, TSX

Locations: SAN JOSE, CA, US, NY, FLORIDA, FRANCIS, TAIWAN

Nubeva Announces Departure of CMO Steve Perkins Amid AI Strategy Shift

Retrieved on: 
Tuesday, March 12, 2024

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.

Key Points: 
  • 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 contributing to its success.
  • However, as Nubeva embarks on a new phase of innovation and growth, both parties recognize the need for a change.
  • "Nubeva is entering an exciting era, with AI at the forefront of our strategy to combat ransomware more effectively.

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

Retrieved on: 
Monday, March 4, 2024

The company is now dedicating its focus entirely on revolutionizing ransomware reversal, with a significant emphasis on leveraging Artificial Intelligence (AI) to enhance efficiency and support mechanisms.

Key Points: 
  • The company is now dedicating its focus entirely on revolutionizing ransomware reversal, with a significant emphasis on leveraging Artificial Intelligence (AI) to enhance efficiency and support mechanisms.
  • In conjunction with these changes, Greig Bannister will be following the asset sale, and stepping down as CTO and board member.
  • Nubeva's refined focus on ransomware reversal is timely and critical, given the global increase in ransomware attacks.
  • By integrating AI into its ransomware reversal solutions, Nubeva aims to enhance the support experience when a client is hit by ransomware.

NIST Validates Nubeva’s Breakthrough in TLS 1.3 Decryption Technology

Retrieved on: 
Thursday, February 1, 2024

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 National Institute of Standards and Technology (NIST) 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 visibility.

Key Points: 
  • TLS 1.3, while offering enhanced security and performance, disrupts traditional traffic inspection techniques used by enterprises for monitoring their internal TLS 1.2 traffic.
  • Nubeva's patented key extraction technology meets these needs by enabling enterprise decryption of TLS 1.3 traffic, including pinned certificate traffic, for security and visibility.
  • "As with any pioneering technology, our approach to decryption of TLS 1.3 raised industry questions.
  • Nubeva's technology aligns with the key management-based solutions outlined in NIST SP 1800-37B, ensuring a seamless transition from TLS 1.2 to TLS 1.3.

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

Retrieved on: 
Monday, October 23, 2023

SAN JOSE, Calif., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA), a leader in decryption solutions, has secured a U.S. patent for its capability to decrypt TLS traffic with certificate pinning.

Key Points: 
  • SAN JOSE, Calif., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Nubeva Technologies (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) techniques.
  • "Currently, security providers using MITM must bypass inspection of pinned traffic, thereby limiting security capability and effectiveness.

Nubeva Technologies Provides Board Member Details and Corporate Updates

Retrieved on: 
Friday, September 22, 2023

SAN JOSE, Calif., Sept. 22, 2023 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA, OTCQB: NBVAF), a technology innovation company specializing in decryption, today provides further details on its new board of director member and provides corporate updates.

Key Points: 
  • SAN JOSE, Calif., Sept. 22, 2023 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA, OTCQB: NBVAF), a technology innovation company specializing in decryption, today provides further details on its new board of director member and provides corporate updates.
  • Francis has served as Head of HR Center of Excellence at SAP, VP of Product at Talkpush, and HR Director for a global manufacturer.
  • Their addition provides a fresh perspective to our organization,” said Randy Chou, CEO at Nubeva.
  • The board of Nubeva is actively engaged in a comprehensive review of the company.

Nubeva Announces Appointment of Directors

Retrieved on: 
Friday, September 15, 2023

SAN JOSE, Calif., Sept. 15, 2023 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA) (OTCQB: NBVAF) (“Nubeva” or the “Company”) is pleased to announce the appointment of Francis Chan and Michael KuoFan Lin as independent members of the Board of Directors of the Company.

Key Points: 
  • SAN JOSE, Calif., Sept. 15, 2023 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA) (OTCQB: NBVAF) (“Nubeva” or the “Company”) is pleased to announce the appointment of Francis Chan and Michael KuoFan Lin as independent members of the Board of Directors of the Company.
  • “On behalf of the Board, I am pleased to welcome Francis and Michael to the team.
  • Together, they have over 50 years of experience and expertise in the HR and semiconductor sectors, and they align perfectly with our targeted verticals for our key extraction solutions,” stated Randy Chou, CEO and Director of the Company.

Nubeva Provides Customer Update

Retrieved on: 
Friday, September 8, 2023

SAN JOSE, Calif., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA, OTCQB: NBVAF)(“Nubeva” or the “Company”) announces Kroll, LLC (“Kroll”) has terminated its relationship with the Company in respect of all use cases, more particularly described in the Company’s news releases of December 5, 2022, January 4, 2023, January 23, 2023 and March 2, 2023.

Key Points: 
  • SAN JOSE, Calif., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA, OTCQB: NBVAF)(“Nubeva” or the “Company”) announces Kroll, LLC (“Kroll”) has terminated its relationship with the Company in respect of all use cases, more particularly described in the Company’s news releases of December 5, 2022, January 4, 2023, January 23, 2023 and March 2, 2023.
  • Company revenue related to its relationship with Kroll comprised 86% of total revenue for the Company’s 2023 fiscal year.
  • The Company looks forward to continuing to diversify its customer base with additional engagements in fiscal 2024, including the three-year, US$1,700,000 contract announced on June 7, 2023 .

Nubeva Technologies Announces Strong Fiscal Year 2023 Financial Results

Retrieved on: 
Tuesday, August 29, 2023

SAN JOSE, Calif., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA, OTCQB: NBVAF), a cybersecurity company specializing in ransomware decryption and recovery, is pleased to announce fiscal year 2023 financial performance, highlighting key growth areas and financial management.

Key Points: 
  • SAN JOSE, Calif., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA, OTCQB: NBVAF), a cybersecurity company specializing in ransomware decryption and recovery, is pleased to announce fiscal year 2023 financial performance, highlighting key growth areas and financial management.
  • Annual 2023: Revenue for 2023 reached a significant $2,071,654, marking a 779% increase from the 2022 revenue of $235,643.
  • Q4 2023 vs. Q4 2022: Revenue in Q4 2023 was $934,963, up by 680% from $119,852 in Q4 2022.
  • Annual 2023: Total expenses amounted to $4,029,546, a rise of 13% from $3,555,217 in 2022.

Nubeva Files U.S. Patent for AI-Powered Decryptor Builder to Further Enhance Proven Ransomware Reversal Offering

Retrieved on: 
Thursday, August 17, 2023

SAN JOSE, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA), a cybersecurity company specializing in ransomware decryption, has filed a U.S. patent application for an AI-powered decryptor builder, a groundbreaking enhancement to its third-party validated Ransomware Reversal offering.

Key Points: 
  • SAN JOSE, Calif., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA), a cybersecurity company specializing in ransomware decryption, has filed a U.S. patent application for an AI-powered decryptor builder, a groundbreaking enhancement to its third-party validated Ransomware Reversal offering.
  • This innovative development will enable Nubeva to accelerate the process of delivering customized decryptors for customers affected by new ransomware variants, further reducing recovery times for ransomed organizations.
  • The technology can then write the decryptor software, test kits, and documentation to dramatically improve the efficiency of creating decryptors for novel ransomware variants.
  • Nubeva's Ransomware Reversal provides a robust protection system that decrypts data encrypted during a ransomware attack.

Nubeva's Ransomware Reversal Technology Proven in Rigorous Third-Party Testing at MISI's DreamPort Facility

Retrieved on: 
Thursday, July 20, 2023

During the evaluation, the Nubeva Ransomware Reversal (NuRR) technology achieved a 100% success rate, passing all seventeen prescribed tests without any failures.

Key Points: 
  • During the evaluation, the Nubeva Ransomware Reversal (NuRR) technology achieved a 100% success rate, passing all seventeen prescribed tests without any failures.
  • It demonstrated a 100% key capture rate from a diverse range of specific high-profile ransomware strains tested against, including Lockbit, Ragnar Locker, and BlackBasta.
  • "We were deeply honored to have our Ransomware Reversal technology evaluated by cybersecurity experts at MISI.
  • Nubeva's Ransomware Reversal provides a robust protection system that decrypts data encrypted during a ransomware attack.