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Nubeva Technologies Ltd V.NBVA

Alternate Symbol(s):  NBVAF

Nubeva Technologies Ltd. is a cybersecurity company specializing in ransomware decryption and recovery. The Company provides decryption solutions for recovery from ransomware attacks. Its ransomware reversal software is available to end-user enterprises, managed security service providers, incident responders, and cybersecurity solution manufacturers. Its flagship product, Ransomware Reversal is focused on the cybersecurity landscape. This solution leverages its Session Key Intercept (SKI) technology to offer an approach to ransomware protection by enabling recovery from attacks, thus nullifying its impact and damage. Its Ransomware Reversal is the solution to decrypt virtually all modern ransomware. Its Ransomware Reversal is a protective solution to combat the escalating ransomware threat. Its decryption technology enables organizations to decrypt ransomware without paying ransoms. The Company delivers the solution as a software toolkit.


TSXV:NBVA - Post by User

Post by Mapleleaf57on Dec 23, 2021 9:00am
165 Views
Post# 34257416

NUBEVA ANNOUNCES THIRD-PARTY VALIDATION OF ITS UPCOMING

NUBEVA ANNOUNCES THIRD-PARTY VALIDATION OF ITS UPCOMING
NUBEVA ANNOUNCES THIRD-PARTY VALIDATION OF ITS UPCOMING RANSOMWARE REVERSAL SOLUTION
Nubeva Technologies Ltd. has provided positive results from third party testing on new ransomware reversal technology.
The findings validate previous claims that Nubeva can intercept encryption keys and decrypt (reverse) ransomware 96.84 per cent of the time. Over four weeks, tests were conducted against thousands of random ransomware samples never seen by Nubeva. The samples came from both active and legacy families of malicious software, including Conti, Lockbit, Pysa, Haron and AvosLocker. The test group included cybersecurity manufacturers, managed security service providers and end-users.
"This is big news. This third party validation backs up the numbers that we have been reporting from internal testing," said Steve Perkins, chief marketing officer and head of product at Nubeva. "If we can neutralize 97 per cent or more of today's ransomware and provide an instant data recovery option, we are in the position to make a huge impact. And based on the findings, we feel confident that with the further tune of our solution towards 99-per-cent efficacy."
Nubeva announced in September, 2021, that it has successfully adapted its patented and award-winning session key intercept technology to decrypt and recover from ransomware attacks. The SKI software runs on a computer and can learn and intercept copies of encryption keys utilized in a ransomware attack. With keys in hand, Nubeva provides a simple, efficient decryption capability to instantly reverse the attack, restore data and get back to normal operations. Nubeva has been licensing SKI to the cybersecurity industry for years to allow lawful inspection of encrypted network traffic.
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