Nubeva (NBVA) has received third-party validation of its upcoming SKI ransomware reversal solution.
The findings hold that SKI can intercept encryption keys and decrypt ransomware 96.84 per cent of the time.
Validators conducted tests over four weeks against thousands of random ransomware samples never seen by the company, including Conti, Lockbit, Pysa, Haron and AvosLocker. The test group included cybersecurity manufacturers, managed security service providers and end-users.
The company is confident that it can tune SKI towards 99-per-cent efficacy.
“This is big news. This third-party validation backs up the numbers that we have been reporting from internal testing,” said Steve Perkins, CMO 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.”
Nubeva Technologies’ SKI (Session Key Intercept) technology offers a better, faster, easier and lower-cost alternative to legacy decryption.
Nubeva (NBVA) is up by 5 per cent and is currently trading at $1.47 per share as of 12:14 pm EST.