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HUB Cyber Security Announces Deepening of Engagement With Leading European Financial Institution

HUB Cyber Security (Nasdaq: HUBC) said on December 11, 2025 it expanded a multi-year engagement with a major European financial institution by adding cybersecurity assessment and consultancy services.

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HUB Cyber Security (Nasdaq: HUBC) said on December 11, 2025 it expanded a multi-year engagement with a major European financial institution by adding cybersecurity assessment and consultancy services.

Under the expanded scope HUB will provide application security testing, including mobile-application penetration testing and code-review services, to support the client's digital risk and compliance initiatives. The company said the move aligns with its broader go-to-market push in Europe for security, compliance and secured data fabric offerings for regulated financial institutions.

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Argus Dec 11 session
+0.46% close to close Open Argus
Details

News Market Reaction – HUBC

On Dec 11, the day this news came out, HUBC closed 0.46% above the previous close.

Data tracked by StockTitan Argus for the Dec 11 session.

Historical Context

5 past events · Latest: 2025-12-10
5 events
  1. 2025-12-10

    Legal settlement

    24h Move
    -22.9%

    Planned settlement of legacy U.S. securities class action for $11M.

  2. 2025-12-10

    Platform positioning

    24h Move
    -22.9%

    Described larger opportunity in compliance-driven finance and KYC/AML contracts.

  3. 2025-12-09

    Product launch

    24h Move
    -20.5%

    Launched HUB Compliance™ with multi-year deal from aerospace and defense client.

  4. 2025-12-08

    Compliance framing

    24h Move
    +1.0%

    Outlined HUB Compliance™ benefits turning regulatory pressure into operational speed.

  5. 2025-12-08

    Strategic vision

    24h Move
    +1.0%

    Positioned HUB as architect of hardware-rooted digital trust with new defense-grade contract.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

confidential computing, secured data fabric, application security testing, penetration testing
4 terms
confidential computing technical
"a global leader in confidential computing and secured data fabric technologies"
Confidential computing is a technology that keeps data secure while it is being processed or analyzed, even from the systems that run the calculations. Think of it like a locked box where sensitive information is kept safe inside, no matter what happens during the work. This helps protect private data from unauthorized access, making it especially important for businesses and investors concerned about data privacy and security.
secured data fabric technical
"confidential computing and secured data fabric technologies, today announced that it has"
A secured data fabric is a comprehensive system that connects and manages data across different sources while ensuring that information remains protected from unauthorized access. Think of it as a secure digital network that safely links all your data, making it easier to access and analyze while keeping sensitive information safe. This matters to investors because it helps organizations make faster, more informed decisions without risking data breaches or leaks.
application security testing technical
"HUB will deliver application security testing, including mobile-application penetration"
Application security testing is the process of checking software for weaknesses that could let hackers steal data, disrupt services, or break compliance, using automated scans, manual reviews, and simulated attacks. For investors, it matters because these checks help prevent costly breaches, downtime, and fines, and protect customer trust and future revenue—similar to inspecting a building’s locks and windows before renting it out to avoid a break-in.
penetration testing technical
"including mobile-application penetration testing and code-review services."
Penetration testing is a controlled security check where experts try to break into a company’s computer systems, networks or applications to find weaknesses before real attackers do. For investors it signals how well a company manages cyber risk, potential costs from breaches or compliance failures, and the firmness of operational defenses—think of it as hiring a professional to test all the locks and alarm systems so vulnerabilities can be fixed before they cause damage.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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TEL AVIV, Israel, Dec. 11, 2025 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd. (Nasdaq: HUBC) (“HUB” or the “Company”), a global leader in confidential computing and secured data fabric technologies, today announced that it has expanded its long-standing relationship with a major European financial institution, adding new cybersecurity assessment and consultancy services to an existing multi-year engagement.

Under the expanded scope, HUB will deliver application security testing, including mobile-application penetration testing and code-review services. The expansion reflects the client’s continued confidence in HUB’s capabilities and supports ongoing digital risk and compliance initiatives.

This engagement aligns with HUB’s broader go-to-market activities in Europe, where the Company is expanding its portfolio of security, compliance and secured data fabric offerings for regulated financial institutions.

“When a Tier-1 European financial institution chooses to deepen a multi-year relationship with our Company, it sends a clear message,” said Noah Hershcoviz, CEO of HUB Cyber Security. “HUB is becoming a trusted player in the security stack of some of the world’s most demanding environments - not by marketing, but by actual performance. This expansion is another step in our broader European strategy, and we expect more to follow.”

About HUB Cyber Security Ltd.

HUB Cyber Security Ltd. (Nasdaq: HUBC) is a global leader in confidential computing, AI-driven data fabric, and cybersecurity. HUB's Secured Data Fabric (SDF) empowers organizations to virtualize, secure, and analyze sensitive data across borders and silos generating real-time intelligence while meeting the highest regulatory standards. With operations across North America, Europe, and Israel, HUB partners with Fortune 100 companies, global banks, and sovereign institutions to secure the next generation of digital infrastructure.

Forward-Looking Statements

This press release contains forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “future,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict,” “seem,” “should,” “will,” “would” and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements are based on the current expectations of the management of HUB, as applicable, and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties, or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those discussed and identified in public filings made with the SEC by HUB and the following: (i) significant uncertainty regarding the adequacy of HUB’s liquidity and capital resources and its ability to repay its obligations as they become due; (ii) the war between Israel and Hamas commenced in October 2023, which may harm Israel’s economy and HUB’s business; (iii) expectations regarding HUB’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and HUB’s ability to invest in growth initiatives and pursue acquisition opportunities; (iv) the outcome of any legal or regulatory proceedings against HUB in connection with our previously announced internal investigation or otherwise; (v) the ability to meet stock exchange continued listing standards and remain listed on the Nasdaq; (vi) competition, the ability of HUB to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (vii) limited liquidity and trading of HUB’s securities; (viii) geopolitical risk, including military action and related sanctions, and changes in applicable laws or regulations; (ix) the possibility that HUB may be adversely affected by other economic, business, and/or competitive factors; and (x) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in HUB’s Annual Report on Form 20-F filed on May 1, 2025.

Should one or more of these risks or uncertainties materialize or should any of the assumptions made by the management of HUB prove incorrect, actual results may vary in material respects from those expressed or implied in these forward-looking statements.

All subsequent written and oral forward-looking statements concerning HUB or other matters addressed in this press release and attributable to HUB or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in the press release. Except to the extent required by applicable law or regulation, HUB undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this press release to reflect the occurrence of unanticipated events.

Investor Relations

Lytham Partners
Ben Shamsian
646-829-9701
shamsian@lythampartners.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did HUB Cyber Security (HUBC) announce on December 11, 2025?

HUB announced it expanded a multi-year engagement with a major European financial institution to add cybersecurity assessment and consultancy services.

Which services will HUBC deliver under the expanded engagement?

HUB will provide application security testing, including mobile-application penetration testing and code-review services.

How does the December 11, 2025 engagement affect HUBC's Europe strategy?

The expansion supports HUB's go-to-market push in Europe for security, compliance and secured data fabric offerings for regulated financial institutions.

Does the HUBC announcement on December 11, 2025 include financial terms or revenue guidance?

No; the announcement describes services added to the engagement but does not disclose financial terms or guidance.

Which HUB executive commented on the expanded relationship on December 11, 2025?

CEO Noah Hershcoviz commented that the expansion reflects client confidence and fits HUB's broader European strategy.

Will the December 11, 2025 HUBC engagement expansion increase regulatory or compliance coverage for the client?

According to the announcement, the added services support the client's ongoing digital risk and compliance initiatives.

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