Nubeva Technolog Stock Price, News & Analysis

Nubeva Technologies was highlighted in the ICE71-RSAC 365 Innovation Showcase for its advanced ransomware decryption solutions, illustrating its effectiveness against major ransomware variants like Ragnar Locker and Conti. The presentation aired online on November 3, 2022. Nubeva's patented software enables rapid decryption of ransomware by capturing key attack data in real-time. The company also offers decryption services for organizations lacking prior installation. Nubeva aims to minimize downtime and ransom payments for businesses, enhancing cyber resilience.

Nubeva Technologies announced the receipt of a patent for its Session Key Intercept technology aimed at ransomware decryption. This technology enables real-time monitoring of computer encryption, retrieving session keys for decryption purposes. The patent strengthens Nubeva's existing intellectual property portfolio and positions it as a user-friendly solution against ransomware for various organizations. Nubeva’s mission is to provide affordable recovery from ransomware attacks, ensuring businesses never pay ransoms again.

Nubeva Technologies has successfully decrypted ransomware for a retail services company, ensuring 100% data recovery and system restoration within 12 hours. This achievement underscores the effectiveness of Nubeva's technology against modern ransomware threats, including renowned variants like LockBit and Conti. The technology captures encryption keys during an attack, allowing organizations to recover files without paying ransoms, typically within 48 hours. Nubeva's solutions cater to enterprises, managed security service providers, and incident responders, emphasizing rapid recovery and incident analysis.

Nubeva Technologies has secured a contract with an unnamed Florida city government for its Ransomware Reversal solution. This sale underscores the increasing demand for cybersecurity measures amid rising ransomware incidents affecting local governments, including Suffolk County and Fremont County. The technology enables organizations to recover data without paying ransoms, offering decryption protection typically within 48 hours. As ransomware attacks disrupt essential services in Florida, Nubeva aims to enhance cyber resilience and business continuity for municipal governments.

Nubeva Technologies has announced a software partnership with a Midwest college, marking its entry into the higher education sector's cybersecurity market. This collaboration aims to combat the rising threat of ransomware attacks, with 64% of institutions reportedly targeted last year. Nubeva's technology captures ransomware encryption keys during attacks, enabling organizations to decrypt files without paying ransoms. The college's Chief Technology Officer has expressed confidence in this solution enhancing their cyber resilience and business continuity.

Nubeva Technologies successfully decrypted ransomware for a billion-dollar company without ransom payments. Their technology restored 100% of encrypted data within 24 hours, validating its capabilities. This case adds to a series of successful decryptions, including those from LockBit and Conti. The company emphasizes that traditional security measures are insufficient against evolving ransomware threats. Nubeva's innovative approach captures encryption keys during attacks, allowing for quick and cost-effective data recovery. Their software offers vital incident response support, establishing Nubeva as a key player in ransomware recovery.

Nubeva Technologies (TSX-V: NBVA, OTCQB: NBVAF) has successfully decrypted data from a Hive ransomware attack on a large public school district. Their Ransomware Reversal technology allows for recovery without negotiating ransom payments, leading to quicker data recovery and lower costs. With the capability to decrypt both older and newer ransomware strains, Nubeva aims to eliminate the need for ransom payments entirely. The technology was launched in Q1 2022 and is marketed to businesses through direct sales and partnerships with MSSPs and IR partners.

Nubeva Technologies (OTCQB: NBVAF) announced that its common shares will begin trading on the OTCQB as of July 18, 2022, enhancing access and liquidity for U.S. shareholders. Previously listed on the OTC Pink Open Market, Nubeva aims to provide better trading conditions. CEO Randy Chou stated that this move aligns with their commitment to shareholder accessibility. Nubeva focuses on cybersecurity, particularly ransomware solutions, with its flagship product, Ransomware Reversal, designed to decrypt files during attacks, minimizing operational downtime.

Nubeva Technologies (OTC: NBVAF) has announced a strategic partnership with Arcas Risk Management to enhance cybersecurity solutions against ransomware. The partnership enables Arcas to utilize Nubeva's Ransomware Reversal technology, which captures encryption keys during ransomware attacks, allowing organizations to recover locked files without paying ransoms. This collaboration aims to extend Nubeva's reach in the market, providing increased protection and efficiency in incident response for customers. The partnership reflects a commitment to advancing cybersecurity solutions for small and mid-sized organizations.