MISI Invites Nubeva To 3rd Party Testing of Ransomware Reversal Product
29 June 2023 - 11:23PM
Nubeva Technologies (TSX-V: NBVA, OTCQB: NBVAF) announces it has
accepted the invitation for independent third-party testing and
validation of its Ransomware Reversal Product by the Maryland
Innovation and Security Institute (MISI) at its DreamPort facility.
DreamPort is a renowned mission accelerator facility founded and
funded by U.S. Cyber Command.
Steve Perkins, CMO and Head of Product at
Nubeva, expressed the significance of this invitation. “We are
deeply honored to have been invited to DreamPort. DreamPort is an
invitation-only facility renowned for its rigor and integrity in
cybersecurity testing of leading-edge products and technologies,”
said Perkins. “DreamPort's affiliation with U.S. Cyber Command adds
an unmatched layer of credibility to the testing process."
Nubeva's Ransomware Reversal provides a robust
protection system that decrypts data encrypted during a ransomware
attack. This innovative solution enables fast and easy recovery
from such attacks, eliminating the need to pay ransoms. Ensuring
rapid and reliable data restoration helps organizations minimize
operational disruptions, data loss, and the associated financial
and other losses. This patented technology introduces a new level
of business resilience against the rising ransomware threat.
“We recognize the
indispensable value of third-party validation,” added Perkins. “We
eagerly await the results and are confident that this validation
will firmly establish Nubeva’s Ransomware Reversal technology as an
essential and effective resource for organizations across
industries to combat the effects of ransomware.”
The DreamPort
facility, established through a Partnership Intermediary Agreement
by U.S. Cyber Command and awarded to MISI, is renowned for
fostering innovation, collaboration, and prototyping in
cybersecurity. It is highly credible in the sector and connected to
national cybersecurity operations.
Nubeva anticipates the release of the final
findings on the testing and evaluation of Ransomware Reversal
technology in July of 2023.
About Nubeva TechnologiesNubeva Technologies
provides next-generation decryption solutions for faster,
lower-cost recovery from ransomware attacks. Its mission is to
reduce downtime costs and damages so businesses never pay ransoms
again. Nubeva’s ransomware reversal software is available to
end-user enterprises, managed security service providers, incident
responders, and cybersecurity solution manufacturers.
About
DreamPortDreamPort is a cyber innovation, collaboration, and
prototyping facility located in Columbia, MD. It was created by
USCYBERCOM through a Partnership Intermediary Agreement awarded to
the Maryland Innovation and Security Institute (MISI) in May
2018.
About MISIMaryland Innovation and Security
Institute (MISI) is a non-profit formed exclusively to further and
promote charitable, educational, and scientific purposes including,
but not limited to, furthering innovation in cybersecurity through
education, global technology partnerships, investment, and
community engagement to create a collaborative network of subject
matter experts and cyber professionals. One of the missions of MISI
is to operate the DreamPort mission accelerator located in
Columbia, Maryland. To learn more, visit https://misi.tech.
About U.S. Cyber CommandU.S. Cyber Command
plans, coordinates, integrates, synchronizes, and conducts
activities to: direct the operations and defense of specified
Department of Defense information networks and; prepare to, and
when directed, conduct full spectrum military cyberspace operations
in order to enable actions in all domains, ensure U.S./Allied
freedom of action in cyberspace and deny the same to our
adversaries. Visit http://www.cybercom.mil/ to learn more.
For further information and for a private
briefing on Nubeva’s ransomware decryption solutions, visit
www.nubeva.com
Forward-looking statements
This news release contains “forward-looking
information” and “financial outlook” within the meaning of
applicable securities laws relating to the company's business
plans, the outlook of the cybersecurity industry, and the
expectation that the company will be cash flow positive for
calendar 2023. Although the company believes in light of the
experience of its officers and directors, current conditions and
expected future developments, and other factors that have been
considered appropriate that the expectations reflected in this
forward-looking information and financial outlook are reasonable,
undue reliance should not be placed on them because the company can
give no assurance that they will prove to be correct. Actual
results and developments may differ materially from those
contemplated by these statements for reasons relating to the
development and adoption of the company’s technology and its input
and capital cost requirements, among other factors. The statements
in this press release are made as of the date of this release, and
the company assumes no responsibility to update them or revise them
to reflect new events or circumstances other than as required by
applicable securities laws. The company undertakes no obligation to
comment on analyses, expectations, or statements made by third
parties regarding the company, its subsidiaries, their securities,
or their respective financial or operating results (as
applicable).
Neither the TSX venture exchange nor its
regulation services provider (as that term is defined in the
policies of the TSX venture exchange) accepts responsibility for
the adequacy or accuracy of this release.
For additional information or to schedule interviews,
contact:
Steve PerkinsChief Marketing Officer,
NubevaSperkins@nubeva.com(714) 261-9948
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