HUB Security, Blackswan collaborate on cyber enterprise solution for bank

HUB Cyber Security announces a significant expansion of its collaboration with Blackswan Technologies to provide a joint solution for enterprise Confidential Computing to the financial sector. In connection with an agreement recently signed by Blackswan Technologies with one of Europe’s largest financial institutions, HUB undertook to provide Confidential Computing cybersecurity solutions to safeguard the bank’s critical data assets in their most vulnerable state – while undergoing processing. The framework agreement signed for 3 years term with potential 24 month extension. It is expected that Hub’s share of the revenue will exceed $25m within the year and a half.