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Stock impact report

HUB Security Announces Strategic Initiatives and Upcoming Financial Results Amid U.S. Market Penetration Plans

Hub Cyber Security Ltd. (HUBC) 
Company Research Source: GlobeNewswire
TEL AVIV, Israel, Nov. 05, 2024 (GLOBE NEWSWIRE) -- via IBN – HUB Cyber Security Ltd. (NASDAQ: HUBC) (“HUB Security”; or the “Company”), a leading provider of cybersecurity solutions and advanced data fabric, is pleased to provide an update on several initiatives and developments as it continues to enhance its market position and deliver value to its stakeholders. The Company anticipates releasing its financial results for the six months ended June 30, 2024, by the end of November. In addition, HUB Security is pleased to report a growing interest in expanding its products within its current customer base. A key contract with a leading European Bank is expected to expand the Company’s compliance offering from perpetual KYC services to using its advanced NLS (Screening) solution to efficiently screen customers at onboarding and at a frequency of their choice. HUB Security’s pipeline of contracts for the Secured Data Fabric product continues to grow. As previously announced, the Co Show less Read more
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