TEL AVIV, Israel, May 12, 2025 (GLOBE NEWSWIRE) — HUB Cyber Security Ltd. (NASDAQ:HUBC) (“HUB” or the “Company”), a developer of confidential computing cybersecurity solutions and services, today announced a series of new customer wins through its cybersecurity division, further expanding its footprint in high-risk, regulated industries including healthcare, financial services, and digital infrastructure.
The new engagements, signed over the first quarter of 2025 and collectively valued at over $1.5 million, underscore HUB’s continued momentum in providing secured, compliant infrastructure to organizations facing increasingly complex data protection and regulatory challenges.
“These latest wins reflect the execution of our strategy and the increasing confidence clients have in our platform,” said Noah Hershcoviz, CEO of HUB. “We’re focused on long-term, embedded relationships in industries that require resilience, security, and compliance by design. The market demands we’re seeing confirms the relevance of our offering – and we expect this momentum to continue in 2025.”
The announcement follows the Company’s recent FY2024 results, in which HUB reported that over 60% of its annual revenue was derived from recurring contracts across financial services and critical infrastructure. The Company’s core platform, the Secured Data Fabric (SDF), is built to meet the needs of institutions that require zero-trust environments, encrypted data layers, and AI-driven compliance capabilities.
With active deployments underway across North America and Europe, HUB continues to scale its secured data infrastructure and confidential computing capabilities, strengthening its position as a trusted cybersecurity partner for global enterprises.
About HUB Cyber Security Ltd.
HUB Cyber Security Ltd. (“HUB” or the “Company”) was established in 2017 by veterans of the elite intelligence units of the Israeli Defense Forces. The Company specializes in …