- Nubeva Technologies (NBVA) announced the sale of its breakthrough ransomware reversal system to a city government in Florida
- Nubeva’s ransomware reversal solution equips the Florida city with ransom-less decryption protection
- The company’s software is available to end-user enterprises, managed security service providers, incident responders, and cybersecurity solution manufacturers
- Nubeva provides next-generation decryption solutions for faster, lower-cost recovery from ransomware attacks
- Nubeva Technologies Ltd. (NBVA) is up 7.25 per cent, trading at C$0.74 per share at 12:25 pm ET
Nubeva Technologies (NBVA) announced the sale of its breakthrough ransomware reversal system to a city government in Florida.
The city, which wished to remain anonymous, selected Nubeva as part of its cyber resilience and business continuity strategy specific to ransomware attacks.
Steve Perkins, CMO of Nubeva, commented on the news.
“The use of Nubeva’s technology by this Florida city illustrates the rising need for—and recognition of—a proactive approach to ransomware threats. As we see in the news, local governments like Suffolk County, NY, and Fremont County, CO, are increasingly targeted by ransomware. The stakes are especially high as their data affect public services and consumer safety. It is clear the public sector requires solutions to provide resilience from attacks, and Nubeva’s technology fills that void.”
Nubeva’s ransomware reversal solution equips the Florida city with ransom-less decryption protection. Cyberattacks have disrupted many sectors in the state of Florida, including hospitals, unemployment websites, and city government.
The company’s software is available to end-user enterprises, managed security service providers, incident responders, and cybersecurity solution manufacturers.
Nubeva provides next-generation decryption solutions for faster, lower-cost recovery from ransomware attacks. Its mission is to reduce downtime costs and damages so that businesses never pay ransoms again.
Nubeva Technologies Ltd. (NBVA) is up 7.25 per cent, trading at C$0.74 per share at 12:25 pm ET.
