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HUB Cyber Security Details HUB Token Key Use Cases for Trvsthub™ Platform in SSI-Driven Financial Applications
Globenewswire· 2025-11-12 13:30
Core Insights - HUB Cyber Security Ltd. is advancing its Trvsthub™ platform, which will utilize the HUB Token (HUBT) to enhance self-sovereign identity (SSI) in a decentralized financial ecosystem [1][2][3] Group 1: Trvsthub™ Platform Overview - The Trvsthub™ platform aims to address challenges in stablecoin transactions, cryptocurrency payments, and cross-border remittances, enhancing efficiency, compliance, and trust [1][2] - HUBT will serve as the native utility token for Trvsthub™, promoting participation and ensuring long-term viability in SSI-enabled financial applications [2] Group 2: Strategic Vision and Market Impact - The SSI framework is positioned to mitigate the $7.6 trillion annual economic impact of cybercrime, providing enterprise-grade security to various sectors [3][4] - The stablecoin market is projected to reach $282 billion in 2025, with annual transaction volumes exceeding $27 trillion [4][11] - Traditional remittance corridors, which handle $913 billion in 2025 flows, face high fees of 6-7%, and HUBT aims to reduce these costs significantly [4][11] Group 3: Security and Compliance Features - HUBT will enable ultra-low micro-fees for SSI credential management, facilitating rapid transaction settlements and reducing operational overhead [4] - The platform will incorporate advanced security measures, including hardware security modules, military-grade encryption, and AI-driven anomaly detection to protect transactions [4] Group 4: Adoption and Integration - The integration of SSI in crypto payments could automate merchant onboarding and customer verifications, significantly lowering fraud rates and compliance costs [4] - HUB Cyber Security is inviting developers and financial institutions to explore integration opportunities with the Trvsthub™ platform [5]
SASE OpsLab Partners with Netskope to Revolutionize SASE Deployment at Scale for Frictionless Customer Experience
Globenewswire· 2025-11-12 13:00
Core Insights - UBiqube has expanded its SASE OpsLabs enablement portal in collaboration with Netskope, aiming to facilitate SASE adoption for Fortune 5000 companies through automation kits [1][2] - The integration allows for seamless management of secure tunnels and private application definitions, significantly reducing manual configurations and lead times [1][2] - SASE OpsLab serves as an automation marketplace designed to simplify and scale SASE operations, providing ready-to-use "Ops Kits" to accelerate deployments and migrations [3] Company Collaboration - The partnership between UBiqube and Netskope focuses on leveraging infrastructure automation technology to alleviate operational burdens during customer SASE journeys [2] - Netskope emphasizes the importance of cloud-centric cybersecurity models and the need for effective tunnel operations and connectivity management [2] SASE OpsLab Overview - SASE OpsLab is designed to deliver prepackaged deployment and migration solutions, enhancing operational efficiency and reducing risks associated with SASE implementations [3] - The initiative is supported by UBiqube's expertise in IT and cloud infrastructure automation, addressing significant challenges in SASE operations [3]
SASE OpsLab 携手 Netskope 大规模革新 SASE 部署,打造顺畅客户体验
Globenewswire· 2025-11-12 13:00
Core Insights - UBiqube partners with Netskope to enhance SASE OpsLab, providing automated tools for deployment and migration, aimed at Fortune 500 companies [1][2] - The integration aims to streamline the creation and management of secure tunnels from multi-vendor customer premises equipment (CPE) to Netskope's points of presence (POPs), reducing manual configuration errors and deployment time [1][2] Company Collaboration - Netskope's VP of Technology Alliances, David Willis, emphasizes the focus on combining leading technology with customer experience to alleviate operational burdens during SASE implementation [2] - UBiqube's VP of Strategic Alliances, Hywel Edwards, highlights the importance of tunnel operations and connectivity change management in transitioning to a cloud-centric security model [2] SASE OpsLab Overview - SASE OpsLab is designed to simplify and scale SASE operations, offering pre-packaged deployment and migration use cases [2] - The platform provides ready-to-use operational packages ("Ops Kits") to accelerate deployment, simplify migration processes, and reduce operational risks [2]
BIO-key Partners with VaporVM to Expand Reach of its Advanced Identity and Access Management and Biometric Cybersecurity Solutions in Middle East and Africa
Globenewswire· 2025-11-12 09:00
Core Insights - BIO-key International, Inc. has formed a strategic partnership with VaporVM to enhance its identity and access management solutions across the Middle East and Africa [1][2][4] Group 1: Partnership Overview - The collaboration aims to leverage VaporVM's cloud-native expertise and regional presence to deliver BIO-key's IAM solutions to various sectors [2][3] - VaporVM will integrate BIO-key's IAM and biometric solutions, providing local expertise and technical support [3][5] Group 2: Strategic Goals - The partnership is expected to strengthen cybersecurity measures for enterprises operating on major cloud platforms like AWS, Azure, and Google Cloud [3][4] - BIO-key's Regional Director emphasized the commitment to providing secure and scalable digital transformation solutions [4] Group 3: Company Background - BIO-key specializes in biometric-centric, multi-factor IAM software, securing access for over 40 million users [7] - The company's PortalGuard IAM solution offers various authentication methods, including passwordless options [7][9]
NSS Labs Selects ectacom GmbH to Expand Cybersecurity Representation in Central Europe
Prnewswire· 2025-11-12 09:00
Core Insights - NSS Labs has partnered with ectacom GmbH to represent its cybersecurity services in the DACH region and Poland, enhancing its market presence in Central Europe [1][4] - The collaboration aims to provide enterprises, service providers, and security vendors with access to NSS Labs' real-world cybersecurity testing services, which are designed to strengthen defenses and ensure compliance [2][4] Company Overview - NSS Labs is recognized as a leading authority in independent cybersecurity product validation, offering research-backed insights and advanced testing platforms to empower informed cybersecurity decisions [5] - ectacom GmbH is a prominent German value-added distributor specializing in complex IT, OT, and IoT solutions, focusing on improving infrastructure efficiency and maintaining compliance for its partners [5] Service Offerings - NSS Labs will offer its managed security testing service, Minion, which simulates live attack scenarios to help organizations validate the effectiveness of their security products [3][6] - The Minion service is designed to assist CISOs, CIOs, and Chief Risk Officers in meeting regulatory compliance and enhancing supply chain assurance [3][6]
Zscaler Stock: The Cybersecurity Titan Poised For Continued Growth (NASDAQ:ZS)
Seeking Alpha· 2025-11-12 07:52
Core Insights - ZScaler has shown strong financial performance with double beats in its third- and fourth-quarter 2025 financial reports [1] - The stock price has increased by 55.67% since the last article publication [1] Financial Performance - The company reported robust financial results for the third and fourth quarters of 2025, indicating strong operational performance [1] Stock Performance - ZScaler's stock has appreciated significantly, reflecting positive market sentiment and investor confidence [1]
Intrusion(INTZ) - 2025 Q3 - Earnings Call Transcript
2025-11-11 23:00
Financial Data and Key Metrics Changes - Total revenues for Q3 2025 were $2.0 million, representing a 5% increase sequentially and a 31% increase year over year, driven by contract expansion with the Department of Defense [11][15] - Gross profit margin for Q3 was 77%, down 58 basis points year over year, consistent with expected variability based on product and service mix [16] - Net loss for Q3 2025 was $2.1 million, or $0.10 per share, unchanged from the net loss of $2.1 million in Q3 2024 [17] Business Line Data and Key Metrics Changes - Consulting revenue was $1.5 million, up $0.1 million sequentially and $0.4 million year over year [15] - Shield revenues totaled $0.5 million, relatively flat sequentially but up approximately $0.1 million year over year, primarily reflecting work under the DoD contract [15] Market Data and Key Metrics Changes - The company shipped over 230 units of its Critical Infrastructure device as part of a contract with the Department of Defense, indicating strong demand for protecting critical infrastructure from cyber threats [9][10] - The partnership with Port Nexus is seeing strong demand for Shield Endpoint embedded within their MyFlare solution, particularly among school districts [10][41] Company Strategy and Development Direction - The launch of Shield Cloud on the AWS Marketplace is expected to drive long-term growth by expanding customer access to Shield Technology [7][8] - The company is preparing to launch Shield Cloud on Microsoft's Azure platform, further expanding its reach to potential customers [8] - The focus remains on disciplined spending while investing in product development and sales and marketing to accelerate customer base growth [16] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about closing new agreements in the government sector once the current government shutdown is resolved, while also seeing an expanding pipeline of non-government opportunities [12][14] - The company is confident in its ability to deliver stronger performance over time, supported by ongoing investments and improved customer engagement [19] Other Important Information - Cash and cash equivalents as of September 30, 2025, were $2.5 million, with short-term investments in U.S. treasuries of $2 million, and an additional $3 million received post-quarter end related to the DoD contract extension [17] Q&A Session Summary Question: Infrastructure work with the DoD and future opportunities - Management indicated that the initial project has opened doors for further discussions about deployment in other locations, with significant potential for additional contracts in both government and private sectors [23][24] Question: Experience on AWS and initial feedback - The company has received positive feedback from initial beta customers and is making updates to improve configuration and installation, with expectations for accelerated adoption [26][28] Question: Revenue opportunity with OT Defender - Management highlighted that OT Defender presents larger sales opportunities compared to other products, with significant market potential in underinvested cybersecurity areas [54][55] Question: Revenue opportunity with Port Nexus school safety offering - The solution is expected to become critical in schools, with strong interest from school administrators due to its simplicity and effectiveness in enhancing situational awareness during incidents [58][60] Question: Shield Cloud revenue opportunity - Management expressed optimism about the growth potential in the cloud market, emphasizing the need for effective execution of marketing and demand generation plans [63]
Shareholders that lost money on Fortinet, Inc.(FTNT) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
Globenewswire· 2025-11-11 21:39
Core Viewpoint - A class action securities lawsuit has been filed against Fortinet, Inc. for alleged securities fraud affecting investors between November 8, 2024, and August 6, 2025 [1][2] Group 1: Lawsuit Details - The lawsuit claims that Fortinet misrepresented the profitability of its product refresh cycle, stating it would be more lucrative than it actually was, as it involved old products that constituted a "small percentage" of the Company's business [2] - Defendants allegedly concealed the true number of FortiGate firewalls eligible for upgrades and misled investors about the momentum of the refresh cycle, which was pushed through aggressively in a short time frame [2] Group 2: Investor Information - Investors who suffered losses during the specified period have until November 21, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3] Group 3: Law Firm Background - Levi & Korsinsky has a history of securing significant settlements for shareholders and is recognized as one of the top securities litigation firms in the United States, with over 70 employees dedicated to serving clients [4]
SecureTech Further Reduces Outstanding Shares 11.3%
Globenewswire· 2025-11-11 13:30
Core Insights - SecureTech Innovations, Inc. has announced a significant reduction in its outstanding common shares as part of its 2025 Share Reduction Program [1][2] - The company has canceled an additional 4,000,000 shares, resulting in an 11.3% reduction in total shares, bringing the total to 31,370,414 shares [2] - SecureTech aims to reduce the total number of issued and outstanding shares to below 20 million by the end of 2025, with further reductions anticipated in the current fiscal quarter [3] Company Strategy - J. Scott Sitra, President and CEO, emphasized the success of the Share Reduction Program and the commitment to further reductions before the end of FY2025 [4] - The share reductions are part of a strategy to uplist to NASDAQ in early 2026, guided by Craft Capital Management [4] Company Overview - SecureTech Innovations is a leader in artificial intelligence, industrial 3D printing, cybersecurity, and digital infrastructure solutions [1] - The company is also involved in blockchain and Web3 technologies through its Piranha Blockchain subsidiary, focusing on secure digital asset storage and online privacy [5] - SecureTech is known for its safety device, Top Kontrol, which is designed to prevent theft and carjacking [5]
Tenable Named a Leader in the 2025 Gartner® Magic Quadrant™ for Exposure Assessment Platforms
Globenewswire· 2025-11-10 21:20
Core Insights - Tenable has been recognized as a Leader in the inaugural 2025 Gartner Magic Quadrant for Exposure Assessment Platforms, achieving the highest position for Ability to Execute and the furthest right for Completeness of Vision [1] - The company has also been named a Leader in both the IDC MarketScape: Worldwide Exposure Management 2025 Vendor Assessment and The Forrester Wave™: Unified Vulnerability Management, Q3 2025 [2] Company Overview - Tenable's mission focuses on helping organizations understand and mitigate risk, evolving from traditional IT vulnerability identification to a comprehensive view of risk across various modern attack surfaces, including AI, cloud, IT, identity, third-party, web applications, and operational technology [3] - The Tenable One Exposure Management Platform is designed to provide a complete view of risk, enabling organizations to identify and address vulnerabilities quickly [3] Strategic Approach - The recognition from Gartner is seen as validation of Tenable's proactive strategy in identifying changes in the attack surface and providing customers with tools to monitor and mitigate exposures [4] - Tenable emphasizes a risk-based analytics approach and boasts an ecosystem of over 300 integrations, which allows more than 44,000 organizations to manage cyber risk effectively [4] Market Position - The Tenable One platform is positioned at the forefront of the market's transition to exposure management, with Gartner introducing the term Continuous Threat Exposure Management (CTEM) to describe this proactive approach [5] - Tenable's early adoption of exposure management has solidified its status as a market leader in the shift from traditional vulnerability management [5] Future Outlook - The company asserts that with the rise of AI weaponization, a preemptive approach to cybersecurity is essential, and Tenable One is the only platform that provides a holistic view of the attack surface [6]