Core Viewpoint - HUB Cyber Security Ltd. has appointed Shlomo Bibas as an Independent Member of its Board of Directors, emphasizing the company's commitment to enhancing corporate governance and board-level expertise as it pursues global expansion [1][2][4] Company Overview - HUB Cyber Security Ltd. specializes in advanced cybersecurity solutions, protecting sensitive commercial and government information with offerings that include encrypted computing technologies and data theft prevention solutions [5] Appointment Details - Shlomo Bibas brings over 20 years of leadership experience in technology, cybersecurity, and corporate governance, with a strong track record in strategic growth and operational efficiency [2][3] - His previous roles include Senior Vice President of Operations and Chief Technology Officer at Woodbridge Group, and Chief Information Officer at Celestica, a company with over $9 billion in annual revenues [3] Strategic Importance - The appointment of Mr. Bibas is seen as pivotal for HUB as it accelerates its global market expansion, leveraging his extensive experience in scaling technology operations and navigating complex regulatory environments [4]

Core Insights - HUB Cyber Security Ltd. has been selected by Cassa di Risparmio della Repubblica di San Marino S.p.A. for a €20 million digital banking and infrastructure modernization project [1][2] - The project aims to modernize the Bank's core technology ecosystem, focusing on regulatory compliance, advanced cybersecurity, and a complete overhaul of its banking platforms [2] - This initiative marks a significant milestone for HUB in its strategic expansion into the regulated banking sector, enhancing its reputation as a trusted partner in high-security environments [3] Company Overview - HUB Cyber Security Ltd. was established in 2017 by veterans of the Israeli Defense Forces, specializing in advanced cybersecurity solutions [4] - The company operates in over 30 countries, providing cutting-edge cybersecurity appliances and services to a diverse client base [4] - HUB's offerings include encrypted computing technologies and innovative data theft prevention solutions [4]