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HUB Cyber Security Wins €20 Million Contract to Lead Banking Modernization for Prestigious Financial Institution in Europe
Globenewswire· 2025-04-09 14:32
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]