Nubeva Featured in ICE71-RSAC 365 Innovation Showcase on the Future of Ransomware

Rhea-AI Summary

Nubeva Technologies was highlighted in the ICE71-RSAC 365 Innovation Showcase for its advanced ransomware decryption solutions, illustrating its effectiveness against major ransomware variants like Ragnar Locker and Conti. The presentation aired online on November 3, 2022. Nubeva's patented software enables rapid decryption of ransomware by capturing key attack data in real-time. The company also offers decryption services for organizations lacking prior installation. Nubeva aims to minimize downtime and ransom payments for businesses, enhancing cyber resilience.

Positive

• Featured in a prestigious innovation showcase, enhancing brand visibility.
• Patented technology demonstrates effectiveness against prominent ransomware threats.
• Offers decryption services to aid organizations post-attack, expanding service capabilities.

Negative

• None.

Nubeva noted for breakthrough solutions in ransomware decryption for cyber resilience and business continuity

SAN JOSE, Calif., Nov. 17, 2022 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA, OTCQB: NBVAF) was recently featured as a new solution to ransomware attacks in the ICE71-RSAC 365 Innovation Showcase on “The Future of Ransomware.”

The full conference, including the Nubeva presentation and Q&A session, aired online on November 3 and can been viewed here.

“It was an honor for Nubeva to be part of the ICE71-RSAC 365 Innovation Showcase,” said Steve Perkins, Nubeva’s chief marketing officer. “Nubeva’s success in decrypting the latest versions of ransomware like Ragnar Locker, Conti, and LockBit demonstrates the key value of this technology in reducing the ransomware threat to critical infrastructure–and thus makes it a valuable contributor to the cybersecurity community in the U.S. and worldwide.”

Nubeva has developed a breakthrough, patented software system that, if installed prior to an attack, allows for the decryption of ransomware quickly and easily by monitoring and capturing essential attack information in real-time. The company complements the software system with a set of decryption and data recovery services to help attacked organizations who do not have the software installed.

About Nubeva Technologies
Nubeva Technologies 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’s ransomware reversal software is available to end-user enterprises, managed security service providers, incident responders, and cybersecurity solution manufacturers. More details on Nubeva’s ransomware reversal and retrieval abilities are available here.

Forward-Looking Statements
This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the Company's business plans and the outlook of the cybersecurity industry. Although the Company believes in light of the experience of its officers and directors, current conditions and expected future developments, and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release, and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws. The Company undertakes no obligation to comment on analyses, expectations, or statements made by third parties regarding the Company, its subsidiaries, their securities, or their respective financial or operating results (as applicable).

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

For additional information or to schedule interviews, contact:

Steve Perkins
Chief Marketing Officer, Nubeva
sperkins@nubeva.com 
(714) 261-9948

FAQ

What was Nubeva Technologies highlighted for in the ICE71-RSAC 365 Innovation Showcase?

Nubeva Technologies was recognized for its breakthrough solutions in ransomware decryption.

When did Nubeva present in the ICE71-RSAC 365 Innovation Showcase?

Nubeva's presentation aired online on November 3, 2022.

What ransomware variants does Nubeva's technology decrypt?

Nubeva's technology can decrypt major ransomware variants such as Ragnar Locker, Conti, and LockBit.

How does Nubeva Technologies help organizations after a ransomware attack?

Nubeva offers decryption services to help organizations recover data if they did not have prior software installed.

What is Nubeva's mission regarding ransomware recovery?

Nubeva aims to reduce downtime costs and damages, ensuring businesses never pay ransoms again.