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Nubeva Technologies Ltd(NBVA-X)
TSX Venture

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Cybersecurity Firm Receives U.S. Patent

AllPennyStocks.com - Mon Oct 23, 2023

Ransomware attacks are on the rise, and companies worldwide are looking for solutions to enhance monitoring and reduce risk. This innovative firm, a leader in decryption solutions, just secured a U.S. patent for its capability to decrypt TLS traffic with certificate pinning. The advancement, developed by Nubeva Technologies(TSX-V: NBVA), directly supports SWG, SASE, Firewalls, and other network security and monitoring systems, helping them eliminate blind spots and enhance traffic inspection.

Major corporations, including Apple, Microsoft and Google, are adopting certificate pinning, which is a mechanism designed to counter Man-in-the-Middle (MITM) techniques. The technique poses significant challenges for security monitoring systems such as Secure Web Gateways (SWG), Secure Access Service Edge (SASE), and next-generation firewalls, creating visibility obstacles for top-tier cybersecurity solutions and the enterprises they protect. Nubeva’s awarded patent and active partnerships with standards organizations are set to play a pivotal role in shaping the future of TLS decryption for inspection.

Shares were trading at $0.29 in late-morning trade.

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