Tel Aviv-based cybersecurity startup HUB Security is exploring the possibility of a Nasdaq listing, the company announced Tuesday. HUB Security has commissioned a report from A-Labs Advisory & Finance Ltd. to examine the feasibility of a listing.
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HUB Security founder and CEO Eyal Moshe said, "Computers were never built for defense against malicious hacks. As the computing hardware foundation itself is wide open for attacks, all existing solutions are merely a patch the hackers have learned to overcome with relative ease. Once you have fortified the hardware itself - the CPU, the computer's memory, the communication card etc. – against cyber threats, this is where we can dramatically change the level of cybersecurity, and we are likely to see a reversal trend in successful cyber-attacks for the first time in decades."
