HUB Cyber Security Ltd. announced a significant expansion of its collaboration with Blackswan Technologies Ltd. to provide a joint solution for enterprise Confidential Computing to the financial sector. In connection with an agreement recently signed by Blackswan Technologies with one of Europe?s largest financial institutions, HUB undertook to provide Confidential Computing cybersecurity solutions to safeguard the bank?s critical data assets in their most vulnerable state ? while undergoing processing.

The framework agreement signed for 3 years term with potential 24 month extension. It is expected that Hub?s share of the revenue will exceed $25 million within the year and a half.