DTM5 blogpost newsflash! I don’t usually post about news updates, but one of my key holdings, Nubeva Technologies, keeps on delivering.

Here is today’s press release in it’s entirety. Full disclosure – I hold a meaningful long position in Nubeva. I’m very pleased with the company’s progress. I think this is important news, especially in light of other significant developments that have been taking place.

Nubeva’s Ransomware Reversal Technology Proven in Rigorous Third-Party Testing at MISI’s DreamPort Facility

Published Jul 20, 2023  •  4 minute read

100% key capture rate and successful ransomware decryption highlights Nubeva’s significant achievement in ransomware defense capabilities

SAN JOSE, Calif., July 20, 2023 (GLOBE NEWSWIRE) — Nubeva Technologies (TSX-V: NBVA), a cybersecurity company specializing in decryption, is pleased to announce the successful results of a month-long rigorous third-party evaluation for its Ransomware Reversal technology conducted by MISI.

MISI is a cybersecurity nonprofit fueling the people and technology needed to solve critical cybersecurity challenges. Through initiatives such as third-party testing, MISI validates proof of concept innovation and helps connect U.S. Cyber Command (USCYBERCOM) and the U.S. government to the innovative products and solutions needed to advance the nation’s cybersecurity capabilities.

During the evaluation, the Nubeva Ransomware Reversal (NuRR) technology achieved a 100% success rate, passing all seventeen prescribed tests without any failures. It demonstrated a 100% key capture rate from a diverse range of specific high-profile ransomware strains tested against, including Lockbit, Ragnar Locker, and BlackBasta. In addition, security assessments found no observed vulnerabilities or unnecessary network ports opened.

“We were deeply honored to have our Ransomware Reversal technology evaluated by cybersecurity experts at MISI. MISI’s sterling reputation adds substantial credibility to the test outcomes,” said Steve Perkins, CMO and Head of Product at Nubeva. “Our technology performed exceedingly well under the stringent evaluation, including a 100% ransomware key capture rate. With keys in hand, organizations can feel confident in their ability to recover effectively.”