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Nubeva (TSXV:NBVA) and Megazone Cloud to bring Ransomware Reversal to South Korea

Market News, Technology
TSXV:NBVA
05 April 2023 10:03 (EDT)

Source: Nubeva Technologies.

Nubeva Technologies (NBVA) is partnering with Megazone Cloud to bring its Ransomware Reversal solutions to customers in South Korea and beyond.

Megazone Cloud will integrate Nubeva’s patented technology into their own multi-cloud integrated security framework, enabling businesses and organizations to reduce downtime and recover from ransomware attacks faster.

Megazone Cloud has committed sales, marketing, and technical resources to sell and service Nubeva’s technology.

Nubeva’s CMO, Steve Perkins stated that with the addition of Ransomware Reversal, Megazone Cloud will add the ability to decrypt ransomware to restore operations and the potential to provide their 5,000-plus customers protection against ransomware attacks.

“This partnership represents a significant step forward in delivering cutting-edge solutions to combat this pervasive threat across the world.”

Megazone Cloud achieved sales of US$1 billion in 2022.

Nubeva Technologies Ltd. (NBVA) provides decryption solutions for faster, lower-cost recovery from ransomware attacks.

Nubeva Technologies Ltd. (NBVA) opened trading at C$1.40 per share.

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