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Nubeva Technologies (TSXV:NBVA) unveils new decryption library

Technology
TSXV:NBVA
18 November 2020 13:35 (EDT)

Software developer Nubeva Technologies (NBVA) has released a next-generation TLS Decryption Library.

TLS, or Transport Layer Security, encrypts data that is sent through the Internet, ensuring that hackers cannot see what is transmitted. The company’s software solution can decode this encrypted network traffic, so that it can undergo deep packet inspection.

Nubeva’s Decryption Library can decrypt even the newest TLS traffic, including TLS 1.3 and 1.2 with Elliptic Curve Diffie-Hellman Ephemeral protocols. It also works with and is available to license with the company’s pre-existing Symmetric Key Intercept (SKI) software.

The company’s solution operates at extreme speeds and efficiency, working at over 15 gigabytes per second per single CPU core, on general purpose hardware. It can also easily scale up to support 40-gig and 100-gig appliances, or scale out to support terabit-per-second speeds.

This will appeal in particular to manufacturers of security and monitoring solutions, as well as enterprise security and application monitoring teams. These kinds of clients need full access to network traffic in order to detect security risks, and can do so with the help of the Decryption Library.

Nubeva’s CEO, Randy Chou, said that the company’s new Decryption Library was created based on such customer demand.

“Enterprise security and application monitoring teams require total visibility into their network traffic to monitor anomalies and identify security risks. Nubeva’s decryption library provides an easy, low-cost way to conduct deep packet inspection and identify and respond to issues,” he added.

Nubeva Technologies is up 7.5 per cent and is trading for C$0.22 per share, as of 9:30am EST.

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