SAN JOSE, Calif., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Nubeva Technologies (TSX-V: NBVA), a leader in decryption solutions, has secured a U.S. patent for its capability to decrypt TLS traffic with certificate pinning. This advancement directly supports SWG, SASE, Firewalls, and other network security and monitoring systems, helping them eliminate blind spots and enhance traffic inspection.

Certificate pinning, adopted by major corporations like Apple, Google, and Microsoft, is a mechanism designed to counter Man-in-the-Middle (MITM) techniques. Consequently, it poses significant challenges for security monitoring systems such as Secure Web Gateways (SWG), Secure Access Service Edge (SASE), and next-generation firewalls, creating visibility obstacles for top-tier cybersecurity solutions and the enterprises they protect. With widely used applications like Microsoft 365 and Dropbox implementing certificate pinning, the urgency for innovative solutions has become paramount.

"Currently, security providers using MITM must bypass inspection of pinned traffic, thereby limiting security capability and effectiveness. Our solution allows them to inspect traffic that was once inaccessible to them, filling a critical gap in the cybersecurity market," said Randy Chou, CEO and Founder of Nubeva. "This patent not only solidifies our unique position in the market but also plays a crucial role in safeguarding our intellectual property."

To address the cybersecurity challenges posed by modern TLS, governmental bodies are seeking enhanced monitoring solutions. With the awarded patent and active partnerships with standards organizations, Nubeva's SKI is set to play a pivotal role in shaping the future of TLS decryption for inspection.

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About Nubeva Technologies

Nubeva develops next-generation enterprise decryption solutions for TLS and Ransomware. The company's TLS solution consists of a micro-endpoint agent that automatically discovers and extracts symmetric keys from handshake processes in memory, in real time, and then security forwards them to the decryption systems for fast and easy decryption. The solution works without any modification to applications, libraries, network and systems architectures, or PKI. SKI works on nearly all versions of linux, containers and Kubernetes, and windows server/client systems. The solution enables decryption of TLS1.3, 1.2 with PFS, as well as pinned certificate sessions for both passive and inline use cases. The company delivers the solution as a software toolkit to enable solution and service providers, as well as mature SecOps/DevOps teams in the enhancement of existing or new visibility solutions.

Forward-looking statements

This news release contains "forward-looking information" and "financial outlook" within the meaning of applicable securities laws relating to the company's business plans, the outlook of the cybersecurity industry, and the expectation that the company will be cash flow positive for calendar 2023. Although the company believes in light of the experience of its officers and directors, current conditions and expected future developments, and other factors that have been considered appropriate that the expectations reflected in this forward-looking information and financial outlook are reasonable, undue reliance should not be placed on them because the company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements for reasons relating to the development and adoption of the company's technology and its input and capital cost requirements, among other factors. The statements in this press release are made as of the date of this release, and the company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws. The company undertakes no obligation to comment on analyses, expectations, or statements made by third parties regarding the company, its subsidiaries, their securities, or their respective financial or operating results (as applicable).

Neither the TSX venture exchange nor its regulation services provider (as that term is defined in the policies of the TSX venture exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT: For additional information or to schedule interviews, contact:  Randy Chou  Founder and CEO  rchou@nubeva.com (714) 261-9948