HUB Security adds Ilan Flato to its Board of Directors

– ISRAEL, Tel-Aviv –  HUB Cyber Security Ltd (NASDAQ: HUBC), a developer of Confidential Computing cybersecurity solutions and services, today announced the appointment of Ilan Flato to its Board of Directors.

About Ilan Flato

Ilan Flato is the president and CEO of the Israeli Association of Publicly Traded Companies and the former economic advisor to the Prime Minister of Israel.

Ilan Flato, president, and CEO of the Israeli Association of Publicly Traded Companies, has held senior economic positions in government agencies for 35 years. He has participated in cabinet meetings and economic committees as a former economic advisor to the Prime Minister of Israel. Deputy Director at the Ministry of Finance, he was responsible for managing the budgets of the Ministry of Defense, the Ministry of Foreign Affairs, the Ministry of Justice, and the State President’s office. Mr. Flato also served as VP and Chief Economist for the United Mizrahi Bank, and as a board member of the Israeli Aircraft Industry, the Israeli Military Industry, Rafael, and El Al Israel Airlines.

About HUB Security Ltd.

HUB Cyber Security Ltd was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces and began trading as a public company on Nasdaq on March 1, 2023, under the ticker “HUBC.” HUB Security specializes in unique cybersecurity solutions protecting sensitive commercial and government information. It is a recognized leader in the rapidly evolving field of zero-trust confidential computing, an area of cybersecurity that protects data even when computers are infected, and administrators are compromised. HUB Security’s computing solutions aim at preventing hostile intrusions at the hardware level while introducing a novel set of data theft prevention solutions. The Company operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity services worldwide.


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