HUB Cyber Security is an Israel-based cybersecurity and data management company operating two divisions: a professional services business and a software products business. The professional services division, which generates most of HUB's current revenue, operates through three subsidiaries — Comsec (cybersecurity consulting and GRC services), QPoint (software development and IT services), and ALD (reliability and safety engineering services) — serving enterprises, government agencies, and militaries, primarily in Israel. The products division is built around two core technologies: a Secured Data Fabric (SDF) platform and a confidential computing solution. The SDF platform lets organizations manage and query data across distributed sources without centralizing it, targeting financial services compliance use cases like KYC, AML monitoring, and fraud detection. The confidential computing product protects data while it is actively being processed — a gap traditional security tools don't address — using a zero-trust architecture and dedicated hardware. Commercial traction for both products remains limited. HUB's stated strategy is to use its professional services subsidiaries as a trusted-advisor entry point to cross-sell the SDF platform into existing customer relationships, shifting the revenue mix toward SaaS. HUB has grown partly through acquisitions, completing four deals since 2021, including the January 2025 acquisition of BST, which brought the core data fabric technology. HUB went public on Nasdaq in March 2023 via a SPAC transaction and is currently in significant financial distress, with a going concern qualification from its auditors and defaults on certain debt obligations.
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