HUB Cyber Security (NASDAQ: HUBC), the Israeli-based developer of confidential computing cybersecurity solutions, has announced the appointment of David Riker as its new Global Chief Operating Officer. With over 20 years of experience in the technology and risk management industry, Riker will lead efforts to scale HUB Security's global business operations and go-to-market strategies, as well as align the company's two business units, Confidential Computing and Professional Services.
HUB Security CEO Uzi Moskovich praised Riker's appointment, stating that he brings a wealth of experience in driving rapid enterprise growth through disciplined organizational alignment and a focus on client needs and financial results. Riker has previously held senior roles at Kroll, Marsh & McLennan, and Travelers, as well as being the CEO of high-growth venture technology startups Storm Exchange and eCoverage. Moskovich believes that Riker's experience in developing long-term relationships with government agencies, Fortune 500 enterprises, and global banks and insurance companies will be instrumental in HUB Security's future success.
Riker expressed his excitement to join HUB Security and work with the management team to write the next chapter of the company's growth. He also stated his admiration for the company's mission to make the world a safer place and to harness the large addressable market ahead of them. "The timing for HUB Security's opportunity is immediate," said Riker. "I'm fortunate to join Uzi and the management team as we write the next chapter of HUB Security's growth. There is no greater honor for me than to be part of a team seeking to make the world a safer place, and we're all excited to attempt to harness the large addressable market ahead of us as we continue to expand HUB Security's impact around the world."
HUB Security was established in 2017 by veterans of the Israeli Defense Forces' 8200 and 81 elite intelligence units. The company specializes in unique cybersecurity solutions that protect sensitive commercial and government information. Its advanced encrypted computing solution aims to prevent hostile intrusions at the hardware level, while the company also provides a wide range of cybersecurity services worldwide. HUB Security operates in over 30 countries and continues to expand its impact globally.
With Riker's appointment, HUB Security is well-positioned to continue expanding its impact around the world. As the threat of cyberattacks continues to grow, the demand for secure and confidential computing solutions is higher than ever. HUB Security's unique approach to cybersecurity and its dedication to protecting sensitive information has made it a leader in the industry, and Riker's appointment as Global COO will only strengthen the company's position in the market. Overall, the announcement of David Riker's appointment is a positive development for HUB Security, which recently listed on the NASDAQ, and is a sign of the company's commitment to innovation and growth in the field of cybersecurity.
