Ciso Global Stock Price, News & Analysis

CISO Global (NASDAQ: CISO) has announced a strategic alliance with Financial Independence Group (FIG) through Cyber Assurance Group (CAGI) to distribute its CyberSimple™ powered by CHECKLIGHT® solution. The partnership targets a $2 billion market opportunity in the PEO and Financial Management sector.

The integration will incorporate CyberSimple™, featuring a $1.5M warranty, into FIG's proprietary advisor portal, which serves thousands of wealth advisors. CISO Global will support the implementation with instructional video tutorials for FIG's advisors and clients on installing and managing CHECKLIGHT®.

CISO Global (NASDAQ: CISO) has launched specialized CHECKLIGHT® packages designed for Professional Employer Organizations (PEOs) and Financial Management companies. The new CyberSimple™ powered by CHECKLIGHT® packages offer cybersecurity protection with $1.5 million in globally underwritten financial coverage. The company aims to reach approximately 1.2 million potential clients through existing contracted relationships, with plans to expand to an additional 1 million families through their reseller network. This strategic expansion increases CISO Global's total addressable market to $33 billion, focusing on democratizing access to enterprise-level cybersecurity solutions for smaller businesses and individual families.

CISO Global Inc. (NASDAQ: CISO) has successfully completed its SOC 2 Type II examination for the third consecutive year, conducted by cybersecurity compliance firm A-LIGN. The audit, covering a 12-month period, validates CISO Global's data privacy practices and security controls meet industry standards. The SOC 2 audit, developed by AICPA, evaluates organizations based on five Trust Service Criteria: security, availability, processing integrity, confidentiality, and privacy. CEO David Jemmett emphasized this achievement reflects their commitment to security and operational excellence, while A-LIGN's COO Steve Simmons recognized it as a signal of trust and security.

CISO Global Inc. (NASDAQ: CISO) has achieved full compliance with all NASDAQ listing standards, resolving previous listing requirements concerns. The cybersecurity solutions provider reaffirmed its financial guidance, projecting $35 million in cybersecurity services revenue and $5 million in software bookings for the current fiscal year. CEO David Jemmett emphasized the company's commitment to transparency and governance while highlighting strong market demand for their security solutions. CISO Global serves over 600 customers and maintains partnerships with key insurance providers like Cyber Assurance Group, offering next-generation security software solutions.

CISO Global Inc. (NASDAQ: CISO) has announced a significant expansion of its CHECKLIGHT® warranty coverage from $250,000 to $1 million per incident, with an annual cap of $1.5 million per customer contract. This enhancement comes at no additional cost to customers and expands CHECKLIGHT's addressable market to an estimated $11 billion.

Through a partnership with Cyber Assurance Group, CISO Global will launch CyberSimple™, powered by CHECKLIGHT®, through a network of 17 insurance agencies. The program aims to provide enhanced financial protection for SMB clients, combining cybersecurity services with substantial warranty coverage. CHECKLIGHT® will be offered to CISO Global's existing 600+ security clients and through insurance partners.

CISO Global (NASDAQ: CISO) has announced a strategic partnership with Cyber Assurance Group to launch CyberSimple, a combined cybersecurity and insurance solution targeting small and medium-sized businesses (SMBs). The offering integrates CISO's AI-powered CHECKLIGHT® endpoint detection and response platform with embedded cyber financial protection.

The partnership addresses a critical market gap where SMBs often lack adequate cyber protection due to resource constraints. The global cyber insurance market is projected to reach $50 billion by 2030, growing at a 25% CAGR. CyberSimple provides 24/7/365 protection against advanced cyber threats while offering affordable financial coverage specifically designed for SMBs.

Additionally, the partnership includes plans to develop custom cyber insurance products for enterprise clients that incorporate CISO's proprietary software and services.

CISO Global (NASDAQ: CISO) announced the full satisfaction of convertible notes held by Target Capital 14, and Secure Net Capital, , strengthening its balance sheet. The company maintains $7 million in convertible notes extended on existing terms, held by a Company Advisory Board member and Hensley Beverage Company.

The cybersecurity software and managed security services provider reported achieving unaudited Adjusted EBITDA profitability, planning to repay the remaining notes through cash flow. The company's CEO, Andy McCain, expressed long-term confidence in the team and strategy. CFO Deb Smith highlighted the company's focus on expanding recurring revenue through software sales to existing customers and channel partners.

CISO Global (NASDAQ: CISO) has achieved a significant milestone by reaching Adjusted EBITDA positivity in Q4 2024, marking its successful transformation from a pure cyber services business to a software-led enterprise. The company projects at least $34 million in adjusted EBITDA profitable revenue for 2025, with an additional $5 million in software-related bookings.

This success follows the integration of 13 acquired services businesses and implementation of AI-driven security software, leading to improved service delivery efficiency and expanded margins. The company's software margins are expected to be approximately 75%. CISO Global has also strengthened its financial position by paying off its highest interest term loan obligations.

The company serves 500+ customers and maintains three insurance partnerships, focusing on selling its proprietary AI-driven security solutions through these channels.

CISO Global (NASDAQ: CISO) has announced significant financial restructuring moves, including the payoff of its highest-interest loans and securing extensions on $7 million in convertible notes. The company, specializing in AI-powered cybersecurity software and managed services, reports these actions as part of its strategy to strengthen its balance sheet and improve operational efficiency.

The convertible notes extension was secured through long-standing partners, demonstrating continued confidence in the company's vision. According to CFO Deb Smith, eliminating the high-interest debt removes a growth obstacle and improves cash flow flexibility, supporting their transition to a software-first business model.

These financial developments align with CISO Global's organizational right-sizing efforts and their strategic shift toward a high-margin, software-led and services-supported operational model.