CISO Global Doubles 2025 anticipated Software Bookings to $10 Million with Nationwide Launch
Rhea-AI Summary
CISO Global (NASDAQ: CISO) has doubled its anticipated software bookings for 2025 to $10 million, following the nationwide rollout of its CHECKLIGHT® cybersecurity software through Financial Independence Group (FIG). The software is being distributed under the brand CyberSimple™ through a strategic partnership with Cyber Assurance Group Inc. (CAGI).
The partnership targets a $2 billion addressable market for warranty-backed cybersecurity, with distribution through FIG's network of 10,000 financial advisors serving approximately 1.5 million clients. This expansion marks CISO Global's successful transition to a high-margin SaaS cybersecurity model, offering warranty-backed protection that combines financial value with threat prevention.
Positive
- Doubled anticipated software bookings to $10 million for 2025
- Targeting large $2 billion addressable market for warranty-backed cybersecurity
- Access to extensive distribution network of 10,000 advisors and 1.5 million potential clients
- Successful transition to high-margin SaaS business model
- Strategic partnership with major distributor FIG for nationwide rollout
Negative
- None.
News Market Reaction 20 Alerts
On the day this news was published, CISO gained 19.04%, reflecting a significant positive market reaction. Argus tracked a peak move of +13.5% during that session. Our momentum scanner triggered 20 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $6M to the company's valuation, bringing the market cap to $38M at that time. Trading volume was very high at 4.0x the daily average, suggesting strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
Targeting
Scottsdale, AZ, July 16, 2025 (GLOBE NEWSWIRE) -- CISO Global (NASDAQ: CISO), a leading provider of AI-powered cybersecurity software and compliance services, today announced an increased anticipated software-related bookings of
“We have successfully transitioned into a high-margin SaaS cybersecurity model, and momentum is accelerating,” said Deb Smith, CFO of CISO Global. “Doubling our anticipated software bookings to
CHECKLIGHT® is launching through FIG’s extensive network of 2,000 high-net-worth financial advisors and an additional 8,000 wealth and business advisors with rapid expansion planned to reach its broader national client base of approximately 1.5 million individuals.
“This partnership brings proactive, warranty-backed cybersecurity directly into financial conversations,” said Kyle Young, COO of CISO Global. “It’s a natural fit - and a major step toward reshaping how protection is delivered. We congratulate our partners at CAGI on the successful launch of CyberSimple™, and we’re proud to work alongside Financial Independence Group to make CHECKLIGHT® accessible nationwide.”
This reinforces the strategic alliance previously established between CISO Global, Financial Independence Group, and Cyber Assurance Group, dedicated to delivering comprehensive financial and cyber protection solutions to the small and medium-sized business (SMB) market.
Key Highlights
- 2025 anticipated software bookings raised to
$10 million - CHECKLIGHT® now sold nationwide under CyberSimple™
- FIG rollout taps 10,000 advisors and approximately 1.5 million clients
- Entering
$2 billion addressable cybersecurity market - Business model shift to high-margin SaaS with warranty-backed offering
About CISO Global
CISO Global, Inc. (NASDAQ: CISO), headquartered in Scottsdale, Arizona, is an industry leader in AI-powered cybersecurity software, managed cybersecurity, and compliance that delivers comprehensive solutions designed to protect organizations from the latest cyber threats. The company protects the most demanding businesses and government organizations against continuing and emerging security threats and ensures their compliance obligations are being met. For more information about the company, visit ciso.inc; see the following link to join the investor relations email alerts.
About Financial Independence Group
Financial Independence Group (FIG) is a leading financial services company providing wealth management solutions, insurance, and business acceleration tools to financial advisors across the United States. For more information, visit figmarketing.com.
About Cyber Assurance Group
Cyber Assurance Group Incorporated (CAGI) is an innovative cyber risk insurance specialist. CAGI leverages cutting-edge technology to assess, mitigate, and insure against cyber threats, providing comprehensive, turnkey, and data-driven solutions. For more information, visit CyberSimple – Cyber Assurance Group Incorporated.
Safe Harbor Statement
This news release contains certain statements that may be deemed to be forward-looking statements under federal securities laws, and we intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements include, among others, our belief that we are an industry leader in proprietary software, managed cybersecurity, and compliance; our belief in the strategic partnerships with FIG and CAGI; our expectation to achieve software-related bookings of
For Media Inquiries:
Debra Gallington
debra.gallington@ciso.inc
(480) 389-3444