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.

Insights

Financial Analyst

CISO doubles 2025 booking forecast to $10M following strategic nationwide rollout; targets $2B market with warranty-backed cybersecurity.

CISO Global has announced a significant doubling of their 2025 anticipated software bookings to $10 million, following the nationwide rollout of their CHECKLIGHT® cybersecurity software (branded as CyberSimple™) through Financial Independence Group (FIG). This represents concrete evidence of CISO's strategic pivot toward a high-margin SaaS cybersecurity model that appears to be gaining commercial traction.

The distribution partnership with FIG opens access to an impressive network of 2,000 high-net-worth financial advisors and an additional 8,000 wealth and business advisors, with plans to expand to FIG's broader client base of approximately 1.5 million individuals. This extensive distribution channel targets what CISO estimates as a $2 billion addressable market for warranty-backed cybersecurity.

What makes this partnership particularly valuable is the warranty-backed protection component, which creates a dual-value proposition for clients by offering both financial protection and threat prevention. This approach aligns cybersecurity with financial planning conversations, potentially lowering customer acquisition costs while increasing conversion rates.

The focus on the SMB market is strategically sound as these businesses often lack robust cybersecurity infrastructure yet face significant digital threats. By integrating cybersecurity into financial advisory conversations, CISO is creating a more efficient distribution model than traditional direct sales approaches.

While the $10 million booking projection represents clear progress in their business model transition, investors should note these are anticipated bookings rather than recognized revenue. The execution of this nationwide rollout and conversion of bookings into recurring revenue will be critical metrics to monitor in upcoming quarters.

Targeting $2 Billion Market

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 $10 million for 2025. This doubles the previous anticipated bookings, and follows the nationwide rollout by Financial Independence Group (FIG), which has become the first major distributor of CISO Global’s cybersecurity software, CHECKLIGHT^® under the brand CyberSimple^TM, through its strategic partnership with Cyber Assurance Group Inc. (CAGI). This partnership introduces CHECKLIGHT^® into an estimated $2 billion addressable market for warranty-backed cybersecurity.

“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 $10 million reflects the strength of our platform, the scale of our distribution channels, and rising demand for warranty-backed protection that delivers financial value alongside threat prevention.”

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 $10 million in 2025; our belief that we have successfully transitioned into a high-margin SaaS cybersecurity model; our belief in the rapid growth and substantial potential of our software business; our belief that CHECKLIGHT^® offers cybersecurity protection and financial coverage to the small and medium-sized business market; and our belief that we provide comprehensive cybersecurity solutions to our clients. These statements are often, but not always, made through the use of words or phrases such as "believes," "expects," "anticipates," "intends," "estimates," “predict,” "plan," “project,” “continuing,” “ongoing,” “potential,” “opportunity,” "will," "may," "look forward," "intend," "guidance," "future" or similar words or phrases. These statements reflect our current views, expectations, and beliefs concerning future events and are subject to substantial risks, uncertainties, and other factors that could cause actual results to differ materially from those reflected by such forward-looking statements. These risks may be detailed from time to time in the reports filed with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the fiscal year ended December 31, 2024. You should not place undue reliance on any forward-looking statements, which speak only as of the date they are made. Except as required by law, we assume no obligation and do not intend to update any forward-looking statements, whether as a result of new information, future developments, or otherwise.

For Media Inquiries:

Debra Gallington
debra.gallington@ciso.inc
(480) 389-3444

FAQ

What is CISO Global's new software booking target for 2025?

CISO Global has doubled its anticipated software bookings target to $10 million for 2025, up from its previous forecast.

How many advisors will distribute CISO Global's CHECKLIGHT software?

The software will be distributed through FIG's network of 2,000 high-net-worth financial advisors and 8,000 wealth and business advisors, totaling 10,000 advisors.

What is the market size for CISO Global's warranty-backed cybersecurity?

CISO Global is targeting an estimated $2 billion addressable market for warranty-backed cybersecurity solutions.

How is CHECKLIGHT being branded through the FIG partnership?

CHECKLIGHT® is being distributed under the brand name CyberSimple™ through FIG's partnership with Cyber Assurance Group Inc. (CAGI).

How many potential clients can CISO Global reach through the FIG partnership?

Through FIG's network, CISO Global can reach approximately 1.5 million individual clients nationwide.