Ciso Global Stock Price, News & Analysis

Cerberus Cyber Sentinel Corporation (OTC: CISO) has announced its acquisition of RED74, a managed security services provider based in New Jersey. This strategic move aims to enhance Cerberus's service offerings and customer base in the Northeastern U.S. Tim Coleman, president of RED74, will lead the integration and expansion efforts. Although financial terms were not disclosed, the acquisition is expected to bolster Cerberus's portfolio in cybersecurity and compliance services, catering to a diverse range of national customers.

Cerberus Cyber Sentinel Corporation (OTC: CISO) announced the launch of its Cerberus Sentinel Secured Managed Services, enhancing cybersecurity protections for organizations with comprehensive management solutions. This initiative is part of MCCP+, which emphasizes a culture of cybersecurity tailored to each client. With the cybersecurity market projected to reach $10.5 trillion by 2025 and the high costs of data breaches, Cerberus aims to address these challenges with seasoned staff providing robust support. Their services include managed support, security bundles, backup solutions, and more.

Cerberus Cyber Sentinel Corporation (OTC:CISO) has been invited to present at the 10th Annual Gateway Conference, scheduled virtually for September 8-9, 2021. The presentation by Cerberus management will take place on September 8 at 9:00 a.m. Pacific time, with opportunities for one-on-one meetings during the event. The presentation will be live-streamed and available for replay. This conference is known for connecting growth companies with institutional investors and analysts. Cerberus Sentinel specializes in Managed Cybersecurity and Compliance services, focusing on protection against emerging security threats.

Cerberus Cyber Sentinel Corporation (OTC: CISO), a cybersecurity firm, has announced the acquisition of VelocIT, a New Jersey-based managed services provider. This move aims to enhance Cerberus's managed security services and consulting capabilities, allowing both companies to better serve their diverse clientele. VelocIT will maintain its operations in New Jersey and expects growth on the East Coast. Financial details of the acquisition were not disclosed, but the management of both companies expressed optimism about the strategic alignment and opportunities for expansion.

Cerberus Cyber Sentinel Corporation (OTC: CISO) has appointed Deb Smith as Chief Financial Officer effective June 18, 2021. Smith, who previously served as Executive Vice President of Finance, will oversee financial and accounting operations, working closely with CEO David Jemmett and COO Bryce Hancock. Her prior experience includes roles at JDA Software and BeyondTrust. The company emphasizes Smith's expertise in financial integration, anticipating that her leadership will enhance ongoing growth and operational efficiency.

Cerberus Cyber Sentinel Corporation (OTC: CISO) has acquired Ground Control IT, a managed security services provider based in Arizona. This acquisition aims to enhance Cerberus Sentinel's cybersecurity offerings and address the growing security needs of clients, particularly in the western U.S. Ground Control will operate under Cerberus Sentinel, with its president transitioning to a vice president role. Although financial terms remain undisclosed, the CEO believes the acquisition will create synergies and strengthen the company's portfolio.

Cerberus Cyber Sentinel Corporation (OTC: CISO) announced the appointment of Gateway Group to enhance its investor relations program. The collaboration aims to refine corporate messaging, develop strategic outreach, and introduce Cerberus to institutional investors and analysts. CEO David Jemmett highlighted the firm's holistic approach to cybersecurity, emphasizing the significant market opportunity driven by escalating cybercrime costs. Gateway's expertise in elevating emerging growth companies will help broaden Cerberus Sentinel's profile within the institutional investment community.

Cerberus Cyber Sentinel Corporation (OTC: CISO) has appointed E.M. "Kiki" VanDeWeghe III to its board of directors, enhancing its leadership with his extensive executive experience from the NBA. VanDeWeghe, currently the executive vice president for basketball operations, has a notable background as a two-time NBA All-Star and former general manager for two teams. Founder and CEO David Jemmett stated that VanDeWeghe's insights will be invaluable for the company's operations and security strategies in a global market.

Cerberus Sentinel Corporation (CISO) addresses the ongoing risks posed by cyber attacks, particularly the SolarWinds incident, which compromised sensitive data across sectors. With small and mid-sized enterprises (SMEs) being especially vulnerable, the company stresses the importance of maintaining robust cybersecurity measures. The firm provides practical guidance for IT teams on identifying and neutralizing threats related to infected SolarWinds software, including patching known vulnerabilities and reassessing vendor relationships. Ongoing investigations into these cyber threats underscore the urgency of proactive cyber defense strategies.