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CISO Global Inc. (CISO) delivers cybersecurity solutions that protect businesses from evolving digital threats, including penetration testing, compliance auditing, and risk management. This page aggregates official company announcements, financial updates, and operational developments for stakeholders tracking its market position.
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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.
CISO Global (NASDAQ: CISO) has addressed recent stock volatility, confirming that no insider selling from Executives or Board Members has occurred during the week's abnormal market activity. The company, specializing in AI-powered cybersecurity, has not used its ATM facility in 2025.
Despite announcing positive developments including partnerships with Microsoft and AWS, the launch of their EDGE security platform, and deployment of the Skanda analysis tool, the stock has experienced significant selling pressure. The company attributes the price decline to potential market maker manipulation, including naked short selling practices that may create artificial supply and distort market pricing.
CEO David Jemmett has reaffirmed leadership's commitment to the company's future, and CISO Global has already notified State and Federal regulators about observed trading anomalies.
CISO Global (NASDAQ: CISO) has announced the successful deployment of Skanda, an AI-powered penetration testing and security analysis tool. The tool, part of CISO Global's proprietary intellectual property valued at $50 million in 2024, provides continuous, on-demand security assessments using AI and machine learning technologies.
Currently integrated into all external penetration tests conducted by CISO Global's security professionals, Skanda is set to evolve into a real-time penetration testing solution. This advancement will enable organizations to conduct continuous security assessments, identify vulnerabilities as they emerge, and take immediate remediation steps.
The tool aims to strengthen compliance efforts for frameworks like the Cybersecurity Maturity Model Certification (CMMC), while providing continuous evidence of security posture. Through automation, Skanda enhances efficiency, improves profit margins, and strengthens network security response capabilities.
CISO Global (NASDAQ: CISO) has launched CISO Edge, an AI-powered cloud security solution now available to existing customers and channel partners. The solution is part of CISO Global's cybersecurity suite, valued at $50 million, with Edge independently valued at $30 million.
CISO Edge provides cloud-first, hybrid, and remote security protection for enterprises, government entities, and high-value networks against sophisticated cyber threats. The system has demonstrated its effectiveness by blocking over 87,000 cyberattacks in six hours during testing at the 2024 Black Hat USA and DEF CON 32 conferences, maintaining a zero-breach record.
The solution has been field-tested for over three years in select corporate and government networks, focusing on protection against ransomware, nation-state attacks, and AI-powered exploits.
CISO Global (NASDAQ: CISO) announced continued advancement in AI-powered security solutions within Microsoft Azure and AWS cloud ecosystems. The company previously developed a Proof of Concept integrating Microsoft Security Copilot with their Argo Secure platform, demonstrating enhanced asset management and threat detection capabilities through:
- Deployment of Azure Log Analytics Workspace and Microsoft Sentinel SIEM
- Custom ingestion engine testing with 75,000 sample logs
- Development of specialized Security Copilot plugin for Argo Secure API integration
Additionally, CISO's TIGRIS GRC solution is now available on AWS Marketplace, offering three key security solutions:
- Cloud-Based Security Gap Analysis
- Third-Party Cloud-Based Security Assessment
- Cloud-Based Architecture Review
CISO Global (NASDAQ: CISO) has successfully completed the DIBCAC audit and passed the Cybersecurity Maturity Model Certification (CMMC) requirements through its compliance division. Upon authorization from CyberAB, CISO Global will join a select group of organizations permitted to assess and certify defense contractors under the CMMC framework.
The CMMC assessment framework, established by the U.S. Department of Defense (DoD), aims to strengthen the cybersecurity posture of the Defense Industrial Base (DIB) by implementing strict controls for protecting Controlled Unclassified Information (CUI) and Federal Contract Information (FCI). The certification process involves demonstrating adherence to advanced cybersecurity practices and risk management principles.
Once certified by CyberAB, CISO Global will provide comprehensive support for Defense Industrial Base businesses, including compliance preparation consulting and official CMMC assessments.
CISO Global has secured a strategic investment of $6.5 million from investors led by Target Capital through a convertible note. The funding will primarily be used to reduce short-term debt and strengthen the company's balance sheet, advancing its path to profitability.
The investment demonstrates Target Capital's confidence in CISO Global's business model and long-term vision. The company plans to enhance financial flexibility, improve operating cash flow, and invest in scaling software sales to existing clients and channel partners.
RBW Capital Partners , through Dominari Securities , acted as the exclusive placement agent for the offering.
