CISO Global Demonstrates Unparalleled Success with Edge at Black Hat USA & DEF CON for the Second Year Running

Rhea-AI Summary

CISO Global's AI-powered security platform, CISO Edge, demonstrated its strength at the 2024 Black Hat USA and DEF CON 32 conferences, blocking over 87,000 unique attacks in just 6 hours. This performance builds on last year's success, where it prevented 127,000 hack attempts. Edge, a key component of CISO Global's $50 million cybersecurity software suite, underwent rigorous testing by top cybersecurity professionals.

The platform enhances both external security and internal network resilience, with a focus on combating ransomware threats. Over the past three years, Edge has been deployed across various commercial and government networks, effectively defending against ransomware variants like LockBit, CL0P, and REvil. CEO David Jemmett emphasized Edge's vital role in coordinating multiple security solutions to maximize defense against attacks.

Positive

• CISO Edge blocked over 87,000 unique attacks in 6 hours at Black Hat USA and DEF CON 32
• Edge is part of a $50 million cybersecurity software suite
• The platform has been successfully deployed across commercial and government networks for three years
• Edge effectively defends against major ransomware variants like LockBit, CL0P, and REvil

Negative

• None.

Insights

Cybersecurity Expert

CISO Global's Edge platform showcases impressive resilience against cyber threats, blocking 87,000 unique attacks in 6 hours at Black Hat USA and DEF CON. This performance, while strong, represents a 31.5% decrease from last year's 127,000 blocked attempts. The platform's ability to withstand attacks from top cybersecurity professionals is noteworthy, but the reduction in blocked attempts raises questions. Is this due to improved efficiency or fewer overall attacks? The real-time attack origin identification feature is a significant advantage, potentially reducing response times and improving overall security posture. Edge's proven track record against major ransomware variants like LockBit and REvil further solidifies its market position. However, the true test lies in its adaptability to emerging threats in the rapidly evolving cybersecurity landscape.

Financial Analyst

CISO Global's Edge platform, part of a $50 million cybersecurity software suite, demonstrates strong market positioning. However, the financial impact remains unclear without specific revenue or growth figures. The platform's success at high-profile events like Black Hat and DEF CON could potentially translate into increased market share and customer acquisition. The company's NASDAQ listing (CISO) adds credibility, but investors should look for concrete financial metrics in future reports. The cybersecurity market is highly competitive and while Edge shows promise, its ability to drive revenue growth and profitability will be crucial. The platform's effectiveness against major ransomware threats could be a significant selling point, potentially leading to lucrative government and enterprise contracts.

Market Research Analyst

CISO Global's Edge platform performance at Black Hat and DEF CON positions it well in the competitive cybersecurity market. The platform's ability to block a high volume of attacks in a short timeframe is impressive, but the 31.5% decrease in blocked attempts from the previous year warrants further investigation. This could indicate either improved efficiency or a shift in attack patterns. The cybersecurity market is projected to grow significantly, driven by increasing digital threats and regulatory compliance requirements. Edge's focus on ransomware protection aligns with current market demands, as ransomware attacks continue to be a major concern for businesses and governments. However, CISO Global will need to maintain innovation to stay ahead in this rapidly evolving sector, where new threats emerge constantly and competitors are always improving their offerings.

AI-Powered Security Solution Blocks Over 87,000 Hack Attempts in Just 6 Hours

Scottsdale, Ariz., Aug. 22, 2024 (GLOBE NEWSWIRE) -- CISO Global, Inc., (NASDAQ: CISO) an industry leader in proprietary software, managed cybersecurity, and compliance, announces the continued success of its AI-powered CISO Edge security platform at the 2024 annual Black Hat USA and DEF CON 32 conferences in Las Vegas.

For the second consecutive year, Edge demonstrated its robust capabilities by successfully blocking over 87,000 unique attacks within a six-hour period. There were no successful breaches. This performance builds on last year's strong showing, where the solution prevented more than 127,000 hack attempts during the event.

As a key component of CISO Global's next-generation cybersecurity software suite, valued at over $50 million, Edge underwent rigorous testing by some of the world's most skilled cybersecurity professionals. The platform is designed to enhance both external security and internal network resilience, with a particular focus on combating ransomware threats.

Edge's real-time attack origin identification feature adds another layer of defense, improving the efficiency of remediation efforts. Over the past three years, the solution has been successfully deployed across various commercial and government networks, demonstrating its effectiveness against a range of ransomware variants, including LockBit, CL0P, and REvil.

David Jemmett, CEO of CISO Global, commented on the platform's performance: "Edge plays a vital role in coordinating multiple security solutions to maximize defense against attacks. Its continued strong performance at Black Hat and DEF CON underscores the effectiveness of a well-implemented, comprehensive security strategy."

With these results, Edge continues to establish itself as a significant player in the cybersecurity landscape, reinforcing CISO Global's position in addressing evolving digital threats.

About CISO Global:

CISO Global is a premier cybersecurity firm specializing in comprehensive security solutions designed to protect organizations from a wide range of cyber threats. With a team of highly skilled professionals and a commitment to innovation, CISO Global delivers cutting-edge services and support to ensure the safety and integrity of its clients' digital assets.

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 success of our AI-powered security platform, CISO Edge; our belief that Edge successfully blocked over 87,000 attacks with no effective breaches; our belief that CISO Global's cybersecurity software suite is valued at more than $50 million; our belief that Edge is designed to enhance external security and internal network resilience, including ransomware threats; our belief that Edge contains an origin identification feature which improves remediation efforts; our belief that Edge plays a vital role in coordinating security solutions to maximize defense against attacks; and our belief that Edge is significant in the cybersecurity landscape, reinforcing our position in addressing digital threats. 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, 2023. 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:
Hilary Meyers
hilary.meyers@ciso.inc
(480) 389-3444

FAQ

How many attacks did CISO Edge block at Black Hat USA and DEF CON 32 in 2024?

CISO Edge blocked over 87,000 unique attacks in just 6 hours during the 2024 Black Hat USA and DEF CON 32 conferences.

What is the value of CISO Global's cybersecurity software suite that includes Edge?

CISO Global's cybersecurity software suite, which includes Edge, is valued at over $50 million.

Which ransomware variants has CISO Edge proven effective against?

CISO Edge has demonstrated effectiveness against ransomware variants including LockBit, CL0P, and REvil.

How long has CISO Edge been deployed in commercial and government networks?

CISO Edge has been successfully deployed across various commercial and government networks for the past three years.