CISO Global, Inc. - CISO STOCK NEWS

Cerberus Cyber Sentinel Corporation (Nasdaq: CISO) has promoted Kyle Young to Executive Vice President of Operations as of January 26, 2022. Young, previously Vice President of Operations, will oversee all business operations and integration efforts alongside CEO David Jemmett and CFO Deb Smith. His experience includes successful integration of nine acquisitions and operational migrations to NetSuite. The promotion is part of Cerberus Sentinel's strategy to enhance its operational foundation and accelerate its growth as a Managed Compliance and Cybersecurity Provider.

Cerberus Cyber Sentinel Corporation (Nasdaq: CISO) announced the successful acquisition of True Digital Security, enhancing its cybersecurity offerings. With this acquisition, the company's proforma revenue for the trailing 12 months reaching approximately $45.5 million. The acquisition aligns with Cerberus Sentinel's strategy of partnering with skilled cybersecurity firms, addressing the growing cybersecurity skills gap, which surged from 1 million unfilled positions in 2013 to 3.5 million in 2021. True Digital will maintain operations in New York, Florida, and Oklahoma.

Cerberus Cyber Sentinel Corporation (CISO) has commenced trading on Nasdaq as of January 14, 2022, marking a significant growth milestone. Previously listed on OTC Markets since June 2020, the company specializes in managed compliance and cybersecurity, offering comprehensive services to safeguard enterprise data and operations. CEO David Jemmett emphasizes the listing will enhance market visibility and attract cybersecurity talent. Cerberus has also expanded internationally through acquisitions, including Arkavia Networks in Chile.

Cerberus Cyber Sentinel Corp. (CISO) has announced its initial public offering (IPO) pricing, offering 2,000,000 shares at $5.00 per share, raising $10 million in gross proceeds. The shares are set to trade on the Nasdaq Capital Market starting January 14, 2022, with the offering expected to close on January 19, 2022. Boustead Securities, LLC is the sole underwriter. The IPO aims to bolster Cerberus's position in the managed cybersecurity and compliance sector, which the company is expanding through strategic acquisitions and innovative solutions.

Cerberus Cyber Sentinel Corporation (OTC: CISO) has acquired True Digital Security, enhancing its cybersecurity services and network monitoring. This acquisition allows True Digital to operate as a wholly owned subsidiary while leveraging its existing management. The CEOs of both companies emphasize a strong cultural alignment and the potential for collaborative growth, especially with the rollout of the TrueSpeed platform. Financial details remain undisclosed, but the acquisition aims to accelerate the upgrading of cybersecurity services globally.

Cerberus Cyber Sentinel Corporation (OTC: CISO) has expanded its operations into Latin America by acquiring Arkavia Networks SPA, a cybersecurity firm based in Chile. This acquisition positions Arkavia as Cerberus's wholly owned subsidiary and South American headquarters in Santiago, Chile. The deal aims to leverage Arkavia's expertise to address rising cybersecurity threats in the region. Cerberus's CEO, David Jemmett, highlighted the strategic importance of this move, as demand for cybersecurity services continues to grow globally, indicated by the 3.8 million job openings in the field.

Cerberus Cyber Sentinel Corporation (OTC: CISO) has appointed Neil Stinchcombe as the new Chief Marketing Officer to strengthen its global expansion. Stinchcombe, co-founder of Eskenzi PR, brings 26 years of experience in technology public relations, including successful mergers and acquisitions. He aims to grow Cerberus Sentinel into a leading cybersecurity brand. The company focuses on Managed Cybersecurity and Compliance services and continues to acquire top-tier firms to enhance its offerings against emerging security threats.

Cerberus Cyber Sentinel Corporation (CISO) has acquired Atlantic Technology Systems, Inc, enhancing its cybersecurity service offerings. This strategic acquisition positions Cerberus to strengthen its presence in the financial services sector, leveraging Atlantic's 30 years of experience in regulated IT management and security. Atlantic will operate as a wholly owned subsidiary, contributing to a broader range of integrated risk managed services for U.S. clients. Financial terms of the deal remain undisclosed, but the move is expected to bolster market differentiation and expertise.

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.