Newly Launched AI-Powered Security Solution
Tested by Thousands of Hackers Under Real-World Conditions;
Platform Learned from Each Cyberthreat to Continuously
Improve
SCOTTSDALE, Ariz.,
Aug. 16,
2023 /PRNewswire/ -- CISO Global, Inc., an
industry leader as a managed cybersecurity and compliance provider,
successfully tested the effectiveness of the Argo Edge security
solution at the premier cybersecurity and hacker convention in
Las Vegas last week.
The conference attracts hackers from across the globe to compete
and show off their skills through hacking competitions. Many
security vendors test their products every year, taking advantage
of the collective cyber hacking talent.
In its first external test, the Argo Edge cloud security
platform was deployed by the CISO Global incident response team,
Team Hades, on an Intel Nook computer with a standard operating
system installed, connecting it to the public WiFi in Caesar's
Forum from August 10 to 13. Over the
course of the event, hackers attacked it more than 127,000 times,
ranging from backdoor attacks to adware to data stealing software,
and numerous malware and ransomware types.
None were successful in impacting the device's operating system,
including encryption and takeover attempts; Argo Edge's
capabilities allowed it to learn from each of the 127,000 attempts
to continuously improve.
"This successful real-world test validates our latest platform,
which has been developed over the past two years," said
David Jemmett, CEO of CISO Global.
"Argo Edge has demonstrated its ability to coordinate multiple,
layered security solutions to maximize resiliency against an
attack. This test at DEF CON shows that a properly integrated,
managed and deployed set of security solutions offers real defense
against today's most aggressive threat actors."
Argo Edge, innovating at the edge to stop
cyberthreats
As a cloud security platform, Argo Edge was
designed to enhance a network's external security, as well as
improve internal network resiliency to attacks, specifically
ransomware. With this successful trial, its security capabilities
have now been demonstrated to be effective for attack types beyond
ransomware.
In addition, Argo Edge identifies IP addresses associated with
each attack, adding to its list of known-bad IP addresses. Each
known-bad IP is automatically added to the cloud-based platform,
allowing all other networks or devices on which Argo Edge is
deployed to benefit. Argo Edge also maintains logs of each security
event to support forensics processes if, and, when needed.
Deployed on select commercial and government networks by CISO
Global for the past two years, Argo Edge has proven effective
against all current known ransomware viruses, including the most
prolific and costly variants. According to IBM's latest Cost of a
Data Breach Report, the average price tag of a breach is USD
$4.45 million in 2023, a figure which
does not include the cost of the ransom, itself.
With its unique approach, Argo Edge layers together
pre-configured, pre-integrated technologies that include cloud
firewall as a service (FaaS), secure internet gateway, secure
authentication, secure service edge (SSE), and containerized
internet browser sessions for each user. This solution provides
Zero Trust Network Access (ZTNA), Cloud Access Security Broker
(CASB) and Data Loss Protection (DLP) capabilities across an
organization's cloud applications and environment, and overall
improved network performance. The AI component of Argo Edge further
hardens networks by learning from each blocked attack and applying
this new knowledge to unaffected environments as a
forward-thinking, protective functionality.
Argo Edge was recently independently valued at $49 million, and its data visualizations will be
delivered through Argo Security Management, an umbrella platform
that aggregates and visualizes key security data across client
environments.
About CISO Global
CISO Global (NASDAQ: CISO), based in
Scottsdale, Arizona, is an
industry leader as a managed cybersecurity and compliance provider.
The company is rapidly expanding by acquiring world-class
cybersecurity, secured managed services and compliance companies
with top-tier talent that utilize the latest technology to create
innovative solutions to protect the most demanding businesses and
government organizations against continuing and emerging security
threats and compliance obligations. For more information about the
company, visit us on LinkedIn, Twitter or at www.ciso.inc.
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 Argo Edge can successfully withstand credible attacks
from numerous sources, including, and beyond, ransomware attempts;
our belief that Argo Edge can enhance a network's external
security; our belief that Argo Edge can identify the location of
the attack by an IP address to allow for more efficient
remediation; our belief that Argo Edge improves an internal
network's resiliency to attack; our belief that Argo Edge expands
our technology stack expansion strategy and adds to our managed
security services; our belief that no single product can solve all
cyber threats; our belief that Argo Edge helps coordinate multiple
security solutions to maximize resiliency against an attack; and
our belief that the test at DEF CON shows that a properly deployed
set of security solutions offers real defense against today's most
aggressive threat actors. 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. Such factors
include, among others, risks related to our ability to raise
capital; our ability to increase revenue and cash flow and become
profitable; our ability to recruit and retain key talent; our
ability to identify and consummate acquisitions; our ability to
acquire, attract, and retain clients; and other risks 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, 2022. 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.
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SOURCE CISO Global