CHECKLIGHT® from CISO Global Proven to Reduce Cyber Loss, According to 2023 Measurement Data
March 19 2024 - 8:30AM
CISO Global (NASDAQCM: CISO), an industry leader as a managed
cybersecurity and compliance provider, successfully tested the
effectiveness of its CHECKLIGHT® Endpoint Detection and Response
(EDR) solution under strenuous and highly targeted environments
over the past year. Through actuarial data collection, CISO Global
found that it significantly reduced the number and severity of
cyber losses to the very low single digits for users of the
technology.
Based on AI technology developed for the federal
government, the solution provides North American businesses with an
immediate, affordable, and unparalleled level of financial
protection of up to $250,000 that ensures the client environment
remains protected amid cyber threats and attacks.
CHECKLIGHT® continuously scans for fraudulent
phishing attacks, hacking, imposter scams, malware, ransomware, and
viruses. The platform studies new viruses it encounters, developing
unique defenses to protect the network and its users using
next-generation signature, behavior and machine learning
algorithms.
“The use of financially protected technologies
is just now starting to gain attention in the marketplace as an
affordable and immediate option to reduce risk exposure and provide
some level of business assurance,” said CEO David Jemmett, CISO
Global. “At CISO Global, we remain committed to addressing the
needs of the small to mid-sized businesses, and this is yet another
way we are delivering unprecedented value to our clients.”
According to industry research, 82% of small to
mid-sized businesses lack the ability to purchase cyber insurance
which is fast becoming a necessity for all sized businesses.
CHECKLIGHT® was developed in part to address this gap estimated to
represent $80 billion in cyber protection for the North American
SMB market.
For those companies pursuing cyber insurance,
CHECKLIGHT®’s continuous monitoring capabilities help them meet
requirements for cyber insurance eligibility.
For more information on CHECKLIGHT®, please visit ciso.inc.
About CISO Global
CISO Global, Inc. (NASDAQCM: CISO), based in
Scottsdale, Arizona, is a Top #25 managed cybersecurity and
compliance services provider that is delivering innovative
solutions through its newly developed AI and
ML-powered product portfolio. The company protects the most
demanding businesses and government organizations against
continuing and emerging security threats and ensures their
compliance obligations are being met. For more information about
the company, visit CISO Global on LinkedIn, X 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 we are an
industry leader as a managed cybersecurity and compliance provider;
our belief that we successfully tested the effectiveness of our
CHECKLIGHT® solution under strenuous and highly targeted
environments; our belief that we used an actuarial data collection
to derive cyber loss results; our belief that CHECKLIGHT®
significantly reduced the number and severity of cyber losses; our
belief that the technology is based on AI developed for the federal
government; our belief that this technology provides North American
businesses with an unparalleled level of cyber and financial
protection; our belief that this technology provides up to $250,000
in financial protection; our belief that the use of financially
protected technologies is gaining attention in the marketplace; our
belief that we are committed to addressing the cybersecurity needs
of the small to mid-sized businesses; our belief that we deliver
value to our customers; our belief that small to mid-sized
businesses lack the ability to purchase cyber insurance; our belief
that this technology addresses the gap in cyber protection for the
North American SMB market; our belief that CHECKLIGHT® helps
organizations meet requirements for cyber insurance eligibility;
and our belief in our commitment to helping the industry accelerate
its ongoing push to enhance the effectiveness of cybersecurity.
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.
Media Contact: Janet Brumfield for CISO
Globaljanet@idealprplus.com614.582.9636
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