CISO Global stock is higher by 20% so far in November. While it’s an impressive move, it could be the precursor to near-term higher highs. That’s bullish speculation, for sure. However, CISO is providing the fuel to support the sentiment, including putting up a $250,000 money-back guarantee to any person or entity compromised after installing its robust cybersecurity firewall. Although the prize is significant to those believing they can breach CISO’s cyber-defense platform, they may save time by targeting elsewhere. In fact, it might be wise for any hacker to stay far from anything protected by CISO assets, noting that their performance at the recent DEF CON conference in Las Vegas was nothing short of spectacular. (* share price change calculated between November 1, 2023, $.10 – November 10, 2023, $.12), Yahoo! Finance, 9:30 AM EST
There, it defended against roughly 127,000 attempts by some of the world’s brightest hacker minds trying to infiltrate operating systems. The most impressive part of the defensive performance is that companies demonstrating were, by all accounts, set up to fail. Most did. Not CISO. Its Argo Edge successfully defended against cyber breaches after being downloaded into a common and affordable Intel NUC (NASDAQ: INTL) computer with a standard operating system. One would think hackers could easily pierce defensive firewalls based on the somewhat commodity-level system. Those loaded with CISO cyberdefense made it tough. In fact, roughly 127,000 attacks couldn’t break the CISO shield. But here is something more impressive- these computers were connected to the public WiFi in Caesar’s Forum, significantly elevating a hacker’s ability to breach the system. Thus, hackers going 0 for 127,000 presents a compelling statement.
Yes, some did penetrate initial defenses. But beyond that, none were able to complete their sabotage mission. Certainly not near enough to warrant applying for the $250,000 bounty.
AI-Empowered Technology That Gets Smarter
The intent of this coverage isn’t to challenge hackers; it’s intended to show that CISO cyber-defense products and platforms can be a valuable and trusted ally. And the better news is that while it’s an excellent addition to front-line defenses today, through AI-empowered technology, it continues to get stronger by learning from prior attacks. That ability makes it one of the market’s most protective cyber defense shields.
It proved that at the Las Vegas show, defending against almost every sophisticated trick in the hacker handbook to gain access, including through front, back, and side door vulnerabilities to penetrate systems and drop malicious adware, data-stealing malware, or worst-case ransomware. Those failures did more than fail; they made Argo Edge more potent in defending against future attacks.
And that’s helped grow the list of users utilizing Argo Edge and other CISO products. For them, they now benefit from world-class, robust cybersecurity protections that have proven themselves as a formidable and, for the most part, impenetrable force to protect company assets. Know this. While a game changer in terms of potential revenue growth, Argo Edge isn’t the only CISO value driver. CHECKLIGHT™ is the latest addition to its cybersecurity arsenal.
CHECKLIGHT™ Adds To Impressive CISO Asset Portfolio
It, too, defends from a position of strength, providing robust endpoint detection and response that protect its clients from cyber attacks at the edge. Acquired as part of its acquisition of SB Cyber, CHECKLIGHT™ utilizes AI-empowered continuous scanning to identify unauthorized processes associated with fraudulent phishing attacks, hacking, imposter scams, malware, ransomware, and viruses. Through this active learning, 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. While that list is impressive on its own, CHECKLIGHT™ does more.
That “more” is a considerable differentiation. Utilizing kill chain methodology, CHECKLIGHT™ protects against zero-day viruses (previously unknown computer viruses) and malware for which specific antivirus software signatures are unavailable. Few, if any, competitors can or are making similar claims. And that’s still not all the platform offers. Another difference, which is also an advantage, is that CHECKLIGHT™ integrates seamlessly with Windows, Mac OS, and Linux systems and requires minimal system resources, with all processing done on a cloud-native architecture. Also, unique alerts from CHECKLIGHT™ are instantaneous, communicating threats via email, text, and dashboard notifications with the security person or team of an attempted attack. The benefits don’t end there.
By CISO Global helping create and instill a culture of cybersecurity awareness, its clients benefit from a top-down approach to cybersecurity that reaches every company layer by providing consultative access to IT security engineers who can address breaches in real-time. Knowing about and understanding how cyber attacks target the endpoint, CISO highlights the need for every organization to have more than a culture of cybersecurity; they need a solution like CHECKLIGHT™ as part of their overall cybersecurity strategy. And CISO isn’t selling the benefits of CHECKLIGHT™ on faulty logic.
Instead, it stands behind its proven value and known performance to protect its client’s environment, an accomplishment reached by research, IP, and rigorous testing challenging the threat from bad cyber actors as they prey upon individuals, businesses, including large enterprises, SMBs, nonprofits, educational institutions, and religious organizations.
A One-Two Punch Against Cyber Infiltration
By all measures, it’s an excellent product. And combined with Argo Edge, clients could benefit from the most advanced tools to defend against cyber attacks through unknown vulnerabilities. But keep in mind that CISO clients aren’t the only winners. CISO also wins by leveraging its assets’ strength to drive revenues higher. That’s happening.
Part of that growth comes from CISO creating cybersecurity as a culture mentality that addresses challenges that can inhibit effectiveness in cybersecurity. That helps company IT and security teams to manage, track, coordinate, and measure the success of their organization’s security program. As important, it provides visibility across dozens of tools and services combined, empowering decision-makers with the information they need to make more rapid progress in leading their organization’s security program. By using customizable cloud-hosted Security Management dashboards that layer together multiple cloud security technologies and coordinate them to provide reliable protection, defensive action starts quickly and, as important, is effective.
Expanding Its Business Reach
That’s led to industry players wanting to work with CISO. The company recently announced signing a licensing agreement to provide its entire suite of next-generation intellectual property to CRG Research, LLC (CRG). The agreement licenses CISO’s IP to providers who then create wholly separate offerings in the marketplace, which simultaneously adds new revenue streams for CISO. Additionally, the deal extends the reach of CISO Global’s leading-edge technology to help solve widespread cybersecurity problems. And it could be the first of many other deals to come.
CISO announced launching a channel sales partnership program to extend its reach through value-added resellers (VARs), managed services providers (MSPs), and strategic partners. Targeting opportunities in the U.S. and Latin America, where CISO Global has a significant presence, the new program is aimed at providing the full complement of CISO Global services to end-user customers through an extended network of partners that will be serviced and supported by the CISO Global team. Keep in mind that the use cases are broad.
For example, through business relationships that complement CISO assets, the cooperative can provide technical research services to legal firms conducting pre-transaction due diligence in mergers and acquisitions and proactively uncover cyber incidents and vulnerabilities that could significantly impact a planned transaction. CISO’s proprietary solutions empower CRG to collect and assess network data in real-time and with more extensive detail than competitors. The effort is timely to the opportunity. A study by IBM shows that one in three acquirers experienced a breach attributable to merger and acquisition activity in the integration phase, pointing to market demand for cyber research during due diligence.
Seizing A Valuation Disconnect
All the above points to a simple conclusion- CISO Global is growing quickly and efficiently. And this Scottsdale, Arizona-based company is showing no signs of slowing. Instead, they are seizing revenue-generating opportunities inherent to its being an industry leader as a managed cybersecurity and compliance provider. That includes earning value by acquiring world-class cybersecurity and services and compliance companies. They then leverage top-tier management expertise that utilizes the latest technology to create innovative solutions to protect businesses and government organizations against relentless security threats.
That ability and service led to CISO being added to the PCI Marketplace as a PCI Quality Security Assessor (QSA), making them certified and authorized by the Payment Card Industry Security Standards Council (PCI SSC) to assess and validate organizations’ compliance with the Payment Card Industry Data Security Standard (PCI DSS). More simply, CISO assets are trusted to protect the confidentiality and integrity of credit card and payment card data handled by merchants, service providers, and financial institutions. With an estimated $7 trillion lost to cybercrime in the US last year, CISO is timely to these revenue-generating opportunities.
And remember, despite its penny-stock price, CISO Global may have industry-best assets to share. While it’s a subjective measure, few, if any, other companies performed as well as CISO at DEF CON, including products presented by Cisco (NASDAQ: CSCO), Palo Alto (NASDAQ: PANW), and Check Point Software (NASDAQ: CHKP). Thus, to suggest a valuation disconnect exists between CISO’s stock price, assets, and potential may be an understatement for the investor ages. At roughly $0.12 last Friday, that’s the case.
Still, while the gap is wide today, it could close quickly. CISO has a massive asset arsenal with a proven ability to defend and show itself worthy of business partnerships. Those things alone justify a significantly higher share price, even on a pure tangibles basis. But to be fair, that’s not how Wall Street values companies. Forward-looking potential matters, too. And CISO has tons of that. In fact, combining the intrinsics with inherent potentials, current CISO prices are more than priced at ground floor levels they’re bargain basement, which for growth stock investors should present an investment proposition too attractive to ignore. That could be why many aren’t.
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