Business
CISO Global Acquires Veteran-Owned SB Cyber Technologies
Top Managed Cybersecurity and Compliance Provider Expands Capabilities with Leading Endpoint Protection and Response Technology SCOTTSDALE, Ariz., July 19,
About this update from Ciso Global, Inc.
[{"type":"text","content":"Top Managed Cybersecurity and Compliance Provider Expands Capabilities with Leading Endpoint Protection and Response Technology \nSCOTTSDALE, Ariz., July 19, 2023 /PRNewswire/ -- CISO Global, Inc. (NASDAQ: CISO), an industry leader as a managed cybersecurity and compliance provider announced that it has acquired SB Cyber Technologies, LLC, a cybersecurity company that specializes in identifying, enhancing and applying emerging government and military grade capabilities to critical commercial technical security challenges.\n\n \n \n \n \n \n \n\n \nUnder the terms of the agreement, SC Cyber has become a wholly owned subsidiary of CISO Global.\nBased in Chesapeake, Va. and founded by former members of the U.S. intelligence and special operations communities, SB Cyber developed CHECKLIGHT®, a powerful and proactive Endpoint Detection and Response (EDR) technology that detects potential threats to endpoints, such as laptops and desktops, on a continuous basis. Speaking to the tool's efficacy, SB Cyber Technologies CEO Rob Hegedus commented, \"With over 3 million hours of operational run time since inception, CHECKLIGHT has zero instances of sophisticated malware getting through undetected. Six months into a pilot program for one of the largest self-insured organizations in the United States, it has decreased cyber breach losses to zero at a cost that provides immediate economic ROI.\"\n\"SB Cyber enables us to accelerate our strategy to bring additional talent and a powerful leading-edge technology to our customers at a time when cyber threats are increasingly becoming more prevalent and harder to circumvent,\" said David Jemmett, CEO and founder of CISO Global. \"CHECKLIGHT® expands our proprietary capabilities and value proposition to the market, allowing us to deliver the full spectrum of services required today to be truly cyber resilient.\"\nCHECKLIGHT® uses the same cybersecurity software engine used by several federal agencies; it identifies unauthorized processes associated with fraudulent phishing attacks, hacking, imposter scams, malware, ransomware and viruses.\nCEO of SB Technologies, Rob Hegedus, said of the acquisition, \"We created CHECKLIGHT® four years ago to combine the best in cybersecurity technology and insurance expertise to protect the most vulnerable members of our economic ecosystem. After an extremely succe...