CISO Global Enhances CHECKLIGHT® Warranty Coverage
CISO Global Inc. (NASDAQ: CISO), renowned for its pioneering advancements in AI-driven cybersecurity solutions, has made a significant stride in the industry. The company has announced an impressive enhancement to the financial assurance component of its CHECKLIGHT® program, extending warranties to a remarkable $1 million per incident. This new coverage comes into effect at no additional cost for customers, representing a substantial increase from the previous limit of $250,000.
Expanding Market Reach
This upgrade not only adds value for existing clients but also expands CHECKLIGHT's addressable market to an estimated $11 billion, appealing to larger corporations that seek stronger financial protections integrated into their cybersecurity frameworks. The extended warranty is set to attract organizations that prioritize financial assurance, enhancing their willingness to invest in robust cybersecurity measures.
Launch of CyberSimple™
CISO Global is also set to introduce CyberSimple™, a comprehensive solution powered by CHECKLIGHT®. In partnership with Cyber Assurance Group Incorporated, this initiative seeks to broaden access to vital financial protection for small and medium-sized businesses. CyberSimple™ will launch via an extensive referral network, leveraging the support of 17 insurance agencies to equip SMB clients with effective solutions against cyber threats.
Value of the Extended Warranty
Rob Hegedus, Program Director for CHECKLIGHT®, emphasized the importance of this new development, stating, "For nearly five years, CHECKLIGHT® has consistently delivered measurable reductions in cyber-related losses across various industries. This expansion amplifies our value for existing customers while also welcoming new sectors that require comprehensive financial guarantees. CyberSimple™ reaffirms our dedication to proactive cybersecurity solutions backed by significant financial assurances."
Powerful Protection for SMBs
Dave Bechtel, one of the founders of Cyber Assurance Group, noted that the financial protection provided by CHECKLIGHT® is unparalleled in the current market, especially for small businesses. He expressed confidence in the program's potential to deliver substantial coverage without any sublimits even for the smallest clients, making it a strong contender in the cyber insurance landscape.
About CISO Global Inc.
Headquartered in Scottsdale, Arizona, CISO Global, Inc. (NASDAQ: CISO) is at the forefront of AI-powered cybersecurity technology. The company strives to deliver all-encompassing security solutions that protect organizations from emerging cyber threats while ensuring compliance with regulatory obligations. Their commitment to quality makes them a trusted partner for businesses grappling with the demands of cybersecurity in today’s digital landscape.
About Cyber Assurance Group
Cyber Assurance Group Incorporated (CAGI) stands out as a specialist in cyber risk insurance. Their innovative approach combines cutting-edge technology with strategic assessments to effectively mitigate risks posed by cyber threats, offering clients data-driven solutions tailored to their unique needs.
Frequently Asked Questions
What enhancements has CISO Global made to CHECKLIGHT®?
CISO Global expanded the warranty coverage to $1 million per incident, significantly increasing it from the previous limit of $250,000.
What is CyberSimple™?
CyberSimple™ is a new offering powered by CHECKLIGHT®, aimed at providing comprehensive financial protection for small and medium-sized businesses through a partnership with Cyber Assurance Group.
How does the expanded warranty influence the market?
The extended warranty broadens CHECKLIGHT’s addressable market to approximately $11 billion, attracting larger organizations interested in significant financial protection for cybersecurity.
Who benefits from the new warranty program?
The enhanced warranty program benefits existing customers while also targeting previously underserved market segments that require greater financial security against cyber threats.
How does CISO Global position itself in the industry?
CISO Global is recognized as a leader in AI-powered cybersecurity solutions, focusing on delivering comprehensive services that secure organizations against evolving cyber threats.
