CISO Global Targets $10 Million in Software Bookings by 2025

CISO Global Sets Ambitious $10 Million Software Booking Target

Targeting a Growing Market

CISO Global (NASDAQ: CISO), a prominent player in cyber security solutions, has boldly announced an anticipated increase in its software-related bookings to $10 million for the year 2025. This significant milestone is not just a number; it reflects the company’s confidence in its innovative approach to cybersecurity through strategic partnerships and market expansion.

The foundation for this ambitious target stems from the recent nationwide rollout of CISO Global's CHECKLIGHT, operated under the CyberSimple brand as part of a strategic alliance with Financial Independence Group (FIG). This partnership allows CISO Global to tap into a substantial potential market, estimated at around $2 billion, which focuses on warranty-backed cybersecurity solutions.

Deb Smith, CFO of CISO Global, commented on this strategic shift, saying, “Our transition to a high-margin SaaS model is underway, and the momentum is unmistakable. Doubling our expected bookings signifies our platform's strength, our extensive distribution channels, and a growing demand for effective cybersecurity solutions that offer tangible financial benefits alongside protection against threats.”

The CHECKLIGHT solution is being presented through FIG’s network, which includes more than 10,000 high-net-worth financial advisors and additional wealth and business advisors. This move is strategic, aiming to expand its reach to an estimated client base of 1.5 million individuals.

“Introducing warranty-backed cybersecurity into financial planning is a game changer,” said Kyle Young, COO of CISO Global. “It perfectly aligns with our mission and represents a transformative shift in delivering cybersecurity solutions. We express our congratulations to our partners at CAGI for successfully launching CyberSimple, and we look forward to broadening CHECKLIGHT's accessibility across the nation.”

This collaboration solidifies the existing strategic partnership with Financial Independence Group and Cyber Assurance Group, both of whom share a commitment to delivering robust financial and cyber protection solutions specifically tailored for small and medium-sized businesses (SMBs).

Key Highlights of CISO Global's Strategy

- Anticipated software bookings for 2025 are set to reach $10 million.
- CHECKLIGHT is now available nationwide as part of the CyberSimple initiative.
- The FIG rollout effectively utilizes a network of 10,000 advisors, reaching approximately 1.5 million clients.

- CISO Global ventures into a significant $2 billion addressable cybersecurity market.
- Transitioning to a focused high-margin SaaS business model that emphasizes warranty-backed offerings.

Overview of CISO Global

CISO Global, Inc. (NASDAQ: CISO), located in Scottsdale, Arizona, stands at the forefront of AI-driven cybersecurity software development and compliance services. The company is dedicated to providing all-encompassing solutions that protect organizations by continuously analyzing and addressing both evolving cyber threats and compliance requirements. CISO Global has established a reputation for safeguarding a diverse array of organizations, including businesses and governmental entities, ensuring they meet their security obligations.

About Financial Independence Group and Cyber Assurance Group

Financial Independence Group (FIG) operates as a trusted financial services provider, focusing on delivering wealth management solutions, insurance, and tools tailored to assist financial advisors across the nation. Their strategies are designed to empower advisors and enhance their service offerings to clients.

Cyber Assurance Group Incorporated (CAGI) specializes in cyber risk insurance. Leveraging advanced technology, CAGI seeks to mitigate risks and ensures clients receive comprehensive, data-driven solutions designed to protect against cyber vulnerabilities.

Frequently Asked Questions

What are CISO Global's anticipated software bookings for 2025?

CISO Global anticipates reaching $10 million in software bookings for the year 2025.

How is CHECKLIGHT being marketed?

CHECKLIGHT is marketed as part of the CyberSimple initiative through a strategic partnership with Financial Independence Group, tapping into a network of advisors for extensive reach.

What is the market potential for CISO Global's offerings?

The addressable market for CISO Global’s warranty-backed cybersecurity solutions is estimated to be around $2 billion.

What does the transition to a SaaS model mean for CISO Global?

The transition signifies a shift toward a high-margin business model, allowing CISO Global to deliver cybersecurity solutions that are financially beneficial for clients.

Who are CISO Global’s main partners?

CISO Global collaborates with Financial Independence Group and Cyber Assurance Group to enhance their service offerings and deliver comprehensive cybersecurity solutions to the SMB market.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

Contact Addison Perry privately here. Or send an email with ATTN: Addison Perry as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.