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SCOTTSDALE - CISO Global, Inc. (NASDAQ: CISO), a $12.65 million market cap company specializing in proprietary software, managed cybersecurity, and compliance, has disclosed its ongoing advancements in AI-powered security within the ecosystems of Microsoft Azure and Amazon AWS. The company’s stock has shown remarkable momentum, surging over 124% in the past six months, according to InvestingPro data. The announcement follows CISO’s previous selection in 2023 for the Microsoft Security Copilot program, where it developed a successful Proof of Concept (POC) for integrating its Argo Secure platform with Microsoft Security Copilot.
The POC demonstrated a bidirectional data flow that enhanced asset management and threat detection capabilities. This was achieved through the deployment of an Azure Log Analytics Workspace, a Microsoft Sentinel SIEM environment, and a custom ingestion engine that processed 75,000 sample logs to simulate real-world security threats, including multi-stage attacks. This technological advancement comes as CISO Global demonstrates strong revenue growth of nearly 35% over the last twelve months, though InvestingPro analysis indicates the company is currently operating with significant debt obligations. The integration also utilized automation, schema management, and custom rule sets to evaluate the effectiveness of Security Copilot from a security analyst’s perspective.
Furthermore, CISO Global’s TIGRIS GRC solution has been integrated into the Amazon Web Services (AWS) Marketplace, offering AWS users access to critical security solutions. These include Cloud-Based Security Gap Analysis, Third-Party Cloud-Based Security Assessment, and Cloud-Based Architecture Review, which collectively aim to enhance cloud security posture, compliance, and operational efficiency for businesses.
David Jemmett, CEO of CISO Global, emphasized the company’s commitment to proactive, cloud-based security, stating that the integration of their AI-powered security solutions with leading cloud providers is central to their strategy.
CISO Global is recognized for its comprehensive cybersecurity and compliance services, which are designed to safeguard organizations against emerging cyber threats. The company leverages advanced technology and industry expertise to provide customized services that ensure the security and compliance of clients’ digital assets.
The information for this article is based on a press release statement from CISO Global. The company continues to maintain its stance as an industry leader, focusing on the integration and enhancement of AI-driven security solutions with major cloud service providers. According to InvestingPro analysis, CISO Global appears undervalued at current levels, though investors should note the company’s rapid cash burn rate. InvestingPro subscribers have access to over 12 additional key insights and metrics about CISO Global’s financial health and market position.
In other recent news, CISO Global, Inc. has been involved in several noteworthy developments. The company is currently addressing a potential delisting from The Nasdaq Stock Market due to failing to hold an annual shareholder meeting within the required timeframe. CISO Global has a 45-day period to submit a compliance plan, and if accepted, Nasdaq may extend the deadline to June 30, 2025. In a separate announcement, CISO Global has regained compliance with Nasdaq’s minimum bid price requirement, having maintained a closing stock price at or above $1.00 for ten consecutive business days. This compliance marks the resolution of a previous deficiency notice issued by Nasdaq. Additionally, significant changes have been made to CISO Global’s Board of Directors, with Phillip Balatsos, Mohsen Khorassani, and Andrew Hancox joining the board. These appointments followed an agreement with certain investors and coincide with meeting specific conditions, including a $4 million gross proceeds milestone. The company anticipates holding its annual meeting in March 2025 to address its delisting issues.
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