CISO

Partnership Announcement: CISO Global has partnered with Cyber Assurance Group to launch CyberSimple, a unique offering that combines AI-powered cybersecurity protection and financial coverage tailored for small and medium-sized businesses (SMBs) facing cyber risks.

Market Potential: The global cyber insurance market is expected to exceed $50 billion by 2030, highlighting the increasing demand for integrated solutions like CyberSimple that provide both cyber defense and financial security for SMBs.

Ericsson's Financial Performance: Shares of Ericsson rose 6.9% in pre-market trading after the company reported a 44% increase in adjusted operating earnings and a 3% rise in net sales for the first quarter.

Stock Movements: Various stocks experienced significant changes in pre-market trading, with Splash Beverage Group surging 99.2% and DiaMedica Therapeutics falling 52%.

Financial Milestone Achieved: CISO Global, Inc. has fully satisfied its convertible notes with Target Capital 14, LLC and Secure Net Capital, marking a significant financial milestone as the company strengthens its balance sheet and announces unaudited Adjusted EBITDA profitability.

Growth Strategy and Commitment: The company is focused on expanding recurring revenue through software sales while reaffirming confidence from board members and partners, highlighting a commitment to long-term value creation and delivering industry-leading cybersecurity solutions.

Market Reaction to Tariff Signals: U.S. stock futures are trading lower as investors respond to mixed tariff signals from President Trump, with the market showing sensitivity to fluctuating trade policies and a potential Federal Reserve interest rate hold.

Sector Performance and Economic Indicators: Recent market activity saw gains in consumer discretionary and financial sectors, while home prices reached record highs; however, consumer confidence declined for the fourth consecutive month, indicating mixed economic signals.

GameStop Earnings Report: GameStop Corp. shares rose 13.4% in pre-market trading after reporting fourth-quarter adjusted earnings of 30 cents per share, exceeding analyst expectations, despite revenue falling short of estimates at $1.283 billion.

Pre-Market Stock Movements: Several stocks saw significant gains in pre-market trading, including Theratechnologies Inc. (+88.3%) and SurgePays, Inc. (+69.5%), while others like Golden Heaven Group Holdings Ltd. (-24.4%) and Humacyte, Inc. (-22.1%) experienced notable declines.

Financial Improvements: CISO Global, Inc. has successfully paid off its highest-interest loans and secured $7 million in extensions on convertible notes, enhancing its financial stability and operational efficiency.

Strategic Transition: The company is transitioning to a high-margin, software-led business model, aiming for sustained revenue growth while continuing to provide comprehensive cybersecurity solutions.

Stock Volatility Explanation: CISO Global, Inc. has clarified that the recent volatility in its stock is not due to insider selling, as no executives or board members have sold shares. The company attributes the price decline to manipulative trading practices, including naked short selling.

Company Commitment and Innovations: Despite the stock pressure, CEO David Jemmett emphasized the company's commitment to long-term growth and innovation, highlighting recent positive developments such as partnerships with Microsoft and AWS, and the launch of new cybersecurity tools.

Deployment of Skanda: CISO Global, Inc. has successfully launched Skanda, an AI-powered penetration testing tool that enhances cybersecurity by providing continuous security assessments and improving organizations' resilience against cyber threats.

Future Innovations: The company plans to evolve Skanda into a real-time penetration testing solution, enabling proactive vulnerability identification and compliance with cybersecurity frameworks, ultimately streamlining regulatory adherence and enhancing overall security readiness.

CISO Edge Launch: CISO Global, Inc. has launched CISO Edge, an AI-driven cloud security solution designed for large enterprises and government entities, providing robust protection against advanced cyber threats such as ransomware and nation-state attacks.

Proven Effectiveness: CISO Edge has been tested in real-world scenarios, successfully blocking over 87,000 cyberattacks during recent cybersecurity conferences without any breaches, reinforcing CISO Global's position as a leader in the AI-driven security market.

CISO Edge Launch: CISO Global has launched CISO Edge, an AI-driven cloud security solution designed for enterprise-grade cybersecurity, catering to the needs of organizations for comprehensive security across cloud, hybrid, and remote environments.

Compliance Achievement: CISO Global's compliance division successfully passed the CMMC audit, further enhancing its credibility in the cybersecurity sector.

CISO Global's Innovations: CISO Global, Inc. is enhancing its AI-powered cybersecurity solutions by integrating with Microsoft Azure and Amazon AWS, successfully developing a Proof of Concept for Microsoft Security Copilot that improves asset management and threat detection.

Cloud Security Solutions: The company's TIGRIS GRC solution is now available on the AWS Marketplace, offering key security assessments to help organizations optimize their cloud security and compliance, reinforcing CISO's commitment to proactive cloud-based security measures.

AI Security Performance: CISO Global's AI-powered CISO Edge security platform successfully blocked over 87,000 unique cyber attacks within six hours at the Black Hat USA and DEF CON 32 conferences, maintaining a record of no successful breaches.

Significance in Cybersecurity: The Edge platform enhances both external security and internal network resilience, particularly against ransomware threats, and has been effectively deployed across various commercial and government networks.

CISO Global Q2 2024 Results: CISO Global reported a second quarter earnings per share of -40 cents and revenue of $7.81 million.

Automated Earnings Reporting: InvestorPlace Earnings utilizes TradeSmith data to provide automated coverage of quarterly earnings, delivering key financial figures quickly without human intervention.

Top Gainers: Notable pre-market stock movers include Tellurian, which surged over 66% due to a $900 million acquisition deal, and Serve Robotics, up over 60% after Nvidia acquired a stake in the company. Other significant gainers include Castellum, Netcapital, and Richtech Robotics.

Top Losers: Exicure experienced the largest drop, plummeting more than 24% following a previous rally, while other notable losers include Sentage, Sonoma Pharmaceuticals, and Novo Integrated Sciences, each falling around 14%.

Tellurian Inc. Acquisition: Tellurian Inc. shares surged 65% in pre-market trading following Woodside Energy's announcement of a $900 million all-cash acquisition deal, with an implied enterprise value of approximately $1.2 billion.

Other Pre-Market Movements: Several stocks experienced significant pre-market trading changes, including Netcapital Inc. (+43.8%), Serve Robotics Inc. (+36.8%), and Richtech Robotics Inc. (+29.2%), while Exicure, Inc. saw a notable decline of 23.4%.

CISO Global's Response to Security Incident: CISO Global has developed a comprehensive solution to address the security incident caused by a faulty update to CrowdStrike's Falcon Sensor, which resulted in widespread system failures and Blue Screen of Death errors on Windows machines globally.

Step-by-Step Recovery Process: The company has outlined a simple recovery procedure for affected users, including booting into Safe Mode, deleting the faulty driver file, and rebooting the system to restore normal operations.