Top Managed Cybersecurity and Compliance Provider Expands Capabilities with Leading Endpoint Protection and Response Technology
Scottsdale, Ariz. – July 19, 2023 – CISO Global (NASDAQ: CISO), an industry leader as a managed cybersecurity and compliance provider announced that it has signed a definitive agreement for the acquisition of 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.
Under the terms of the agreement, SB Cyber will become a wholly owned subsidiary of CISO Global. The deal is expected to close this summer.
Based 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.
“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.”
CHECKLIGHT® 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.
CEO of SB Technologies 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 successful initial deployment to our clientele, we continue to collect historical data that unequivocally shows a dramatic decrease not only in data breaches but also subsequent insurance losses. Now it’s time to expand this capability to a larger audience. We are excited to join the CISO Global family and bring the unique power of CHECKLIGHT® and its warranty to a worldwide client base.”
SB Technologies will continue to be based in Virginia. The intellectual property of CHECKLIGHT® will be added to the growing portfolio of next generation solutions whose IP is held in CISO Global’s subsidiary, vCISO, LLC.
Since the company’s inception in 2019, CISO Global has acquired 16 companies to expand its geographic footprint, broaden its solutions portfolio, and build its talent base to deliver fully managed end-to-end cybersecurity and compliance services to enterprises in the U.S. and Latin America. The acquisition of SB Cyber Technologies marks its seventeenth acquisition and its second acquisition of 2023.
About CISO Global
CISO Global (Nasdaq: CISO) is a leader in delivering managed security and compliance services to enterprise and government clients, bringing together expert practitioners and thought leaders, proprietary innovations, and tailored solutions that drive cyber resilience. With a presence throughout the U.S. and Latin America, the Scottsdale, Arizona based company spans geographies, specialties, industries, regulatory frameworks, and focus areas. CISO Global experts include auditors, risk and compliance specialists, certified forensics experts, ethical hackers, security engineers, and around-the-clock security analysts. For more information about the company, visit us on LinkedIn, Twitter or at www.ciso.inc.
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