CISO Global Doubles FY25 Software Bookings to $10M with Financial Independence Group Rollout

CISO Global announced an increased anticipated software-related bookings of $10M for FY25, doubling the previous estimate. This follows the nationwide rollout of CHECKLIGHT, a cybersecurity software, through a strategic partnership with Cyber Assurance Group, introducing it to a $2B addressable market for warranty-backed cybersecurity.

CISO Global (NASDAQ:CISO) has announced a significant increase in its anticipated software-related bookings for fiscal year 2025 (FY25), raising the figure to $10 million, a doubling of the previous estimate [1][2][3]. This surge in expected revenue is attributed to the nationwide rollout of CHECKLIGHT, the company's cybersecurity software, through a strategic partnership with Cyber Assurance Group (CAGI) and Financial Independence Group (FIG) [1][2][3].

The partnership introduces CHECKLIGHT, now branded as CyberSimple™, into an estimated $2 billion addressable market for warranty-backed cybersecurity. This market expansion is facilitated by FIG's extensive network of 10,000 financial advisors serving approximately 1.5 million clients [1][2][3]. The partnership also includes a rapid expansion plan to reach a broader national client base, further boosting CISO Global's market penetration [1][2][3].

CISO Global's Chief Financial Officer, Deb Smith, stated that the company has successfully transitioned into a high-margin SaaS cybersecurity model, with the doubling of anticipated software bookings reflecting the strength of their platform and the scale of their distribution channels [3]. The company expects to achieve significant growth in its software business, driven by the rising demand for warranty-backed protection that combines financial value with threat prevention [3].

The introduction of CHECKLIGHT through FIG's network of advisors aligns cybersecurity with financial planning conversations, potentially lowering customer acquisition costs while increasing conversion rates. This approach is particularly valuable for small and medium-sized businesses (SMBs) that often lack robust cybersecurity infrastructure yet face significant digital threats [4].

CISO Global's shares were up more than 12% in premarket trading following the announcement, reflecting investor confidence in the company's strategic pivot and market expansion [2]. The company's successful transition to a high-margin SaaS cybersecurity model, combined with its strong distribution channels and expanding market reach, positions CISO Global as a leader in the cybersecurity industry.

References:
[1] https://www.tipranks.com/news/the-fly/ciso-global-sees-fy25-software-related-bookings-of-10m-thefly?mod=mw_quote_news
[2] https://seekingalpha.com/news/4467857-ciso-global-doubles-2025-anticipated-software-bookings-to-10m-with-nationwide-launch
[3] https://www.globenewswire.com/news-release/2025/07/16/3116391/0/en/CISO-Global-Doubles-2025-anticipated-Software-Bookings-to-10-Million-with-Nationwide-Launch.html
[4] https://www.stocktitan.net/news/CISO/ciso-global-doubles-2025-anticipated-software-bookings-to-10-million-6javckia040z.html