CISO Global has formed a strategic partnership with Financial Independence Group to enhance the distribution of its cybersecurity solution, CHECKLIGHT. The collaboration is expected to tap into a lucrative $2 billion market within the PEO and Financial Management sectors. The CyberSimple solution, featuring a $1.5 million warranty, will be integrated into FIG's advisor portal, used by thousands of wealth advisors.
CISO Global, a leading cybersecurity company, has formed a strategic partnership with Financial Independence Group (FIG) to enhance the distribution of its cybersecurity solution, CHECKLIGHT. The collaboration is expected to tap into a lucrative $2 billion market within the Professional Employer Organization (PEO) and Financial Management sectors [1].
The partnership, facilitated by Cyber Assurance Group Incorporated (CAGI), will integrate CISO Global's CyberSimple solution, powered by CHECKLIGHT, into FIG's advisor portal. This portal is used by thousands of wealth advisors, providing them with enhanced cybersecurity services and a warranty of up to $1.5 million [1].
CISO Global plans to support this launch with instructional videos to facilitate user adoption. The partnership underscores a shared commitment to improving cybersecurity standards for financial services, addressing the increasing threats posed by cybercriminals [1].
The alliance with FIG opens an estimated $2 billion market opportunity in the PEO and Financial Management sector. Integration of CyberSimple powered by CHECKLIGHT into FIG’s proprietary advisor portal expands reach to thousands of wealth advisors and their clients [1].
However, the press release emphasizes a forward-looking statement regarding the $2 billion market opportunity, which may raise concerns about the feasibility and execution of this expectation. The inclusion of a substantial warranty of up to $1.5 million could imply potential financial liability or risks if claims exceed expectations [1].
References:
[1] https://www.nasdaq.com/articles/ciso-global-partners-financial-independence-group-tap-2-billion-market-cybersimpletm?time=1750941803
Comments
No comments yet