Cerberus Cyber Sentinel Corp - CISO stock
OTC Symbol: CISO | Related ticker symbols: CISO is currently listed on the NASDAQ exchange
Cerberus Cyber Sentinel Corp (OTC: CISO) is a cybersecurity company based in Scottsdale, Arizona. The company provides a range of cybersecurity services and solutions designed to help organizations identify, prevent, and respond to cyber threats. Some of the key services offered by Cerberus Cyber Sentinel Corp include vulnerability assessments, penetration testing, incident response, and managed security services. The company also offers a range of software solutions, including a Security Information and Event Management (SIEM) platform, a threat intelligence platform, and a cloud security platform. Cerberus serves clients across a range of industries, including finance, healthcare, government, and retail. The company's mission is to help organizations of all sizes protect themselves from cyber threats and stay ahead of evolving cybersecurity risks. The company is a well-established player in the cybersecurity space, with a strong focus on delivering high-quality services and solutions to its clients.
Cerberus Cyber Sentinel Corp is a cybersecurity company that provides various cybersecurity solutions and services to businesses and organizations in North America. The company's solutions and services are designed to help clients detect, prevent, and respond to cyber threats and attacks. Cerberus Cyber Sentinel offers a comprehensive suite of cybersecurity solutions, including network security, endpoint protection, email security, cloud security, and compliance management. The company also offers a range of services, including risk assessments, security audits, incident response, and cybersecurity consulting. The company's mission is to provide its clients with the highest level of cybersecurity protection, utilizing state-of-the-art technology and best practices. Cerberus Cyber Sentinel's team of cybersecurity experts has extensive experience in the field and is dedicated to helping clients stay ahead of the evolving threat landscape. In short, the company provides a comprehensive suite of cybersecurity solutions and services to help businesses and organizations protect their critical assets from cyber threats and attacks. With its experienced team of cybersecurity experts and cutting-edge technology, the company is well positioned to continue to grow and succeed in the dynamic cybersecurity market.
Cerberus Sentinel announced that it will be changing its name to CISO Global Inc. The company has stated that the rebranding effort is aimed at better reflecting its focus on providing comprehensive cybersecurity services and solutions to businesses worldwide. The new name, CISO Global, is said to reflect the company's dedication to helping organizations build and maintain effective cybersecurity programs to protect their critical assets and information. The company's management team and staff will remain unchanged, and its clients will continue to receive the same high level of service and support. The name change is expected to take effect on January 1, 2023.
Public Offering Terminated
The company announced the termination of a public offering of common stock in a press release dated February 16, 2023. According to the press release, Cerberus Sentinel had initially filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed public offering of common stock, but subsequently decided to terminate the offering due to market conditions. Also noted is that the registration statement filed with the SEC had not yet become effective, and no securities had been sold in connection with the proposed offering. The termination of the offering does not affect the company's existing operations or financial position.
SOC Type 2 Certification
According to an article in The Wall Street Journal dated December 9, 2021, Cerberus Sentinel, a cybersecurity firm, announced that it had achieved the SOC 2 Type 2 certification for security and data confidentiality. The certification was awarded following an audit by an independent third-party auditor and demonstrates that the company's security controls and processes meet rigorous industry standards for protecting sensitive information.
SOC 2 Type 2 certification is awarded by the American Institute of Certified Public Accountants (AICPA) to companies that can demonstrate they have effective controls in place to ensure the security, availability, processing integrity, confidentiality, and privacy of data. The certification is widely recognized as a gold standard for information security and is increasingly becoming a requirement for companies that handle sensitive information or provide IT services to other businesses. Cerberus Sentinel's achievement of the SOC 2 Type 2 certification reflects its ongoing commitment to providing the highest level of security and data protection to its clients. The company's cybersecurity services include vulnerability assessments, penetration testing, managed security services, and incident response.
Partnerships, Mergers and Acquisitions
Kivu Consulting Partnership
According to an article on the AI TechPark website dated October 5, 2021, Cerberus Sentinel, a cybersecurity firm, announced a strategic partnership with Kivu Consulting, a digital forensics and incident response (DFIR) company. The partnership aims to provide clients with a comprehensive suite of cybersecurity services, including proactive threat hunting, vulnerability assessments, incident response, and digital forensics. Under the partnership, Cerberus Sentinel will leverage Kivu's expertise in digital forensics and incident response to enhance its existing cybersecurity services. Kivu, in turn, will be able to offer its clients a broader range of cybersecurity services through Cerberus Sentinel's platform. The article notes that the partnership between Cerberus Sentinel and Kivu Consulting comes at a time when cyber threats are becoming increasingly complex and sophisticated. The two companies' combined capabilities are expected to help organizations better protect themselves against cyber attacks and respond more effectively in the event of a breach. The partnership also reflects a broader trend in the cybersecurity industry towards consolidation and collaboration, as companies seek to provide more comprehensive solutions to clients and stay ahead of evolving threats.
RAN Security Acquisition
Cerberus Sentinel, a cybersecurity firm, has acquired RAN Security, a managed security services provider (MSSP) based in Denver, Colorado. The acquisition is part of Cerberus Sentinel's strategy to expand its capabilities in the managed security services market and enhance its ability to provide end-to-end cybersecurity solutions to clients. RAN Security offers a range of cybersecurity services, including managed detection and response, security information and event management, and vulnerability assessments. The company's expertise in these areas is expected to complement Cerberus Sentinel's existing capabilities in vulnerability assessments, penetration testing, and incident response.
The acquisition of RAN Security is part of a broader trend in the cybersecurity industry towards consolidation, as companies seek to expand their capabilities and provide more comprehensive solutions to clients. The combined capabilities of Cerberus Sentinel and RAN Security are expected to help clients better protect themselves against cyber threats and respond more effectively in the event of a breach. There is a growing demand for managed security services, particularly among small and medium-sized businesses that may not have the resources to maintain an in-house cybersecurity team. As cyber threats become increasingly complex and sophisticated, the need for comprehensive and reliable cybersecurity solutions is only expected to grow.
- Company website. Cerberus Cyber Sentinel Corp. Retrieved on 4/1/2023.
- Yahoo Finance. CISO Stock Profile. Retrieved on 3/23/2023.
- GlobeNewswire. Cerberus Sentinel to become CISO Global, Inc. December 22, 2022.
- GlobeNewswire.com. Cerberus Sentinel Announces Termination of Public Offering of Common Stock. February 16, 2023.
- The Wall Street Journal. Cerberus Sentinel Achieves Gold Standard for Security and Data Confidentiality with SOC 2(R) Certification. December 9, 2021.
- aiTechPark. Cerberus Sentinel Announces Strategic Partnership with Kivu Consulting. February 2, 2023.
- The Middle Market. Cerberus Sentinel Acquires RAN Security. January 10, 2023.