CISO Global Inc. successfully completed its SOC 2 Type II examination, validating its data privacy and security practices.
Quiver AI Summary
CISO Global Inc. (NASDAQ: CISO), a leader in AI-powered security software and managed cybersecurity services, has successfully completed its SOC 2 Type II examination for the third consecutive year. Conducted by A-LIGN, the audit assessed the company's data privacy practices and security controls over the past year and confirmed compliance with the industry's highest standards. CEO David Jemmett emphasized the importance of this achievement in demonstrating the company's commitment to security and operational excellence, which enhances client trust. The SOC 2 audits, recognized globally, evaluate organizations based on five Trust Service Criteria. This accomplishment reaffirms CISO Global's dedication to protecting sensitive data amid evolving cyber threats.
Potential Positives
- CISO Global Inc. successfully completed its SOC 2 Type II examination for the third consecutive year, showcasing its commitment to security and operational excellence.
- The successful audit by A-LIGN, a trusted compliance firm, enhances CISO Global’s reputation and reinforces client trust in its cybersecurity practices.
- The SOC 2 Type II report serves as a globally recognized validation of CISO Global’s data privacy practices and security controls, meeting the highest industry standards.
Potential Negatives
- While the press release highlights the successful completion of the SOC 2 Type II examination, it may raise concerns regarding the necessity of such audits if the company needs to repeatedly promote their compliance achievements, suggesting potential past issues with data privacy or security.
- The forward-looking statements included in the press release underscore the uncertainty in the company's future performance and effectiveness, indicating that shareholders may need to be cautious about the company's projections and commitments to operational excellence.
- The emphasis on compliance and security may imply a reactive rather than proactive approach to cybersecurity, which could lead stakeholders to question the company's overall strategy in dealing with emerging threats.
FAQ
What is SOC 2 Type II examination?
SOC 2 Type II examination assesses how organizations manage customer data according to five Trust Service Criteria, ensuring their security practices meet industry standards.
Who conducted CISO Global's SOC 2 audit?
The SOC 2 audit for CISO Global was conducted by A-LIGN, a trusted cybersecurity compliance firm serving over 4,000 organizations worldwide.
Why is CISO Global's SOC 2 achievement significant?
This achievement reflects CISO Global's commitment to security, trust, and operational excellence, assuring clients of their effective data protection practices.
How often does CISO Global complete SOC 2 audits?
CISO Global has successfully completed its SOC 2 audit for three consecutive years, demonstrating consistent adherence to security standards.
What services does CISO Global provide?
CISO Global offers AI-powered cybersecurity software, managed cybersecurity services, and compliance solutions to protect organizations from emerging cyber threats.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CISO Hedge Fund Activity
We have seen 4 institutional investors add shares of $CISO stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MERCER GLOBAL ADVISORS INC /ADV added 144,896 shares (+inf%) to their portfolio in Q1 2025, for an estimated $64,188
- UBS GROUP AG removed 49,179 shares (-54.9%) from their portfolio in Q1 2025, for an estimated $21,786
- RENAISSANCE TECHNOLOGIES LLC removed 19,200 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $8,505
- VIRTU FINANCIAL LLC removed 15,212 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $52,785
- TWO SIGMA SECURITIES, LLC removed 14,400 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $49,968
- FNY INVESTMENT ADVISERS, LLC added 10,000 shares (+inf%) to their portfolio in Q1 2025, for an estimated $4,430
- TOWER RESEARCH CAPITAL LLC (TRC) removed 1,760 shares (-94.6%) from their portfolio in Q1 2025, for an estimated $779
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Scottsdale, AZ, June 05, 2025 (GLOBE NEWSWIRE) -- CISO Global Inc. (NASDAQ: CISO), an industry leader in AI-powered security software, managed cybersecurity services, and compliance solutions, today announced its successful completion of its SOC 2 Type II examination. The audit, which reviewed a 12-month period, was conducted by A-LIGN—a trusted cybersecurity compliance firm serving over 4,000 organizations worldwide.
The successful audit validates that CISO Global’s data privacy practices and security controls meet the highest standards in the industry.
"We are incredibly proud to have successfully completed our SOC 2 audit for the third year in a row,” said CEO, David Jemmett. “This is an achievement that reflects our unwavering commitment to security, trust, and operational excellence. The work from our compliance team not only strengthens our internal processes but also reinforces the confidence our clients place in us every day."
SOC 2 audits, developed by the American Institute of Certified Public Accountants (AICPA), are designed to assess how organizations manage customer data based on five “Trust Service Criteria”: security, availability, processing integrity, confidentiality, and privacy. Recognized globally, a SOC 2 Type II report confirms that an organization’s infrastructure, software, people, policies, and operations have been thoroughly reviewed.
“Congratulations to CISO Global for completing their SOC 2 audit, a widely recognized signal of trust and security,” said Steve Simmons, COO of A-LIGN. “It's great to work with organizations like CISO Global, who understand the value of expertise in driving an efficient audit and the importance of a high-quality final report."
This achievement underscores CISO Global’s ongoing commitment to operational excellence and reassures customers that the proper safeguards are in place to protect sensitive data.
About CISO Global
CISO Global, Inc. (NASDAQ: CISO), headquartered in Scottsdale, Arizona, is an industry leader in AI-powered cybersecurity software, managed cybersecurity, and compliance that delivers comprehensive solutions designed to protect organizations from the latest cyber threats. The company protects the most demanding businesses and government organizations against continuing and emerging security threats and ensures their compliance obligations are being met. For more information about the company, visit ciso.inc.
ABOUT A-LIGN
A-LIGN is the leading provider of high-quality, efficient cybersecurity compliance programs. Combining experienced auditors and audit management technology, A-LIGN provides the widest breadth and depth of services including SOC 2, ISO 27001, HITRUST, FedRAMP, and PCI. A-LIGN is the number one issuer of SOC 2 and a leading HITRUST and FedRAMP assessor. To learn more, visit a-lign.com.
Safe Harbor Statement
This news release contains certain statements that may be deemed to be forward-looking statements under federal securities laws, and we intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements include, among others, our belief that we are an industry leader in AI-powered security software, managed cybersecurity, and compliance; our belief in our successful completion of our SOC 2 Type II examination; our belief that this audit validates that our data privacy practices and security controls meet the highest standards in our industry; our belief that the audit reflects our commitment to security, trust, and operational excellence; our belief in our strong internal processes which reinforce the confidence placed by our clients; our ongoing commitment to operational excellence; and our belief that we provide comprehensive cybersecurity solutions to our clients. These statements are often, but not always, made through the use of words or phrases such as "believes," "expects," "anticipates," "intends," "estimates," “predict,” "plan," “project,” “continuing,” “ongoing,” “potential,” “opportunity,” "will," "may," "look forward," "intend," "guidance," "future" or similar words or phrases. These statements reflect our current views, expectations, and beliefs concerning future events and are subject to substantial risks, uncertainties, and other factors that could cause actual results to differ materially from those reflected by such forward-looking statements. These risks may be detailed from time to time in the reports filed with the Securities and Exchange Commission, including the Annual Report on Form 10-K for the fiscal year ended December 31, 2024. You should not place undue reliance on any forward-looking statements, which speak only as of the date they are made. Except as required by law, we assume no obligation and do not intend to update any forward-looking statements, whether as a result of new information, future developments, or otherwise.
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Hilary Meyers
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