CISO Global brings AI to $50 Billion Insurance Market with Cyber Assurance Group Strategic Partnership to Deliver Innovative Cyber Technology and Insurance Solutions
Scottsdale, AZ, April 17, 2025 (GLOBE NEWSWIRE) — CISO Global (NASDAQ: CISO), a leader in AI-powered cybersecurity software and compliance services, today announced a strategic partnership with Cyber Assurance Group Inc., a forward-thinking cyber insurance specialist, to launch CyberSimple, which provides cyber resilience, financial protection, and peace of mind to business owners. This first-of-its-kind offering brings together cutting-edge cybersecurity protection and meaningful financial coverage designed specifically for the underserved small and medium-sized business (SMB) market.
While large enterprises invest heavily in cybersecurity professionals and complex defense strategies, SMBs often lack the resources to implement adequate protections, leaving them disproportionately exposed to cyber risk. Cyber insurance has the potential to close that gap, but coverage is frequently inaccessible to SMBs due to inadequate defenses or high cost of coverage. CyberSimple solves this disconnect.
At the core of CyberSimple is CHECKLIGHT®, CISO Global’s revolutionary AI-powered endpoint detection and response (EDR) platform. Delivering 24/7/365 protection, CHECKLIGHT® proactively safeguards businesses against zero-day and other advanced cyber threats. CHECKLIGHT® is bundled with embedded cyber financial protection that is simple, affordable, and purpose-built for SMBs.
David Bechtel, Co-Founder of Cyber Assurance Group, said:
The global cyber insurance market is projected to surpass $50 billion by 2030, growing at a 25% CAGR,
“As companies face increasing cyber threats and regulatory pressures, financial protection has become a critical risk transfer tool, especially for small and mid-sized businesses. This growing demand is driving interest in integrated solutions like CyberSimple.”
Kyle Young, Chief Operating Officer of CISO Global, said:
CyberSimple is a breakthrough solution for small and mid-sized businesses that want the protection of a modern cyber defense stack and the reassurance of financial coverage if something goes wrong,
“This partnership offers business owners an efficient way to sleep at night, knowing their networks are protected and their financial risk is mitigated.”
Cyber Assurance Group is also working with CISO Global to develop a portfolio of custom cyber insurance products for enterprise clients that integrate CISO’s proprietary software and services, delivering comprehensive cyber resilience at scale.
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CISO Global brings AI to $50 Billion Insurance Market with Cyber Assurance Group Strategic Partnership to Deliver Innovative Cyber Technology and Insurance Solutions, source
