CISO Global (CISO, Financial) has significantly increased the financial assurance limit for its CHECKLIGHT product. The coverage per incident has grown to $1 million, with an annual ceiling of $1.5 million for each customer contract. This expansion represents a fourfold rise from the previous $250,000 limit, offered at no extra cost to clients. This increase aims to attract larger organizations by enhancing financial protection in conjunction with cybersecurity solutions, expanding CHECKLIGHT’s market potential to an estimated $11 billion.
In collaboration with Cyber Assurance Group Incorporated, CISO Global plans to launch CyberSimple, powered by CHECKLIGHT, through a broad referral network. This network includes 17 insurance agencies and aims to provide better value and easily accessible financial protection for small to medium-sized businesses (SMBs).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for CISO Global Inc (CISO, Financial) is $1.00 with a high estimate of $1.00 and a low estimate of $1.00. The average target implies an downside of 13.04% from the current price of $1.15. More detailed estimate data can be found on the CISO Global Inc (CISO) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, CISO Global Inc's (CISO, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for CISO Global Inc (CISO, Financial) in one year is $1.27, suggesting a upside of 10.43% from the current price of $1.15. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the CISO Global Inc (CISO) Summary page.
