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CISO Global Expands $1M Cyber Warranty: Biggest SMB Coverage Yet

Posted on May 29, 2025May 29, 2025 By Martin Hinton No Comments on CISO Global Expands $1M Cyber Warranty: Biggest SMB Coverage Yet
Expanded Warranty Boosts Cyber Protection Capabilities

CISO Global (NASDAQ: CISO) has increased the financial protection offered through its CHECKLIGHT® software. The warranty now covers up to $1 million per incident, with a $1.5 million annual cap per customer. This marks a fourfold increase from the prior $250,000 cap. The expansion, announced on May 29, 2025, will incur no additional costs for existing clients. The company aims to broaden its reach to organizations seeking higher financial assurance in cybersecurity.

New Market Access and Delivery via Insurance Network

This enhanced offering positions CHECKLIGHT to address an estimated $11 billion cybersecurity market. According to CISO Global, the new warranty terms align with the needs of larger organizations previously underserved by current offerings.

CISO Global is working with Cyber Assurance Group (CAGI) to launch CyberSimple™, a bundled cybersecurity and warranty service. It will roll out through a network of 17 insurance agencies.

Dave Bechtel, a co-founder of CAGI, emphasized the benefit to small businesses, “CyberSimple™ brings together CISO Global’s cutting-edge cybersecurity service with substantial financial protection in one bundle. Enrollment couldn’t be easier.”

Hegedus Highlights Practical Impact

Rob Hegedus, Program Director at CISO Global, explained the significance, “For nearly five years, CHECKLIGHT® has consistently delivered measurable reductions in cyber-related losses across a wide spectrum of businesses,” he said.

He added, “By expanding the warranty coverage at no extra cost, we are not only enhancing the value proposition for existing clients but also opening new doors to previously underserved market segments that require stronger financial guarantees.”

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Implications for Small and Mid-Sized Businesses

The upgrade provides small and mid-sized businesses with access to financial protections typically reserved for enterprise-level clients. There are no sublimits in the $1 million-per-incident coverage, making this particularly valuable to companies with limited risk budgets.

Integration with Over 600 Clients and Partners

Over 600 security clients already use CHECKLIGHT. The new terms will be integrated across the client base and partner offerings, including CAGI’s insurance referral network.

Summary

CISO Global’s move responds to increasing cybersecurity threats and demand for risk-backed assurance. By offering the expanded warranty at no additional cost, the firm is positioning itself as a more attractive provider to small and mid-market businesses.

Related News: Trusted Internet, LLC Introduces Cybersecurity Warranty and Insurance Options(Opens in a new browser tab)

Martin Hinton

Martin Hinton is the Executive Editor and Publisher of Cyber Insurance News and Information. With over three decades of journalism experience across six continents, his work encompasses investigative reporting, documentaries, and coverage of cultural, political, and business news. To learn more about his career, click on his name to visit his LinkedIn page.

Cyber Insurance, Cyber Insurance for SMEs/SMBs, Cybersecurity for SMBs Tags:AI-powered security, CHECKLIGHT, CISO Global, Cyber Assurance Group, cyber insurance, cyber liability insurance, cybersecurity warranty, CyberSimple, financial protection, managed cybersecurity, SMB cybersecurity

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In this clip from our latest podcast episode, Dan Candee, CEO of Cork Protection, dives into a critical topic that hits close to home: Cybersecurity for Main Street businesses.

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SMB Cyber Threats - In this episode of the Cyber Insurance News Podcast, host Martin Hinton talks with Dan Candee, CEO of Cork Protection, about the rising tide of cyber threats targeting small and mid-sized businesses (SMBs). Dan shares his journey from Main Street entrepreneur to cybersecurity leader, offering real-world insight into the threat landscape, financial vulnerabilities, and how AI and managed service providers (MSPs) can help fortify business resilience.

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00:00 Introduction - Dan Candee and Cork Protection
02:27 The Importance of Cybersecurity for Small Businesses
05:29 Understanding Cyber Threats and Their Impact
08:26 The Role of Managed Service Providers in Cybersecurity
11:24 24Financial Protection and Cyber Insurance Solutions
14:01 Leveraging AI in Cybersecurity
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19:56 Empowering Small Businesses with Knowledge
21:52 The Future of Cybersecurity and Community Resilience
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29:05 Finals Thoughts and a bit of Hope!
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Cyberattack on Small Business: How AI Supercharges Cyber Threats | William Altman @CyberCube"
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