CISO Global (NASDAQ: CISO) Fights AI-Driven Cybercrime Surge
For cybersecurity leaders, enterprise IT teams, and investors — this New to The Street interview features David Jemmett, CEO and founder of CISO Global (NASDAQ: CISO), delivering a blunt assessment of the escalating global cyber threat landscape and how his company is responding with AI-powered defense, unified security services, and strategic capital support.
Jemmett explains how modern organizations — especially hospitals and Fortune 500 companies — are drowning in fragmented cybersecurity stacks, often relying on 60+ vendors. CISO Global consolidates MDR, penetration testing, remediation, SOC monitoring, and AI-driven anomaly detection under one integrated platform.
The stakes have never been higher: cybercrime caused $10.5 trillion in global damage last year, with nation-state actors from China, Russia, and Iran actively infiltrating U.S. infrastructure. AI is accelerating attacks, enabling hackers to generate new malware variants at unprecedented speed.
CISO Global also strengthened its balance sheet with a $15 million investment from B. Riley, structured at 105{d450b60efc35a2e17361b5d57bc194208ff1ac62c46bd45a026f4271e6a4dcc4} of market and usable only at the company’s discretion — a rare vote of confidence from its longtime banking partner.
To combat the industry-wide talent shortage — 4 million unfilled cybersecurity jobs worldwide — CISO partners even with competitors (“frenemies”) to coordinate incident response when minutes, not hours, determine whether attackers exfiltrate data. Jemmett warns that cybercrime now represents the third-largest GDP on Earth, behind only the U.S. and China.
From nation-state infiltration to AI-powered malware, CISO Global is focused on proactive defense, 24/7 monitoring, and helping enterprises stay ahead of increasingly sophisticated cyber adversaries.
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