Pension Benefit Guaranty Corporation Renews Comprehensive Risk Management Services Contract with CISO Global

SCOTTSDALE, Ariz., Nov. 29, 2023 (GLOBE NEWSWIRE) -- The Pension Benefit Guaranty Corporation (PBGC), a federal agency tasked with protecting the retirement security of more than 33 million Americans in single-employer and multiemployer pension plans, has renewed its PBGC Office of Benefits Administration (OBA) Information Systems Security Risk Management Services contract with leading managed cybersecurity and compliance provider (NASDAQCM: CISO) wholly owned subsidiary .

CISO Global’s subsidiary TalaTek will continue to support the management and oversight of OBA’s compliance and security requirements and its continuous monitoring program that is used to safeguard and protect PBGC’s critical systems and data.

“As a long-time PBGC partner, we look forward to continuing to help the agency protect its mission-critical operations and strengthen its data security,” said Baan Alsinawi, managing director of Strategy & Risk, CISO Global, and founder of TalaTek. “In today’s cyber risk environment, it is imperative that federal agencies continuously assess their enterprise environments based on a holistic approach to risk management. We will continue to deliver best-in-class solutions enabled by our team of experts.”

CISO Global will use its FedRAMP-accredited Governance, Risk and Compliance (GRC) Software as a Service, , to deliver its services. TiGRIS is designed to automate and simplify the GRC process by translating compliance data into intuitive, quantitative risk metrics. This helps PBGC gain both visibility and control to make risk-based decisions prioritized with effective migration strategies across its organization.

About TalaTek

TalaTek, a wholly owned subsidiary of CISO Global, delivers governance, risk and compliance solutions with a focus on people, processes and technology. By defining governance through risk and compliance goals that are tied to business outcomes, the cybersecurity firm provides a secure foundation to strategically protect an organization’s data and meet ever-expanding regulatory compliance and audit requirements. Through TiGRIS, a FedRAMP-authorized software as a service, TalaTek simplifies GRC for business and government. Visit  for more information, and follow the company on and .

About CISO Global

CISO Global (NASDAQCM: CISO), based in Scottsdale, Arizona, is an industry leader as a managed cybersecurity and compliance provider. The company is rapidly expanding by acquiring world-class cybersecurity, secured managed services and compliance companies with top-tier talent that utilize the latest technology to create innovative solutions to protect the most demanding businesses and government organizations against continuing and emerging security threats and compliance obligations. For more information about the company, visit us on , or at .

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 the Pension Benefit Guaranty Corporation (PBGC) has renewed its Office of Benefits Administration’s security risk management services contract with TalaTek, a wholly owned subsidiary of CISO Global; our belief that TalaTek continues to support the management and oversight of OBA’s compliance and security requirements with regard to PBGC’s critical systems and data; our belief that federal agencies should continuously assess their enterprise environments based on a holistic approach to risk management; our belief that TalaTek and CISO Global deliver best-in-class solutions to our clients enabled by a team of experts; our belief that TiGRIS is a FedRamp-accredited GRC software platform and is designed to automate and simplify the GRC process by translating compliance data into intuitive, quantitative risk metrics; our belief that TiGRIS helps PBGC gains visibility and control to make risk-based decisions prioritized with effective migration strategies across its organization; and our belief in our commitment to helping the industry accelerate its ongoing push to enhance the effectiveness of cybersecurity. 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. Such factors include, among others, risks related to our ability to raise capital; our ability to increase revenue and cash flow and become profitable; our ability to recruit and retain key talent; our ability to identify and consummate acquisitions; our ability to acquire, attract, and retain clients; and other risks 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, 2022. 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.

Janet Brumfield

IdealPR+ for CISO Global

614-582-9636

#####