An industry leader as a managed cybersecurity and compliance provider, based in Scottsdale, Ariz., CISO Global (CISO), has announced that it has formed vCISO LLC to own and out-license certain intellectual property of the company. The ARGO Security Management Platform will be the first asset moved to the wholly owned subsidiary.

“Over the course of 17 acquisitions, we have brought together some amazing talent that has developed   game-changing security solutions,” said CEO and founder of CISO Global, David Jemmett. “We have been enhancing, testing and deploying these solutions to ensure their efficacy and efficiency.”

ARGO provides a holistic view of a company’s information security program on a single pane of glass. Designed to empower both security professionals and non-technical executives with real-time data to see how vital components of their security program are performing, ARGO has been successfully deployed on customer networks.

“The cybersecurity talent shortage makes it challenging for organizations to build resiliency against cyber threats,” said  President and Chief Information Security Officer of CISO Global, Ashley Devoto. “The products we are bringing to market are designed to enable and differentiate our services so our clients keep pace with the evolving threat landscape. With ARGO, we deliver an always-on cybersecurity platform backed by our experts who work as an extension of client teams.”

CISO expects to move additional intellectual property to vCISO LLC on an ongoing basis.

“The creation of vCISO will allow CISO Global to continue to focus on delivering world class security services while recognizing the value of the intellectual property for our shareholders,” said Jemmett.

SaaS Subsidiary Will Own And Out-License Next Generation Security Software