• Recent report notes a significant increase in cyber incidents
• CISO is dedicated to “pulling disparate technologies, teams and vendors together to help clients simplify and accelerate their journey to cyber resilience”
• Cerberus Sentinel works closely with clients to integrate compliance and security into an organization-wide culture of cybersecurity

Considering what the government calls “a growing threat to the nation’s power grid,” the U.S. Department of Energy (“DOE”) will provide $45 million in funding to support next-generation cybersecurity research, development and demonstration projects (https://ibn.fm/GiiZZ). That’s good news for companies, including Cerberus Cyber Sentinel (NASDAQ: CISO), who excel in the space, providing essential protection to core U.S. energy infrastructure.

“The North American Electric Reliability Corp. in July said that reports of cyber incidents — including vulnerabilities, phishing, malware, denial of service and others — ‘increased significantly’ in 2021,” reported a recent Cybersecurity Dive article (https://ibn.fm/KcVhb). “While reliability was maintained, the organization warned that nation-state adversaries and organized cyber criminals have the ability to disrupt critical infrastructure.”

With that in mind, the DOE announced $45 million to “create, accelerate, and test technology that will protect our electric grid from cyber-attacks to seamlessly help deploy clean and cheap energy to Americans,” the statement read. “Cyber threats to American energy systems can shut down critical energy infrastructure and disrupt energy supply, the economy, and the health of American consumers.”

The DOE statement continued: “Combined with the additional grid upgrades funded in the Bipartisan Infrastructure Law and the Inflation Reduction Act, the United States will have an opportunity to build greater cyber defenses into our energy sector. Today’s funding will support up to 15 research, development, and demonstration (“RD&D”) projects that will focus on developing new cybersecurity tools and technologies designed to reduce cyber risks for energy delivery infrastructure.”

An industry leader in cybersecurity and compliance services — the company was named in a TechRounds list of top-10 cybersecurity companies (https://ibn.fm/3lqQa) — Cerberus Sentinel has established a reputation for its integrated approach to reduce noise and bridge common silos that often limit the effectiveness of cybersecurity programs. The company is dedicated to “pulling disparate technologies, teams and vendors together to help its clients enjoy a simpler and more successful journey to cyber resilience. Since 2019, Cerberus Sentinel has worked to rapidly expand by acquiring world-class cybersecurity and compliance businesses with top-tier talent who utilize the latest technology to create innovative protection solutions.”

A firm believer that cybersecurity is a culture rather than a product, Cerberus Sentinel works closely with its clients to integrate compliance and security into an organization-wide culture of cybersecurity. CISO provides a wide range of high-quality offerings, including audit and compliance, security operations center services, security engineering, virtual chief information security officer services, incident response, certified forensics, technical assessments and cybersecurity training.

“In contrast to the majority of cybersecurity firms that specialize in a specific technology or service, Cerberus Sentinel seeks to differentiate itself by remaining technology agnostic, focusing on accumulating highly sought-after subject matter experts,” the company stated. “Cerberus Sentinel believes that bringing together a world-class team of technological experts with multifaceted proficiency in the critical aspects of cybersecurity is key to providing technology agnostic solutions to its clients in a business ecosystem that suffers from a chronic lack of highly skilled professionals.”

Cerberus Sentinel’s goal is to help organizations better leverage their security investments by creating a culture of security, allowing them to quantify, define and capture a return on investment from information technology and cybersecurity spending. The company’s end-to-end, holistic process covers every aspect of clients’ cybersecurity and compliance requirements to promote greater efficiency and strengthen awareness about the integral role of internal team members in an organization’s cybersecurity culture.

For more information, visit the company’s website at www.CerberusSentinel.com.

NOTE TO INVESTORS: The latest news and updates relating to CISO are available in the company’s newsroom at https://ibn.fm/CISO

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