- SideChannel is a company focused on making cybersecurity simple and accessible based on the belief that all companies, including small and mid-sized businesses, deserve top-tier security guidance
- Currently, companies are facing the potential of stiffer economic times, demanding more cost-effective solutions to maintain and grow operations
- In these uncertain times, SideChannel offers a significant cost advantage as it provides top-tier security guidance at a manageable cost
In response to tighter budgets, companies have been focused on reducing expenses, streamlining operations, managing cash flows, and building cash reserves, among other interventions. At the same time, companies are recognizing the growing importance of cybersecurity. A November 2022 Global Tech Investment Predictions Report published by IBM and Morning Consult ranks cybersecurity solutions as the second top technology companies plan to invest in over the next two years, after 5G. The report further lists cyber risks as the leading factor driving investments in technology in organizations (https://ibn.fm/sMTnN). Furthermore, separate predictions expect the rising cybersecurity threats and risks to continue into 2023 and beyond (https://ibn.fm/nvHfO), crystallizing the decision by companies to pursue the above investments.
The need to control costs is forcing companies to prioritize less expensive services over costlier products (https://ibn.fm/P61Hn). Coupled with the growing demand for cybersecurity, companies are aggressively seeking the most cost-effective solutions to keep their operations safe. The situation works to the advantage of SideChannel (OTCQB: SDCH), a company on a mission to make cybersecurity accessible and affordable.
SideChannel was founded with the belief that all companies – small and mid-sized businesses (“SMBs”) as well as large corporations – deserve top-tier security guidance at a manageable cost. Even large corporations, with greater revenue and bigger budgets, are looking for cost-saving measures. At the other end of the spectrum, SMBs face special challenges to maintain operations and growth. In both cases, SideChannel offers a significant cost advantage over its peers.
SideChannel’s mandate is simple: it matches companies with an expert virtual Chief Information Security Officer (“vCISO”). These vCISOs have decades of private and public sector experience solving critical problems for both large companies and SMBs. The vCISO creates a strategic vision, allocates resources, and creates protocols to maintain an appropriately sized and effective security program. The experienced vCISO experts also assess organizations’ respective cyber risks and align the security initiatives to the organizations’ goals. Additionally, they create resilient and cost-effective cyber programs that meet the prevailing policies and standards, thus ensuring cybersecurity compliance.
SideChannel also provides additional risk management services, offering Enclave, a network micro-segmentation software, and RealCISO, an intuitive software platform that allows companies to take free risk assessment as well as easily manage and understand cyber risk.
For more information, visit the company’s website at www.SideChannel.com.
NOTE TO INVESTORS: The latest news and updates relating to SDCH are available in the company’s newsroom at https://ibn.fm/SDCH
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