NetworkNewsBreaks – SideChannel Inc. (SDCH) CEO
Post# of 91
SideChannel Inc. (OTCQB: SDCH) CEO Brian Haugli was a guest on “Mornings with Maria,” a Fox Business program that features industry titans and economic experts discussing the major news and themes driving the business day and the market moves. Haugli discussed rising concerns that TikTok, an application owned by China-based DanceByte, presents a national security issue. Those concerns have been fueled by GOP leaders calling for the application to be banned and the FBI issuing a statement about the possibility that the Chinese government could use the app to control data collection on millions of users, control the recommendation algorithm or control software on millions of devices. “[TikTok] is an application that runs on your phone, widely popular, but this application has access to things on your phone that you might hold dear,” said SideChannel CEO Brian Haugli during the interview. “Your contacts, your locations, your buying intent, your shopping history, your browser history — everything that you probably want to keep private. That application has access to your phone in a way that could give them access to all of that information. Why it would be considered a national security threat, in my opinion, is that you’re now able to build a profile on every individual who is using that application. You’re able to take that information in aggregate, and in the hands of a foreign national, a foreign party, what could be done, right? . . . We have the opportunity to put pressure on Google and Apple to remove this application from the store. We have the opportunity to build better regulations within the United States and can actually set up infrastructure that could block access to this data or this data leaving our environment. It’s not something that the U.S. has set up today, and it’s something that I think we very much need.”
A provider of cybersecurity services and technology for emerging and middle-market companies, SideChannel also announced that it is partnering with InvestorBrandNetwork (“IBN”) for its corporate communications. IBN is a multifaceted financial news and publishing company for private and public entities. The agreement calls for IBN to leverage its investor-based distribution network of more than 5,000 syndication outlets along with multiple newsletters, social media channels, wire services and blogs to generate greater awareness for SideChannel.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer