NetworkNewsBreaks – SideChannel Inc. (SDCH) Targ
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Posted On: 06/09/2023 5:05:53 PM
NetworkNewsBreaks – SideChannel Inc. (SDCH) Targeting Largely Underserved Market with Affordable Services, Much-Needed Expertise
SideChannel (OTCQB: SDCH), a company focused on making cybersecurity simple and accessible, is keen on stopping cyberattacks by helping organizations maintain a strong cybersecurity posture and program. “The company achieves this by matching each client organization with an expert virtual Chief Information Security Officer (‘vCISO’). Leveraging over 400 years of combined enterprise experience in cybersecurity and risk management, the vCISOs help organizations with developing and managing the implementation of an information security program,” a recent article reads. “SideChannel mainly targets small and medium-sized enterprises (‘SMEs’), which have traditionally faced challenges when it comes to limited budgets and hiring skilled cybersecurity professionals. This market has also been largely underserved compared with the larger enterprise segment, according to a McKinsey report. This is despite the fact that the global cybersecurity sales from the SME market category had been growing at an 8% annual rate until 2021, generating more than $40 billion. Furthermore, the report projected that this figure would exceed $50 billion over the subsequent five years. That, McKinsey reckons, is a missed opportunity hiding in the open, especially given that SMEs are as susceptible to cybersecurity issues and future attacks as larger enterprises. But SideChannel is keen on seizing this opportunity by providing not only affordable services but also much-needed expertise.”
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
SideChannel (OTCQB: SDCH), a company focused on making cybersecurity simple and accessible, is keen on stopping cyberattacks by helping organizations maintain a strong cybersecurity posture and program. “The company achieves this by matching each client organization with an expert virtual Chief Information Security Officer (‘vCISO’). Leveraging over 400 years of combined enterprise experience in cybersecurity and risk management, the vCISOs help organizations with developing and managing the implementation of an information security program,” a recent article reads. “SideChannel mainly targets small and medium-sized enterprises (‘SMEs’), which have traditionally faced challenges when it comes to limited budgets and hiring skilled cybersecurity professionals. This market has also been largely underserved compared with the larger enterprise segment, according to a McKinsey report. This is despite the fact that the global cybersecurity sales from the SME market category had been growing at an 8% annual rate until 2021, generating more than $40 billion. Furthermore, the report projected that this figure would exceed $50 billion over the subsequent five years. That, McKinsey reckons, is a missed opportunity hiding in the open, especially given that SMEs are as susceptible to cybersecurity issues and future attacks as larger enterprises. But SideChannel is keen on seizing this opportunity by providing not only affordable services but also much-needed expertise.”
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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