Financial News
SideChannel Inc. (SDCH) Is ‘One to Watch’
- SideChannel recently released Enclave, its first software product
- The company acquired SideChannel in July 2022 and changed its name post-acquisition
- An industry benchmark study puts average CISO compensation at $463,000 annually, making SideChannel’s vCISO model attractive to its SMB target market
- According to IBM, the average cost to organizations of a cybersecurity breach is $4.2 million
- Cybersecurity Ventures reports a lack of trained professionals will leave 3.5 million cybersecurity positions unfilled by 2025, increasing demand for virtual security services
SideChannel (OTCQB: SDCH) simplifies cybersecurity for mid-market companies by matching them with highly experienced information security officers at a cost lower than building an in-house information security team or hiring a full-time CISO.
SideChannel’s team of virtual Chief Information Security Officers (“vCISOs”) possesses a combined 400-plus years of experience in cybersecurity. They’ve honed their skills and abilities in places like Anthem, Dick’s Sporting Goods, Best Buy, TD Bank and the Pentagon. SideChannel lends this talent to…
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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