Financial News

SideChannel Inc. (SDCH) – Creating Top-Tier Data and Asset Protection Cybersecurity Programs for Small Businesses, including the Crypto Sector

  • SideChannel is on a mission to make cybersecurity simple and accessible, mainly targeting small and mid-sized organizations which often fall victim to hackers given their insufficient budgets to invest in an on-site Chief Information Security Officer (“CISO”)
  • With hacking and ransomware attacks on the rise, crypto operations, as well as other small and mid-sized organizations, are at risk of falling victim, resulting in a disruption and potentially damaging their operations
  • While code audits are still essential, SideChannel’s unique approach to the problem (creating top-tier cybersecurity programs) guarantees both asset and data protection for these enterprises

Within the first three months of 2022, hackers had stolen over $1.3 billion from exchanges, platforms, and private entities, with the victims disproportionately in Decentralized Finance (“DeFi”) and crypto. In 2021, over $3.2 billion worth of cryptocurrency was stolen, and it is projected that the cybersecurity risks to crypto operations will only increase as time progresses (https://ibn.fm/ef8ga).

SideChannel (OTCQB: SDCH), a company on a mission to make cybersecurity simple and accessible, is looking to remedy the situation, mainly by targeting small and mid-sized organizations which often fall victim to hackers given their insufficient budgets to invest in the expertise of an experienced…

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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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