- Brian Haugli, with extensive experience in the field of cybersecurity, having led key programs for the Department of Defense, the Pentagon, and Fortune 500 companies, discusses the growing cybersecurity needs of small business, and the new technologies that now make such security far more accessible and affordable
- SMBs face, on average, 11 cyberthreats a day, with over 70% of SMBs facing cyberattacks, and 60% being put of business within six months after an attack
- SideChannel vCISOs (Virtual Chief Information Security Officers) make the highest quality cybersecurity expertise available for significantly less than the cost of a full-time CISO, representing 400-plus years of experience in cybersecurity and a bespoke cybersecurity program perfectly sized for growing enterprises
The cybersecurity market revenue is projected to reach over $156 billion in 2022, driven by the increased need for solutions that protect companies from threats of malware, ransomware, and vulnerabilities that let malicious characters infiltrate critical systems. This revenue is expected to grow at a CAGR of 10.92%, resulting in a value of over $262 billion by 2027 (https://ibn.fm/wE6KB). On the Cloud Security Reinvented with Andy Ellis podcast (https://ibn.fm/KV6vv), Ellis talks with Brian Haugli, managing partner and CEO at SideChannel (OTCQB: SDCH). In the episode titled “How to Let Go of the ‘Gotcha’ Mentality in Security with Brian Haugli,” Haugli and Ellis discuss the necessity for cybersecurity and how small-to-mid-market companies are in need of solutions to accommodate the increased threats to technological systems.
According to Haugli, there are hundreds of thousands of companies, outside the Fortune 2000, that require diligence on what their security program looks like, and the question is always who can lead such an assessment and whether they can afford it. “The market is actually very hot when it comes 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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