Skip to main content

SideChannel Inc. (SDCH) Bolstering Cybersecurity for Multiple Sectors, Including Hard-Hit Healthcare Industry

  • The healthcare industry has been termed “the most heavily targeted industry for ransomware attacks,” with serious cases increasing from 43 in 2016 to 91 in 2021
  • According to Sophos, cybersecurity attacks in this industry attracted remediation costs of about $1.85 million in 2021, up from $1.27 million in 2020, with the most common disruptions including downtime, cancellations of scheduled care, and ambulance diversions
  • SideChannel recognizes this issue, and through its team of vCISOs it offers top-tier cybersecurity programs specific to the healthcare sector, ultimately allowing parties to protect their data and assets while ensuring the smooth running of daily operations
  • With the growing cases of data breaches worldwide, SideChannel sees a spike in demand for its products and services, and is taking advantage of the growing cybersecurity market, estimated to hit $266.2 billion by 2027

SideChannel (OTCQB: SDCH), a company on a mission to make cybersecurity simple and accessible, is constantly evolving its products and services in response to the rapidly changing cybersecurity environment. This has seen its service offerings expand into a range of industries, including biotech, manufacturing, legal, defense, fintech and others. In particular, healthcare is a sector currently seeing a spike in cybersecurity attacks, and SideChannel is committed to addressing this issue.

A study published by the Journal of the American Medical Association (“JAMA”) in 2022 noted that between 2016 and 2021, the annual number of ransomware attacks more than doubled, from 43 to 91. The report also noted that 44.4% of the cohort disrupted healthcare delivery, with 8.6% leading to…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to SDCH are available in the company’s newsroom at https://ibn.fm/SDCH

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.investorwire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
Editor@InvestorWire.com

InvestorWire is part of the InvestorBrandNetwork.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.