SideChannel Inc. (SDCH) Bridging Serious Expertise Gaps by Providing Proven and Affordable Cybersecurity Support

March 27, 2023 08:50:00
  • SideChannel is focused on providing top-tier security guidance services at manageable cost through its team of expert vCISOs and vCPOs
  • The company’s experts provide clients with risk assessments that ensure cybersecurity compliance and guide them in the development of effective cybersecurity programs
  • Most corporate board members and top managers do not have cyber-related expertise, yet they are required to oversee and address their company’s cyber risks
  • To bridge the information gap, boards and management need the guidance of security experts such as CISOs
  • Through its team of vCISOs, SideChannel is providing affordable cybersecurity-oriented services that meet the critical needs of company management and boards

A large proportion of company board members, as well as managers, are not cyber experts, yet they are mandated to understand and make strategic decisions regarding cyber risk and solutions. In particular, various studies have revealed low confidence levels in the ability of boardroom directors to fully be aware of a company’s cybersecurity vulnerabilities. For instance, a 2022 PwC study noted that only 33% of directors feel their board truly understands the company’s cybersecurity vulnerabilities (https://ibn.fm/C59KD). Similarly, a recent WSJ Pro Cybersecurity Research report found that only 30% of directors rate their board’s ability to oversee a cyber crisis highly (https://ibn.fm/knIH0).

Boards, together with high level management, can nevertheless improve their abilities to recognize and address cyber risks. To achieve this, board members need access to security expertise, along with robust information and reporting, and active engagement with…

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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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