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SideChannel Inc. (SDCH) Helps Safeguard Vital Company Data Through vCISO Contracts That Offer Affordable Alternative to In-house Staffing, Critical for Cannabis and other SMB Operations

  • Cannabis companies are regarded as being particularly vulnerable to cyberattacks, including potential ransomware incidents, because of their high cash-flow operations and their small business status, heightened by remote work due to Covid
  • Cybersecurity services and technology provider SideChannel serves the needs of emerging businesses that may be hard-pressed to hire a full-time cybersecurity expert and need an affordable alternative
  • SideChannel provides virtual chief information security officer (“vCISO”) services on a contract basis, drawing on a collective 450 years of experience

When the COVID-19 pandemic caused a wide array of industries to shut down their operations and then reopen with heightened emphasis on remote work, it created a generous opportunity for cyber criminals to exploit the increased business dependence on the Internet for core functions.

Chainalysis, a company that tracks digital transactions on the blockchain, reported ransomware payments from victims surged by 311 percent between 2019 and 2020 to reach nearly $350 million, for example. Ransomware is a cyberattack in which a target’s computer files are accessed and then…

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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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