SideChannel Inc. (SDCH) Simplifies Cybersecurity by Matching SMBs with Virtual Chief Information Security Officers to Reduce Internal Costs

  • Cyberattacks on SMBs have increased due to the changing network landscape due to the increase in remote and in-office workers relying on cloud environments, mobile devices, software applications, and thir,.d-party suppliers to conduct business
  • SideChannel announced its preliminary revenue of $4.6 to $4.8 million for the fiscal year that ended September 30, 2022 – a 64% to 71% year-over-year increase from the company’s revenue of $2.8 million during the fiscal year 2021
  • SideChannel continues to expand its service offerings, workforce, and customer base and has attracted over 20 vCISOs to serve across industries, including fintech, biotech, healthcare, manufacturing, legal defense, and technology services

Cybersecurity protects networks, information, and personal data from being vulnerable to cyberattacks. According to ReportLinker, the global cybersecurity market was valued at $150.37 billion in 2021 and is expected to reach a value of $312.02 billion by 2027, growing at a CAGR of 13.37%. The trends driving growth in this market include BYOD, AI, IoT, and machine learning; coupled with the significant reduction in device costs, increasing the number of connected network devices is driving the growth of the market. The emergence of 5G is also expected to expedite the use of connected devices in the industry, pushing toward industrial revolution 4.0 (

Reports have shown that cyberattacks on SMBs (small and mid-sized businesses) have increased due to the changing network landscape, with remote and in-office workers increasingly relying on cloud environments, mobile devices, software applications, and third-party suppliers to conduct…

Read More>>

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

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

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

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office

InvestorWire is part of the InvestorBrandNetwork.

Data & News supplied by
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.