Sign In  |  Register  |  About Santa Clara  |  Contact Us

Santa Clara, CA
September 01, 2020 1:39pm
7-Day Forecast | Traffic
  • Search Hotels in Santa Clara

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

SideChannel Inc. (SDCH) Simplifies Cybersecurity for SMBs, Amid Rise in Cybersecurity Concerns in the Healthcare Industry, Ransomware

  • FinCEN reported 1,489 incidents of ransomware totaling close to $1.2 billion in 2021, a value that has doubled from 2020
  • Key industries experiencing a high need for cybersecurity solutions include fintech, biotech, healthcare, manufacturing, legal defense, and technology services
  • The global healthcare cybersecurity market is expected to reach $57.25 billion by 2030, growing at a CAGR of 16.3% from 2021 to 2030
  • SMBs have experienced an increase in cybersecurity threats due to remote-based work and in-office workers depending on cloud-based solutions, mobile devices, software applications, and third-party suppliers to conduct business
  • SideChannel’s goal is to make cybersecurity simple and accessible, offering a wide range of solutions to identify, evaluate, and tackle risks

In the United States, financial institutions are required to file suspicious activity reports to help the government detect money laundering or other criminal activities – including security breaches. The Financial Crimes Enforcement Network’s (FinCEN) analysis indicates that ransomware continues to pose a significant threat to the United States critical infrastructure sectors, businesses, and the public. In 2021, financial institutions filed 1,489 incidents related to ransomware – nearly $1.2 billion in likely ransomware-related payments, more than double the amount from 2020. According to FinCEN, the amounts within its analysis include extortion amounts, attempted transactions, and payments that were not made (https://ibn.fm/Jz58w).

SideChannel (OTCQB: SDCH) simplifies cybersecurity for mid-market companies. The company’s mission is to make cybersecurity simple and accessible, based on a belief that small and mid-sized organizations (“SMBs”) deserve the expertise of an experienced Chief Information Security Officer (“CISO”) just as…

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.
 
 
Copyright © 2010-2020 SantaClara.com & California Media Partners, LLC. All rights reserved.