WORCESTER, MA / ACCESSWIRE / March 28, 2023 / SideChannel (OTCQB:SDCH), a provider of cybersecurity services, and Darkbeam, a leading provider of cyber risk and threat management capabilities, today announced a strategic partnership that enables:
- Businesses to build intelligence-led cyber risk management programs covering their own operations and those of their entire supply chain.
- Advisories to inform clients on cyber risk management during mergers and acquisitions processes.
- Insurance underwriters to better understand their exposure to clients' cyber risks.
The partnership combines SideChannel's extensive cybersecurity expertise with Darkbeam's advanced Cyber Risk Management platform to make intelligence-driven cyber risk management accessible to more businesses than ever before.
Clients of SideChannel's Virtual CISO (chief information security officer) and Cyber Risk Assessment offerings can benefit from Darkbeam's automated Vulnerability Assessments - which cover all internal properties and the entire supply chain - and its extensive dark web monitoring capabilities. Combined, these enable comprehensive, effective cyber risk management and reduction.
Brian Haugli, SideChannel's CEO, said, "Any CISO will tell you cyber threat intelligence and cyber vulnerability intelligence are critical to building an effective cybersecurity program. Partnering with Darkbeam enables us to deliver even more value to our clients, ensuring them access to the most advanced tools to assess their risk exposure, predict future vulnerabilities and respond to emerging threats - all of which are capabilities necessary to inform a comprehensive cyber risk management program. "
Charles Clark, CEO of Darkbeam, shared his enthusiasm for the partnership, saying, "We are delighted to couple our powerful Cyber Risk Management platform with SideChannel's significant leadership expertise and toolset, making highly effective cyber governance and risk reduction accessible to even more businesses. By joining forces, we can provide a comprehensive solution that empowers organizations to proactively manage cyber risks and safeguard their operations, which means our clients can spend less energy worrying about defending themselves and more energy delivering the things that make them great."
By integrating Darkbeam's innovative platform with SideChannel's seasoned expertise, clients of both companies can enhance their cyber resilience, ensure compliance with regulatory requirements and protect their reputations.
SideChannel is committed to creating top-tier cybersecurity programs for mid-market companies to help them protect their assets. SideChannel employs what it believes to be skilled and experienced talent to harden these companies' defenses against cybercrime in its many forms. SideChannel's team of C-suite-level information security officers possesses a combined experience of over 400 years in the industry. To date, SideChannel has created more than 50 multilayered cybersecurity programs for its clients. Learn more at sidechannel.com.
Interested investors and shareholders are encouraged to sign up for press releases and industry updates by registering for email alerts at https://investors.sidechannel.com/alerts and by following SideChannel on Twitter and LinkedIn.
Darkbeam is a London-based cyber vulnerability and threat management capability provider. Its platform enables clients to identify unwanted digital vulnerabilities and find suppliers who are potentially at risk of a cyberattack whilst monitoring the dark web for real-world incidents impacting internal operations and critical suppliers. Together, this provides a strong foundation for cyber risk governance in an efficient manner with a focus on forward-looking risk prevention, which helps protect clients from the reputational, financial and operational impacts of cyber incidents in the supply chain.
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This press release may contain forward-looking statements, including information about management's view of SideChannel's future expectations, plans and prospects, subject to the safe harbor provisions under The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "believes," "hopes," "expects," "intends," "plans," "anticipates" or "may" and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act and otherwise. Any statements made in this news release, other than those of historical fact, about an action, event or development are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of SideChannel to be materially different than those expressed or implied in such statements. These risk factors include, but are not limited to, our ability to integrate the operations of the acquired company into our company; that we have incurred net losses since inception; our need for additional funding; the substantial doubt about our ability to continue as a going concern; the terms of any future funding we raise; that COVID-19 has materially adversely affected our operations and may continue to have a material adverse impact on our operating results in the future; our dependence on current management and our ability to attract and retain qualified employees; competition for our products; our ability to develop new products, improve current products and innovate; unpredictability in our operating results; our ability to retain existing licensees and add new licensees; our ability to manage our growth; our ability to protect our intellectual property (IP), enforce our IP rights and defend against claims that we infringed on the IP of others; and other risk factors included from time to time in documents we file with the Securities and Exchange Commission, including, but not limited to, our Forms 10-K, 10-Q and 8-K. These reports are available at www.sec.gov. Other unknown or unpredictable factors also could have material adverse effects on SideChannel's future results. Further, factors that we do not presently deem material as of the date of this release may become material in the future. The forward-looking statements included in this press release are made only as of the date hereof. SideChannel cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, SideChannel undertakes no obligation to update these forward-looking statements after the date of this release, except as required by law, nor any obligation to update or correct information prepared by third parties.
SOURCE: SideChannel, Inc.
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