High Wire Networks’ Overwatch Cybersecurity Unit Anticipates Surge in Cyberwarfare Amid Tariff War Escalation
High Wire Networks (OTCQB: HWNI) anticipates significant growth in its Overwatch cybersecurity division amid escalating global tariff tensions, particularly between the U.S. and China. The company expects increased cyber threats and attacks targeting U.S. businesses as a direct result of these trade conflicts.
Key statistics highlight the critical nature of cybersecurity threats:
- U.S. data breaches averaged $9.48 million in costs during 2024, the highest globally according to IBM Security
- 74% of breaches involved a human element per Verizon's 2024 report
- The company's Chicago-based 24/7 Security Operations Center serves over 1,100 customers globally
CEO Mark Porter emphasizes that businesses cannot afford to reduce cybersecurity measures despite economic pressures, suggesting that outsourcing defense to Overwatch provides a cost-effective solution through their shared services model.
High Wire Networks (OTCQB: HWNI) prevede una crescita significativa nella sua divisione di cybersecurity Overwatch, in un contesto di crescenti tensioni tariffarie globali, in particolare tra gli Stati Uniti e la Cina. L'azienda si aspetta un aumento delle minacce e degli attacchi informatici mirati alle imprese statunitensi come diretta conseguenza di questi conflitti commerciali.
Statistiche chiave evidenziano la natura critica delle minacce alla cybersecurity:
- Le violazioni dei dati negli Stati Uniti hanno avuto un costo medio di 9,48 milioni di dollari nel 2024, il più alto a livello globale secondo IBM Security
- Il 74% delle violazioni ha coinvolto un elemento umano secondo il rapporto del 2024 di Verizon
- Il Centro Operativo di Sicurezza 24/7 dell'azienda, con sede a Chicago, serve oltre 1.100 clienti a livello globale
Il CEO Mark Porter sottolinea che le aziende non possono permettersi di ridurre le misure di cybersecurity nonostante le pressioni economiche, suggerendo che esternalizzare la difesa a Overwatch rappresenta una soluzione economica attraverso il loro modello di servizi condivisi.
High Wire Networks (OTCQB: HWNI) anticipa un crecimiento significativo en su división de ciberseguridad Overwatch en medio de las crecientes tensiones arancelarias globales, particularmente entre EE. UU. y China. La empresa espera un aumento de amenazas y ataques cibernéticos dirigidos a empresas estadounidenses como resultado directo de estos conflictos comerciales.
Las estadísticas clave destacan la naturaleza crítica de las amenazas a la ciberseguridad:
- Las violaciones de datos en EE. UU. promediaron 9,48 millones de dólares en costos durante 2024, el más alto a nivel mundial según IBM Security
- El 74% de las violaciones involucraron un elemento humano según el informe de Verizon de 2024
- El Centro de Operaciones de Seguridad 24/7 de la empresa, con sede en Chicago, atiende a más de 1,100 clientes a nivel mundial
El CEO Mark Porter enfatiza que las empresas no pueden permitirse reducir las medidas de ciberseguridad a pesar de las presiones económicas, sugiriendo que externalizar la defensa a Overwatch proporciona una solución rentable a través de su modelo de servicios compartidos.
하이 와이어 네트웍스 (OTCQB: HWNI)는 미국과 중국 간의 글로벌 관세 긴장이 고조됨에 따라 Overwatch 사이버 보안 부문에서 상당한 성장을 예상하고 있습니다. 이 회사는 이러한 무역 갈등의 직접적인 결과로 미국 기업을 목표로 하는 사이버 위협과 공격이 증가할 것으로 예상하고 있습니다.
주요 통계는 사이버 보안 위협의 심각성을 강조합니다:
- 2024년 미국의 데이터 유출 평균 비용은 948만 달러로, IBM Security에 따르면 전 세계에서 가장 높은 수치입니다.
- 2024년 Verizon 보고서에 따르면 유출의 74%가 인적 요소와 관련이 있었습니다.
- 시카고에 본사를 둔 이 회사의 24/7 보안 운영 센터는 전 세계 1,100명 이상의 고객에게 서비스를 제공합니다.
CEO 마크 포터는 경제적 압박에도 불구하고 기업들이 사이버 보안 조치를 줄일 여유가 없다고 강조하며, Overwatch에 방어를 아웃소싱하는 것이 그들의 공유 서비스 모델을 통해 비용 효율적인 솔루션이 될 수 있다고 제안합니다.
High Wire Networks (OTCQB: HWNI) anticipe une croissance significative de sa division de cybersécurité Overwatch dans un contexte de tensions tarifaires mondiales croissantes, notamment entre les États-Unis et la Chine. L'entreprise s'attend à une augmentation des menaces et des attaques informatiques ciblant les entreprises américaines en raison directe de ces conflits commerciaux.
Les statistiques clés soulignent la nature critique des menaces à la cybersécurité :
- Les violations de données aux États-Unis ont coûté en moyenne 9,48 millions de dollars en 2024, le montant le plus élevé au monde selon IBM Security
- 74 % des violations impliquaient un élément humain selon le rapport 2024 de Verizon
- Le Centre d'opérations de sécurité 24/7 de l'entreprise, basé à Chicago, sert plus de 1 100 clients dans le monde entier
Le PDG Mark Porter souligne que les entreprises ne peuvent pas se permettre de réduire les mesures de cybersécurité malgré les pressions économiques, suggérant que l'externalisation de la défense à Overwatch constitue une solution rentable grâce à leur modèle de services partagés.
High Wire Networks (OTCQB: HWNI) erwartet ein signifikantes Wachstum in seiner Overwatch-Cybersicherheitsabteilung angesichts der zunehmenden globalen Zollspannungen, insbesondere zwischen den USA und China. Das Unternehmen rechnet mit einem Anstieg von Cyber-Bedrohungen und Angriffen, die gezielt auf US-Unternehmen abzielen, als direkte Folge dieser Handelskonflikte.
Wichtige Statistiken heben die kritische Natur der Cybersecurity-Bedrohungen hervor:
- Die durchschnittlichen Kosten von Datenverletzungen in den USA beliefen sich im Jahr 2024 auf 9,48 Millionen Dollar, was laut IBM Security weltweit am höchsten ist.
- 74% der Verletzungen beinhalteten ein menschliches Element, so der Bericht von Verizon aus dem Jahr 2024.
- Das in Chicago ansässige 24/7-Sicherheitsoperationszentrum des Unternehmens betreut weltweit über 1.100 Kunden.
CEO Mark Porter betont, dass Unternehmen es sich nicht leisten können, die Cybersicherheitsmaßnahmen trotz wirtschaftlicher Druck zu reduzieren, und schlägt vor, dass die Auslagerung der Verteidigung an Overwatch eine kosteneffektive Lösung durch ihr gemeinsames Dienstleistungsmodell bietet.
- Large customer base of over 1,100 global clients
- Strategic positioning to benefit from increasing cyber threats
- 100% U.S.-based 24/7 Security Operations Center in Chicago
- Potential growth catalyst from escalating international tensions
- Operating in highly competitive cybersecurity market
- Business growth dependent on geopolitical tensions
- Trading on OTCQB market rather than major exchange
BATAVIA, Ill., April 10, 2025 (GLOBE NEWSWIRE) -- High Wire Networks, Inc. (OTCQB: HWNI), a global leader in managed cybersecurity, anticipates that its Overwatch cybersecurity division will see a sharp rise in cyberwarfare activities as global tariff tensions intensify. The Company believes this geopolitical pressure, particularly between the U.S. and China, will drive increased demand for robust, scalable cybersecurity solutions.
“The cyberwarfare landscape is constantly changing and evolving, with nation-states focused squarely on U.S. businesses of all sizes,” said Mark Porter, Chairman and CEO of High Wire Networks. “We expect the pace and avenues of attack to accelerate with the ongoing tariff trade war.”
While High Wire Networks has already anticipated organic growth for 2025, Porter notes that the macro-economic environment may be a catalyst for further upside. “With forecasts and predictions all over the place, when we filter out the noise created by the turmoil and the chaotic market action and look at what is happening with the customers we already protect and defend, and the ones we are talking to about taking over their defense, we see certain trends,” he said.
Cyber threats tied to global conflicts have become a significant concern for U.S. companies. China, in particular, has been identified as a leading actor in cyber espionage and digital disruption. “As you might already know, China is a global sponsor of cyberwarfare. We already see signs that their efforts to attack the U.S. economy will not be limited to the trade war. Strong indications of amped-up cyber-attacks are already being seen, and we expect more to follow,” Porter continued.
Cybersecurity remains the top threat to all businesses. In 2024, the average cost of a U.S. data breach reached
“When you look at some of the more dire short-term predictions of recession and slowing economic growth for U.S. businesses, they can ill afford to drop their defenses,” said Porter. “This may force some to do the same or more, with fewer resources. Outsourcing their defense to Overwatch can not only help businesses accomplish that mission, but a shared services model can be far more effective than going it alone as you eliminate technical and personnel debt and gain the knowledge that can only come from serving thousands of other customers as well.”
High Wire Networks remains poised to deliver critical cybersecurity capabilities for businesses navigating an increasingly hostile digital environment. Its
About High Wire Networks
High Wire Networks, Inc. (OTCQB: HWNI) is a fast-growing, award-winning global provider of managed cybersecurity. Through over 200 channel partners, it delivers trusted managed services for more than 1,100 managed security customers worldwide. End customers include Fortune 500 companies and many of the nation’s largest government agencies. Its U.S.-based 24/7 Network Operations Center and Security Operations Center is located in Chicago, Illinois.
High Wire was ranked by Frost & Sullivan as a Top 15 Managed Security Service Provider in the Americas for 2024. It was also named to CRN’s MSP 500 and Elite 150 lists of the nation’s top IT managed service providers for 2023 and 2024.
Learn more at HighWireNetworks.com. Follow the company on X, view its extensive video series on YouTube or connect on LinkedIn.
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High Wire Networks Contact
Mark Porter
Chief Executive Officer
High Wire Networks
Tel +1 (952) 974-4000
Media Contact
Lori Aleman
Director of Marketing
O: 630-635-8477 | C: 602-920-0902
Email: lori.aleman@highwirenetworks.com
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