High Wire Networks’ Overwatch Cybersecurity Unit Anticipates Surge in Cyberwarfare Amid Tariff War Escalation
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.
Mark Porter, Chairman and CEO of High Wire Networks, said:
The cyberwarfare landscape is constantly changing and evolving, with nation-states focused squarely on U.S. businesses of all sizes,
“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.
He said,
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,
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.
Porter continued,
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,”
Cybersecurity remains the top threat to all businesses. In 2024, the average cost of a U.S. data breach reached $9.48 million, the highest globally, according to IBM Security’s Cost of a Data Breach Report. Meanwhile, Verizon’s 2024 Data Breach Investigations Report found that 74% of breaches involved a human element, underscoring the complexity of defending against evolving threats.
Porter, said:
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,
“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 100% U.S.-based 24/7 Security Operations Center (SOC) is based in Chicago and has more than 1,100 customers across its global network.
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