CynergisTek Announces Cybersecurity Expansion Agreement Across Nationally Recognized University System
08 Décembre 2020 - 5:30PM
Business Wire
A commitment of partnership through newly signed Master Service
Agreement (MSA) to diversify service offering beyond existing
relationship with all operating units of the system
CynergisTek, (NYSE AMERICAN: CTEK), a leading cybersecurity firm
helping organizations in highly regulated industries navigate
emerging security and privacy issues, today announced that a state
university system has signed a Master Service Agreement (MSA)
authorizing CynergisTek to offer its entire suite of high-value
services to the university’s diverse infrastructure, including
numerous campuses, multiple academic medical centers, several
laboratories, and other support locations. Besides this newly
signed MSA, additional contracts were signed including a multi-year
six-figure vendor security managed services renewal for one of the
system’s academic medical centers and a consulting services
contract with a department in the system that has not been
supported in the past.
Under the MSA, the entire university system has the ability to
leverage the expertise CynergisTek currently delivers to multiple
entities in the system, including its complete portfolio of managed
services.
CynergisTek’s long-standing relationship with the university
began by helping the academic medical centers safeguard PHI and
PII. The extension of the agreement comes at a time when the
system, serving over half a million students and employees and
their data, has identified the need to make security and privacy a
priority as threat actors are focused on capturing financial
information (51%) and employee information (48%) over patient
records (34%), as outlined in a recent 2020 HIMSS report.
“We are honored to expand our relationship with this prestigious
institution at a pivotal moment when the covid-19 pandemic has
changed university operations including a quick shift to contact
tracing, remote work, and digital learning, greatly increasing the
threat landscape. The MSA is a testament to the strong
relationships we have fostered with our clients and draws from the
unique expertise both CynergisTek and our subsidiary Backbone
Consultants can offer to our clients to bolster their security and
privacy programs helping to prevent attacks and breaches,” says
Caleb Barlow, CEO and president at CynergisTek. Mr. Barlow goes on
to say, “This allows us the opportunity to drive growth inside and
outside of healthcare, supporting the company’s strategy to
diversify and build upon the demand into adjacent markets such as
our recent Ball State University contract announcement.”
About CynergisTek, Inc.
CynergisTek is a top-ranked cybersecurity firm dedicated to
serving the information assurance needs of the healthcare industry.
CynergisTek offers specialized services and solutions to help
organizations achieve privacy, security, and compliance goals.
Since 2004, the company has served as a partner to hundreds of
healthcare organizations and is dedicated to supporting and
educating the industry by contributing to relevant industry
associations. The company has been recognized by KLAS as a top
performing firm in healthcare cybersecurity and was awarded the
2019 Top Healthcare Cybersecurity Consultants in Black Book IT
Advisory Outcomes Survey.
Forward-Looking Statements
This release contains certain forward-looking statements
relating to the business of CynergisTek that can be identified by
the use of forward-looking terminology such as “believes,”
“expects,” “anticipates,” “may” or similar expressions. Such
forward-looking statements involve known and unknown risks and
uncertainties, including uncertainties relating to product/service
development, long and uncertain sales cycles, the ability to obtain
or maintain patent or other proprietary intellectual property
protection, market acceptance, future capital requirements,
competition from other providers, the ability of our vendors to
continue supplying the company with equipment, parts, supplies and
services at comparable terms and prices and other factors that may
cause actual results to be materially different from those
described herein as anticipated, believed, estimated or expected.
Certain of these risks and uncertainties are or will be described
in greater detail in our Form 10-K and Form 10-Q filings with the
Securities and Exchange Commission, which are available at
http://www.sec.gov. CynergisTek is under no obligation (and
expressly disclaims any such obligation) to update or alter its
forward-looking statements whether as a result of new information,
future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20201208005866/en/
Investor Relations Contact: CynergisTek, Inc. Paul
Anthony InvestorRelations@cynergistek.com
Media Contact: Allison + Partners Jaime Tero 415-755-8639
jaime.tero@allisonpr.com
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