Redspin Announces it is the First Organization to Pass DoD’s Cybersecurity Maturity Model Certification Level 3 Assessment
09 Juni 2021 - 3:00PM
Business Wire
Redspin, a division of CynergisTek (NYSE AMERICAN: CTEK), is the
first organization to successfully pass the Cybersecurity Maturity
Model Certification (CMMC) Level 3 certification as a Candidate
CMMC Third Party Assessor Organization (C3PAO). Specifically,
Defense Contract Management Agency (DCMA) Defense Industrial Base
Cybersecurity Assessment Center (DIBCAC) determined Redspin’s
security practices and processes met the requirements of CMMC Level
3 and, subsequently, the CMMC Accreditation Body has credentialed
Redspin, as an Authorized C3PAO ready to conduct CMMC
assessments.
The United States Department of Defense (DoD) is aiming to
reduce the estimated $600 billion in cybercrime losses impacting
the nation’s military supply chain every year by requiring a
third-party cyber security assessment of contractors with access to
federal contract information (FCI) and controlled unclassified
information (CUI). With this authorization, Redspin can now work
contractually with Organizations Seeking Certification (OSCs) to
conduct assessments based on CMMC Levels 1-3. In the CMMC model,
Defense Industrial Base (DIB) contractors cannot negotiate on
security – it becomes a mandatory requirement to secure or renew a
DoD contract.
The preparation for this certification is intensive and involves
rigorous documentation, evidence of process maturity, appropriate
resourcing of security controls and organization-wide training.
CMMC’s lofty goal is to ensure that third-party organizations
implement protections against cybersecurity threats to U.S.
national security. It’s likely only the first step in a broader
federal agency push to require more accountability from private
sector vendors in the wake of recent supply chain incidents
including SolarWinds and vulnerabilities in Microsoft Exchange.
“As an organization that has performed more than a thousand
assessments in other highly regulated industries, CMMC has been a
key component of our growth strategy for more than a year. We set
out on a mission, we knew we had the team, but it has been an
all-hands effort to develop the tools and requisite intellectual
property to prepare for CMMC certification. Being first to be
authorized is a testament to the dedication of our people to
deliver on that strategy to improve security of the nation’s supply
chain,” said Caleb Barlow, president and CEO of CynergisTek. “We
have the resources on the ready and the last step was the formal
authorization which we received today. Our executives, consultants,
and provisional assessors are looking forward to working with DIB
suppliers to assess, build and validate their cyber
resiliency.”
About Redspin Redspin (www.redspin.com), a division of
CynergisTek, Inc., is a best-in-class cybersecurity company
providing security testing, assessments, validation, and consulting
services to many Fortune 500 and leading growth companies in highly
regulated industries including government, financial, technology,
and manufacturing. Redspin’s objective is to improve organizations’
cyber readiness and resiliency through a strategic and proven
approach to reduce cyber risks and safeguard sensitive
information.
Cautionary Note Regarding Forward Looking Statements This
release contains certain forward-looking statements relating to the
business of CynergisTek, Inc.. These forward-looking statements are
within the meaning of Section 27A of the Securities Act of 1933, as
amended (the “Securities Act”) and Section 21E of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”) and can be
identified by the use of forward-looking terminology such as
“believes,” “expects,” “anticipates,” “would,” “could,” “intends,”
“may,” “will,” or similar expressions. Such forward-looking
statements involve known and unknown risks and uncertainties,
including but not limited to uncertainties relating to
product/services development; long and uncertain sales cycles; the
ability to obtain or maintain proprietary intellectual property
protection; future capital requirements; competition from other
providers; the ability of the Company’s vendors to continue
supplying the Company with supplies and services at comparable
terms and prices; the Company’s ability to successfully compete and
introduce enhancements and new features that achieve market
acceptance and that keep pace with technological developments; the
Company’s ability to maintain its brand and reputation and retain
or replace its significant customers; cybersecurity risks and risks
of damage and interruptions of information technology systems; the
Company’s ability to retain key members of management and
successfully integrate new executives; the Company’s ability to
complete acquisitions, strategic investments, entry into new lines
of business, divestitures, mergers or other transactions on
acceptable terms, or at all; potential risks and uncertainties
relating to the existing and ultimate impact of COVID-19, including
the geographic spread, the severity of the virus, the duration of
the COVID-19 outbreak, actions that may be taken by governmental
authorities to contain the COVID-19 outbreak or to treat its
impact, and the potential negative impacts of COVID-19 on the
global economy and financial markets, 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 the Company’s Form 10-K and Form 10-Q filings
with the Securities and Exchange Commission, which are available at
http://www.sec.gov. Given the risks and uncertainties, readers
should not place undue reliance on any forward-looking statement
and should recognize that the statements are predictions of future
results which may not occur as anticipated. Many of the risks
listed above have been, and may further be, exacerbated by the
COVID-19 pandemic, including its impact on the healthcare industry.
Actual results could differ materially from those anticipated in
the forward-looking statements and from historical results, due to
the risks and uncertainties described herein, as well as others not
now anticipated. 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/20210609005282/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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