Prestigious University Signs Six-Figure Contract with CynergisTek
21 Oktober 2021 - 1:00PM
Business Wire
Well established state university system
chooses CynergisTek for a range of cybersecurity services to build
cyber resilience
CynergisTek (NYSE American: CTEK), a leading cybersecurity,
privacy, compliance, and IT audit firm helping organizations in
highly regulated industries navigate emerging security and privacy
issues, announces a one-year six-figure cybersecurity service
agreement with a prestigious state university system to conduct
remediation, security program development, and project management
support.
In the agreement, CynergisTek will offer support and
cybersecurity expertise to the department overseeing and directing
security efforts for the university system, including numerous
campuses, multiple medical centers, and labs, representing over
half a million students and faculty. The countless security
challenges higher education institutions face includes complying
with several regulations, balancing between providing a top-notch
education, and gaining board-level buy-in towards investments to
identify risk, provide training, and implement the necessary
security tools, to developing a strategy that can be incorporated
across the enterprise. The education industry ranks last in cyber
preparedness and with a 30 percent increase in cyberattacks in July
and August of 2020 compared to only a 6.5 percent increase across
all other industries is an indication cyber needs to be a priority
for higher education institutions.
“CynergisTek is very familiar with highly regulated and targeted
industries such as healthcare academic medical centers and higher
education institutions,” said Mac McMillan, CEO and President. “We
are honored to expand our support for a prestigious academic
medical center focusing on shoring up their resilience in an effort
to reduce the chance of ransomware attacks and other cyber
incidents. The challenges today are significant, and organizations
rely on support from partners such as CynergisTek to assist them.
We look forward to working alongside our client to combat
threats.”
About CynergisTek, Inc.
CynergisTek (www.cynergistek.com), is a top-ranked cybersecurity
consulting firm helping organizations in highly-regulated
industries, including those in healthcare, government, and finance
navigate emerging security and privacy issues. CynergisTek combines
intelligence, expertise, and a distinct methodology to validate a
company's security posture and ensure the team is rehearsed,
prepared, and resilient against threats. Since 2004, CynergisTek
has been dedicated to hiring and retaining experts who bring
real-life experience and hold advanced certifications to support
and educate the industry by contributing to relevant industry
associations. For more information, visit www.cynergistek.com or
follow us on Twitter or Linkedin.
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/20211021005404/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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