CynergisTek Wins Six-Figure Contract to Provide Red Team and Safety Assessment Services to Large Credit Union
AUSTIN, Texas, September 30, 2021– (COMMERCIAL THREAD) –CynergisTek (NYSE American: CTEK), a leading cybersecurity, privacy, compliance and IT audit firm that helps organizations in highly regulated industries address emerging security and privacy issues, was selected for a new contract by one of the largest federal credit unions based in the United States. to nearly $ 300,000 to provide Red Team and Safety Assessment services.
Cyber security is a top priority for financial institutions and competition for their businesses is intense. Highly regulated by the National Credit Union Association (NCUA) to ensure the protection of financial assets and member transactions, credit unions seek to partner with businesses that share their security priority.
CynergisTek won the contract because of its reputation in the market for providing excellent service. CynergisTek red team The departments will assess the organization’s social engineering practices and perform internal and external penetration testing, as well as web applications, to identify vulnerabilities that may pose a risk for a cyber attack. By using a third party to perform a security risk assessment the organization will receive an impartial and in-depth assessment that will establish a remediation roadmap prioritized by level of business risk.
“I attribute this victory to this new client to the breadth of experience that our Red team and security consultants bring to the table and the focus of our entire company to carry out our mission of ensuring that every interaction is meaningful and leaves our customers with the feeling that they have learned something, ”said Mac McMillan, CEO and President of CynergisTek. “Working with this Federal Credit Union highlights that our reach continues to gain traction outside of our traditional healthcare customer base, demonstrating that our focus on data security resonates regardless of industry, and that CynergisTek is an ally organizations can turn to for guidance when integrating resilience into their security programs. “
About CynergisTek, Inc.
CynergisTek (www.cynergistek.com), is a leading cybersecurity consulting firm that helps organizations in highly regulated industries, including healthcare, government, and finance, manage emerging security and privacy issues. CynergisTek combines intelligence, expertise, and a distinct methodology to validate an organization’s security posture and ensure the team is trained, prepared, and resilient against threats. Since 2004, CynergisTek has been dedicated to hiring and retaining experts who bring first-hand 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 Where Linkedin.
Caution Regarding Forward-Looking Statements
This press 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 “believe”, “expects”, “anticipates”, “would”, ” could ”,“ intention ”,“ may ”,“ will fly ”or similar expressions. These forward-looking statements involve known and unknown risks and uncertainties, including, but not limited to, uncertainties relating to product / service development; long and uncertain sales cycles; the ability to obtain or maintain exclusive intellectual property protection; future capital needs; competition from other suppliers; the ability of the Company’s suppliers to continue to provide the Company with supplies and services on comparable terms and prices; the Company’s ability to compete successfully and introduce enhancements and new features that are accepted by the market and keep pace with technological developments; the Company’s ability to maintain its brand and reputation and to retain or replace its major customers; cybersecurity risks and the risks of damage and disruption of computer systems; the Company’s ability to retain key members of management and successfully integrate new officers; the Company’s ability to make acquisitions, strategic investments, entry into new lines of business, divestments, mergers or other transactions on acceptable terms, if at all; the potential risks and uncertainties associated with the current and ultimate impact of COVID-19, including the geographic spread, the severity of the virus, the duration of the COVID-19 outbreak, the measures that may be taken by the authorities government agencies to contain COVID-19 or to address 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 differ materially from those described here as anticipated, raw, estimated or expected. Certain of these risks and uncertainties are or will be described in more detail in Forms 10-K and 10-Q filed by the Company with the Securities and Exchange Commission, available at http://www.sec.gov. Given the risks and uncertainties, readers should not place undue reliance on forward-looking statements and should recognize that statements are predictions of future results which may not turn out as expected. Many of the risks listed above have been and could be further exacerbated by the COVID-19 pandemic, including its impact on the healthcare sector. Actual results could differ materially from those anticipated in forward-looking statements and from historical results, due to the risks and uncertainties described herein, as well as others not currently anticipated. CynergisTek has no obligation (and expressly disclaims any such obligation) to update or change its forward-looking statements, whether as a result of new information, future events or otherwise.
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