Prestigious West Coast University Medical Center renews six-figure, multi-year agreement for managed privacy and security services.

Oliver2022-07-19

CynergisTek to Provide its Flagship Compliance Assistance Partner Program (CAPP) and Vendor Safety Management (VSM) Services to Leading Academic Medical System

AUSTIN, Texas — CynergisTek, Inc. (NYSE American: CTEK), a leading cybersecurity, privacy, compliance and IT audit firm that helps organizations in highly regulated industries address emerging security issues and Privacy, Announces Multi-Year Extension with 500+ Bed, University Medical Center in California. Through this ongoing partnership, CynergisTek will provide this client with its Compliance Assist Partner Program (CAPP) signing service. This service is designed to provide a consistent engagement through managed cybersecurity services such as enterprise risk assessment, consulting services, interoperability security controls assessment, penetration testing, medical device evaluation and vendor safety management to assess and report third-party risks.

CynergisTek’s team of experts will continue to help this client strengthen its overall risk management program, meet compliance requirements, and achieve its goal of improving the overall maturity of its cybersecurity controls.

“We are excited about this long-term partnership as it allows us to demonstrate our value as an extension of our customers’ cybersecurity, privacy and compliance teams. We look forward to continuing our partnership with the goal of increasing the maturity of their cyber risk program, impactfully by assessing, validating and advising on cyber security threats and helping to strengthen their programs as a whole,” said said Dave Bailey, Vice President. security services at CynergisTek.

“This renewal marks over a decade of service to this great institution and demonstrates the strong, lasting partnerships we seek to build with our clients. Over the past 10 years of working with this organization, we have seen them invest significantly in improving their security posture and culture. This type of organization-wide commitment and effort to create a proactive program makes them the type of partner we love to work and serve with,” said Mac McMillan, CEO of CynergisTek.

About CynergisTek, Inc.

CynergisTek is a leading cybersecurity consulting firm that helps organizations in highly regulated industries, including healthcare, government and finance, address 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 primed, prepared, and resilient against threats. Since 2004, CynergisTek has been dedicated to hiring and retaining experts who bring real world 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.

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This press release contains certain forward-looking statements relating to CynergisTek’s business. These forward-looking statements have 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. These forward-looking statements involve known and unknown risks and uncertainties, including, but not limited to, uncertainties related to product/service development; long and uncertain sales cycles; the ability to obtain or maintain proprietary intellectual property protection; future capital requirements; 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 at comparable prices; the Company’s ability to successfully compete and introduce enhancements and new features that gain market acceptance and keep pace with technological developments; the Company’s ability to maintain its brand and reputation and retain or replace significant customers; cybersecurity risks and risks of damage to and interruptions of computer 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 businesses, divestitures, mergers or other transactions on acceptable terms, or not at all; the potential risks and uncertainties related to the current and ultimate impact of the COVID-19 pandemic, including measures that may be taken by governmental authorities to contain the COVID-19 epidemic or to address its impact, and the potential negative impacts of COVID-19 on the global economy and financial markets; the general economic impact of the ongoing war in Ukraine, including the impact of related sanctions imposed by the U.S. government and governments of other countries, and the impact of potential retaliation as a result of the war in Ukraine and any related sanctions; and other factors that may cause actual results to differ materially from those described herein as anticipated, believed, estimated or expected. Some of these risks and uncertainties are or will be described in more detail in the Company’s Forms 10-K and 10-Q filed 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 forward-looking statements and should recognize that statements are predictions of future results which may not occur as expected. Many of the risks listed above have been, and could further be, exacerbated by the COVID-19 pandemic, including its impact on the healthcare sector, or the ongoing war in Ukraine. 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 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.