CynergisTek Awarded Six-Figure Contract to Provide Red Team and Security Assessment Services for Large Credit Union

By Editor On Sep 30, 2021

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Austin, Texas – (BUSINESS WIRE) – CynergisTek (NYSE American: CTEK), a leading cybersecurity, privacy, compliance, and IT auditing firm that helps companies in highly regulated industries tackle emerging security and privacy issues, was made by one of the largest US companies Company selected for a new contract nearly $ 300,000 worth of federal credit unions to provide Red Team and safety assessment services.

Cyber security is a top priority for financial institutions, and competition for their business is fierce. The credit unions, which are strictly regulated by the National Credit Union Association (NCUA) to ensure the protection of members’ financial assets and transactions, seek partnerships with companies that share their priority for security.

CynergisTek was chosen because of its reputation in the market for excellent service. CynergisTek’s Red Team services will evaluate the company’s social engineering practices and conduct internal and external penetration testing, as well as web application penetration testing, to identify any vulnerabilities that may be at risk for a cyberattack. By commissioning a third party to carry out a security risk assessment, the company receives an unbiased and thorough assessment, which draws up a rehabilitation roadmap that is prioritized according to the degree of risk for the company.

“I owe this new customer acquisition to the broad experience our Red Team and security advisors bring to the table, and the focus of our entire company on advancing our mission to ensure that every interaction is meaningful and makes our customers feel like they have learned. “Something,” said Mac McMillan, CEO and President of CynergisTek. “Working with this federal credit union demonstrates our reach beyond our traditional healthcare customer base continues to grow, shows that our focus on data security is resonating regardless of the industry and that CynergisTek is an ally that organizations can turn to when they build resilience into their security programs. ”

About CynergisTek, Inc.

CynergisTek (www.cynergistek.com) is a senior cybersecurity consultancy helping organizations in highly regulated industries, including healthcare, government, and finance, address emerging security and privacy issues. CynergisTek combines intelligence, expertise and a special methodology to validate a company’s security situation and ensure that the team is trained, prepared and resistant to threats. Since 2004, CynergisTek has been dedicated to recruiting and retaining experts with hands-on experience and advanced certifications to support and train the industry through contributions 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 press release contains certain forward-looking statements regarding 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 may, through the use of forward-looking terminology such as “believes,” “expects,” “expects,” “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 / service development; long and insecure 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 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 improvements and new features that achieve market acceptance and 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 disruption to information technology systems; the company’s ability to retain key members of management and successfully integrate new leaders; the Company’s ability to complete acquisitions, strategic investments, new business entry, divestments, mergers or other transactions on acceptable terms, or at all; potential risks and uncertainties regarding the existing and ultimate effects of COVID-19, including geographic spread, severity of the virus, duration of the COVID-19 outbreak, measures that government agencies may take to contain the COVID-19 The outbreak or treatment of its effects and the potential adverse effects of COVID-19 on the global economy and financial markets, as well as other factors that could cause actual results to differ materially from those described, expected, assumed, estimated or anticipated herein. Certain of these risks and uncertainties are or are further described in the company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission, available at http://www.sec.gov. Given the risks and uncertainties, readers should not rely on forward-looking statements and should understand that the statements are predictions of future results that may not occur as expected. Many of the risks listed above have been and can 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 historical results due to the risks and uncertainties described herein, as well as others that are not now expected. CynergisTek undertakes no obligation (and expressly disclaims any such obligation) to update or change its forward-looking statements as a result of new information, future events, or otherwise.

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