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Accelerated traction responding to high demand for privacy, compliance and cybersecurity advisory services
MISSION VIEJO, CA, — April 24, 2017 — CynergisTek, Inc. (NYSE MKT: AUXO), a leading provider of enterprise security and document workflow solutions for the healthcare industry, today announced that CynergisTek, a wholly owned subsidiary providing privacy, compliance and security consulting services to the healthcare industry, has added five new customers, under its Compliance Assist Partner Program (CAPP) in the first quarter of 2017.
CynergisTek’s CAPP program provides recurring consulting services to assist in maintaining a proactive risk management program by performing standards-based periodic assessments, setting and achieving compliance goals, conducting periodic audits of key controls and providing ongoing privacy and security advisory services.
According to the U.S. Department of Health & Human Services, there was a 320% increase in the number of healthcare providers victimized by hackers in 2016 vs. 2015. Patient Health Information (PHI) may be located, stored or used in numerous places, including often forgotten, printers, fax machines and multi-function devices, and with the healthcare environment becoming hyper-connected, the security challenge continues to grow in complexity. “We are seeing more and more hospital executives and their Board of Directors requiring regular audits against their security program and its controls, helping them understand how prepared they are to respond to the evolving threats, and if the organization is moving towards a more mature state. The recent contract wins highlight the demand we are seeing from major health systems for recurring security services that are both remedial and preventative in nature,” said Dr. Michael Mathews, President at CynergisTek.
The 3-5 year CAPP program, gives hospital clients and their executives access to 24/7 accessible subject matter experts in Security, Technical, Regulatory, Compliance, Research and Governance, covering the entire organization with one phone call. “One new CAPP contract win in particular was with an existing CynergisTek customer, and while CynergisTek had entered into the sale process prior to closing the merger, the fact we are now a combined entity with significant financial resources and capabilities certainly aided in our ability to win that business,” said Mac McMillan, CEO at CynergisTek and President and Chief Strategy Officer at CynergisTek. He continues by saying “We are pleased to see the adoption for both our security and document solutions services steadily rise and we will continue to offer our customers high-caliber expertise and service while expanding our geographic footprint.”
For more information about CAPP, please visit www.cynergistek.com/managed-services/capp/
About CynergisTek, Inc.
CynergisTek (https://cynergistek.com) is a leading provider bundling best of breed IT security and workflow solutions into its managed document services program designed exclusively for the healthcare industry. Since 2004, the company has saved more than $80 million for its clients by providing a vendor neutral program that enhances security of printed, stored data and digital documents while driving out costs and inefficiencies within the patient information logistical chain. The company’s document management best practices and intelligent workflow automation suite transforms printed documents to digital workflows, reducing waste and improving end-user satisfaction.
CynergisTek, an CynergisTek company, (www.cynergistek.com) is a top-ranked cybersecurity, privacy and compliance consulting firm. The company offers solutions to help organizations measure privacy, security and compliance programs against regulatory requirements and assists in developing risk management best practices. Since 2004 the company has served as a partner to hundreds in the healthcare industry and is dedicated to supporting and educating the industry by contributing to relevant industry associations. The company has been named in numerous research reports as one of the top firms that provider organizations turn to for privacy and security, and won the 2017 Best in KLAS award for Cyber Security Advisory Services.
Forward Looking Statements
This release contains certain forward-looking statements relating to the business of CynergisTek, Inc. that can be identified by the use of forward-looking terminology such as “believes,” “expects,” “anticipates,” “may” or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including uncertainties relating to product/services development, long and uncertain sales cycles, the ability to obtain or maintain patent or other proprietary intellectual property protection, market acceptance, future capital requirements, competition from other providers, the ability of our vendors to continue supplying the company with equipment, parts, supplies and services at comparable terms and prices 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 our Form 10-K and Form 10-Q filings with the Securities and Exchange Commission, which are available at http://www.sec.gov. CynergisTek, Inc. 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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