Vendor Security Management

We manage the risks associated with business associates by evaluating, monitoring and holding them accountable for you.

Overview

In a 2021 Ponemon Report, 51% of organizations have experienced a data breach caused by a third-party, and 63% of respondents stated reliance on reputation is the most common reason for not evaluating the privacy and security practices of third-parties.

Manage Third-Party Risk Effectively

CynergisTek will evaluate each vendor’s level of risk, require them to attest to their compliance with HIPAA, and find which protections are in place so your organization can make a determination around how to adjust your contracts, service levels, or your overall relationship. CynergisTek will then actively monitor each vendor, communicate the security gaps identified, and alert the covered entity of any changes to the vendor’s status over time.

Key Benefits

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Reduce Risk

Maintaining HIPAA regulatory compliance is a requirement, not a suggestion, and it not only protects your business against liability but ensures that you’re engaging in best practices.

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Demonstrate Due Diligence

Compliance reviews and investigations require documentation to show that your organization is performing due diligence when it comes to adhering to regulations.

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Hold Vendors Accountable

Because your organization’s risk profile extends beyond your own network, mitigate third-party risks by keeping vendors accountable.

Having a partner that is actively monitoring our systems, trends, local and global threats not only saves the Virtua IT Security team time, but provides us with the ability to proactively look at potential threats to plan accordingly. The partnership with CynergisTek has allowed us to focus on compliance, developing risk programs, policy and procedures leading to a culture focused on making us more secure.

Tom Gordon

CIO, Virtua

Security has become a necessary and critical strategic pillar for our organization, and it is too broad and complex for a provider organization to keep up with on their own. Having a partner like CynergisTek with depth and breadth of knowledge and expertise is a crucial asset for our organization. I can’t imagine navigating these issues without them.

John Mangona

Vice President, Chief Information & Compliance Officer, Saratoga Hospital

CynergisTek’s social engineering and phishing service was an excellent training tool for our organization. A third-party assessment of how our policies and procedures would stack up against a real threat was eye-opening and provided us with valuable information we can leverage to continue to enhance our security posture.

Joe Egan
Director of Information Security, Valley Children’s Hospital

Outcome

Once you employ CynergisTek’s Vendor Security Management service, you’ll no longer struggle with the challenges and time-consuming manual processes involved with managing multiple vendors and documenting HIPAA compliance and regulatory due diligence.

Related Resources

Get Started with CynergisTek Today

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