Benzinga | Oct 21, 2021 12:11PM EDT

CynergisTek Announces A One-year, Six-figure Cybersecurity Service Agreement With A Prestigious State University System To Conduct Remediation, Security Program Development, And Project Management Support

CynergisTek (NYSE:CTEK), a leading cybersecurity, privacy, compliance, and IT audit firm helping organizations in highly regulated industries navigate emerging security and privacy issues, announces a one-year six-figure cybersecurity service agreement with a prestigious state university system to conduct remediation, security program development, and project management support.

In the agreement, CynergisTek will offer support and cybersecurity expertise to the department overseeing and directing security efforts for the university system, including numerous campuses, multiple medical centers, and labs, representing over half a million students and faculty. The countless security challenges higher education institutions face includes complying with several regulations, balancing between providing a top-notch education, and gaining board-level buy-in towards investments to identify risk, provide training, and implement the necessary security tools, to developing a strategy that can be incorporated across the enterprise. The education industry ranks last in cyber preparedness and with a 30 percent increase in cyberattacks in July and August of 2020 compared to only a 6.5 percent increase across all other industries is an indication cyber needs to be a priority for higher education institutions.

"CynergisTek is very familiar with highly regulated and targeted industries such as healthcare academic medical centers and higher education institutions," said Mac McMillan, CEO and President. "We are honored to expand our support for a prestigious academic medical center focusing on shoring up their resilience in an effort to reduce the chance of ransomware attacks and other cyber incidents. The challenges today are significant, and organizations rely on support from partners such as CynergisTek to assist them. We look forward to working alongside our client to combat threats."