H-ISAC Selects Prevalent Synapse as Shared Services™ Vendor Network Platform and Churchill & Harriman for Third-Party Risk Assessments

Official Healthcare Information Sharing and Analysis Center to Leverage Prevalent Vendor Network Experience for Third-Party Risk Management

WARREN, NJ (December 5, 2016) – Prevalent, Inc., the leader in Third-Party Risk Management and Vendor Threat Intelligence and Churchill & Harriman, the recognized leader in enterprise risk management and third-party risk assessments, today jointly announced that H-ISAC has chosen the purpose-built Prevalent Synapse™ platform and Churchill & Harriman’s risk assessment services for the third-party risk management element of its mission to protect the nation’s critical healthcare infrastructure from physical and cyber threats.

“Third-party risk is a valid concern for any organization in the healthcare ecosystem.”, said Denise Anderson, H-ISAC President. “We are excited to be working with Prevalent and Churchill and Harriman to leverage the H-ISAC community and offer risk assessment services via Shared Services that are both efficient and affordable.”

Prevalent’s Synapse platform is purpose-built to minimize the burden of controls, information collection and distribution among members of vertical networks, delivering built-in workflows, network moderator functionality, and questionnaire and risk-scoring flexibility – all in a secure SaaS environment. Prevalent is bringing the experience built in its Legal, Higher Education, Asset Management, and Mortgage industry networks to H-ISAC’s Shared Services vendor network, leveraging not only its next generation platform developed on the foundation of that experience base, but also the network management experience unique to Prevalent.

“There’s no substitute for experience,” added Michael Wagner, Sr. Director of Johnson & Johnson and a member of the H-ISAC Board of Directors. “While organizations have tried, none have delivered a vendor risk, evidence-sharing network for healthcare and the platform to run it.  Prevalent is doing it today in multiple verticals.”

“The security of our health system and the criticality of the data at risk makes what we are doing extremely important,” continued Jonathan Dambrot, Prevalent CEO & Co-Founder. “It is an honor to be selected to participate in this groundbreaking effort with such prestigious partners.  Working in conjunction with Shared Services and the H-ISAC, we are creating a new model to reduce risk, reduce cost, and ensure members have the information they need to maintain security and compliance in our ever-interconnected environment.”

In addition to Prevalent’s next generation platform, Shared Services is also leveraging the expertise brought by the recognized Third-Party Risk Management leader Churchill & Harriman (C&H), who will contribute evidence analysis, vendor interaction, and evidence validation in the Shared Services network.

“The healthcare industry depends on C&H for thorough and complete third party risk assessments. With our focus on third-party risk management services, we have a unique perspective on the industry and the tools available from virtually all the software vendors,” observed Ken Peterson, CEO and founder of C&H. “Prevalent is clearly the leader in network platform technology, delivering a proven product, validated by actual users”.

For more information on the Synapse platform and the Shared Services network, contact info@prevalent.net.
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About Prevalent
Prevalent is the leader in third-party risk management and cyber threat intelligence, helping global organizations manage and monitor the security threats and risks associated with third and fourth-party vendors. With the release of Prevalent Synapse™, organizations now have a purpose-built, unified platform that reduces both risk and cost in a shared assessment model, leveraging standardized content, automation, and threat intelligence. For more information regarding Prevalent, please visit www.prevalent.net, email info@prevalent.net  or call 877-PREVALENT.

About Churchill & Harriman
Churchill & Harriman (C&H) is a privately-held enterprise risk management consulting corporation. C&H is a trusted partner and advisor to industry leading consortiums, governing bodies and corporations, providing end-to-end enterprise risk management advisory services and solutions for multinational clients worldwide. For more information regarding Churchill & Harriman, please visit www.chus.com, email info@chus.com or call 609-921-3551.

About H-ISAC
H-ISAC, a non-profit health sector-led organization is recognized by the nation’s health sector, the US Department of Health and Human Services (HHS), the US Department of Homeland Security (DHS), the National Security Agency (NSA), FBI, and the National Council of ISACs (NCI Directorate) representing all national critical infrastructures. Headquartered at the Global Situational Awareness Center, Global Institute for Cybersecurity + Research, NASA/Kennedy Space Center, H-ISAC is the tactical and operational arm advancing national healthcare and public health critical infrastructure resilience – all hazards (cyber and physical) security intelligence situational awareness analysis and reporting, secure trusted two-way information sharing, countermeasure solutions, incident response, leading practice and education. For more information, visit www.h-isac.org.