Press Releases
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Market demand fuels expansion to Boston and Washington D.C.

WARREN, NJ (August 1, 2017) – Prevalent, Inc.,the leader in third-party risk management, announced today that Network Products Guide, a leading technology research and advisory guide, has named Prevalent’s Synapse Exchange™ the Gold Winner for Best Vendor Risk Management in the 12th Annual 2017 IT World Awards®.

“Prevalent’s Synapse Exchange™ was purpose-built to solve the need for more cost-effective, scalable solutions for third and fourth party vendor risk management,” said Jonathan Dambrot, CEO, Prevalent. “We’re honored to be recognized by the IT World judges for our continued innovation in managing today’s complex vendor ecosystem.”

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Becomes Only Vendor in Leader Quadrant Exclusively Focused on Third-Party Risk

WARREN, NJ (July 12, 2017) – Prevalent, Inc., the leader in Third-Party Risk Management, today announced that it has been named a Leader in the 2017 Gartner Magic Quadrant for IT Vendor Risk Management.1

“We are delighted that Gartner has identified Prevalent as a leader in this growing IT security market with this year’s analysis,” said Norman Menz, Chief Technology Officer and Co-Founder, Prevalent.  “Third-Party Risk is a serious problem for organizations everywhere and it’s growing. Prevalent is positioned to help solve this problem through the innovative nature of our technology, products, and the expertise of our team. We’re very proud of this recognition.”

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Acquisition of Datum Security Solution Helps Close Dangerous Gap in SMB Third-Party Risk Exposure

WARREN, NJ (June 13, 2017) – Prevalent, Inc., the leader in Third-Party Risk Management and Cyber Threat Intelligence, today announced the acquisition of Datum Security, the leader in Third-Party Risk Validation for small and medium-size business.

“Our objective has always been to provide a comprehensive suite of solutions for vendor risk management to our customers, from enterprise assessment software to vendor evidence sharing networks, to continuous monitoring,” said Jonathan Dambrot, CEO, Prevalent.  “The Datum Security acquisition will help our customers greatly reduce the risk exposure resulting from small to medium sized vendors.”

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600+ Financial IT, Security and Compliance Professionals Show Clear Progress in Closing Readiness, Compliance Gaps, According to Prevalent Poll

WARREN, NJ (Marketwired – Apr 20, 2017) – Prevalent, Inc., the leader in Third-Party Risk Management and vendor threat intelligence, today announced findings of its flash poll of IT, security and compliance professionals in banking and finance. The survey was conducted in March 2017 in conjunction with its American Banker “The State of NY Strikes Again” thought leadership webinar on New York State’s new Cybersecurity Requirements (23 NYCRR 500).

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WARREN, NJ–(Marketwired – Mar 28, 2017) – Prevalent, the industry leader in third-party vendor risk management solutions, and its strategic partner, The Santa Fe Group, have jointly committed to funding an MBA scholarship for information technology security professionals at The Pennsylvania State University’s online World Campus.

The IT Security Industry Online MBA Scholarship in the Penn State World Campus is designed to benefit IT professionals by providing financial assistance to pursue the Online MBA degree through the World Campus at Penn State. (more…)

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Vendor Risk Management Industry Pioneer Wins Cybersecurity Excellence Award, 50-100 Employee Category

WARREN, NJ (Marketwired – Feb 13, 2017) – Prevalent, Inc., the leader in Third-Party Risk Management and Vendor Threat Intelligence, today announced it has received the Cybersecurity Excellence Award as the Fastest Growing Cybersecurity Company in the 50 to 100 employee category.

Prevalent is tackling one of the most potentially damaging root causes of cyber security threats: third-party vulnerabilities. It is the only company that offers a complete, purpose built, integrated suite of solutions for third party risk management, from automated assessment software to continuous threat monitoring, and leading edge vendor evidence sharing networks. The company launched its first 3rd party risk management product in 2012, and recently closed a $60MM Series C round of funding with Insight Venture Partners.

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Supports Rapid Growth in Vendor Risk Management Market

WARREN, NJ (February 1, 2017) – Prevalent, Inc., the leader in Third-Party Risk Management and Vendor Threat Intelligence, today announced the appointment of Brian Zeman as the Company’s new Chief Operating Officer (COO).

“The increasing proliferation of third party data breaches has fueled the demand for Prevalent’s products and more than tripled the size of the company in 2016,” said Jonathan Dambrot, Prevalent CEO and Co-Founder. “With over 20 years of broad operating experience across Sales, Marketing and Services, Brian provides Prevalent with the crucial expertise needed to successfully manage our growth and scale our business.”

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First Universal Third-Party Risk Management Evidence Sharing Portal

WARREN, NJ (January 25, 2017) – Prevalent, Inc., the leader in Third-Party Risk Management and Vendor Threat Intelligence, today announced the first global vendor evidence sharing portal, the Synapse Exchange™. As the security industry’s first unified, cross-sector third-party risk management platform, Synapse Exchange automates and speeds the exchange of the full array of data that’s critical to reducing cyberattack risks associated with third- and fourth-party vendors, while sharply reducing costs and complexities for enterprises, vendors and supply chain partners. Exchange leverages Prevalent’s next-generation third party risk management platform, Synapse, which includes evidence collection and remediation workflows, risk scoring, reporting, and myriad other features developed over years of exclusive third party risk management focus.

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

WARREN, NJ (December 8, 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 NH-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, NH-ISAC President. “We are excited to be working with Prevalent and Churchill and Harriman to leverage the NH-ISAC community and offer risk assessment services via CYBERFIT that are both efficient and affordable.”

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Series C Financing Round Led by Insight Venture Partners to Drive Growth and Continued Product Innovation

WARREN, NJ (November 17, 2016) — Prevalent, Inc., the leader in Third-Party Risk Assessment, Monitoring, and Collaboration, announced today it has closed a $60 Million Series C round led by private equity and venture capital firm Insight Venture Partners. The new capital will be used to fuel the company’s continued global expansion and product innovation.

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