Press Release

Leader in Vendor Risk Management Adds Universities to Rapidly Expanding List of Vendor Networks

Warren, New Jersey – June 22, 2016 – Prevalent, Inc., the leader in Third-Party Risk and Vendor Threat Intelligence, today announced the launch of the Higher Education Vendor Network (HEVN), the next in a series of vendor networks initiated by Prevalent that reduce costs, risk, and overhead for both vendors and their customers. Big Ten powerhouses Ohio State and Penn State Universities are leading the charge with additional schools being added in the coming months.

“You name the category of sensitive data, and universities are responsible for protecting it,” explained Jonathan Dambrot, Prevalent’s CEO. “Healthcare data (PHI), student, alumni and faculty personal information (PII), credit card data (PCI), intellectual property and research data, and it’s distributed among multiple departments, satellite campuses and vendors. Our solutions are a perfect fit for this environment.”

Prevalent’s network model enables security controls assessment content to be standardized, and easily consumed and analyzed by its members (in this case, universities), automating risk scoring and remediation.  Moreover, it enables vendors to prepare a single set of evidence, and make it available to their customers – and potential customers – in an automated, trackable, secure manner.

“Penn State, like other large Universities, is responsible for a very diverse data footprint spread across many departments, campuses and vendors”, stated Adam Caimi, Executive Director of Information Technology and Project Management at Penn State. “We see a great deal of potential in Prevalent’s Higher Education Vendor Network to help improve our capabilities and the efficiency with which we can understand, manage and ultimately minimize the risk of compromise.”

“As is the case for all our vertical networks, universities require similar services from their vendors, and so vendor commonality evolves naturally,” explained Devin Archer, Prevalent’s Director of Channels. “Our network dynamic greatly reduces redundant and burdensome effort for both the universities and the vendors, freeing both parties to focus on genuine risk reduction, not endless paperwork with little purpose.”

To learn more about the Higher Education Vendor Network, or other Prevalent vendor networks, please visit our website at www.prevalent.net; email us at info@prevalent.net; or call us at 877-PREVALENT.

About Prevalent, Inc.

Prevalent is a vendor risk management and cyber threat intelligence analytics innovator with a reputation for developing cutting-edge technologies and highly-automated services that are proven to help organizations reduce, manage and monitor the security threats and risks associated with third and fourth-party vendors.

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