Prevalent Cloud ID™ Captures Data on Third-Party Vendors Through Analysis of Internet Activity Logs, Providing Organizations with Comprehensive Vendor Risk Assessment Capabilities

Warren, New Jersey –– February 2, 2015 –– Prevalent, the third-party risk and vendor threat intelligence innovators, today announced the introduction of Prevalent Cloud ID™. Available now in the U.S., Prevalent Cloud ID is a cloud-based discovery service that helps organizations identify third-party vendors by analyzing Internet activity logs.

“The number of cloud and SaaS-based applications and services being used to drive efficiencies in accounting and human resources departments, streamline data storage and business continuity, and support anywhere, anytime availability of productivity and CRM tools is on the rise,” says Norman Menz, CTO and Co-Founder of Prevalent. “This presents significant challenges for enterprises to manage while increasing the threat of exposure to data breach and loss. In many cases, deployment of these applications and services is being done on an ad-hoc basis without enterprise IT visibility, leaving the organization without a comprehensive view of which applications and services are being used.”

(more…)

Experienced Sales Leader Dave McNamara Joins IT Security Visionary to Expand High-Performance Sales Team and Enhance Customer Relationships  

Warren, New Jersey –– January 7, 2015 –– Prevalent, the third-party risk and vendor threat intelligence innovators, today announced Dave McNamara as Vice President of Software Sales.

In this newly created role, McNamara will lead and grow Prevalent’s sales efforts by building on its customer success, introducing best practices, and establishing new relationships with midmarket and enterprise organizations across the U.S.

(more…)

Evaluation based on Completeness of Vision and Ability to Execute

Warren, New Jersey –– Nov. 4, 2014 –– Prevalent, the vendor and cyber threat intelligence innovators, today announced that Gartner, Inc. has named the company the only “Visionary” in the inaugural Magic Quadrant for IT Vendor Risk Management.

“Prevalent is leading the way in developing innovative solutions to help companies identify and manage the risks associated with third-party vendors, and we are proud to be recognized by Gartner as a ‘Visionary’ in the inaugural IT Vendor Risk Management Magic Quadrant,” says Norman Menz, CTO and Co-Founder of Prevalent. (more…)

Brad Keller to Lead Product Management for Cyber Risk Innovator’s Vendor Risk Manager™(VRM) Product

Warren, New Jersey –– Oct. 8, 2014 –– Prevalent, the third-party risk and vendor threat intelligence innovators, today announced Brad Keller has been hired as Director of Third-Party Risk and Compliance.

In this role, Keller will be responsible for overseeing product management and the development of strategic alliances for Prevalent’s Vendor Risk Manager™ (VRM).
(more…)

Telling Infographic Uses Spy Theme to Raise Awareness and Call Businesses to Take Action against Third-Party Risks

Warren, New Jersey –– Sept. 18, 2014 –– Vendor risk and cyber threat intelligence innovator Prevalent today announced the release of a new infographic, “Is Third-Party Vendor Risk Management Scaring the Living Daylights Out of You?”

(more…)

IT Security Innovator to Show Businesses Using Payment Cards How to Protect Customer Data from Vendor Risk during PCI Security Standards Council’s 2014 North American Community Meeting

Warren, New Jersey –– Sept. 9, 2014 –– Expanding its reach and leadership within the retail market, Prevalent today announced it has joined the PCI Security Standards Council as a Participating Organization and will participate in the PCI Security Standards Council’s 2014 North American Community Meeting Sept. 9-11 in Orlando, Fla.

(more…)

Matthew Hicks Joins Cyber Risk Management Innovator to Expand and Accelerate Strategic Development

Warren, New Jersey –– July 29, 2014 –– Prevalent, the third-party risk and vendor threat intelligence innovators, today announced Matthew Hicks has been hired as Chief Strategy Officer (CSO). In this role, Hicks will work closely with the company’s co-founders to accelerate Prevalent’s corporate development efforts by capitalizing on the recent four million dollar equity investment made by Fulcrum Equity Partners and uncovering new business opportunities and strategic alliances.

(more…)

Analysts Tout Prevalent’s Go-To-Market Strategy and Exclusive Focus on Third-Party Vendor Risk Management and Threat Intelligence Integration as Core Competitive Differentiators

Warren, New Jersey –– July 1, 2014 –– Prevalent, the third-party risk and vendor threat intelligence innovators, today announced the immediate availability of an independent research report from 451 Research that dives deep into the company’s unique market position, product portfolio and value proposition for enterprise customers.

(more…)

Market Innovator Attends Gartner Summit to Show Attendees Why Vendor Threat Management Technology is a Top Priority for CIOs, CISOs and regulators in an Era of Target-like Breaches

Washington, DC/Gartner Summit/Booth #1026 –– June 24, 2014 –– Prevalent, the third-party risk and vendor threat intelligence innovators, today announced vendor threat management technology as a “must have” solution for data-driven businesses of all sizes.

(more…)

Multi-million Dollar Investment Set to Increase Reach, Services Excellence and Market Visibility as the IT Industry’s Top Provider of Third-Party Risk and Vendor Threat Management Technologies 

Warren, New Jersey –– June 18, 2014 –– Prevalent, the third-party risk and vendor threat intelligence innovators, today announced it has received a $4 million strategic growth equity investment from Fulcrum Equity Partners (“Fulcrum”), a leading private equity firm headquartered in Atlanta, GA.

(more…)