Posted by Rick D'Angona on Thu, Apr 28, 2011 @ 11:09 PM
Honorees to be announced at an annual dinner on June 9th
Aliso Viejo, CA – Evantix’s Information Risk Bureau has been named a finalist in Outstanding Product Innovation in Cloud Solutions/SaaS category for the TechAmerica Orange County High-Tech Innovation Awards. Now in its 18th year, this premier business event celebrates excellence and achievement in the region’s technology industry, and honors local companies, individuals and products that drive innovation in Orange County. This year’s winners will be announced at a dinner on June 9, 2011, at the Hyatt Regency in Irvine, Calif.
“We are honored to be selected as a finalist for this year’s TechAmerica High-Tech Innovation Awards. Evantix’s information risk bureau is relied upon by major corporations worldwide to understand their exposure of information risk and supply chain risk. Recent global events have highlighted how dependent organizations are on their suppliers to provide their products and services. Evantix’s “At-a-Glance” risk reports and scores allow corporate risk managers to make fast and consistent decisions related to supplier risk.” said James Christiansen, Evantix CEO
“We had nominations from all of Orange County’s most important technology companies,” said Bob Brunson, associate director, TechAmerica Orange County. “We congratulate Evantix for rising to the finalist ranks. This region boasts many noteworthy companies, including Evantix that continue to influence technology development throughout the rest of the world, and we’re excited to help highlight them.”
The awards categories this year include the Harvey Mudd College Green Engineering Award, Innovative Product/Technology In 2010, Outstanding CEO In Technology and Outstanding Technology Company.
In addition to the awards, TechAmerica Orange County will recognize educators and students for their innovative use of science, math, and technology in the classroom and the community in conjunction with Project Tomorrow. The organization is the nation’s leading education nonprofit group focused on preparing today’s students to be tomorrow’s innovators.
For more information, please visit www.techamerica.org/hta18.
About Evantix
Evantix delivers on-demand information risk scores, reports, and monitoring on companies globally through its innovative Evantix Risk Bureau. Evantix reports and risk scores are used by corporate risk managers, procurement officers, and other business teams to identify, quantify, and manage risk across large complex businesses, their supply chains, and various 3rd party business relationships. Information about Evantix's products and services can be found at www.evantix.com.
About TechAmerica
TechAmerica is the leading voice for the U.S. technology industry – the driving force behind productivity growth and jobs creation in the United States and the foundation of the global innovation economy. Representing approximately 1,200 member companies of all sizes from the public and commercial sectors of the economy, it is the industry’s largest advocacy organization and is dedicated to helping members’ top and bottom lines. TechAmerica is also the technology industry’s only grassroots-to-global advocacy network, with offices in state capitals around the United States, Washington, D.C., Europe (Brussels) and Asia (Beijing).It was formed by the merger of AeA (formerly the American Electronics Association), the Cyber Security Industry Alliance (CSIA), the Information Technology Association of America (ITAA) and the Government Electronics & Information Technology Association (GEIA).Learn more about TechAmerica at
www.techamerica.org.
Posted by Rick D'Angona on Fri, Feb 04, 2011 @ 11:40 AM
ALISO VIEJO, CA--(Marketwire - 02/01/11) - Evantix, the nation's premier IT Risk Reporting Bureau, announced today that it released a new HIPAA Assessment product in support of the HIPAA / HITECH Act Security and Privacy requirements. The Evantix IT/Risk Bureau™ acts as a shared platform to streamline completion of HIPAA security assessments expediting the discovery of exposures that left unchecked, could lead to substantial fines and lost revenue.
According to the Benchmark Study on Patient Privacy and Data Security conducted by Ponemon Institute and sponsored by ID Experts, data breaches cost US hospitals $6 billion per year. In addition, 58 percent of hospitals participating in this study lack confidence in their ability to keep patient records secure. "The first step in getting control over this rising problem is to understand the extent of your risk exposure. Evantix provides healthcare organizations with an easy to use, cost effective way to quickly identify the business associates posing the most risk to their institutions," says Martha Lawrence, President of Sequoia Healthcare Advisors.
For a limited time, Evantix is offering a HIPAA Risk Control Report, free of charge. By supporting the HIPAA and HITECH Act requirements, Evantix has helped both the healthcare industry and their suppliers gain the visibility that regulators are demanding for safeguarding confidential patient data, whether it is processed across the street or around the world.
About Evantix
Evantix delivers on-demand IT risk scores, reports, and monitoring on companies globally through its innovative Evantix Risk Bureau. Evantix reports and risk scores are used by corporate risk managers, procurement officers, and other business teams to identify, quantify, and manage risk across large complex businesses, their supply chains, and various 3rd party business relationships. Information about Evantix's products and services can be found at www.evantix.com.
Posted by Rick D'Angona on Thu, Nov 11, 2010 @ 02:13 PM
Nov 10, 2010 11:59 ET
Evantix Launches New Shared Assessments Risk Report: Supports the New SIG 6.0
ALISO VIEJO, CA--(Marketwire - November 10, 2010) - Evantix, the nation's premier IT Risk Reporting Bureau, announced today that it released a new Shared Assessments Risk Report product in support of version 6.0 of the Standardized Information Gathering Questionnaire (SIG) from the Shared Assessments Program®. The Evantix IT/Risk Bureau™ acts as a Shared Assessments platform to streamline completion of the Shared Assessment "SIG" and "AUP"; creates an actionable at-a-glance risk report; enables cross-company remediation management and monitoring; and enables secure sharing of the results across companies.
"We are extremely pleased to support version 6.0 of the SIG to help streamline and improve the overall assessment experience for the suppliers tasked with completing the SIG," said James Christiansen, Evantix chief executive officer.
To demonstrate the power of its platform, Evantix invites all companies participating in the Shared Assessments Program to take advantage of its offer to get an Evantix Risk Report based upon the SIG 6.0.
Evantix is a member of the Shared Assessments Program Assessment consortium and through its proprietary algorithms produces risk reports and ratings based on the SIG 6.0. The results are used by enterprises to efficiently manage their supplier network by focusing on those suppliers that pose the highest risks to them. With the subject's express permission, the report can be securely shared through Evantix's Risk & Compliance Portal with its customers, regulators, or other business partners.
About Evantix
Evantix delivers on-demand IT risk scores, reports, and monitoring on companies globally through its innovative IT Risk Bureau. The Evantix reports and risk scores are used by corporate risk managers, procurement officers, and other business teams to identify, quantify, and manage IT risk across large complex businesses, their supply chains, and various 3rd party business relationships. Information about Evantix's products and services can be found at www.evantix.com.
About the Shared Assessments Program
The Shared Assessments Program was created to inject standardization, consistency, speed, efficiency and cost savings into the service provider assessment process. Membership in the Shared Assessments Member Forum offers outsourcers and their service providers a faster, more efficient and less costly means for conducting rigorous assessments focused on security, privacy and business continuity. The Shared Assessments Program is managed by The Santa Fe Group, a strategic consulting company based in Santa Fe, New Mexico.
Posted by Rick D'Angona on Wed, Sep 22, 2010 @ 09:00 AM
Listen to the Interview
Our CEO, James Christiansen, recently spoke with "sales pioneer" Will Crist on his talk radio show, Pilgrim on the 405. Will's show focuses on executives and entrepreneurs in Orange County, California and the new technologies and techniques being developed here.
In this casual interview, James shares his perspectives on risk management solutions and how small companies and large companies alike can better manage internal and third party supplier risk. Along with helpful advice on what CEO's should know about IT security, James talks about what he has learned from co-founding Evantix, an Orange County risk management company and risk bureau. He shares his thoughts on the recent Heartland data breach which exposed hundreds of companies to credit card processing risk.
Below are some of the highlights from the interview:
- James talks about his formative experiences in the IT industry and as a security officer for major companies like Visa and General Motors
- James shares the industry changes and strategic thinking, which led to the birth of Evantix.
- Will and James discuss the recent increase in government regulations on small businesses and how Evantix can step in and help with professional service offerings like its on-demand Chief Information Security Officer (CISO) service
- James also shares advice for fellow CEO's, including the importance of listening to your customers and raising capital in the correct way.
James did share one big takeaway for CEOs, about risk management solutions: Managing risk is an overall operational cost that does not deliver products cheaper, better or faster. However, it is necessary to manage internal and external risk, and to develop metrics to measure your success. Otherwise you will never know if you are spending too much or too little on your risk management solution, or how successful your solution actually is.
Posted by Rick D'angona on Tue, Aug 31, 2010 @ 09:55 AM
Evantix is pleased to announce that René Barraza has joined the company as its Vice President of Sales.
René is an accomplished leader with over 27 years in Enterprise Sales with organizations like AT&T, USWest, Exodus and Trend Micro. He has managed multi-billion dollar books of business and has a successful record of effectively managing a sales organization to aggressively grow revenue and client acquisition.
His long career of achievement in revenue generation and strategic sales has proven to be a key value in contracting & winning clients in verticals in the Financial, High-Tech, Health Care and Emerging Growth sectors.
“I have worked with Rene for several years and I am very excited by his decision to join us. He is the consummate professional with a strong track record and a winning attitude,” said James Christiansen, CEO of Evantix.
Posted by Rick D'Angona on Mon, May 03, 2010 @ 10:04 AM
May 03, 2010 18:00 ET Evantix Named "Cool Vendor" 2010
ALISO VIEJO, CA--(Marketwire - May 3, 2010) - Evantix announced today that it was named to Gartner's prestigious "Cool Vendors of 2010" list in the Vendor Risk Management market segment. Gartner defines a "Cool Vendor" as a company that is intriguing, innovative, and impactful.
Gartner's research identified Evantix as a "Cool Vendor" due to its unique offering in the vendor risk management space.
"The proliferation of mandates for the risk monitoring of third-party suppliers (TPSs) that have access to personally identifiable information is by far the biggest current driver of VRM (Vendor Risk Management). These mandates include the state-level data breach notification laws in the U.S., the Payment Card Industry (PCI) standards, privacy regulations worldwide, and industry-specific regulations in healthcare, telecom, and banking"(1), writes French Caldwell, Vice President Gartner Research, in a recent report.
Evantix was recognized because it addresses two of the biggest challenges facing VRM. First, it helps organizations responsible for understanding their third-party supplier risk exposure deal with thousands of vendors they must monitor quickly and efficiently using a variety of industry standard frameworks. Second, service providers deluged by self-assessment surveys and audits from their customers are able to leverage the Evantix solution to provide one response that can be leveraged many times. Positioning itself as a "risk bureau," Evantix has developed a series of standardized risk reports on service providers across a broad spectrum of services. The big advantage for service providers is that their IT controls can be assessed once, and that assessment can be shared with multiple customers.
"We're proud to be recognized as a Cool Vendor by Gartner," said James Christiansen, CEO of Evantix. "Because Gartner is widely recognized as the leading research authority on vendor risk management, this distinction is especially meaningful. To be recognized for our product suite is extremely rewarding for our entire team."
Posted by Rick D'Angona on Tue, Mar 02, 2010 @ 09:00 AM
Mar 02, 2010 09:00
ALISO VIEJO, CA--(Marketwire - March 2, 2010) - Evantix, the IT Risk Reporting Bureau, announces its support for the 5.0 version of the Shared Assessments Program®. The Evantix IT/Risk Bureau™ acts as a Shared Assessments platform to streamline completion of the Shared Assessment "SIG" and "AUP"; creates an actionable at-a-glance risk report; enables cross-company remediation management and monitoring; and enables secure sharing of the results across companies.
"Designed specifically for programs like the Shared Assessments Program, the Evantix solution provides a critical market role by enabling the secure and scalable gathering, reporting, and management of IT, privacy, and business continuity risk information between business partners," said James Christiansen, Evantix chief executive officer.
To demonstrate the power of its platform, Evantix invites all companies using or interested in the Shared Assessments Program to take advantage of its no-cost trial to get or request that their suppliers get an Evantix Risk Report based upon the most recent version of the Shared Assessments tools.
Evantix is a Shared Assessments Program Assessment Firm member and Software Solution Licensee, and is authorized to process SIG and AUP results through its proprietary algorithms to produce risk ratings. The risk ratings are used to create the report that is provided to the subject. With the subject's express permission, the report can be securely shared with its customers, regulators, or other business partners.
Posted by Citlali Naranjo on Tue, Jan 12, 2010 @ 09:57 AM
Jan 12, 2010 10:00
New Evantix Vendor Risk Management Solution Specifically Designed to Meet FFIEC Guidelines.
ALISO VIEJO, CA--(Marketwire - January 12, 2010) - Evantix, the leading provider of vendor risk management solutions, has launched its ground breaking service for helping financial institutions meet FFIEC guidelines. The Federal Financial Institutions Examination Council (FFIEC) provides guidance and examination procedures to assist examiners and bankers in evaluating a financial institution's risk management processes for establishing, managing, and monitoring IT outsourcing relationships. The Federal Government's guidance and examination procedures require financial institutions to have a comprehensive outsourcing risk management process to govern their technology service provider (TSP) relationships.
Evantix offers the most comprehensive TSP risk management solution for meeting the specific needs of the FFIEC guidelines. Through Evantix's proprietary, patent pending risk-scoring and triage methods, you can take a true risk-based approach to achieving compliance at a fraction of the time and cost of other solutions. "We have developed a solution which not only simplifies compliance with the FFIEC guidelines, but also gives Banks world class business intelligence into the real risk of their various vendor relationships," said James Christianson, CEO of Evantix.
Posted by Citlali Naranjo on Sat, Jun 13, 2009 @ 09:58 AM
Jun 13, 2008 20:04
Evantix to Participate in Key Standards Setting Body Protecting Payment Cardholder Data
ALISO VIEJO, CA--(Marketwire - June 13, 2008) - Evantix, provider of e-business risk and compliance management solutions, announced today that it has joined the PCI Security Standards Council as a new participating organization. As a Participating Organization, Evantix will work with the Council to evolve the PCI Data Security Standard (DSS) and other data protection standards.
The PCI DSS, endorsed by American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa Inc., requires merchants and service providers that store, process or transmit customer payment card data to adhere to information security controls and processes that ensure data integrity. More information on the council and the standard can be found at www.pcisecuritystandards.org.
As a Participating Organization, Evantix will now have access to the latest payment card security standards from the Council, be able to provide feedback on the standards and become part of a growing community that now includes more than 450 organizations. In an era of increasingly sophisticated attacks on systems, adhering to the PCI DSS represents an entity's best protection against data criminals. By joining as a Participating Organization, Evantix is adding its voice to the process.
"The PCI Security Standards Council is committed to helping everyone involved in the payment chain protect consumer payment data," said Bob Russo, General Manager of the PCI Security Standards Council. "By participating in the standards setting process, Evantix demonstrates they are playing an active part in this important end goal."
"PCI compliance is essential for maintaining trust and confidence in the payment card industry. Evantix provides a PCI management platform that acquiring banks, merchants, and their independent auditors can use to dramatically cut the cost, time, and risk associated with managing PCI compliance. Results are presented in business terms, for business people," said James Christiansen, CEO, Evantix.
Posted by Citlali Naranjo on Tue, Mar 31, 2009 @ 09:58 AM
Mar 31, 2009 15:00
ALISO VIEJO, CA--(Marketwire - March 31, 2009) - Evantix, the leading provider of on-demand risk intelligence solutions, announces the release of its new ID Theft Risk Assessment module, the latest addition to Evantix RiskManager™. This new module helps companies measure risks associated with non-compliance to the recently released set of Federal Trade Commission (FTC) requirements known as "Red Flags."
With this new module, Evantix has created a screening process that assists companies to quickly determine whether or not they are subject to this FTC regulation. Only those companies that satisfy the criteria of owning "covered accounts" must comply with the Red Flags rule and take the prescribed steps to mitigate risk to consumer data.
These new FTC Red Flags regulations are intended to mitigate the damages posed by identity theft to financial institutions and their customers. Effective May 1, 2009, these regulations require all financial institutions and creditors with "covered accounts" to implement programs that detect, prevent, and mitigate instances of identity theft.
"The Evantix solution shortens the time and reduces the costs associated with demonstrating compliance to Red Flags," said James Christiansen, Evantix chief executive officer, "and creates the basis for an on-going training and governance program."
For a limited time, Evantix is offering a Red Flags Risk Control Report, free of charge. By building the Red Flags framework into the Evantix Risk Intelligence Portal™, Evantix has helped both financial institutions and their suppliers gain the visibility that regulators are demanding for safeguarding consumer data, whether it is processed across the street or around the world.