62.2 F
New York
Friday, September 24, 2021

Why CynergisTek [CTEK] is Skyrocketing Today?

Must read

XPeng [NYSE: XPEV] Backed HT Aero Launch Flying Vehicle City Usage Scenarios

XPeng Inc. disclosed that HT Aero has launched future urban usage scenarios for its fifth-generation flying vehicle XPeng X2 (X2). It includes independent...

Metrospaces Choose Cryptobucks as Preferred Cryptocurrency Partner

Metrospaces disclosed that it has selected Cryptobucks as its preferred cryptocurrency partner. It has inked an agreement to consolidate Cryptobucks into all of its...

Novartis [NYSE: NVS] Announces Acquisition of Arctos Medical

Novartis AG disclosed that it has acquired Arctos Medical. This purchase decision will add a pre-clinical optogenetics-based AAV gene therapy program and Arctos’...

Mastercard [NYSE: MA] Announces Launch of Sustainability Innovation Lab

Mastercard Incorporated has introduced a new sustainability innovation lab. The firm disclosed that its new lab will lead the further development of the...

CynergisTek, Inc. [AMEX: CTEK] skyrocketed 24.73% during the trading session of Wednesday. The positive performance of the firm indicated the positive sentiments of the investors after the firm disclosed that its division Redspin has become the first organization that has passed the Cybersecurity Maturity Model Certification (CMMC) Level 3 certification as a Candidate CMMC Third-Party Assessor Organization (C3PAO).

It has been disclosed that the US DoD is planning to cut the projected $600 billion in cybercrime losses influencing the nation’s military supply chain every year by demanding a third-party cybersecurity assessment of contractors with access to federal contract information (FCI) and controlled unclassified information (CUI).

Shares of CynergisTek, Inc. [AMEX: CTEK] soared 24.73% as it gained +0.46 at the time of writing on Wednesday. The firm has recorded a trading volume of 4.22 million as compared to the average volume of 78.76K. In the past 52-week of a trading session, the share oscillated $0.96 from its 52-week low range. Furthermore, its shares fluctuated $2.90 from its 52-week high range. CTEK has a total market capitalization of $22.19 million at the time of writing.

Redspin can now work contractually with Organizations Seeking Certification (OSCs) after this authorization. Additionally, it is now able to carry out evaluations based on CMMC Levels 1-3. In the CMMC model, Defense Industrial Base (DIB) contractors cannot bargain on security. It becomes a compulsory obligation to gain or repair a DoD contract.

More articles

Latest article

ReneSola [NYSE: SOL] and Eiffel’s Joint Venture Buys Its First 200 MW Project Portfolio

ReneSola Ltd disclosed that European Solar Energy Development JV has finalized the purchase of its first batch of solar projects with a combined...

Square [NYSE: SQ] Launch its Early Access Program in Spain

Square, Inc. which has earned a reputation as a software, payments, and hardware solution firm for all types of businesses disclosed that it...

Ideanomics [NASDAQ: IDEX] Decides to Increase Stake in Energica

Ideanomics, Inc. disclosed that it has decided to ink an agreement with Energica Company. As per the agreement, the firm has decided to...

L3Harris’ [NYSE: LHX] Robot Chosen to Protect US Air Force Bases Around the Globe

L3Harris Technologies, Inc. disclosed that it has received a huge contract from US Air Force. The firm revealed that its robot will now...

Tower Semiconductor [NASDAQ: TSEM] Introduces Breakthrough LiDAR Technology

Tower Semiconductor Ltd. has introduced a breakthrough development of LiDAR IC technology created for sophisticated driver-assistance systems (ADAS) and ultimately self-driving cars. The...

KKR [NYSE: KKR] Decides to Divest Riata Corporate Park

KKR & Co. Inc. has disclosed that it has decided to divest the Riata Corporate Park. Riata Corporate Park is an eight-building, 688,100...

3D Systems [NYSE: DDD] Unveil VisiJet Wax Jewel Red

3D Systems Corporation has launched the VisiJet Wax Jewel Red. It will allow jewelry makers to design and create more sophisticated, lasting patterns....

Xerox [NYSE: XRX] Announces Transfer of Stock Exchange Listing to Nasdaq from NYSE

Xerox Holdings Corporation has made an important announcement regarding its listing on Stock Exchange. The firm has revealed that it has decided to...