N.J. (PRWEB) March 23, 2018
HLC LLC, a leading provider of information security assessments and other cybersecurity solutions for the regulated financial and professional services industries, today announced a strategic acquisition of Control Catalyst, an information security technology company for the life sciences industry, to help grow its solutions platform. Helical, Inc., an HLC company, will leverage the collective teams and technologies of HLC and Control Catalyst to build a next generation security monitoring and governance solution.
“Our clients face growing threats and pressure from regulatory agencies and increased risk in data security and privacy as the use of remote access and cloud applications continues to grow. Enhancing our existing platform with Control Catalyst technology will enable our clients to better manage their cybersecurity program and implement stronger cybersecurity controls in a way that is customized to their unique needs,” said Eric Hess, Managing Director of HLC LLC. “We are also excited to have Anant Naganathan join our leadership team to head Security, Compliance and Product Management going forward.”
“Control Catalyst is excited about the opportunity to partner with HLC and leverage their deep, practical expertise to guide the development of our product offering,” stated Bill Wilson, CEO of Control Catalyst. “Anant and our team have built high quality information security audit and monitoring tools. This acquisition will enable the great teams of Control Catalyst and HLC to carry that work forward.”
This transaction will provide clients with access to automated tools to:
- Manage security controls across local, cloud based and remote system environments;
- Verify basic security controls of third party providers; and
- Audit, track and manage risk across their enterprise environments.
The acquisition will also provide clients with access to a broader and deeper team of seasoned technical experts with extensive information security application development experience.
“We are proud of our proven track record of providing a high level of service to our clients. We look forward to continuing to grow our service and product offerings to deliver the flexible and effective solutions that our clients have grown to appreciate,” stated Hess.
HLC LLC - HLC is a leading provider of information security assessments, as well as compliance, governance, and security operations advice and solutions for small to mid-sized clients in the regulated financial and professional services industries. HLC LLC takes a hands on, customized, pragmatic approach with regards to each of its clients, providing assessments and solutions that are designed to our clients' unique environments. In addition, HLC guides firms in ensuring that their security program implementation meets both their regulatory requirements, as well as their internal policies and procedures.
Helical Inc. - Helical is an innovative information security product company focused on providing small to mid-sized enterprises with information security program management tools built for their needs. Helical's dashboard-based solutions integrate with cloud based, on premises or hybrid environments. Helical's solutions promise right sized information security compliance, governance and security operations monitoring and management tools for those organizations who need to manage increasingly complicated security requirements with minimal resources. Helical's products also tackle how firms can monitor their remote operations, independent contractors and vendors with monitoring tools that are minimally invasive and provide the requisite degree of assurance. Helical is operated by HLC.