GREYCASTLE SECURITY ACQUIRES ORANGE PARACHUTE

[GreyCastle Security Acquires Orange Parachute, Expands Footprint and Service Offerings]

GreyCastle Security Acquires Orange Parachute, Expands Footprint and Service Offerings

GreyCastle Security, the industry’s leading cybersecurity risk assessment, advisory and mitigation solutions provider, has acquired information security management consulting firm, Orange Parachute.

Orange Parachute, based in Minneapolis, Minnesota, was founded in 2002 and has specialized in aiding companies establish efficient, effective and sustainable information security management and compliance programs. Their solutions were based on providing the power of informed choice to their clients across North America.

As the leading ISO 27001 and Information Security Management Systems (ISMS) consulting firm in the U.S., Orange Parachute adds a suite of information security and compliance services to GreyCastle Security’s already comprehensive service catalog, including cybersecurity risk assessment, vulnerability assessment, penetration testing, incident response, awareness and governance.

“Our strategic partnership with Orange Parachute positions GreyCastle Security as the leading cybersecurity firm in the U.S. and the only one that addresses both cybersecurity risks and the overwhelming talent shortage plaguing businesses today,” said GreyCastle Security CEO, Reg Harnish. “Together, we will continue to transform how businesses manage their risks, protect their assets and position themselves for success in an ever-evolving environment.”

Along with the acquisition, Orange Parachute’s founder and Chief Strategy Officer, Travis Hyde, will assume the role of Chief Culture Officer (CCO) at GreyCastle Security, joining an executive team that includes GreyCastle co-founders Harnish (CEO) and Mike Stamas (CBDO). As CCO, Hyde will work with all GreyCastle Security employees to share and execute the company’s mission and vision.

“From the moment I first spoke with GreyCastle Security’s CEO Reg Harnish and CSO Dan Kalil, I could tell that we shared a passion for building a globally recognized cybersecurity brand comprised of world-class people, both at work and on the street," said Hyde. "GreyCastle Security’s commitment to building the best culture in the business, driven by people who could exercise core values like humble confidence and transparency, aligned perfectly with our mission at Orange Parachute.”

GreyCastle Security employs 60 employees, consisting of former CISOs, ISOs, security specialists and operators, who understand the intricacies of cybersecurity risks from the inside out.

The Troy, New York-based firm has experienced six consecutive years of triple-digit growth and is currently working with organizations in nearly every state in the United States, including Fortune 5000 and Global 100 organizations. In addition to their inaugural placement in this year’s Inc. 5000 list of fastest growing companies, GreyCastle Security also improved its position on the Cybersecurity 500 list and earned the 2015 Technology Innovation Award from the Center for Economic Growth.

The award-winning firm has also been featured in TIME, CNBC, The Washington Post, CBS Nightly News and Forbes, and CEO, Reg Harnish, was recently named North America’s Cybersecurity Consultant of the Year by the Cybersecurity Excellence Awards.

About GreyCastle Security

GreyCastle Security is the industry’s leading provider of cybersecurity risk assessment, advisory and mitigation services. The company was founded to help organizations establish effective cybersecurity programs, minimize the impact of security incidents and simplify regulatory compliance. GreyCastle Security services clients throughout North America, specializing in cybersecurity for healthcare, higher education, technology, financial services, manufacturing, retail and critical infrastructure.

GreyCastle Security's innovative approach to service delivery completely eradicates an organization's need to recruit and retain cybersecurity talent. GreyCastle Security’s award-winning cybersecurity programs are delivered continuously and managed proactively by certified experts, including risk assessment, vulnerability assessment, penetration testing, incident response, awareness and governance.

GreyCastle Security is a subsidiary of Assured Information Security (AIS). For additional information regarding AIS, please visit http://www.ainfosec.com.