Charles River Associates (CRA) Announces Strategic Alliance with Tanium
September 15 2020 - 8:30AM
Business Wire
Alliance Will Target Unique IT Security Risks
Associated with Remote Office Environments
Charles River Associates (NASDAQ: CRAI), a worldwide leader in
providing economic, financial, and management consulting services,
today announced that CRA has formed a strategic alliance with
Tanium, a leading provider of unified endpoint management and
security. The alliance will bring together the deep technical
information security expertise, threat intelligence and consulting
practices of CRA’s Forensic Services Practice with massively
scalable endpoint visibility and management from Tanium to help
companies around the world address the challenges of securing and
managing largely remote workforces.
The rapid shift to a work-from-home culture has exposed critical
IT gaps, such as unmanaged computers and servers, and pitfalls in
information security hygiene. According to research released by
Tanium in July, 98 percent of CIOs and CISOs reported increased
security challenges in the first two months of the COVID-19
pandemic. Ninety percent of respondents also reported an increase
in the number of malicious cyberattacks.
“Information security vulnerabilities and missing critical
patches continue to be one of the leading concerns for boards, GCs
and CEOs,” said CRA Forensic Services Vice President Aniket
Bhardwaj. “CRA consultants have been working closely with Tanium
for years to address these challenges, as well as mitigate and
detect threats and attacks. Through this strategic alliance, we’re
now combining CRA’s incident response, threat detection, and
cybersecurity consulting capabilities with the scalability of
Tanium in new ways to rapidly address key information security
challenges associated with remote work.”
Tanium provides unified endpoint management and security built
for the world's most demanding IT environments, including all six
branches of the US armed forces and nearly half of the Fortune 100.
The company’s innovative approach decentralizes data collection,
aggregation and distribution down to the endpoint, dramatically
reducing direct client-to-server communications to deliver
transformational scale, speed, and reliability. CRA uses Tanium
across multiple proactive and reactive solution areas, including
Cyber Incident Response, Compromise Discovery Assessments, Managed
Security Hygiene (MSH), Managed Detection & Response (MDR), and
strategic information security consulting.
“Our combined team can help GCs assess and address regulatory
compliance, legal risk, and disclosures to investors and
creditors,” said Kristofer Swanson, CRA’s Forensic Services
Practice Leader. “In the current environment, cyber criminals are
increasingly brazen, and the risk of employee data security theft
and non-compliance has never been higher. We help bridge the gap
between legal, information security, and the business, thereby
helping to unleash the full power of the organization.”
“This strategic alliance brings together expert consulting
services with an endpoint management and security solution that’s
purpose-built to scale to the needs of the types of leading
organizations CRA serves,” said Tom Hermann, VP, Strategic
Alliances at Tanium. “CRA has long been trusted by Tanium customers
for their deep domain expertise, and we look forward to building on
our alliance in the months to come.”
CRA’s Forensic Services Practice
CRA’s Forensic Services Practice was recently honored in the
National Law Journal’s “Best of 2020” for being one of the top
three Forensic Accounting Providers in the country, and by Global
Investigations Review as one of ten forensic practices from around
the world for handling sophisticated investigations. The Practice –
including our state-of-the art digital forensics, eDiscovery and
cyber incident response labs – has been certified under
International Organization for Standardization (ISO) 27001:2013
requirements as part of our industry-leading commitment to our
clients and their information security.
About Charles River Associates (CRA)
Charles River Associates® is a leading global consulting firm
specializing in economic, financial, and management consulting
services. CRA advises clients on economic and financial matters
pertaining to litigation and regulatory proceedings, and guides
corporations through critical business strategy and
performance-related issues. Since 1965, clients have engaged CRA
for its unique combination of functional expertise and industry
knowledge, and for its objective solutions to complex problems.
Headquartered in Boston, CRA has offices throughout the world.
Detailed information about Charles River Associates, a registered
trade name of CRA International, Inc., is available at
www.crai.com. Follow us on LinkedIn, Twitter, and Facebook.
SAFE HARBOR STATEMENT
Statements in this press release concerning CRA’s alliance with
Tanium and future business and revenue that this alliance may
generate are “forward-looking” statements as defined in the Private
Securities Litigation Reform Act of 1995. These statements are
based upon management’s current expectations and are subject to a
number of factors and uncertainties. Information contained in these
forward-looking statements is inherently uncertain, and actual
performance and results may differ materially due to many important
factors. Such factors that could cause actual performance or
results to differ materially from any forward-looking statements
made by CRA include, among others, the failure to generate
engagements for us; dependence on the growth of our litigation or
strategy consulting practice, the potential loss of clients; the
demand environment; global economic conditions; foreign exchange
rate fluctuations; and intense competition, as well as other
potential factors that could affect our financial results are
included in our periodic filings with the Securities and Exchange
Commission, including those under the heading “Risk Factors.” We
cannot guarantee any future results, levels of activity,
performance, or achievement. We undertake no obligation to update
any forward-looking statements after the date of this press
release, and we do not intend to do so.
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Media Relations CRA International media@crai.com
617-425-6453
Nicholas Manganaro Sharon Merrill Associates, Inc.
crai@investorrelations.com 617-542-5300
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