Press release
Telos Corporation’s Xacta Platform Prioritized by FedRAMP JAB to Pursue FedRAMP High
ASHBURN, Va., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the
About this update from Telos Corporation
[{"type":"text","content":"ASHBURN, Va., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, today announced that its cyber risk management and compliance solution, Xacta®, has been prioritized by the U. S. Federal Risk and Authorization Management Program (FedRAMP®) to pursue a Provisional Authority to Operate (P-ATO) from the Joint Authorization Board (JAB).\n According to the JAB Prioritization Criteria and FedRAMP Connect Guide, “FedRAMP may prioritize up to 12 cloud service offerings (CSOs) per year,” and that “the most important criteria for JAB prioritization is to demonstrate government-wide demand for the CSO.”\n “Receiving the prioritization to pursue a provisional ATO from the Joint Authorization Board speaks to the trust in and value of Xacta within the federal government,” said John B. Wood, CEO and chairman at Telos. “Furthermore, ultimately achieving our P-ATO will provide multiple defense industry base (DIB) and government agencies a validated SaaS option for our OSCAL-enabled premiere cyber risk management and compliance solution.”\n FedRAMP is a government-wide program that promotes the adoption of secure cloud services across the federal government, reinforced in the FedRAMP Authorization Act, part of the FY2023 National Defense Authorization Act, by providing a standardized approach to security and risk assessment for cloud technologies and federal agencies. The JAB is the primary governance and decision-making body for FedRAMP, which consists of the CIOs from the Department of Defense, the Department of Homeland Security, and the General Services Administration.\n The Xacta suite of enterprise cyber risk management and compliance automation solutions helps organizations meet the complex challenges of managing IT risk with continuous compliance monitoring, security assessment and ongoing authorization. For more information about Xacta, including various use cases, visit www.telos.com/xacta.\n Forward-Looking Statements This press release contains forward-looking statements which are made under the safe harbor provisions of the federal securities laws. These statements are based on the Company’s management’s current beliefs, expectations and assumptions about future events, conditions and r...