Next Generation of Telos’ Cyber Risk Management Platform Streamlines Security Data Sharing for Faster Compliance Reporting and Approval
August 11 2021 - 08:16AM
Telos® Corporation, a leading provider of cyber, cloud and
enterprise security solutions for the world’s most
security-conscious organizations, today announced the launch of
Xacta® 360 1.7, the latest version of its cyber risk management and
compliance analytics platform.
This new version introduces Essential Data Exchange (EDE), an
Xacta 360 capability that supports a variety of standards that
automate the sharing of compliance data among organizations and
applications for more efficient, less laborious compliance
management, reporting and audit collaboration.
“Telos is proud to be at the forefront of supporting data-driven
compliance in our Xacta solutions through EDE,” said Rick Tracy,
CSO and Xacta product manager, Telos. “These data-sharing
capabilities will allow our customers to collaborate on cyber risk
and compliance management activities more efficiently and
accelerate reciprocity when submitting security packages,
performing assessments and audits, and transferring crucial body of
evidence data in a tool-agnostic format.”
EDE currently supports three compliance data-sharing standards:
NIST’s Open Security Controls Assessment Language (OSCAL) standard,
which has been adopted by the FedRAMP cloud compliance program;
BoE.xml, used by the Intelligence Community; and Xacta Data
Exchange (XDE), used for audit collaboration.
The OSCAL capability enables Xacta users to submit FedRAMP
system security plans (SSP) in machine-readable format. This will
accelerate the approval process for inclusion in the FedRAMP
Marketplace and speed time-to-revenue for federal cloud
applications. Future versions of Xacta 360 will build upon OSCAL
capabilities to offer even more benefit for users in various
industries as NIST continues to develop the standard.
XDE is an open standard allowing users to share extensive cyber
risk and compliance management data in XML format between different
instances of Xacta or other risk management solutions. Highly
regulated organizations can use XDE to replace inefficient
document-centric security risk and compliance activities with
modern data-centric methods allowing for more efficient
machine-to-machine collaboration, regulatory reporting, and
reciprocity.
For more information about Xacta solutions and services, visit:
www.telos.com/xacta.
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
results and on information currently available to them. By their
nature, forward-looking statements involve risks and uncertainties
because they relate to events and depend on circumstances that may
or may not occur in the future. The Company believes that these
risks and uncertainties include, but are not limited to, those
described under the captions “Risk Factors” and “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations” set forth from time to time in the Company’s filings
and reports with the U.S. Securities and Exchange Commission (SEC),
including their Annual Report on Form 10-K for the year ended
December 31, 2020 and their Report on Form 10-Q for the quarter
ended March 31, 2021, as well as future filings and reports by the
Company, copies of which are available at www.investors.telos.com
and on the SEC’s website at www.sec.gov.
Although the Company bases these forward-looking statements on
assumptions that they believe are reasonable when made, they
caution the reader that forward-looking statements are not
guarantees of future performance and that the Company’s actual
results of operations, financial condition and liquidity, and
industry developments may differ materially from statements made in
or suggested by the forward-looking statements contained in this
release. Given these risks, uncertainties and other factors, many
of which are beyond their control, the Company cautions the reader
not to place undue reliance on these forward-looking statements.
Any forward-looking statement speaks only as of the date of such
statement and, except as required by law, the Company undertakes no
obligation to update any forward-looking statement publicly, or to
revise any forward-looking statement to reflect events or
developments occurring after the date of the statement, even if new
information becomes available in the future. Comparisons of results
for current and any prior periods are not intended to express any
future trends or indications of future performance, unless
specifically expressed as such, and should only be viewed as
historical data.
About Telos CorporationTelos Corporation
(NASDAQ: TLS) empowers and protects the world’s most
security-conscious organizations with solutions for continuous
security assurance of individuals, systems, and information. Telos’
offerings include cybersecurity solutions for IT risk management
and information security; cloud security solutions to protect
cloud-based assets and enable continuous compliance with industry
and government security standards; and enterprise security
solutions for identity and access management, secure mobility,
organizational messaging, and network management and defense. The
company serves military, intelligence and civilian agencies of the
federal government, allied nations and commercial enterprises
around the world.
Media:Mia Wilcoxmedia@telos.com
(610) 564-6773
Investors:Brinlea JohnsonThe
Blueshirt Group on behalf of Telos
Corporationbrinlea@blueshirtgroup.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/c68cb849-5aed-4413-a0d9-9d03cfa63fca
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