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SAN ANTONIO, May 14, 2019 (GLOBE NEWSWIRE) -- Rackspace today announced a new program that provides affordable FedRAMP compliance for SaaS providers, Rackspace Inheritable Security Controls (RISC), powered by Telos® Corporation’s Xacta. Leveraging the power of FedRAMP inheritance and Rackspace’s existing Joint Authorization Board (JAB)-authorized platform-as-a-service, RISC significantly shortens the time and reduces the cost required to achieve Authorization to Operate (ATO) for independent software vendors (ISVs) selling software-as-a-service (SaaS) to the federal government.
The standard process of hiring hourly consultants to obtain a new SaaS ATO can take more than two years and cost over two million dollars. This high-risk journey can make it virtually impossible for ISVs to make the internal business case for working with the government. This prevents the government from receiving the same cloud-enabled innovations that are easily accessible to the private sector.
RISC has achieved federal ATOs in a fraction of the time, with cost savings of up to 70 percent.
“Our joint approach to the FedRAMP process represents a significant departure from traditional, consultant-led engagements typically required to provide federally compliant solutions,” said Raymond Kalustyan, vice president and general manager of Rackspace Government Solutions. “Through enhanced automation and cyber risk management capabilities, RISC helps ISVs bring cloud solutions to the government quickly and with a much lower investment than previously required. Think of it as FedRAMP-as-a-Service.”
Aligning efforts with Telos, provider of continuous security solutions for the world’s most security-conscious organizations, RISC is leveraging Telos’ Xacta, a first-of-its-kind cyber risk management solution that automates the necessary FedRAMP authorization package, including documentation, registration of projects, assessments, authorizations and continuous monitoring. Also participating in the RISC program are SecureIT, an accredited Third Party Assessment Organization (3PAO), delivering full lifecycle FedRAMP assessment and advisory solutions, and Carahsoft, a public sector distributor for Rackspace.
Rackspace, Telos, SecureIT and Carahsoft offer ISV customers a simplified path through FedRAMP via an affordable three-step program that includes:
“Navigating the FedRAMP process can be a daunting task for ISVs,” said Steve Horvath, vice president of strategy and vision for Telos. “Using our proven cyber risk management solution, Xacta, Rackspace has made it easier for organizations to tackle the FedRAMP process, fast-tracking their ability to sell to the federal government.”
Rackspace provides 24x7x365 hybrid-cloud management, operational support and security services as a packaged, on-demand, audited and pay-as-you-go service. Whether organizations are looking for assistance with FedRAMP, FISMA, DFARS or other security and compliance needs, Rackspace offers a team of unbiased experts across a range of leading cloud and infrastructure technologies — built on a compliance-ready framework and backed by ongoing managed operations, continuous monitoring, security services, living compliance documentation and audit assistance. Rackspace is a trusted government solutions partner, from business case through ATO.
For additional information on the new RISC, powered by Xacta offering, please visit www2.telos.com/risc-fedramp-workshop.
At Rackspace, we accelerate the value of the cloud during every phase of digital transformation. By managing apps, data, security and multiple clouds, we are the best choice to help customers get to the cloud, innovate with new technologies and maximize their IT investments. As a recognized Gartner Magic Quadrant leader, we are uniquely positioned to close the gap between the complex reality of today and the promise of tomorrow. Passionate about customer success, we provide unbiased expertise, based on proven results, across all the leading technologies. And across every interaction worldwide, we deliver Fanatical Experience.™ Rackspace has been honored by Fortune, Forbes, Glassdoor and others as one of the best places to work. Learn more at www.rackspace.com or call 1-800-961-2888.
About Telos Corporation
Telos Corporation empowers and protects the world’s most security-conscious organizations with cyber, cloud and enterprise security 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 to ensure that personnel can work and collaborate securely and productively. The company serves military, intelligence and civilian agencies of the federal government, allied nations and commercial organizations around the world. The company is a recipient of the prestigious James S. Cogswell Outstanding Industrial Security Achievement Award from the Defense Security Service (DSS), awarded to less than .03% of eligible organizations. For more information, visit www.telos.com and follow us on Twitter @TelosNews.
Merritt Group (for Telos)