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ASHBURN, Va., Sept. 15, 2022 (GLOBE NEWSWIRE) — Telos Corporation (NASDAQ: TLS), a number one supplier of cyber, cloud and enterprise safety options for the world’s most security-conscious organizations, is happy to announce a collaboration with IBM Security as a part of IBM’s Active Governance Services (AGS) that permits enterprises to operationalize and automate actions and clear up challenges in cybersecurity compliance and regulatory dangers.
“The number of global, national and local compliance requirements are increasing, which means enterprises now have massive amounts of security controls to implement, test and report on,” mentioned John B. Wood, Telos CEO and chairman. “Telos and IBM Security are excited to address this issue together by leveraging our combined and extensive expertise in IT risk management and compliance to create efficiency out of chaos and offer effective solutions to the audit fatigue issue.”
AGS helps organizations overcome the challenges and prices related to regulatory compliance, particularly audit fatigue. According to a 2020 examine, organizations, on common, should adjust to 13 completely different IT safety compliance and privateness laws, which requires a staff of twenty-two devoted workers members and leads to 58 working days per quarter spent responding to audit proof requests. Beyond audit fatigue, the examine additionally discovered that 86% of respondents believed compliance is or shall be a difficulty when transferring methods, purposes, and infrastructures to the cloud.
The AGS answer, out there through IBM Security Services, addresses these challenges by combining IBM’s world-class experience to plan, design, deploy, operationalize, and speed up cyber compliance and governance applications, and Telos’ Xacta® IT Risk Management platform that automates probably the most time-consuming features of compliance and audit actions like management choice, validation, reporting, and monitoring.
“Every organization must meet compliance, regulatory, contractual, and privacy obligations – no one is exempt. However, individual organizations have different risk appetites, tolerance levels, missions, and goals,” mentioned Dimple Ahluwalia, VP & world managing accomplice, IBM. “AGS helps take the guesswork out of managing cybersecurity risk and compliance – all with proven technology, techniques, complete visibility, and ongoing expert support. We are thrilled to be working with Telos on this important challenge that faces today’s enterprises.”
The AGS answer, out there through IBM Security Services, makes use of strategic planning, responsive compliance reporting, proactive monitoring and automation, all whereas leveraging present instruments to create a extra ordered method to IT danger administration and compliance. The answer is scalable throughout hybrid, multi-cloud, and on-premises architectures and methods, bringing much-needed peace of thoughts to these on the entrance traces of the cybersecurity battle. The energy of automation is on full show with AGS, decreasing system compliance time up to 90% quicker, the time to generate regulatory documentation by up to 70%, in addition to the time to analysis vulnerabilities by up to 90%.
To study extra about AGS, please go to https://www.telos.com/offerings/ibm-active-governance-services-xacta.
Forward-Looking Statements
This press launch accommodates forward-looking statements that are made underneath the protected harbor provisions of the federal securities legal guidelines. These statements are based mostly on the Company’s administration’s present beliefs, expectations and assumptions about future occasions, situations and outcomes and on info at the moment out there to them. By their nature, forward-looking statements contain dangers and uncertainties as a result of they relate to occasions and depend upon circumstances that will or might not happen sooner or later. The Company believes that these dangers and uncertainties embrace, however should not restricted to, these described underneath the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” set forth from time to time within the Company’s filings and stories with the U.S. Securities and Exchange Commission (SEC), together with its Annual Report on Form 10-Okay for the yr ended December 31, 2021, in addition to future filings and stories by the Company, copies of which can be found at https://investors.telos.com and on the SEC’s web site at www.sec.gov.
Although the Company bases these forward-looking statements on assumptions that the Company’s administration believes are affordable when made, they warning the reader that forward-looking statements should not ensures of future efficiency and that the Company’s precise outcomes of operations, monetary situation and liquidity, and trade developments, might differ materially from statements made in or instructed by the forward-looking statements contained on this launch. Given these dangers, uncertainties and different components, a lot of that are past its management, the Company cautions the reader not to place undue reliance on these forward-looking statements. Any forward-looking assertion speaks solely as of the date of such assertion and, besides as required by legislation, the Company undertakes no obligation to replace any forward-looking assertion publicly, or to revise any forward-looking assertion to mirror occasions or developments occurring after the date of the assertion, even when new info turns into out there sooner or later. Comparisons of outcomes for present and any prior durations should not supposed to categorical any future traits or indications of future efficiency, except particularly expressed as such, and will solely be seen as historic knowledge.
About Telos Corporation
Telos Corporation (NASDAQ: TLS) empowers and protects the world’s most security-conscious organizations with options for steady safety assurance of people, methods, and knowledge. Telos’ choices embrace cybersecurity options for IT danger administration and knowledge safety; cloud safety options to defend cloud-based belongings and allow steady compliance with trade and authorities safety requirements; and enterprise safety options for id and entry administration, safe mobility, organizational messaging, and community administration and protection. The Company serves industrial enterprises, regulated industries and authorities clients all over the world.
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