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Dorchester Center, MA 02124
Ashburn, Va. – September 15, 2022 – Telos Company (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 Safety as a part of IBM’s Energetic Governance Companies (AGS) that permits enterprises to operationalize and automate actions and clear up challenges in cybersecurity compliance and regulatory dangers.
“The variety of international, nationwide and native compliance necessities are rising, which implies enterprises now have large quantities of safety controls to implement, take a look at and report on,” mentioned John B. Wooden, Telos CEO and chairman. “Telos and IBM Safety are excited to deal with this challenge collectively by leveraging our mixed and intensive experience in IT threat administration and compliance to create effectivity out of chaos and supply efficient options to the audit fatigue challenge.”
AGS helps organizations overcome the challenges and prices related to regulatory compliance, particularly audit fatigue. In line with a 2020 research, organizations, on common, should adjust to 13 completely different IT safety compliance and privateness laws, which requires a group of twenty-two devoted employees members and leads to 58 working days per quarter spent responding to audit proof requests. Past audit fatigue, the research additionally discovered that 86% of respondents believed compliance is or shall be a problem when transferring programs, purposes, and infrastructures to the cloud.
The AGS answer, out there through IBM Safety Companies, addresses these challenges by combining IBM’s world-class experience to plan, design, deploy, operationalize, and speed up cyber compliance and governance packages, and Telos’ Xacta® IT Danger Administration platform that automates essentially the most time-consuming points of compliance and audit actions like management choice, validation, reporting, and monitoring.
“Each group should meet compliance, regulatory, contractual, and privateness obligations – nobody is exempt. Nonetheless, particular person organizations have completely different threat appetites, tolerance ranges, missions, and objectives,” mentioned Dimple Ahluwalia, VP & international managing accomplice, IBM. “AGS helps take the guesswork out of managing cybersecurity threat and compliance – all with confirmed know-how, methods, full visibility, and ongoing knowledgeable assist. We’re thrilled to be working with Telos on this vital problem that faces right now’s enterprises.”
The AGS answer, out there through IBM Safety Companies, makes use of strategic planning, responsive compliance reporting, proactive monitoring and automation, all whereas leveraging current instruments to create a extra ordered strategy to IT threat administration and compliance. The answer is scalable throughout hybrid, multi-cloud, and on-premises architectures and programs, bringing much-needed peace of thoughts to these on the entrance traces of the cybersecurity battle. The facility of automation is on full show with AGS, lowering system compliance time as much as 90% sooner, the time to generate regulatory documentation by as much as 70%, in addition to the time to analysis vulnerabilities by as much as 90%.
To be taught extra about AGS, please go to https://www.telos.com/choices/ibm-active-governance-services-xacta.
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 Firm’s administration’s present beliefs, expectations and assumptions about future occasions, circumstances and outcomes and on data 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 rely on circumstances that will or could not happen sooner or later. The Firm believes that these dangers and uncertainties embrace, however aren’t restricted to, these described underneath the captions “Danger Elements” and “Administration’s Dialogue and Evaluation of Monetary Situation and Outcomes of Operations” set forth every so often within the Firm’s filings and experiences with the U.S. Securities and Trade Fee (SEC), together with its Annual Report on Kind 10-Okay for the yr ended December 31, 2021, in addition to future filings and experiences by the Firm, copies of which can be found at https://buyers.telos.com and on the SEC’s web site at www.sec.gov.
Though the Firm bases these forward-looking statements on assumptions that the Firm’s administration believes are affordable when made, they warning the reader that forward-looking statements aren’t ensures of future efficiency and that the Firm’s precise outcomes of operations, monetary situation and liquidity, and trade developments, could differ materially from statements made in or recommended by the forward-looking statements contained on this launch. Given these dangers, uncertainties and different elements, lots of that are past its management, the Firm cautions the reader to not 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 regulation, the Firm undertakes no obligation to replace any forward-looking assertion publicly, or to revise any forward-looking assertion to replicate occasions or developments occurring after the date of the assertion, even when new data turns into out there sooner or later. Comparisons of outcomes for present and any prior durations aren’t supposed to specific any future tendencies or indications of future efficiency, except particularly expressed as such, and will solely be considered as historic information.
About Telos Company
Telos Company (NASDAQ: TLS) empowers and protects the world’s most security-conscious organizations with options for steady safety assurance of people, programs, and data. Telos’ choices embrace cybersecurity options for IT threat administration and data safety; cloud safety options to guard cloud-based property 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 Firm serves business enterprises, regulated industries and authorities prospects world wide.