Emerging Technology, Government Business
Newswire | June 29, 2023
Revenue Solutions, Inc. (RSI), a leading provider of advanced SaaS solutions for government revenue management and control, is revolutionizing tax compliance through its cutting-edge AI technology. By leveraging the power of analytics and machine learning, RSI's flagship product, revX, empowers governments to streamline workflows, make data-driven decisions with unprecedented efficiency, and enhance revenue management.
"Governments around the world are facing increasing demands for efficiency, transparency, and compliance," says John Skinner, CEO of RSI. "At RSI, we are proud to be at the forefront of driving innovation that addresses these critical needs. revX Analytics is not just a technology solution; it represents a bold vision for transforming government operations through AI. We are empowering governments to unlock their full potential, enabling them to make more informed decisions, increase revenue, identify fraud, and optimize resources. We are committed to reinventing the way governments operate, and revX Analytics is the cornerstone of that revolution."
The core principle embedded in revX Analytics is the goal of making data-driven decisions. By offering an extensive range of business rules and functions, RSI enables governments to optimize resources, saving time and money. revX Analytics automates decisions where possible, while also identifying instances where staff input and involvement is crucial. Key areas of focus for revX Analytics to support government decision-making include Discovery, Compliance, Fraud Detection, Collections Prioritization and Optimization, and Audit Selection.
John Kitonis, CTO of RSI, highlights the company's continuous pursuit of innovation and technology advancement. "At RSI, we are constantly pushing the boundaries of what is possible with AI technology," says Kitonis. "We believe in being at the forefront of innovation, consistently exploring new approaches and technologies to improve our solutions. With revX Analytics, we have pushed a platform that not only harnesses the power of machine learning and data aggregation but also adapts to evolving compliance challenges. Our commitment to staying ahead of the curve ensures that our customers benefit from state-of-the-art technology that delivers accurate results, reduces workload, and enhances fraud detection. We are dedicated to empowering governments with the best tools available in the market."
revX Analytics modernizes fraud detection by implementing machine learning methods and model predictions. The solution effectively scores risk and applies rules and conditions to identify potentially fraudulent activity during returns processing. This approach helps reduce the workload of refund reviews, improves fraud identification accuracy, and ensures a higher level of scrutiny for fraudulent claims.
By leveraging AI technology, governments can significantly enhance their compliance review processes and identity verification protocols, resulting in a more secure and efficient revenue management system. With its advanced collections prioritization feature, revX Analytics assists governments in optimizing their delinquent account collections. By analyzing data from various sources, such as previous payment history, account aging, and risk-scoring algorithms, the platform enables governments to identify and prioritize accounts that require immediate attention.
This intelligent system ensures that collection efforts are focused on high-risk accounts, maximizing the chances of successful recovery while minimizing the resources spent on low-priority cases. By analyzing a wide range of data points, including historical patterns, anomalies, and compliance indicators, revX Analytics provides optimal courses of action for audit selection.
In a real-life scenario, a large State Department of Labor (DOL) benefited from RSI's analytics. Prior to RSI, the DOL identified fraud through manual processes, which became increasingly challenging due to the surge in claims during the pandemic. With the onset of the crisis, the volume of incoming claims skyrocketed from around 3,000 per week to approximately 90,000 per week, putting significant strain on the department's resources. At the same time, cases of potentially fraudulent identity increased from about nine per week to a staggering 4,500 per week. Manual case investigation was no longer feasible for the department's staff, who had to handle a 50,000% increase in workload.
With RSI as their trusted analytics partner, the DOL and RSI developed a phased approach to address the overwhelming increase in claims volume. Through automation, data aggregation, and advanced analytics, RSI enabled the DOL to process and identify fraudulent claims more efficiently improving fraud identification accuracy from 50% to nearly 92%. This prevented over 130,000 imposter claims and saved billions of dollars while ensuring valid claims were promptly processed and staff had more time to investigate problematic cases.
RSI's commitment to innovation is exemplified through its powerful analytics tools and capabilities. revX's AI-powered technology is revolutionizing fraud detection, optimizing workflows, and enabling data-driven decisions. The revX Platform empowers governments to effectively identify the level of risk and supply optimal courses of action, ensuring informed and strategic decision-making. As a result, governments can enhance revenue management, ensure compliance, and unlock new levels of efficiency and effectiveness.
About Revenue Solutions
Founded in 1996, Revenue Solutions, Inc.™ is the trusted, collaborative partner leading governments to innovation with the only cloud-native packaged software solution, revX™. Offered as Software as a Service (SaaS), revX™ is the preferred platform for government revenue processing. We empower public agencies and offices with solutions that improve citizen services, increase operational efficiency, collect additional revenue, and maximize compliance. For over 25 years, RSI™ has delivered transformative technology solutions across hundreds of client projects throughout the United States and Canada.
Business Wire | September 12, 2023
Semperis, a pioneer in identity-driven cyber resilience, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a partnership. Under the agreement, Carahsoft will serve as Semperis’ Public Sector Distributor, making the company’s industry-leading identity resilience platform available to the Public Sector through Carahsoft’s reseller partners and National Association of State Procurement Officials (NASPO) ValuePoint, National Cooperative Purchasing Alliance (NCPA), and OMNIA Partners contracts.
Active Directory (AD) and Azure AD (now Entra ID), used by 90% of organizations worldwide to authenticate and access critical applications and services, are under sustained attack in the Public Sector by numerous threat actors. The Semperis and Carahsoft partnership will accelerate delivery of comprehensive identity threat detection and response (ITDR) solutions for protecting hybrid AD environments across U.S. Public Sector entities.
“Our partnership with Carahsoft will further expand adoption of our identity-first security solutions designed to help Federal, State and Local Government agencies protect their critical identity systems from ransomware and other directory-related attacks,” said Jared Vichengrad, Vice President, Public Sector at Semperis. “We are excited to join Carahsoft’s trusted partner network of Government IT solution providers to prevent, detect and mitigate proliferating identity attacks that are disrupting operations in the Public Sector.”
Identity-related attacks on Public Sector entities are intensifying in scale and severity amidst an expanding digital attack surface and increasingly sophisticated attack techniques. Verizon’s 2023 DBIR reveals that from November 1, 2021, through October 31, 2022, public administration entities faced 3,273 incidents—and of those, 584 with confirmed data disclosure.
The Public Sector is a high-value target for cyber criminals who seek to disrupt State and Local Governments, schools and public utilities in record numbers. These attacks can steal or encrypt data, disturb services and jeopardize public safety. Public Sector organizations are particularly vulnerable to AD attacks because of legacy infrastructure, lack of identity security expertise and limited resources. With a multi-layered defense approach that spans the identity attack lifecycle, Semperis offers the industry’s most comprehensive security and recovery solutions for hybrid AD environments, combined with deep incident response expertise.
“We are thrilled to partner with Semperis and our reseller network to offer its identity resilience platform, provide advanced ITDR solutions and protect Public Sector customers’ hybrid AD systems from attacks,” said Brian O’Donnell, Vice President of Cybersecurity solutions at Carahsoft. “We repeatedly see how vital it is to prevent bad actors from infiltrating Government systems and how having the right solutions on board can make a significant impact in remediation. We are committed helping Public Sector organizations get access to Semperis solutions to safeguard citizens’ data and facilitate uninterrupted Public Sector services.”
Semperis’ technology and services are available through Carahsoft’s NASPO ValuePoint Master Agreement #AR2472, NCPA Contract NCPA01-86, and OMNIA Partners Contract #R191902. For more information, contact the Semperis team at Carahsoft at (703) 889-9808 or Semperis@carahsoft.com.
The dedicated Cybersecurity team at Carahsoft specializes in providing Federal, State and Local Government agencies and Education and Healthcare organizations with security solutions to safeguard their cyber ecosystem. To learn more about Carahsoft’s Cybersecurity solutions, visit www.carahsoft.com/solve/cybersecurity.
Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and Engagement, and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles.
For security teams charged with defending hybrid and multi-cloud environments, Semperis ensures the integrity and availability of critical enterprise directory services at every step in the cyber kill chain and cuts recovery time by 90%. Purpose-built for securing hybrid Active Directory environments, Semperis’ patented technology protects over 50 million identities from cyberattacks, data breaches, and operational errors. The world’s leading organizations trust Semperis to spot directory vulnerabilities, intercept cyberattacks in progress, and quickly recover from ransomware and other data integrity emergencies. Semperis is headquartered in Hoboken, New Jersey, and operates internationally, with its research and development team distributed throughout the United States, Canada, and Israel.
Government Business, Cybersecurity
businesswire | August 17, 2023
CoSo Cloud LLC (CoSo), a Class Technologies company, and leading provider of secure, private-cloud managed services and custom applications for high-consequence eLearning and virtual training, today announced its platform has received StateRAMP authorization for leading eLearning and virtual classroom offerings from Adobe® and Class Technologies. This milestone achievement enables all U.S. state government agencies reliant on public tax dollars to make assured investments in and harness the utmost level of secure technology for government training and education.
StateRAMP is a critical cloud security assessment and authorization program designed to address the specific technology and compliance requirements of state and local governments. With this authorization, state government agencies and publicly funded educational institutions are now equipped with the highest levels of security and compliance, aligning seamlessly with the stringent requirements to protect government and citizen data. CoSo Cloud's StateRAMP authorization builds upon CoSo’s FedRAMP security authorizations for Federal Government agencies, and represents a significant industry advancement in secure eLearning and virtual training solutions, further reinforcing the company's position as a preeminent and trusted partner for public sector organizations.
"The CoSo Secure Private Cloud Platform has the most secure and compliant authorizations in the industry,” said David Nelson, Head of Cyber Security at CoSo Cloud. “With the StateRAMP authorization, customers who rely upon Class and Adobe for virtual training and eLearning are now able to deploy their training and education initiatives with the utmost confidence and security."
CoSo Cloud's StateRAMP-compliant offerings come equipped with robust data encryption, secure access controls, continuous monitoring and regular audits to ensure ongoing adherence to the highest security standards. As a result, government agencies can leverage the innovative tools that CoSo manages to optimize their workforce training, professional development, and educational programs without compromising on security or compliance.
About CoSo Cloud
CoSo Cloud LLC, a Class Technologies Inc. company, provides secure private-cloud managed services, custom software applications, and expert professional services for high-consequence virtual training and eLearning. Global enterprises and government agency customers rely on CoSo to complete their Adobe Connect, Adobe Learning Manager and Class solutions when security, compliance, and reliability requirements demand more from virtual meetings and learning management systems. CoSo Cloud is an Adobe, Class Technologies, SAP, and Zoom partner.