Knightscope | June 07, 2022
Knightscope, Inc., a provider of sophisticated physical security technology aimed at improving U.S. security operations, revealed today that the Federal Risk and Authorization Management Program has reached the "In-Process" level (FedRAMP). FedRAMP is a federal-level program that encourages the use of safe cloud services by establishing a standardized approach to security evaluation, authorization, and continuous monitoring of cloud goods and services.
Knightscope's cyber security team has been working relentlessly for the past 17 months to create a safe, hardened environment dedicated entirely to supporting U.S. Government clients. Knightscope was able to create a tightly controlled version of its product offering from the ground up. A FedRAMP-authorized Third-Party Assessment Organization tested the secure environment.
Knightscope's product was put to the test utilizing the most cutting-edge cyber technology, and it was discovered that the ASR was far too secure to be entered without the Company's help. Knightscope has now been listed as a service provider because of these findings, and it may begin conversations with government agencies about delivering services to federal authorities.
One of the key roles of government is to protect its citizens, so it is critical that we provide them with the most advanced public safety technologies available. The FedRAMP process is arduous, but we believe it is a great investment of time and resources as it ensures our cybersecurity efforts are top notch. I'm looking forward to continuing to build even more cutting-edge technology to support our mission to make America the safest country in the world."
Mercedes Soria, EVP and Chief Intelligence Officer, Knightscope, Inc.
To conduct business with the federal government, cloud-based service providers must complete the FedRAMP procedure and acquire an Authority to Operate ("ATO"). Only 262 ATOs have been granted as of this publication, and only 83 firms have reached the "In-Process" stage. Knightscope's service offering for a Government Law Enforcement Agency was accepted as a consequence of the team's hard work, and Knightscope is now listed on the FedRAMP Government Market Place.
Trend Micro Incorporated | May 30, 2022
With the development of a dedicated U.S. Federal business unit, Trend Micro Incorporated, a worldwide cybersecurity pioneer, confirms its position as the security partner of choice. The company is committed to expanding its mission to U.S. federal agencies and citizens by securing data as it moves to the cloud, particularly for major investment and specialist recruitment. he business unit in Washington, DC, focuses on protecting digital transformation, zero-trust implementation, and cloud migrations that meet the needs of federal agencies.
Customers benefit from a carefully chosen roster of government cybersecurity professionals, which includes hundreds of government institutions around the world, including current U.S. Federal agencies. Former government cyber executives, specialized support teams, and cyber threat researchers are among them.
David Chow, Chief Technology Strategy Officer and former federal government CIO and CISO with decades of experience as a government practitioner and leader.
Ed Cabrera, Chief Cybersecurity Officer and former CISO of the U.S. Secret Service, who has managed cybersecurity strategy and alignments with federal departments.
Chris Radosh, Vice President and General Manager of the Business Unit, is a proud veteran with over 25 years of experience operating technology enterprises and forming cybersecurity collaborations with federal agencies.
Cybercriminals are constantly targeting the heart of U.S. national security. According to a recent study, governments worldwide have been targeted by ransomware more than any other industry. Trend Micro is confident in its goal to secure the connected world, and it is particularly committed to safeguarding the country's core. Trend Micro has the most customers and threat data from all over the world, and governments all over the world have relied on the company for decades.
Trend Micro has a demonstrated commitment to providing customizable information security for the federal government. Federal agencies and organizations need flexible, scalable security solutions that fit into their overall goals to manage risk. Our long-standing relationship with Trend Micro includes a fundamental security software used in Coalfire's Accelerated Cloud Engineering (ACE) offering. We are most grateful for this extraordinary partnership."
Coalfire's Business Development Director, Chris Krueger
medZERO | July 14, 2022
LG Electronics’ North American Innovation Center (LG NOVA) picked medZERO as one of the “Selected 20” startups advancing to the next stage of its Mission for the Future global challenge competition. The honor comes with $100,000 to help fund a collaboration for the next round of the competition.
The recognition is the latest for the Portland-based startup medZERO, an employer-sponsored financial wellness platform that gives employees a smarter way to pay for healthcare via on-demand access to funds to pay their out-of- pocked expenses over time at zero interest and zero fees.
In May, medZERO was one of six companies selected by the Meta Lab challenge, a prestigious competition sponsored by the Carolina Fintech Hub and MassChallenge, an international business accelerator program located in Boston.
Since securing $5.7 million in seed funding last year from Silicon Valley powerhouses True Ventures, Village Global and other angel investors, medZERO launched its app in November 2021 and has been hiring and has more than doubled its customer base.
Each of the 20 top contenders in the LG NOVA program were awarded $100,000 for proof-of-concept projects. medZERO was chosen in the Connected Health category as a company that is creating a new solution with potential to transform markets and industries, specifically as people change their perspective on new technology-based care.
“We are honored to make it to this round, LG recognized that our highly scalable, mobile payments platform leverages technology to give employees greater control over their healthcare services and spending.”
-Craig Froude, Co-Founder and CEO, medZERO.
Chosen from a group of more than 1,300 applicants, the Selected 20 will continue in the process to develop their ideas while working closely with LG NOVA’s team of innovation and entrepreneurial experts over the next couple of months—with the goal of being chosen as a Mission for the Future challenge “Top 10” finalist. To be named in August 2022, the Top 10 will have the opportunity to build their business in collaboration with LG on an accelerated path to success, with full access to LG expertise, mentorship, and from NOVA Capital Alliance and investments from LG.
Since its official launch in August 2021, the Mission for the Future challenge has invited innovators and entrepreneurs to submit their business ideas, technologies, and concepts that look to advance people, communities, and the planet. The initial “First 50” startups selected through the challenge program received access to basic business infrastructural support and networking after demonstrating exceptional proof-of-concept within emerging industries, as well as the potential for a successful partnership within the wider LG business.
Over the last few months, our work with the First 50 startups has helped us continue to refine our vision for the future as we look at new areas of growth for LG, said LG Electronics Senior Vice President for Innovation Dr. Sokwoo Rhee, head of LG NOVA. We’re inspired by all of those who have participated to date with groundbreaking, thoughtful tech innovations to drive and contribute to our collaborative community and guiding principle of ‘outside-in’ innovation. With this announcement, we’re sharing the results of our ongoing work in engaging with the startup and entrepreneur community to create impactful technologies that will lead society into the future.
medZERO is a Portland, Ore., healthcare-focused fintech company (www.medzero.com) designed to make healthcare accessible, affordable and equitable. Our employer sponsored platform provides employees instant access to funds to pay their out-of-pocket healthcare costs with no interest and no fees. Repayment is made through automatic payroll deduction and for users with Health Savings Accounts medZERO payments are pre-tax allowing them to save up to 30% on all qualified medical expenses.
About LG NOVA-
LG NOVA, the North American Innovation Center for global innovation leader LG Electronics, is a team focused on bringing innovation from the outside to LG. LG NOVA is based in Santa Clara, Calif. The center’s mission is to build, nurture and grow innovations that impact the future.
About LG Electronics USA-
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $63 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems, energy solutions and vehicle components. LG is 2022 ENERGY STAR® Partner of the Year-Sustained Excellence. The company’s commitment to environmental sustainability and its “Life’s Good” marketing theme encompass how LG is dedicated to people’s happiness by exceeding expectations today and tomorrow