US Government Policy On SMB Lending In Flux

PYMNTS | April 09, 2019

U.S. President Donald Trump announced over the weekend that U.S. Treasurer Jovita Carranza is his pick to lead the Small Business Administration (SBA), after its current chief, Linda McMahon, announced on Friday (March 29) that she will leave the post. “Jovita was a great Treasurer of the United States, and I look forward to her joining my Cabinet!” said Trump in a tweet announcing the nomination, according to Reuters. Carranza has a history at the SBA, serving as its deputy administrator between 2006 and 2009. Her rise to the position of SBA chief is not expected to disrupt the status quo, but she would step into the seat at a time of broader controversy at the SBA, surrounding its 7(a) small business lending program. Last year, the U.S. Senate passed legislation that increased the SBA’s authority over the program, bolstering its credit risk management office, and increasing its oversight of its lending partners that facilitate the financing of small business loans via the program. At the time, the legislation garnered support from the American Bankers Association and the National Association of Federally-Insured Credit Unions.

Spotlight

President Donald Trump has begun telling advisers that he may visit troops in a combat zone for the first time in his presidency, as he has come under increasing scrutiny for his treatment of military affairs and failure to visit service members deployed to Afghanistan or Iraq.

Spotlight

President Donald Trump has begun telling advisers that he may visit troops in a combat zone for the first time in his presidency, as he has come under increasing scrutiny for his treatment of military affairs and failure to visit service members deployed to Afghanistan or Iraq.

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EMERGING TECHNOLOGY, CYBERSECURITY

Sprinklr Positioned for Public Sector Growth with FedRAMP Authorized CXM Platform

Sprinklr | October 19, 2022

Sprinklr (NYSE: CXM), the unified customer experience management (Unified-CXM) platform for modern enterprises, today announced that it has achieved Federal Risk and Authorization Management Program (FedRAMP) authorization for Sprinklr’s Unified-CXM Platform at the Low Impact (LI-SaaS) level. With FedRAMP authorization, Sprinklr is prepared to help U.S. government agencies unify citizen experiences. FedRAMP is a government-wide program aimed to facilitate the adoption of secure cloud services across the federal government by providing a standardized approach to security and risk assessment of cloud service offerings. FedRAMP authorization is required of federal cloud technology vendors. Delivered via Amazon Web Services (AWS), Sprinklr’s Unified-CXM Platform will help government agencies modernize services and meet citizens where they are across all social media, voice, SMS, email, and digital channels. With Sprinklr’s AI-powered platform, agencies can also reduce administrative burdens to help deliver a seamless, secure citizen experience. “Citizens expect government agencies to deliver information, content, and resources across modern channels like social media, text, voice, and chat. To effectively meet citizen demands, governments need a modern, unified approach, FedRAMP Authorization is a critical milestone for long-term growth at Sprinklr. It allows us to help our government customers deliver better services and engage citizens across 30+ digital channels.” -Paul Ohls, Chief Revenue Officer, Sprinklr. About Sprinklr: Sprinklr is a leading enterprise software company for all customer-facing functions. With advanced AI, Sprinklr's unified customer experience management (Unified-CXM) platform helps companies deliver human experiences to every customer, every time, across every modern channel. Headquartered in New York City with employees around the world, Sprinklr works with more than 1,000 of the world’s most valuable enterprises — global brands like Microsoft, P&G, Samsung and more than 50% of the Fortune 100.

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EMERGING TECHNOLOGY, CYBERSECURITY

Forcepoint ONE Expands FedRAMP Authorization for CASB to include ZTNA and SWG to Provide a Single Security Service Edge platform

Forcepoint | September 28, 2022

Global security leader Forcepoint announced that the Federal Risk and Authorization Management Program (FedRAMP®) has approved the Forcepoint ONE all-in-one cloud platform. FedRAMP is a U.S. government-wide program​ that certifies that cloud-based software can be ​trusted to secure and accelerate cloud adoption for federal agencies. Forcepoint’s “Authorized” designation from FedRAMP indicates that Forcepoint ONE meets 325 security controls for NIST 800-53 compliance requirements. “As a trusted security partner and advisor to the government for over 30 years, Forcepoint’s Authorized certification shows how seriously we take our covenant with our federal customers, The FedRAMP authorization process assures agencies that Forcepoint ONE’s security and access controls meet the high standards required to protect government systems and infrastructure. Simplifying security through Forcepoint’s unique Data-first SASE approach gives agency leaders greater confidence that they can easily adopt Zero Trust, control access and data use, and take advantage of cloud transformation efforts without wasting time, effort, and money.” -Sean Berg, President of Global Governments and Critical Infrastructure for Forcepoint. Forcepoint ONE is the converged, cloud-delivered platform for Security Service Edge (SSE, the security component of SASE) that protects agency employees and contractors working remotely as they use web, cloud and private applications. Forcepoint’s all-in-one cloud platform enables security teams to manage one set of policies via a single console for cloud-delivered gateway technologies like Cloud Access Security Broker (CASB), Secure Web Gateway (SWG), and Zero Trust Network Access (ZTNA). Integrated, inline threat protection and DLP provide consistent control for many types of users from government employees to partners, to prevent malware, and stop loss or misuse of sensitive data. CASB provides identity-based access controls so people on managed or unmanaged devices can easily and safely use government-sanctioned cloud apps. Forcepoint’s unique reverse proxy technology also makes it easy to securely connect personal devices of employees, consultants, contractors, and auditors. SWG monitors and safeguards interactions with any website. This includes blocking access to websites based on category, blocking downloads of malware, blocking uploads of confidential data to personal accounts, and detecting shadow IT. Forcepoint SWG features a unified agent that runs locally on Windows and macOS devices to enable smart routing of web traffic, offering up twice the throughput of competitors. ZTNA controls access to private applications hosted behind a firewall from both managed devices and BYOD, without needing VPNs. ZTNA and CASB together deliver identity-based access controls for internal apps and cloud apps seamlessly, providing them side by side through the same SSO page to simplify the user experience. DLP consistently protects sensitive data across the cloud, the web, and private apps, even agentlessly, all from one console. About Forcepoint: Forcepoint simplifies security for global businesses and governments. Forcepoint’s all-in-one, truly cloud-native platform makes it easy to adopt Zero Trust and prevent the theft or loss of sensitive data and intellectual property no matter where people are working. Based in Austin, Texas, Forcepoint creates safe, trusted environments for customers and their employees in more than 150 countries.

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CYBERSECURITY

Linux Foundation and Rancher Government Solutions Partner to Support U.S. Government & Military Mission to Securely Modernize Tech

Rancher Government Solutions | November 23, 2022

Today, the Linux Foundation, the nonprofit organization enabling mass innovation through open source, announced it has partnered with Rancher Government Solutions https://www.ranchergovernment.com/, which is specifically designed to address the unique security and operational needs of the U.S. Government and military as it relates to application modernization, containers and Kubernetes. The partnership combines the expertise of the Linux Foundation, the world's leading resource for open source training and certifications, with the breadth and depth of RGS which is dedicated to helping the U.S. Government and military achieve its missions to securely modernize via the cloud using containers and Kubernetes all with a focus on DevSecOps. "Partnering with RGS to support the United States government in their adoption of open source through secure tools and training is critically important in these uncertain times, We could not be more proud to be working with RGS, whose focus on secure, open source tools and code – particularly Kubernetes and cloud-enabled DevSecOps – for the U.S. Government is mission critical." -Clyde Seepersad, Senior Vice President and General Manager of Training & Certification, the Linux Foundation. The partnership will enable U.S. Government personnel, through their relation with RGS, to easily access the Linux Foundation's full catalog of nearly 100 training courses including courses focused on: Kubernetes DevSecOps/DevOps Cloud & Containers Personnel will also be able to easily enroll in certification exams for any of the standard setting cloud and open source certifications built by the Linux Foundation. The certifications cover a range of mission critical cloud and container exams, including: Certified Kubernetes Administrator (CKA) Certified Kubernetes Application Developer (CKAD) Certified Security Specialist (CKS) Kubernetes and Cloud Native Associate (KCNA) "The Linux Foundation's training and certification offerings are perfectly aligned to our core product and service offerings, Together we will be able to offer a single source for support, tools, training and certifications essential to the U.S. Government mission to securely modernize its tech infrastructure." -Don Poole, Vice President of Corporate Communications & Marketing, Rancher Government Solutions. About The Linux Foundation: Founded in 2000, the Linux Foundation is supported by more than 1,000 members and is the world's leading home for collaboration on open source software, open standards, open data, and open hardware. Linux Foundation's projects are critical to the world's infrastructure including Linux, Kubernetes, Node.js, and more. The Linux Foundation's methodology focuses on leveraging best practices and addressing the needs of contributors, users and solution providers to create sustainable models for open collaboration. About Rancher Government Solutions: Rancher Government Solutions, a SUSE company, is specifically designed to address the unique security and operational needs of the U.S. Government and military as it relates to application modernization, containers and Kubernetes. Rancher allows Government customers to deploy containerized applications on multiple Kubernetes clusters from the data center to the cloud to the edge and unites them with centralized authentication, access control and advanced observability. RGS supports all Rancher open source products with U.S. based American citizens with the highest security clearances who are currently working on programs across the Department of Defense, Intelligence Community, and civilian agencies.

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