EMERGING TECHNOLOGY,GOVERNMENT FINANCE
Inca Digital | September 26, 2022
The Defense Advanced Research Projects Agency (DARPA) has awarded Inca Digital's government contracting division, Inca Digital Federal, a Phase II Small Business Innovation Research (SBIR) contract to research advanced methods for analyzing activity related to financial applications of distributed ledgers in a project called: "Mapping the Impact of Digital Financial Assets".
The aim of the SBIR is to understand and visualize how digital assets implicate national security.
"Digital asset markets hold amazing promise, but also contend with money laundering, market manipulation, and state actors that may pose risks to U.S. national security, Given the increasing prevalence of digital assets, the Department of Defense and other federal agencies need to have better tools to understand how digital assets operate and how to leverage their jurisdictional authority over digital asset markets globally."
-Adam Zarazinski, CEO of Inca Digital.
As a result of this SBIR, Inca Digital Federal will develop a first-of-its-kind cryptocurrency ecosystem mapping tool for analyzing cross-market crypto-financial data and risk.
The data analytics from Inca Digital will allow both the United States government and commercial companies to:
Perform cross-market, crypto-financial mapping and analysis
Understand relationships between digital asset firms and non-digital asset entities
Identify how cryptocurrency may affect traditional financial systems and vice-versa
Provide insight into the use of blockchain-based technologies linked to money laundering, terrorist financing, and sanctions evasions across systems (e.g., fiat-to-exchange, exchange-to-blockchain, and cross-blockchain transactions)
Better understand money flows in and out of blockchain systems
Identify where recipients of cryptocurrency can exchange it for local fiat currency, or goods and services, globally
Understand how cryptocurrencies are used in different U.S. government/Department of Defense areas of responsibility
This research is being developed by funding from the Defense Advanced Research Projects Agency (DARPA). The views, opinions and/or findings expressed are those of the author and should not be interpreted as representing the official views or policies of the Department of Defense or the U.S. Government.
About Inca Digital:
Inca Digital and its government contracting entity, Inca Digital Federal, analyze data across crypto markets, blockchains, and news and social media to deliver comprehensive intelligence to the financial institutions, technology firms and government entities that are shaping the digital asset space.
Keeper Security | August 25, 2022
Keeper Security, the leading provider of zero-trust and zero-knowledge cybersecurity software protecting passwords, secrets, and connections, today announced that the company has obtained FedRAMP Authorization at the Moderate Impact Level for its Keeper Security Government Cloud (KSGC).
The KSGC password management and security solution has successfully completed the rigorous FedRAMP accreditation process. This highly sought-after and difficult to attain designation sets KSGC apart from its competitors as the best in class zero-trust and zero-knowledge security solution for government agencies to protect their passwords, data, and secrets. KSGC is hosted in AWS GovCloud (US), designed to host sensitive data, regulated workloads, and address the most stringent U.S. government security and compliance requirements.
To receive FedRAMP Authorization, organizations must implement controls from 17 different control families that originate from National Institute of Standards and Technology Special Publication 800-53. This alone can take organizations months or years, depending on the complexity of the system. Authorization can only be pursued by an organization through partnering with a federal agency or the Joint Authorization Board (JAB). Additionally, the system must be evaluated and assessed by an authorized independent third-party auditor prior to submitting for final review and authorization by the FedRAMP Program Management Office.
"Keeper is proud to bring its password management and cybersecurity platform to FedRAMP Authorized status," said Darren Guccione, CEO and Co-Founder of Keeper Security. "This authorization demonstrates Keeper's longstanding -- and, some would say, fanatical -- commitment to the highest standards of internal security controls and encryption. Keeper is prepared to help federal agencies protect their digital assets against ransomware, data breaches and other password-related cyberattacks."
"As a FedRAMP Authorized password management and security solution, KSGC will enable Carahsoft and our reseller partners to help federal agencies better secure their sensitive information and protect against password related breaches, Keeper's zero-knowledge, zero-trust architecture solves compliance and regulatory enforcement requirements, providing a trusted, reliable solution that meets government needs."
-Steve Jacyna, who leads the Keeper Security team at Carahsoft.
Today's attackers are advanced at using any breached username and password combination to run through analytics and bots to find any use or similar use combination. By leveraging password managers, a constant health check can be maintained for password diversification and security, said Jean-Paul Bergeaux, Federal Chief Technology Officer of GuidePoint Security. Enterprises cannot assume users are doing this and KSGC provides a way for government security teams to maintain password security while also significantly improving user experience throughout their work life.
The FedRAMP Authorized KSGC follows a White House Executive Order mandating zero-trust architecture and strong encryption, along with a draft memorandum by the Office of Management and Budget (OMB) and the Cybersecurity and Infrastructure Security Agency (CISA) mandating all federal agencies adopt a zero-trust security architecture by 2024. The memorandum specifically calls out password security requirements that KSGC facilitates, including strong password policies, the removal of a deprecated requirement to require special characters and regular password rotation, and the ability to compare user passwords against weak and breached data.
Keeper provides government agencies with a human-centric cybersecurity solution that promotes adoption of password best practices, like the use of MFA, by employees and contractors. Keeper also promotes secure collaboration with encrypted record sharing that allows system administrators to regulate privileged access to files, as well as masking credentials. Keeper's zero-knowledge system architecture provides the highest levels of security and privacy. Encryption and decryption of data always occurs locally on the user's device, and only the encrypted ciphertext is stored in KSGC.
About Keeper Security:
Keeper Security, Inc. ("Keeper") is transforming the way organizations and individuals protect their credentials, secrets, connections and sensitive digital assets to significantly reduce the risks of identity security-related cyber attacks while gaining visibility and control. Keeper is the leading provider of zero-trust and zero-knowledge security cloud services trusted by millions of people and thousands of organizations for password and secrets management, privileged access, secure remote infrastructure access and encrypted messaging.
Keeper's products are the highest-rated in the industry across G2, Trustpilot, PCMag and U.S. News & World Report. For the last several years, Keeper has received several InfoSec Awards from Cyber Defense Magazine for its cyber security enterprise software. Keeper is SOC 2 and ISO 27001 certified, and FIPS 140-2 validated, and Keeper is the only FedRAMP Authorized enterprise password management solution. Keeper is backed by Insight Partners, a leading venture capital and private equity firm with $90b AUM.
Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Federal, State and Local Government and Education and Healthcare. As the Master Government Aggregator® for its vendor and reseller partners, Carahsoft delivers solutions for Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and Engagement, and more.
About GuidePoint Security:
GuidePoint Security provides cybersecurity solutions and services that help organizations make better decisions. GuidePoint Security's holistic approach enables organizations to identify threats, optimize resources, and integrate solutions that mitigate risk.
StateRAMP | September 21, 2022
StateRAMP announces its growing list of governments working with StateRAMP to validate their third-party suppliers' cyber security posture who use or offer cloud products to deliver services.
The growing list of participating governments comes on the heels of the National Association of State Procurement Officials (NASPO) recent announcement naming StateRAMP a Strategic Partner. Working together, StateRAMP and NASPO will work to develop educational content and resources for state government.
"With responsibilities for critical infrastructure, vital services, and mass storage of confidential and privacy data, government, at all levels, is a prime target for cybercrime, We are thrilled to see all levels of State and Local Government engaging in StateRAMP to improve our collective cyber posture for the citizens we serve."
-J.R. Sloan, President of the StateRAMP Board and Chief Information Officer for the State of Arizona.
Procuring technology tools and services is complicated work, and many organizations have sought to make that process easier for the public sector. By focusing on cybersecurity risk management, StateRAMP addresses a key pain point for state and local public agencies—and the vendors and suppliers that serve them. With a grounding in the reality of state and local government operations—and by building on widely adopted best practices—StateRAMP is exactly the sort of smart innovation that the public sector needs and deserves, said Doug Levin, National Director, K12 Security Information eXchange (K12 SIX).
"We are excited to work with our strategic partners and members to continue toward our mission of promoting best practices in government for managing supplier cloud security, When there is a common problem, there is an opportunity for a shared solution. In cloud security, the shared solution is StateRAMP for all levels of government and the vendors who serve them."
-Leah McGrath, Executive Director, StateRAMP.
StateRAMP is a nonprofit organization that launched in early 2021 and brings state and local governments together with the suppliers who serve them to recognize best practices in cloud security and provides a standardized approach to cloud cybersecurity verification.
StateRAMP provides state and local governments assurance that the suppliers they are working with meet the minimum cybersecurity standards through independent audits and ongoing continuous monitoring. StateRAMP is designed as a shared service for government and a streamlined service for suppliers who can verify their products one time and reuse that certification with each government agency they serve. StateRAMP maintains an Authorized Product List (APL) which lists products that have achieved a security status and those products going through the process.
About K12 Security Information eXchange (K12 SIX):
The K12 Security Information eXchange (K12 SIX) offers cybersecurity resilience to keep students learning and school districts operating.
EMERGING TECHNOLOGY,GOVERNMENT FINANCE
Kaloom | September 09, 2022
Kaloom™ today announced it secured an additional USD 21 million from the Quebec government and current investor, Alternative Capital Group (ACG), who matched the government of Quebec’s investment. This latest investment will support Kaloom's go-to-market strategy and extend its current heterogeneous hardware strategy by supporting additional platforms like SmartNICs and Servers. The latest cash infusion will also allow Kaloom to ramp up sales, and help its global service provider customers benefit from burgeoning Network transformation and 5G-Edge market opportunities.
ACG's participation in this latest financing round is a strong vote of confidence in Kaloom's ability to execute on its vision. In addition to financial support, ACG brings a wealth of experience and resources that are invaluable to Kaloom’s continued business growth.
"ACG is proud to support Kaloom’s continued business growth as the company realizes the vision it set out to achieve, Kaloom's innovative solutions help network providers overcome the major challenges of Network Transformation and 5G-Edge deployments. With Kaloom's help, network providers can deliver the high-speed, low-latency performance that users demand. We look forward to supporting Kaloom in this next growth phase."
-Nicolas Beauchamp, ACG.
This latest cash infusion strengthens Kaloom’s standing as an emerging leader providing fully programmable and automated cloud-native solutions that simplify management and save costs in complex distributed edge networks. Kaloom works with service providers around the globe and plans to expand in Japan, recently registering its business in the country.
"With this investment, we can harness our momentum and continue to serve our global customers while expanding into new markets, Our mission is to empower service providers and operators worldwide with automated and fully programmable distributed edge network solutions that transform underlying network infrastructure and reduce total cost of ownership. This investment is critical to achieving that mission globally and enabling 5G-Edge and private 5G monetization in our industry."
-Laurent Marchand, Kaloom Founder and CEO.
Kaloom is delivering a fully programmable and automated cloud-native edge center networking software solution that will disrupt how distributed cloud edge and data center networks are built, managed and operated by Telecom, Fixed and Mobile Operators, Data Center and Cloud Service Providers. Kaloom comprises technology veterans with proven track records of delivering large-scale networking, analytics, and AI-based solutions for the world's largest networks. Kaloom is based in the Quartier de l'innovation in Montréal, Quebec.