Telos (TLS) said Tuesday it has achieved State Risk and Authorization Management Program high authorization for its software-as-a-service version of Xacta platform.
Xacta SaaS is now included in the StateRAMP Authorized Product List, with an authorized status, the highest level of authorization given to products that have complied with all required security controls by impact level, according to StateRAMP.
Telos said Xacta SaaS' authorized status is expected to boost its growth in the state and local government markets.
Shares of Telos were up 1.2% in recent Tuesday trading.
Price: 3.35, Change: +0.04, Percent Change: +1.21
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.