2022-08-31 | NDAQ:TLS | Press release

New Xacta Features Support Cyber ​​Risk Quantification, Smart Workflow, and Expanded API Integrations

ASHBURN, Va., Aug. 31, 2022 (GLOBE NEWSWIRE) — Telos Companya leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, today announced the launch of the latest Xacta enhancements®its cyber risk management and compliance analysis platform.

This release introduces new features that allow Xacta users to quantify and align cyber risk with business objectives by expressing risk in monetary or dollar terms. Additionally, this new release of Xacta expands the Intelligent Workflow capability that uses data to automate and advance workflow to significantly reduce the human intervention required in the IT risk management process. Additionally, Xacta’s API has been advanced and native integrations with Tenable and STIG Viewer have been added, enabling a more diverse integration ecosystem to accommodate business intelligence and security tools used by Xacta customers.

Improvements in risk quantification

“Telos is proud to be at the forefront of modern IT Risk Management (ITRM) solutions with these exciting new capabilities and enhancements. Now highly regulated commercial and government customers can view and understand cyber risks with accurate financial context,” said Hugh Barrett, Xacta Product Manager, Telos.

Risk quantification capabilities will allow Xacta customers to calculate the probability, impact and criticality of inherent risks. Clients will also be able to define their custom financial loss formula using population expressions and overlay it with Xacta’s native methodologies for dollar client specific risk analysis.

“Analyst firm Gartner has recognized cyber risk quantification as an “ITRM Top Trend” for 2022, and also as a critical capability for ITRM solutions,” Barrette said. “As the cyber threat landscape continues to expand and become more complex, understanding risk to your bottom line is more critical than ever to prioritizing and remediating the most business-critical risks.”

Smart Workflow Improvements

Xacta’s newly enhanced Smart Workflow capability allows customers to define criteria and complete questionnaires to automatically populate control implementation, overlays and control inheritance data, and set workflow triggers. dynamic work. This capability will allow customers to avoid waiting for manual attestations from a vacationing employee, streamline collaborative projects, reduce audit fatigue resulting from manual and repetitive approval processes, and ultimately reduce user errors.

API and integration improvements

New Xacta API enhancements continue to enrich the data sent to and from Xacta and connected business intelligence and security tools. Additionally, native integrations added in this release include Tenable and STIG Viewer, which extend Xacta’s strong vulnerability management capabilities and add additional sources for vulnerability scan data and better CVE coverage within the platform. -Xacta form. Xacta’s API will continue to be refined in future releases to meet the changing integration requirements of our customers.

For more information on Xacta solutions and services, visit www.telos.com/xacta.

Forward-looking statements

This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the federal securities laws. These statements are based on the Company’s management’s current beliefs, expectations and assumptions regarding future events, conditions and results and on information currently available to them. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. The Company believes that these risks and uncertainties include, but are not limited to, those described under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” disclosed from time to time in the company’s filings and reports with the United States Securities and Exchange Commission (SEC), including its annual report on Form 10-K for the fiscal year ended December 31, 2021, as well as future documents and reports by the Company, copies of which are available at https://investors.telos.com and on the SEC’s website at www.sec.gov.

Although the company bases these forward-looking statements on assumptions that the company’s management believes to be reasonable when made, they caution the reader that forward-looking statements are not guarantees of future performance and that results of operations, results The company’s actual financial condition and liquidity, as well as industry developments, may differ materially from the statements made or implied by the forward-looking statements contained in this release. Given these risks, uncertainties and other factors, many of which are beyond its control, the Company cautions readers not to place undue reliance on such forward-looking statements. Any forward-looking statement speaks only as of the date of such statement and, except as required by law, the Company undertakes no obligation to publicly update any forward-looking statement or to revise any forward-looking statement to reflect future events. or developments occurring after the statement date, even if new information becomes available later. Comparisons of results for current and prior periods are not intended to express future trends or indications of future performance, unless specifically expressed as such, and should be considered historical data only.

About Telos Corporation

Telos Company (NASDAQ: TLS) empowers and protects the world’s most security-conscious organizations with solutions for continuous assurance of the security of people, systems and information. Telos’ offerings include cybersecurity solutions for IT risk management and information security; cloud security solutions to protect cloud-based assets and enable ongoing compliance with industry and government security standards; and enterprise security solutions for identity and access management, secure mobility, organizational messaging, and network management and defense. The company serves commercial enterprises, regulated industries and government customers worldwide.

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Luisa D. Fuller