Government Approved Data Security: Commvault Cloud for Government Achieves FedRAMP High Authorization

Rhea-AI Summary

Commvault has achieved FedRAMP High Authorization for its Cloud for Government SaaS data protection solutions, a certification denoting the highest level of security compliance for handling sensitive U.S. government data. This certification ensures Commvault's ability to protect controlled unclassified information (CUI) in cloud environments for government agencies and contractors.

Commvault's solutions meet stringent security standards set by the National Institute of Standards and Technology (NIST), providing advanced features like continuous cyber recovery plan testing and automated recovery to isolated, secure environments. These solutions are hosted in government cloud deployment models, compliant with U.S. federal regulations.

This achievement underscores Commvault's commitment to delivering top-tier data protection, enhancing cyber resilience, and ensuring the security of critical government data. The U.S. Department of the Treasury, along with other federal agencies, supports this milestone, acknowledging its importance in maintaining secure and reliable data protection services.

Positive

• FedRAMP High Authorization achieved, indicating top-level security compliance.
• Commvault solutions can protect the most sensitive U.S. government data.
• Continuous cyber recovery plan testing and automated recovery features.
• Hosted exclusively in government cloud deployment models, ensuring compliance with federal regulations.
• Supported by the U.S. Department of the Treasury and other federal agencies.

Negative

• No specific financial growth or revenue information provided.
• Potentially high costs associated with maintaining FedRAMP compliance.

Insights

Technology Expert

Commvault’s FedRAMP High Authorization for its cloud-based government SaaS offerings signifies that the company has met the highest security standards set by the U.S. government. This is a major milestone because it allows the company to engage with federal agencies that manage highly sensitive unclassified data.

FedRAMP is a rigorous security assessment process specifically designed for cloud service providers working with U.S. government agencies. Achieving the highest level of FedRAMP Authorization indicates that Commvault has implemented robust security controls that adhere to stringent requirements outlined by the National Institute of Standards and Technology (NIST). This includes securing data at rest and in transit, ensuring continuous monitoring and maintaining a proactive cyber resilience strategy.

This authorization not only highlights Commvault’s technical capability but also enhances its reputation and opens up substantial market opportunities within the federal sector. This can lead to significant revenue growth as federal agencies are likely to prioritize partnering with providers who have such critical certifications.

Moreover, the mention of compliance with other notable standards like FIPS 140-2, ISO/IEC 27001 and SOC 2 Type II further underscores the comprehensive nature of Commvault’s security measures.

Financial Analyst

The FedRAMP High Authorization provides Commvault with a competitive edge in the public sector market, which is substantial given the $150 billion U.S. federal IT budget. This certification could drive new revenue streams as it makes Commvault’s solutions more attractive to government agencies looking for secure, reliable and certified cloud services.

In the short term, this achievement can lead to a positive market reaction, potentially boosting investor confidence and increasing the stock price. It signifies reliability and trustworthiness, qualities that are highly valued in the tech sector, especially within cybersecurity and data protection.

In the long term, consistent revenue from government contracts can provide stable income, which is a valuable asset for any tech company. However, investors should monitor the company’s ability to maintain this certification and continue to innovate its offerings to stay competitive.

Commvault SaaS data protection meets the U.S. government's strictest security protocols for trusted protection

TINTON FALLS, N.J., June 5, 2024 /PRNewswire/ -- Commvault, a leading provider of cyber resilience and data protection solutions for hybrid cloud organizations, is proud to announce that its SaaS-delivered data protection offerings have achieved the Federal Risk and Authorization Management Program (FedRAMP^®) High Authorization. This certification signifies that Commvault Cloud for Government can securely handle the most sensitive, controlled unclassified information (CUI) in cloud computing environments for government agencies and contractors, providing unmatched data protection and cyber resilience.

FedRAMP is a government certification program that provides a standardized security assessment for SaaS application vendors to become authorized to work with federal and state agencies in the United States. Built on a three-level framework, FedRAMP High Authorization, the highest level of security authorization within the program, ensures that cloud solutions meet the stringent security standards established by the National Institute of Standards and Technology (NIST) and can protect data in accordance with the U.S. government's most rigorous security protocols.

Commvault's achievement of FedRAMP High Authorization for its Commvault Cloud for Government SaaS-delivered data protection solution demonstrates the company's commitment to providing government agencies with the highest level of data protection and cyber resilience, helping to ensure their critical data remains secure and available in the face of evolving cyber threats.

"We are thrilled to have achieved FedRAMP High Authorization for our Commvault Cloud for Government offering," said Don Maruca, Vice President, Federal, Commvault. "This certification validates our dedication to delivering secure and reliable data protection solutions for government agencies. With our FedRAMP High Authorization, customers can have confidence in the security and cyber resilience of their data, knowing that it is protected by the strictest industry-leading protocols and benchmarks."

Commvault Cloud elevates cyber resilience beyond the norm, making it easy to implement the recovery readiness and testing practices outlined in legislation like DORA and frameworks like NIST.

With features such as continuous cyber recovery plan testing and the ability to recover automatically to an isolated, secure cleanroom in the cloud, Commvault transforms immutable data storage into a proactive resilience mechanism. Government agencies can now safeguard their data while actively engaging with it to ensure uninterrupted operations and rapid response to cyber incidents.

Commvault Cloud's FedRAMP High Authorization applies specifically to its Commvault Cloud for Government SaaS offerings. These dedicated solutions are designed to meet the unique needs of federal agencies and are hosted exclusively using government cloud deployment models, which are also compliant with U.S. government and federal regulations.

"The U.S. Department of the Treasury, as the initial agency supporting Commvault Cloud for Government (formerly Metallic), congratulates the FedRAMP team, our internal security team and Commvault for achieving the FedRAMP High Authorization as of 17 May 2024, the Federal government's highest cybersecurity certification for protecting controlled unclassified information (CUI)."

"The FedRAMP team has completed the review of the Commvault Cloud for Government (formerly Metallic) authorization package and concluded FedRAMP High Authorization. FedRAMP acknowledges that this achievement is based on the support of Federal agencies such as the Department of the Treasury in their role as the initial agency to issue an ATO, Commvault as the CSP, and Coalfire and the Treasury security team as the independent assessors."

"NIST has authorized and is currently using Commvault Cloud for Government (formerly Metallic). NIST commends the FedRAMP team and the Department of the Treasury in completing the approval of the FedRAMP High Authorization for Commvault Cloud for Government on 17 May 2024."

"This certification is yet another clear indicator that Commvault Cloud is a critical tool for government agencies handling sensitive data in the cloud," said Craig P. Abod, President, Carahsoft. "As a long-standing Commvault partner, we look forward to working with our reseller partners to provide these newly authorized solutions to our public sector customers. With its FedRAMP High Authorization, Commvault is now in a league of its own, going beyond data protection to provide top-tier data security and rapid recoverability from cyber attacks."

Commvault Cloud's FedRAMP High Authorized solutions are currently available for purchase by US agencies and organizations. The FedRAMP Marketplace, a public government-controlled portal, lists all FedRAMP designated solutions and provides a catalog for government agencies to discover authorized solutions.

Commvault Cloud SaaS solutions are also FIPS 140-2 Compliant, ISO/IEC 27001: 2013 Certified, NIST 800-53 CP9 & CP10 Compliant, SOC 2 Type II Compliant, CJIS Compliant, and Infosec Registered Assessor Program (IRAP) PROTECTED.

For more information about Commvault Cloud's FedRAMP High Authorized data protection and cyber resilience offerings, visit commvault.com.

About Commvault
Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

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SOURCE COMMVAULT

FAQ

What is FedRAMP High Authorization and why is it important for CVLT?

FedRAMP High Authorization is the highest level of security compliance for cloud services provided to U.S. government agencies, ensuring stringent protection of sensitive data. For CVLT, achieving this certification enhances its credibility and attractiveness as a secure provider for government contracts.

What are the key features of Commvault Cloud for Government with FedRAMP High Authorization?

Key features include continuous cyber recovery plan testing, automated recovery to isolated environments, and compliance with NIST security standards, ensuring robust data protection and cyber resilience for government data.

How does Commvault's FedRAMP High Authorization benefit government agencies?

Government agencies benefit from enhanced data security, compliance with federal regulations, and improved cyber resilience, ensuring their critical data remains secure and recoverable in the face of cyber threats.

When did Commvault achieve FedRAMP High Authorization for its Cloud for Government solutions?

Commvault achieved FedRAMP High Authorization for its Cloud for Government solutions on May 17, 2024.

What compliance certifications does Commvault Cloud for Government have?

Commvault Cloud for Government is FIPS 140-2 Compliant, ISO/IEC 27001:2013 Certified, NIST 800-53 CP9 & CP10 Compliant, SOC 2 Type II Compliant, CJIS Compliant, and Infosec Registered Assessor Program (IRAP) PROTECTED.