Rubrik Security Cloud – Government Achieves FedRAMP® Authorization

Rhea-AI Summary

Rubrik (NYSE: RBRK) has achieved Federal Risk and Authorization Management Program (FedRAMP®) authorization at the Moderate Impact Level for its Rubrik Security Cloud – Government platform. The authorization was sponsored by the National Nuclear Security Administration (NNSA), an Office of the U.S. Department of Energy. The platform, built on zero trust architecture, is designed to secure enterprise, cloud, and SaaS data against cyberattacks.

FedRAMP is a government-wide program that standardizes security assessment and monitoring of cloud services. The Moderate Impact Level authorization indicates the platform is suitable for agencies where security breaches would have serious adverse effects on operations, assets, or individuals.

Positive

• Achieved FedRAMP Moderate Impact Level authorization
• Sponsored by National Nuclear Security Administration (NNSA)
• Potential expansion into federal government market

Negative

• None.

Insights

Tech Expert

The FedRAMP Moderate Impact Level authorization marks a significant milestone for Rubrik's expansion in the federal sector. This certification demonstrates the platform's robust security capabilities and compliance with stringent government requirements. The NNSA sponsorship adds substantial credibility, particularly given the agency's critical role in nuclear security.

The timing is strategic, as federal agencies face increasing cybersecurity threats and require zero-trust solutions. This authorization enables Rubrik to tap into the $9.6 billion federal cybersecurity market. The company's Security Cloud - Government platform, featuring zero-trust architecture, positions Rubrik to capture significant market share in the public sector, where data security demands are exceptionally high.

Market Research Analyst

This authorization represents a important competitive advantage in the lucrative federal market. Government contracts typically offer stable, long-term revenue streams and higher margins compared to commercial sector deals. The FedRAMP certification creates a significant barrier to entry for competitors, as the authorization process is rigorous and time-consuming.

For investors, this development opens up new growth vectors in the federal sector, where cybersecurity spending is both mandatory and growing. The NNSA sponsorship could lead to additional contracts within the Department of Energy and other federal agencies. Given Rubrik's recent IPO, this certification strengthens their market position and could positively impact their valuation multiples.

National Nuclear Security Agency sponsors Rubrik’s authorization as the company showcases its ability to deliver data security and cyber resilience

PALO ALTO, Calif.--(BUSINESS WIRE)-- Rubrik (NYSE: RBRK), the Zero Trust Data Security™ Company, today announces Rubrik Security Cloud – Government has received Federal Risk and Authorization Management Program (FedRAMP®) authorization at the Moderate Impact Level. Rubrik Security Cloud – Government, built on zero trust architecture, secures enterprise, cloud, and SaaS data to ensure mission continuity in the wake of cyberattacks. The National Nuclear Security Administration (NNSA), an Office of the U.S. Department of Energy, served as the agency sponsor for Rubrik’s FedRAMP authorization.

FedRAMP is a government-wide program which provides a standardized approach to security assessment, authorization, and continuous monitoring of cloud products and services. FedRAMP helps to accelerate the adoption of secure, modern cloud technologies for federal agencies, with emphasis on the security and protection of federal information. FedRAMP Moderate Impact Level authorization is most appropriate for government agencies where the “loss of confidentiality, integrity, and availability would result in serious adverse effect on an agency’s operations, assets, or individuals,” according to FedRAMP.

“For nearly a decade, public sector customers have trusted Rubrik to secure their data and applications, detect anomalies, and recover data post-cyberattack,” said Anneka Gupta, Chief Product Officer at Rubrik. “With ransomware attacks, coordinated data exfiltration efforts by nation-state actors, and insider threats on the rise across the government, protecting the nation’s data and systems is more important than ever. Rubrik is committed to partnering with our agency customers to strengthen their cyber resilience and overall cyber posture. With our FedRAMP authorization, we can now extend our offering and support to this important market.”

About Rubrik Security Cloud – Government

Built to meet FedRAMP, CJIS, FERPA, and StateRAMP security requirements, Rubrik Security Cloud – Government allows federal customers to bolster cyber resilience against cyberattacks, malicious insiders, and operational disruptions with minimal recovery downtime with air-gapped, immutable, and access-controlled data backups. The Rubrik Security Cloud platform allows customers to continuously monitor for data anomalies and emergent threats using data risk assessment, contain threats, and surgically restore affected applications and files, while avoiding malware reinfection.

To learn more or to request a demo, visit https://www.rubrik.com/industries/federal-government.

About Rubrik

Rubrik (NYSE: RBRK) is on a mission to secure the world’s data. With Zero Trust Data Security™, we help organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions. Rubrik Security Cloud, powered by machine learning, secures data across enterprise, cloud, and SaaS applications. We help organizations uphold data integrity, deliver data availability that withstands adverse conditions, continuously monitor data risks and threats, and restore businesses with their data when infrastructure is attacked.

For more information, please visit www.rubrik.com and follow @rubrikInc on X (formerly Twitter) and Rubrik on LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241212948894/en/

Meghan Fintland

Head of Global PR

925.785.9192

Meghan.Fintland@rubrik.com

Source: Rubrik

FAQ

What is the significance of Rubrik (RBRK) receiving FedRAMP authorization?

The FedRAMP authorization allows Rubrik to provide its security cloud services to federal agencies, expanding its market reach in the government sector where security breaches could have serious adverse effects.

Which government agency sponsored Rubrik's (RBRK) FedRAMP authorization?

The National Nuclear Security Administration (NNSA), an Office of the U.S. Department of Energy, served as the agency sponsor for Rubrik's FedRAMP authorization.

What level of FedRAMP authorization did Rubrik (RBRK) receive?

Rubrik received FedRAMP authorization at the Moderate Impact Level, suitable for agencies where security breaches would have serious adverse effects on operations.

What services does Rubrik Security Cloud – Government provide?

Rubrik Security Cloud – Government provides zero trust data security for enterprise, cloud, and SaaS data, ensuring mission continuity in the wake of cyberattacks.