CrowdStrike achieves FedRAMP authorization for new modules to secure highly regulated industries in the cloud
NEWS
Oracle Textura surpasses $ 1 trillion in construction payments processed
“ Oracle Textura greatly modernized the process by which we pay our subcontractor invoices ,” said Tim Nottoli , CIO , Walsh Group . “ In my personal life , I pay my bills all through a banking app , there are no more checks . Oracle Textura has done the same for our project accounting teams as they accept subcontractor invoices and waivers and issue payments .
Oracle Textura Payment Management is a cloud application that helps general contractors , owners , and subcontractors of all sizes to simplify the billing and payments process . With the collaboration solution , project participants can accelerate payments , mitigate compliance risk , improve lien waiver and compliance management and make cash flow more predictable . The system processes , on average $ 16 billion in payments each month .
Oracle Textura Payment Management Cloud Service has now processed over $ 1 trillion in construction payments to subcontractors .
This milestone represents work on more than 120,000 projects from over 800 general contractors and project owners and over 200,000 subcontractors since Textura first launched in 2006 .
“ We want to thank our customers for their trust in Oracle Textura to help them manage such a vital aspect of their operation ,” said Mike Antis , Global Vice President , Oracle Textura .
“ By implementing a collaborative payment management solution , construction companies are not just streamlining their payment processes , but also contributing to the overall health and growth of their companies and the industry overall . We are optimistic that our clients will continue to thrive and expand in the next 12 months and beyond .”
CrowdStrike achieves FedRAMP authorization for new modules to secure highly regulated industries in the cloud
CrowdStrike ’ s CrowdStrike Falcon cybersecurity platform has achieved Federal Risk and Authorization Management Program ( FedRAMP ) authorization for three key modules : CrowdStrike Falcon Next-Gen SIEM , CrowdStrike Falcon for IT and CrowdStrike Falcon Data Protection .
These modules are available to government entities requiring FedRAMP Moderate authorization , enabling them to secure assets through the CrowdStrike Falcon Platform in GovCloud .
Michael Sentonas , President , CrowdStrike , said : “ Today ’ s federal agencies navigate a complex regulatory landscape – from the comprehensive logging mandates outlined in OMB M-21-31 to the adoption of Zero Trust frameworks to secure identities against advanced threats . FedRAMP authorization allows CrowdStrike to help government agencies streamline operations , secure hybrid environments and reduce costs while staying ahead of today ’ s most sophisticated adversaries .”
The US government operates in one of the most severe threat environments , requiring comprehensive visibility across complex , distributed networks .
CrowdStrike delivers proactive threat detection and critical telemetry , empowering agencies to stop modern , multi-faceted intrusions across multiple domains .
Through the latest modules authorized in GovCloud , CrowdStrike provides comprehensive visibility , enhanced intelligence and advanced threat response to help government entities and their supply chains meet stringent security requirements while reducing complexity and cost .
Falcon Next-Gen SIEM , Falcon for IT and Falcon Data Protection offer real-time threat detection , asset visibility , centralized log management and data protection to support compliance efforts and adoption of Zero Trust frameworks across government environments .
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