At Vertosoft we are participating in Cybersecurity Awareness Month to lend another voice to help raise awareness about how important good cyber hygiene is for individuals and organizations. For the past 17 years, IBM has commissioned the “Cost of Data Breach Report” study by the Ponemon Institute.  In this year’s report, the Ponemon study noted that the costs related to a data breach rose from USD 3.86 million to USD 4.24 million, the highest average total cost in the 17-year history of this report. The most common initial attack vector which accounted for 20% of the breaches was focused on compromised credentials. 

Austin, TX – Sept. 30, 2021 – SpyCloud, the leader in account takeover (ATO) prevention, today announced that it has been named the winner of the “Overall Threat Detection Solution of the Year” award in the fifth annual CyberSecurity Breakthrough Awards. The awards program is conducted by CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies, and products in the global information security market today.

When Jay Colavita founded Vertosoft back in 2016, he had a distinct vision in mind—accelerate the adoption of technology in the government market. Having worked with large government software distributors and solution providers for over 20 years, he realized that emerging technology companies are constantly battling against significant barriers to penetrate the government market.

The US Federal Government’s fiscal year runs from October 1st through September 30th and has an estimated IT budget of close to 90 billion dollars.  A significant portion of the budget is spent in the last few months of the year.  The planning for this spending begins in early summer when programs start reporting to agency leadership what funds they are not going to be able to use by the end of the fiscal year.

PLANO, Texas–(BUSINESS WIRE)–Digital.ai, the leading AI-driven DevOps value stream delivery and management platform, today announced it is the first company to achieve Federal Risk and Authorization Management Program (FedRAMP) “In Process” status for an Enterprise Agile Planning (EAP) tool. Sponsored by the U.S. Department of Veterans Affairs, this achievement will soon enable government agencies to use a secure, cloud-hosted version of the company’s industry-leading Digital.ai Agility solution to successfully scale agile practices beyond individual teams to an entire agency, greatly aiding efforts to transition or migrate from legacy environments to the cloud.

Vertosoft, as a small business partner and authorized GSA reseller of Workiva Inc.’s (NYSE:WK) cloud platform, is one of three awardees of a $10 million Audit Software and Technical Services Blanket Purchase Agreement (BPA) issued by the U.S. Department of Justice Office (DOJ) of the Inspector General (OIG).

Vertosoft LLC has named Hannah Xiu, former immixGroup Head of Finance, as the chief financial officer at Vertosoft LLC. Hannah brings over a decade of experience supporting public sector clients across the government acquisition lifecycle. Hannah played a key role during immixGroup’s acquisition by Arrow Electronics, aligning immixGroup’s financial standards to those of a publicly-traded company. 

DataRobot announced on Thursday its DataRobot’s Artificial Intelligence (AI) for Health Incubator, a new initiative that encourages entrepreneurs, companies, institutions, colleges and universities and non-profits to develop and deploy novel solutions for the health and healthcare market. 

Leesburg, VA – May 13, 2021 – Vertosoft, the company driving emerging technology growth for the government, announced a new partnership with SpyCloud, the leader in cyber fraud prevention, to protect customers of government digital services from identity theft and other cybercrimes.

Automating tasks has long been a goal of large workforces, and none is larger than the Department of Defense. With financial management systems that process a more than $700 billion budget annually, getting a helping (digital) hand can reduce wasted labor hours and costly mistakes.

LEESBURG, Va., April 22, 2021 (Newswire.com) – Vertosoft LLC has been recognized as an honoree of the 2021 Greater Washington Area Best Places To Work awards program presented by the Washington Business Journal.

To better protect mobile devices that warfighters use, the Pentagon’s Defense Innovation Unit (DIU) is readying a mobile threat application that analyzes for problems on Defense Department-issued devices and shares findings in the cloud.

On more than one occasion, my wife has indicated that she would love to have a ‘Rosey to help out around the house.’ The idea of Rosey comes from the animated cartoon called ‘The Jetsons’ which originally aired in 1962. Rosey is robot that does the housekeeping and other repetitive tasks around the Jetson’s Skypad Apartment, allowing the family to focus on more important and meaningful activities. 

Vertosoft and DataRobot have been awarded an Other Transaction Authority (OTA) by the Defense Innovation Unit (DIU) to support the Army’s Office of Financial Operations and Information and the Office of the Secretary of Defense’s (OSD) Comptroller to resolve financial and accounting errors without human intervention.

As we come to the end of Cybersecurity Awareness month, I wanted to call attention to the impending Cybersecurity Maturity Model Certification (CMMC) requirements and what the potential implications are for commercial off the shelf (COTS) software companies.

Why are government purchasing thresholds important? How can these purchasing thresholds as defined in the Federal Acquisition Regulations (FAR) be leveraged to inform your sales strategy as we approach the end of the federal fiscal year? Let’s start by looking at the federal micro-purchase threshold (MPT).

The term ‘compliance’ as it relates to cloud computing can elicit a wide variety of reactions. Some Developers cringe when they hear the word as they anticipate limited technology choices. Program Managers have images of project delays and increased complexity. Security and Compliance Officers see a framework for protecting the agency, its mission, and  associated data (and maybe keeping their names off of the evening news).

When we look back on 2020 and early 2021, I believe we’ll see that COVID-19 had significant impact on the growth of cloud computing at government agencies as well. Whether it’s SaaS-based collaboration services or the use of cloud computing infrastructure as a service (IaaS), government agencies increasingly turn to the cloud as part of their IT modernization efforts toward being ‘Cloud Smart’.

The Federal government spends more money on Information Technology than any other Fortune 500 company in the U.S., with an estimated FY20 IT budget exceeding $85B.  Congress is responsible for passing an annual budget that allocates money to each Agency for the fiscal year that runs from October 1st to September 30th.