NEW YORK, Jan. 14, 2014 /PRNewswire/ -- PwC US announced today that it has achieved accreditation as a Third Party Assessment Organization (3PAO) under the Federal Risk and Authorization Management Program (FedRAMP). FedRAMP is the first government-wide program to provide a standardized approach for conducting required security assessments of Cloud Service Providers (CSPs) providing services to federal agencies. PwC will continue to help clients bring their cloud offerings to the federal market by helping them meet the requirements of this important program.
FedRAMP promotes the accelerated adoption of secure cloud solutions and a consistent application of security practices. Through FedRAMP's leveraged security authorizations, federal agencies may reduce the time it takes to adopt new IT capabilities.
CSPs are required to use a FedRAMP-approved 3PAO to independently assess that they meet FedRAMP requirements. Receipt of 3PAO status permits PwC to assess the security controls at CSPs planning to service the federal government.
"With more and more private and public organizations moving their information into the cloud, we are in an elevated risk environment where security concerns are a number one priority," said Todd Bialick, PwC's FedRAMP Leader. "PwC currently provides third party assurance services to a range of businesses, and by leveraging our extensive understanding of cloud technology, IT security, and federal regulations, we are well positioned to not only provide support as an organization prepares to comply with the new FedRAMP guidelines, but to assist commercial cloud providers and enterprise cloud users to evaluate the risks associated with cloud computing."
PwC's FedRAMP team is comprised of senior members of PwC's Risk Assurance and Public Sector practices in major U.S. markets, who have extensive experience in cloud security, federal regulatory compliance, and information technology controls. With the 3PAO designation, PwC further demonstrates a commitment to assisting CSPs in preparing for accreditation and strengthening the security of their cloud environments.
For more information on PwC's Federal Regulatory Assurance services, please visit: http://www.pwc.com/us/fedramp
About PwC's Risk Assurance Practice
PwC understands that significant risk is rarely confined to discrete areas within an organization. Rather, most significant risks have a wide-ranging impact across the organization. As a result, PwC's Risk Assurance practice has developed a holistic approach to risk that protects business, facilitates strategic decision making and enhances efficiency. This approach is complemented by the extensive risk and controls technical knowledge and sector-specific experience of its Risk Assurance professionals. The end result is a risk solution tailored to meet the unique needs of clients.
About PwC's Public Sector Practice
PwC serves US federal government clients through our Public Sector Practice. We help our clients solve mission and business issues through our integrated technology, risk, and management consulting solutions. PwC delivers advisory services that support the government's move toward a more citizen-centric, performance-based delivery model. Our advisory professionals bring hands-on knowledge of federal standards, systems, and business processes. To find out more, please visit www.pwc.com/publicsector.
About PwC US
PwC US helps organizations and individuals create the value they're looking for. We're a member of the PwC network of firms in 157 countries with more than 184,000 people. We're committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com/US. Gain customized access to our insights by downloading our thought leadership app: PwC's 365™ Advancing business thinking every day
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SOURCE PwC US