The main reason for the FedRAMP certification is the significant business opportunity it represents. FedRAMP’s OMB policy is the first cloud policy to require agencies to use cloud alternatives where available. OMB monitors regulatory compliance as part of a multi-billion dollar cost reduction effort over the years.
If you offer cloud services and want to sell those cloud services to the US federal government, you must allow FedRAMP to operate.
What are the benefits that fedramp certification possesses?
From a government perspective; a key benefit of FedRAMP certifies the company is that it saves federal agencies significant time, cost, and resources evaluating cloud provider security.
From a cloud service provider’s point of view, the main benefit of FedRAMP is that it makes you the “pre-approved” provider, thus simplifying the procurement process. What’s more, you only need to report your safety to one entity, not every fedramp compliance, saving you time and money.
For getting a fedramp certificate, there are many fedramp requirements that one needs to fulfill. After getting fedramp certification, you can then easily upload his business over the marketplace for the federal government.
What is the federal certification cost factor?
Now that you know what is fedramp certification service you should know about the costly factors of it:
•Scope: How large and how complex are the cloud services your company provides?
•Approach: Agency or JAB? In general, JAB permits are more difficult to pass.
•Risk: Does the data you process require a low, medium, or high-security categorization for your FedRAMP authorization?
•Maturity of Information Security Today: How big is the “gap” between the way you currently work and the level of documentation you need to maintain, and where should you close that gap?
•Resources: Do you have human resources with the time and experience to guide you through the approval process? Or do you have to hire a consulting firm for this?
Why is the cost of the fedramp environment not significant?
Search over the net what is fedramp and present your business to the federal government over the market.
Since most of the early companies tracking this tend to be larger companies, these numbers likely skew slightly in that direction. However, the cost of deploying a FedRAMP environment is not significantly different between a CSP of 50 and 5,000 people because the processes, controls, and required documentation are the same.
For more information, visit https://ignyteplatform.com/fedramp-authorization/
###
