News & Events
HERNDON, Va. & PHOENIX–(BUSINESS WIRE)–Nov 5, 2019–
Exostar, the leader in trusted, secure business collaboration in aerospace and defense (A&D), life sciences, and healthcare, today announced it has signed a Memorandum of Understanding (MOU) with Ivis Technologies to deliver secure, cloud-based assessment, self-help, and risk management solutions to the global commercial and Government A&D industry. These solutions will enable all organizations, from small-to-medium sized businesses to large enterprises, to better understand and mitigate risk, improve their cybersecurity postures, and comply with current and forthcoming Department of Defense (DoD) and other Government standards, such as Special Publication 800-171 from the National Institute of Standards and Technology ( NIST SP 800-171 ) and the Cybersecurity Maturity Model Certification (CMMC).
“Recent DoD audits show that contractors subject to NIST SP 800-171 are struggling to comply. CMMC changes the paradigm from compliance to maturity by adding a process component, and from self-attestation to third-party verification and certification. Additionally, CMMC will apply to a broader, deeper community of organizations that directly or indirectly participate in the DoD supply chain,” said Stuart Itkin, Exostar’s Vice President of Marketing and Product Management. “Our new solutions will help companies understand what they need to do to prepare for and to achieve CMMC certification so they can continue to participate on Government contracts.”
Exostar’s latest additions to its pioneering risk management suite support members of the DoD supply chain in meeting the provisions identified in Defense Federal Acquisition Regulations Supplement (DFARS) clause 252.204-7012. These include the establishment of plans, such as a System Security Plan and a Plan of Actions & Milestones, as well as addressing the NIST SP 800-171 security controls and the upcoming CMMC practices and processes. The Exostar suite also provides tools for organizations to assess and manage other forms of supply chain and organizational risk.
Suppliers receive a web-based, step-by-step, wizard-like experience – complete with straightforward explanations and relevant reference materials – to implement the controls and practices mandated by NIST SP 800-171 and CMMC. Easy-to-understand reports illustrate status and gaps, and identify what activities suppliers must complete to improve security posture and achieve their required level of CMMC certification. Third-party CMMC assessors can potentially use the solutions to prepare for and conduct audits. Suppliers, primes, and assessors can all work and communicate within Exostar’s secure, cloud-based platform.
“The Exostar/Ivis relationship immediately puts compelling solutions in the market that enable companies throughout the Defense Industrial Base to manage risk and prepare for CMMC. CMMC’s adoption timeline is aggressive, so now is the time to get started,” said Christopher Lank, Ivis CEO and Founder. “Organizations across the DoD supply chain already rely on Exostar for secure collaboration and risk management; they know they can count on Exostar for trusted, innovative solutions that meet the objective and deliver competitive advantage.”
Exostar’s cloud-based platforms create exclusive communities within highly-regulated industries where organizations securely collaborate, share information, and operate compliantly. Within these communities, we build trust. More than 135,000 Aerospace and Defense organizations and agencies in over 150 countries trust Exostar to strengthen security, reduce expenditures, raise productivity, and help them achieve their missions. Ten of the top twenty global biopharmaceutical companies rely on Exostar to help them speed new medicines and therapies to market. Exostar is a Gartner Cool Vendor. For more information, please visit www.exostar.com.
About Ivis Technologies
Ivis Technologies provides a SaaS solution that helps companies implement, automate, and execute on their activities that revolve around ethics and compliance programs, and helps reduce the risk for organizations needing to comply with various regulations. For more information, please visit www.ivis.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20191105006194/en/
CONTACT: Alan Gilbert
(703) 793-7735 (o)
(703) 624-4675 (m)
Huntington Ingalls Partners With Ivis Technologies To Develop Compliance Software
NEWPORT NEWS, Va., Sept. 26, 2017 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) announced today that it has entered into a multi-year agreement with Ivis Technologies that allows Ivis to market and sell an innovative compliance management software developed with HII’s compliance expertise and Ivis’s software expertise.
“Our efforts with Ivis created a unique management software that we believe improves our employees’ ability to execute their work in an ethical and compliant way and reduces the likelihood of a compliance failure,” said Kellye Walker, HII’s executive vice president and general counsel. “This product solves two traditional challenges for companies managing compliance risk. It focuses that discussion around examining human behaviors, and it creates user-friendly utilities to track tasks or requirements a company must do to be in compliance.”
HII and Ivis worked together to develop a lean governance, risk and compliance (GRC) system that simplifies the complexities of compliance management because many of the solutions available seemed too complex, too costly or did not focus on the human behavior side of preventing misconduct. The Ivis GRC system applies human behavioral analysis to assess risk from three perspectives: rationalization (ethics), opportunity (compliance) and pressure (leadership).
“We have been working with HII for over two years on producing a solution for managing their compliance program across the enterprise,” said Ivis CEO Chris Lank. “We are pleased this collaboration has produced such a unique and powerful tool that has been proven effective at HII and is now available to any companies in any industry.”
Ivis Technologies will deliver the tool as a subscription-based “software as a service” solution. For more information, visit: www.ivis.com.
Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry. For more than a century, HII’s Newport News and Ingalls shipbuilding divisions in Virginia and Mississippi have built more ships in more ship classes than any other U.S. naval shipbuilder. HII’s Technical Solutions division provides a wide range of professional services through its Fleet Support, Integrated Mission Solutions, Nuclear & Environmental, and Oil & Gas groups. Headquartered in Newport News, Virginia, HII employs nearly 37,000 people operating both domestically and internationally. For more information, visit:
- HII on the web: www.huntingtoningalls.com
- HII on Facebook: www.facebook.com/HuntingtonIngallsIndustries
- HII on Twitter: twitter.com/hiindustries