Federal Risk & Authorization Management Program

What is FedRAMP? 

FedRAMP (Federal Risk and Authorization Management Program) is a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. The program aims to ensure that cloud services used by the federal government meet strict security standards to protect sensitive data.

FedRamp leverages existing security standards and guidelines, primarily from the National Institute of Standards and Technology (NIST). These standards are organized into baselines that define the security controls required for different cloud service impact levels: 

• Low, which means suitable for publically available data with minimal security risk
• Moderate, designed for controlled, unclassified data with moderate security risk
• High, intended for highly sensitive or protected data with high-security risk

Each baseline includes a set of security controls that address various security aspects, such as data protection, access control, incident response, and system security. 

FedRAMP Guidelines for Cloud Service Providers

Ensuring compliance with FedRAMP is crucial for CSPs seeking to do business with the federal government, as it demonstrates a commitment to security and can provide a competitive advantage in the marketplace.

To become FedRAMP compliant, cloud service providers (CSPs) must follow these guidelines:

1. Security Controls: CSPs must implement and document over 300 security controls based on NIST SP 800-53. These controls cover areas such as access control, incident response, and risk assessment.

2. Assessment and Authorization: CSPs must undergo a rigorous assessment by an independent Third-Party Assessment Organization (3PAO) to ensure that all security controls are in place and functioning correctly. The results are reviewed by the Joint Authorization Board (JAB) or a federal agency.

3. Continuous Monitoring: After authorization, CSPs must continuously monitor their systems and report on the security posture to ensure ongoing compliance. This includes regular vulnerability scans, incident response, and security control assessments.

4. Documentation: CSPs must maintain detailed documentation of their security controls, risk assessments, and mitigation strategies. This documentation is reviewed during the initial authorization process and must be kept up-to-date for continuous monitoring.

Consequences of Non-Compliance

Failing to comply with FedRAMP guidelines can have serious repercussions for CSPs:

1. Loss of Authorization: A CSP can lose its FedRAMP authorization, which means they are no longer approved to provide services to federal agencies. This can result in a significant loss of business and revenue.

2. Penalties and Fines: Non-compliance can lead to penalties and fines imposed by regulatory bodies. The severity of these penalties depends on the nature and extent of the non-compliance.

3. Reputation Damage: Non-compliance can damage a CSP's reputation, making it difficult to gain the trust of other potential clients, including private sector organizations.

4. Increased Scrutiny: Once a CSP is found to be non-compliant, it may face increased scrutiny in future assessments and audits, leading to additional costs and efforts to regain compliance.

How Finite State Helps You Comply with FedRAMP

Finite State offers a comprehensive solution to support compliance with FedRAMP guidelines by helping CSPs improve their software supply chain security and monitor for vulnerabilities. Finite State

• Enforces Secure Coding Practices: Seamless integrations into existing CI/CD pipelines automatically analyze source code and compiled binaries for common security vulnerabilities and coding errors. This allows engineers to identify vulnerabilities hidden deep within legacy code and third-party libraries and detect and address issues early in the development process.
• Offers Real-Time Threat Detection: Integrations with vulnerability databases provide up-to-date information on the latest threats and exploits, allowing for the proactive identification of potential risks before they can be exploited.
• Automates Vulnerability Identification: Using our advanced binary and source code SCA, vulnerabilities can be identified as they’re introduced across the SDLC to help teams keep applications secure.
• Provides Comprehensive SBOM Solutions: Automatically generate Software Bill of Materials throughout the SDLC and easily compile detailed information on all components in your products, including open-source libraries, third-party dependencies, and custom code to improve transparency and identify potential security risks in your software supply chain.

Strong cybersecurity requires a collective effort. Talk to the team today to discover how Finite State can help you comply with FedRAMP.