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Stock impact report

Elastic Partnering With CISA to Help Standardize Cyber Defense Across Federal Civilian Agencies

Elastic N.V. Ordinary Shares (ESTC) 
Last elastic n.v. ordinary shares earnings: 2/26 04:10 pm Check Earnings Report
Company Research Source: Business Wire
New FedRAMP-hosted SIEM-as-a-Service platform valued at up to $130M, will centralize telemetry and accelerate coordinated defense for U.S. civilian agencies. SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced that it is partnering with the Cybersecurity and Infrastructure Security Agency (CISA) to develop a unified Security Information and Event Management as-a-Service (SIEMaaS) offering, using Elastic Security on Elastic Cloud. The new SIEMaaS will help to strengthen the security posture of U.S. federal civilian agencies by standardizing security data collection across agencies, enabling real-time threat detection and rapid incident response.The commitment with CISA is part of a $26 million base-year contract through ECS, a provider of advanced technology solutions in data and AI, cybersecurity, and enterprise transformation, and an ASGN (NYSE: ASGN Incorporated) brand. This contract has the opportunity to renew under the same terms for up to fo Show less Read more
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