Qualys Inc. (QLYS) Cybersecurity Platform Attains FedRAMP High Authorization

Qualys, Inc. (NASDAQ:QLYS) is one of the best cybersecurity stocks to buy right now. On August 27, the company announced it had received the most rigorous security clearance level within the Federal Risk and Authorization Management Program.

Qualys Inc. (QLYS) Cybersecurity Platform Attains FedRAMP High Authorization

The company’s Government platform has received the FedRAMP High Authorization sponsored by the US Drug Enforcement Agency. Consequently, it can now handle sensitive and unclassified government data.

Similarly, the authorization positions the company among a select group of cybersecurity firms that can offer security solutions at the FedRAMP level.

“Achieving FedRAMP High Authorization underscores our significant investment in best-in-class security and reaffirms our commitment as a trusted partner in advancing the U.S. Federal Government’s mission to strengthen cybersecurity,” said Sumedh Thakar, president and CEO of Qualys.

Qualys, Inc. (NASDAQ:QLYS) is a cybersecurity company that offers a cloud-based platform to help organizations discover and manage IT assets, identify vulnerabilities, and ensure compliance. It provides automated tools for vulnerability assessment, configuration management, external attack surface management, and threat intelligence to protect against cyber threats.

While we acknowledge the potential of QLYS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than QLYS and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.