STOCK TITAN

TransUnion’s TruValidate™ Solutions for Government Assessed FedRAMP Ready

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

TransUnion (NYSE: TRU) has achieved FedRAMP Ready status for its TruValidate™ solutions for government in Q1 2025, marking a significant milestone in providing identity verification and fraud prevention services to public agencies. The Federal Risk and Authorization Management Program (FedRAMP) certification is mandatory for federal contracts using advanced cloud-based technologies.

The assessment includes rigorous security audits aligned with NIST standards and continuous monitoring requirements. TruValidate Identity Verification helps government agencies create efficient experiences for constituents while detecting fraud attempts through its Identity Graph technology. The solution is designed to protect against benefit theft and tax refund fraud while reducing verification friction for legitimate users.

TransUnion plans to expand its FedRAMP authorization process to include additional TruValidate and other solution lines in the future, strengthening its position in the public sector security infrastructure.

Loading...
Loading translation...

Positive

  • Achieved FedRAMP Ready status, enabling access to federal government contracts
  • Positions TransUnion to expand in the growing public sector security market
  • Validated by Third-Party Assessment Organization for security compliance

Negative

  • None.

News Market Reaction 1 Alert

-2.24% News Effect

On the day this news was published, TRU declined 2.24%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key identity verification and fraud prevention product completes its FedRAMP Ready Assessment in Q1 2025

CHICAGO, March 26, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) announced today it completed a FedRAMP® Ready assessment for TruValidate™ solutions for government, which help public agencies interact with American public users to help protect against fraud.

The Federal Risk and Authorization Management Program (FedRAMP) is a government-wide program that provides a standardized approach to security assessment, authorization and continuous monitoring for cloud products and services.1 Achieving FedRAMP compliance is required by federal contracts employing the use of advanced cloud-based technologies, with a number of states at various levels of adoption as well.

“Bringing TruValidate’s suite of flexible anti-fraud capabilities to FedRAMP readiness is a critical step,” said Jeffrey Huth, senior vice president of TransUnion’s Public Sector business. “TransUnion is ready to help agencies mitigate the continuously evolving digital and non-digital identity risks, while providing the privacy and security expected by the American public.”

Some FedRAMP requirements include: 

  • A robust information security audit that examines confidentiality, integrity and availability of cloud-based services in alignment with the National Institute of Standards and Technology Special Publication 800-53 revision 5.

  • Ongoing operations, such as continuous monitoring​, which assesses, tests and authorizes security processes throughout a system’s development lifecycle as security postures may change over time. 

TransUnion is pursuing FedRAMP Certification with a rapid path forward using mature and tested tooling. Solutions have been assessed by a leading Third-Party Assessment Organization as qualifying for FedRAMP Ready status. 

TruValidate Identity Verification for government introduces friction-right experiences for constituents applying for and accessing government programs, reducing the amount of time and effort required for legitimate constituents to prove their identity with high assurance. Conversely, this product helps to detect bad actors attempting to defraud government programs and steal benefits and tax refunds from legitimate constituents using its mature Identity Graph that continuously evaluates accuracy.

“TruValidate is a suite of highly configurable applications,” said Stuart Levy, vice president of Identity for TransUnion’s public sector business. “Underpinned by our unique blend of high assurance telephony, alternative and financial services-based identity data resources these offerings then layer additional capability to conform with NIST identity assurance levels enabling risk-based decisioning, a single application interface and governance that our public sector customers have come to rely upon.”

TransUnion’s mature data security and compliance infrastructure aligns closely with the needs of these Federal and State agencies, making TruValidate and other TransUnion solutions ideally suited for rapid deployment. Compliance with FedRAMP will further accelerate customer needs to avoid fraud, waste and abuse.

TruValidate Identity Verification for government is TransUnion’s first product to initiate the FedRAMP authorization process. TransUnion plans to bring more from TruValidate and other solution lines into the FedRAMP process in the near future.

Learn more about TransUnion’s suite of identity solutions here.

1www.fedramp.gov

About TransUnion (NYSE: TRU)
TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

Contact Dave Blumberg
 TransUnion

E-mail  david.blumberg@transunion.com

Telephone 312-972-6646

FAQ

What is the significance of TransUnion (TRU) achieving FedRAMP Ready status?

FedRAMP Ready status enables TransUnion to provide cloud-based identity verification services to federal agencies, as it meets mandatory security requirements for government contracts.

When will TransUnion's TruValidate solutions complete FedRAMP Ready Assessment?

TransUnion's TruValidate solutions will complete the FedRAMP Ready Assessment in Q1 2025.

How does TruValidate Identity Verification benefit government agencies?

It reduces verification time for legitimate constituents while detecting fraud attempts, protecting against benefit theft and tax refund fraud through its Identity Graph technology.

What are TransUnion's future plans for FedRAMP authorization?

TransUnion plans to expand FedRAMP authorization to include additional TruValidate products and other solution lines in the near future.
TransUnion

NYSE:TRU

TRU Rankings

TRU Latest News

TRU Latest SEC Filings

TRU Stock Data

16.46B
193.48M
0.34%
103.5%
3.68%
Financial Data & Stock Exchanges
Services-consumer Credit Reporting, Collection Agencies
Link
United States
CHICAGO