CrowdStrike (CRWD.US) shares saw a slight increase after the company achieved an advanced certification under the Federal Risk and Authorization Management Program.

On Wednesday, cybersecurity company CrowdStrike (CRWD.US) became the market's focus after it announced that its Falcon platform has received an advanced certification from the Federal Risk and Authorization Management Program (FedRAMP), which means that U.S. federal agencies will be able to use the platform. The news affected its stock price, which rose 0.43% in pre-market trading.

With the advanced FedRAMP certification, CrowdStrike's Falcon platform will be allowed to handle highly sensitive information from U.S. government agencies and protect them from cyber threats. CrowdStrike said in a statement that this also means that the Falcon platform complies with the highest level of federal security standards.

CrowdStrike's president Michael Sentonas noted: "The cyber threat environment for the U.S. government is extremely challenging, and securing mission-critical systems and maintaining compliance is becoming increasingly complex. The Falcon platform integrates endpoint, identity, data, and cloud workload protection into a single platform powered by artificial intelligence, simplifying security processes, eliminating operational silos, accelerating response times, and providing continuous visibility and protection in a hybrid environment. With the advanced FedRAMP certification, agencies can deploy the Falcon platform to enhance the security of the most critical systems in the U.S. against relentless cyber threats."