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  • Healthcare organizations experienced 50% more encryption events than the global average across 2023

  • Cloud continues to drive inherent risk and security blind spots as 70% of all data is typically not machine readable by security appliances

  • Leadership changes following cyberattacks are on the rise, with major personnel changes reported by 44% of organizations — up from 36% in 2022.

PALO ALTO, Calif. – April 30, 2024 — / BackupReview.info / — Recent cyber incidents demonstrate the healthcare industry continues to be a prime target for ransomware hackers. New research by Rubrik Zero Labs reveals that ransomware attacks produce larger impacts against these healthcare targets. In fact, the report estimates that one fifth of all sensitive data belonging to healthcare organizations is impacted in each ransomware attack.

Rubrik Zero Labs’ new “The State of Data Security: Measuring Your Data’s Risk” report offers insights on real-world risks against data as the pace and volume of cyber events continues to increase globally, aided by the explosion of data in the cloud and the realities of modern computing environments. Rubrik Zero Labs studies the challenges organizations’ face to protect their crown jewels — their data — as well as how to reduce data risk and prepare for the evolving risk cycle before, during, and after a cyberattack.

“Despite the fallout of cyberattacks dominating headlines, data risk is an issue that continues to be murky — especially in terms of what security teams can actually change and what they cannot,” said Steven Stone, Head of Rubrik Zero Labs. “With this report, we aim to provide quantifiable insights that IT and security leaders can bring back to their organization to drive greater cyber resilience-in particular with their partners in the business and governance teams. The more we talk about cyber threats like ransomware, and its impact on industries like healthcare, the more we can collaborate to minimize the risk calculus and ultimately beat cyber attackers trying to impede our businesses.”

The Rubrik Zero Labs research unit pairs Rubrik telemetry across its customer base of more than 6,100 organizations with findings from a survey conducted by Wakefield Research of more than 1,600 IT and security leaders — half of which are CIOs and CISOs. Additionally, this study incorporated data from two Rubrik partner organizations and five other research organizations in an effort to provide the most objective findings. With core focuses including the cyber threat landscape in the healthcare industry, cloud data security blind spots, and ransomware, key findings include:

Healthcare organizations experienced 50% more encryption events than the global average across 2023

  • Rubrik observed that healthcare organizations secure 22% more data than the global average.

  • A typical healthcare organization saw their data estate grow by 27% last year.
  • A typical healthcare organization has more than 42 million sensitive data records — 50% more sensitive data than the global average of 28 million.
  • Sensitive data records in observed healthcare organizations grew by more than 63% in 2023 — far surpassing any other industry and more than five times the global average (13%).

Ransomware Produces Outsized Impacts Against Healthcare

  • Ransomware attacks against observed healthcare organizations have an estimated impact of almost five times more sensitive data than the global average.
  • This equates to an estimated 20% of a typical healthcare organization’s total sensitive data holdings impacted every time there is a successful ransomware encryption event, compared to 6% for an average organization.
  • Virtualization really matters for healthcare and ransomware: 97% of all encrypted data in Rubrik observed healthcare organizations last year occurred within virtualized architecture compared to 83% across all industries.

As Cloud Becomes More Widely Adopted, New Security Blind Spots Emerge

  • Organizations are becoming more dependent on the cloud. In 2023, Rubrik observed that cloud architecture stored 13% of an organization’s data, compared to 9% in 2022. Comparatively, on-premises declined from 77% in 2022 to 70% in 2023.
  • Of the external organizations victimized in a cyberattack in 2023, many were attacked across multiple aspects of their hybrid environment with 67% of attacks impacting SaaS data, 66% for the cloud, and 51% for on-premises locations.
  • The cloud comes with inherent risk based on security blind spots and vulnerable sensitive data, according to Rubrik Telemetry:
    • Blind spot #1: 70% of all data in a typical cloud instance is object storage, which typically has a far lower security coverage compared to other areas.
    • Blind spot #2: 88% of all data in object storage is not confirmed as machine readable or covered by prominent security technologies and services.
    • Blind spot #3: More than 25% of object storage data is subject to regulatory or legal requirements, such as protected health information (PHI) and personally identifiable information (PII).

Ransomware Continues to Wreak Havoc across Organizations — and IT and Security Teams

  • 94% of IT and security leaders reported their organization experienced a significant cyberattack last year, and on average faced 30 attacks in that timeframe. One-third of these victims endured at least one ransomware attack.
  • 93% of external organizations that endured a ransomware attack reported paying a ransom demand, with 58% of these payments motivated primarily by threats to leak stolen data.
  • 96% of senior IT and security leaders reported changes to their emotional and/or psychological state as a direct result of a cyberattack, with 38% worrying over job security.
  • Leadership changes increased following cyberattacks, reported by 44% of organizations — up from 36% in Rubrik Zero Labs’ Fall 2022 report “The State of Data Security: The Human Impact of Cybercrime.”

Rubrik Zero Labs, the company’s data security research unit formed to analyze the global threat landscape, reports on emerging data security issues to give organizations research-backed insights and best practices to secure their data against increasing cyber events.

To read the full report, visit https://rubrik.com/zero-labs.

Report Methodology
“The State of Data Security: Measuring Your Data’s Risk” report by Rubrik Zero Labs was commissioned by Rubrik and conducted by Wakefield Research among 1,625 IT and Security decision makers at companies of 500 or more employees. Respondents were made up of approximately half CIOs and CISOs and half VPs and Directors of IT and Security. The research was conducted in the US, UK, France, Germany, Italy, Netherlands, Japan, Australia, Singapore, and India between January 18 and January 30, 2024. None of these organizations are existing Rubrik clients.

The survey supplemented Rubrik telemetry, looking at more than 6,000 clients across 22 industries and 68 countries. The data includes over 42 exabytes of secured logical storage and more than 38 billion sensitive data records from January through December 2023.

About Rubrik
Rubrik (NYSE: RBRK) is on a mission to secure the world’s data. With Zero Trust Data Security™, we help organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions. Rubrik Security Cloud, powered by machine learning, secures data across enterprise, cloud, and SaaS applications. We help organizations uphold data integrity, deliver data availability that withstands adverse conditions, continuously monitor data risks and threats, and restore businesses with their data when infrastructure is attacked.

For more information please visit www.rubrik.com and follow @rubrikInc on X (formerly Twitter) and Rubrik on LinkedIn.

Contact
press@rubrik.com

Source: Rubrik, Inc.

 

 

Analyst Highlights Nasuni’s Native Hybrid Cloud Architecture, Fast File and Object Access, Ransomware Protection, and Multi-site Collaboration

BOSTON, MA – April 30, 2024 — / BackupReview.info / — Nasuni, a leading hybrid cloud storage solution, has been named as a top performing solution in two major reports released by analyst firm DCIG. The company has been given a top five rating by DCIG’s 2024-25 Enterprise Hybrid Cloud SDS NAS Solutions report and has achieved the same distinction in DCIG’s 2024-25 Enterprise Multi-site File Collaboration Solutions report.

With today’s organizations struggling with file storage infrastructure cost and complexity, amid the explosive growth of unstructured data, many IT teams are moving to enterprise-class, software-defined storage (SDS) solutions to modernize their storage infrastructures. These approaches unify the control of storage resources across different on-premises and cloud platforms, helping deliver more effective data management, more sophisticated file collaboration at scale, and ensuring more agile responses to fast-changing business needs.

“The Nasuni File Data Platform stands out with its unique approach, placing the object store at the heart of its software-defined cloud-native architecture,” said Enterprise Hybrid Cloud SDS NAS Solutions report author and DCIG Senior Storage Analyst, Todd Dorsey. “Nasuni’s innovative hybrid cloud solution empowers enterprises to replace their complex legacy file infrastructure with a single global file system.”

DCIG’s analyst team evaluated 29 companies for its Enterprise Hybrid Cloud SDS NAS Solutions report, using feature-based analysis and data comparisons of multiple data sources to identify five leading solutions. Separately, for its Enterprise Multi-site File Collaboration Solutions Report, DCIG examined 26 different vendors before naming its top 5 performers.

DCIG’s research team highlighted a series of stand-out capabilities across both research reports for Nasuni:

  • Native hybrid cloud architecture – Nasuni integrates with all primary public cloud providers and leading private cloud solutions, giving organizations the flexibility to use the best cloud solution for their needs. Nasuni’s patented UniFS Global File System organizes file data, enables classification and compliance by supporting extended metadata, and enables rapid recovery from ransomware attacks and disasters.
  • Fast file and object access – by deploying the Nasuni edge caching appliance as a virtual machine, businesses can replace traditional file servers and NAS, gaining a lightweight access point to all their file and object data. Nasuni’s intelligent data orchestration and caching technology accelerates user and application access as well as reducing egress fees and local storage footprint, ensuring significant cost savings.
  • Data security – Nasuni encrypts all data, metadata, and snapshots, in transit and at rest, using AES-256 encryption and participates within a zero-trust security framework. Nasuni’s Continuous File Versioning® protects data from ransomware and cyber attacks by taking frequent snapshots of file changes on Nasuni Edge VMs, with snapshots kept secure as compressed, encrypted, and immutable objects in cloud storage.
  • Ransomware mitigation and recovery – Nasuni’s Ransomware Protection service helps ensure early detection, the limiting of potential damage, and very quick recovery from ransomware attacks at the edge. Administrators can quickly recover a previous file version, folder, volume, or system, enabling rapid recovery of critical data to the moment immediately before an attack occurs.
  • Nasuni Add-on Services – Nasuni offers add-on services that enhance performance for edge locations, hybrid workforces, and remote users: Nasuni Access Anywhere provides high-performance, compliant file access, from any device, anywhere. Nasuni Multi-Site Collaboration ensures consistent file locking and data propagation to accelerate file collaboration between users and locations around the globe.

“Today’s leading enterprises manage increasingly distributed workforces and require more efficient collaboration on file and project data. With data growth continuing unabated, a file data platform in the cloud that unifies global file management with integrated ransomware detection, and rapid recovery, is essential to future business growth. They need to achieve all this while unifying their data access and simplifying data management in readiness for the challenges of AI,” said David Grant, President at Nasuni.

“DCIG’s recognition of Nasuni as a top five solution in both the ‘Hybrid Cloud Software-defined Storage NAS Solution’ and ‘Enterprise Multi-site File Collaboration Solution’ reports underlines the value of our company’s platform. We are helping customers power their business growth, secure their data, and increase user productivity, through a unique, cloud-native architecture that enables simple and secure global-level collaboration.”

This announcement follows several new innovations for the Nasuni File Data Platform, including the launches of Nasuni IQNasuni Edge for Amazon S3, and most recently, Nasuni’s integration capabilities with Microsoft Copilot. To read DCIG’s Hybrid Cloud SDS NAS Solutions Report, visit here and DCIG’s Enterprise Multi-site File Collaboration Solutions Report is available here.

About Nasuni
Nasuni is a leading hybrid cloud storage solution that powers business growth with effortless scalability, built-in security, and fast edge performance using a unique cloud-native architecture. The Nasuni File Data Platform delivers operational excellence by consolidating NAS and backup, eliminating data silos, and making management easy and flexible without changes to apps or workflows. Its built-in security offers proactive defense and rapid recovery, lowering organizations’ risk from the detrimental effects of ransomware attacks and other disasters. Synchronized access to file data everywhere ensures user productivity by supporting remote and hybrid work. By leveraging object storage, data is consolidated and optimized for content intelligence tools and AI workflows.

Organizations worldwide rely on Nasuni, including leaders in manufacturing, construction, energy, consumer goods, and public sectors. Nasuni’s corporate headquarters are located in Boston, Massachusetts, USA and the company delivers services to over 70 countries. For more information, visit www.nasuni.com.

Media Contacts
US: Jessica Luhrman
Waters Agency
Phone: (210) 273 0914
Email: nasunipr@watersagency.com

UK/Europe: Maria Loupa
Waters Agency
Phone: +44 (0)7591 004 738
Email: nasunipr@watersagency.com

Source: Nasuni

 

 

SUNNYVALE, Calif. – April 30, 2024 — / BackupReview.info / — YugabyteDB, the distributed PostgreSQL database company for cloud native applications, today announced YugabyteDB 2.21 to arm organizations with advanced disaster recovery and resiliency capabilities. This release extends Yugabyte’s xCluster asynchronous replication with disaster recovery orchestration. Further innovations in this release boost data resilience by reducing friction to move existing applications to YugabyteDB, eliminating software upgrade risks, and powering predictable and resilient Kubernetes deployments.

New regulations, like DORA in Europe and APPI in Japan, highlight the growing need for robust disaster recovery and operational resilience. Legacy database systems often require complex third-party protection solutions. As a result, they struggle to meet the ever-changing compliance demands.

Yugabyte is excited to introduce xCluster Disaster Recovery (DR) for YugabyteDB Anywhere to greatly simplify the end user experience. This new offering represents the first time a distributed SQL database has natively integrated orchestrated DR capabilities into its UI. With it, organizations can easily break free from the rigid one-size-fits-all resilience found in many legacy database architectures.

With a single click (or the corresponding API command) users can perform key operations, including initial setup, failover (unplanned failures), switchover (planned failures), and resynchronization in the event of network failures.

“In today’s digital world of rapidly changing regulatory requirements and frequent cloud outages, data resilience is no longer a luxury, it’s a requirement,” said Karthik Ranganathan, Co-CEO and Co-Founder at Yugabyte. “Our new disaster recovery orchestration empowers organizations with the ability to choose the best design pattern for each workload. This allows them to balance their in-region protection, entire-region protection, and performance priorities — while making it easier to address evolving compliance requirements.”

While disaster recovery is a key part of delivering an always-on business, YugabyteDB 2.21 introduces additional enhancements that help organizations focused on strong data resilience do the following:

  • Simplify Disaster Recovery with xCluster DR: YugabyteDB xCluster DR removes operational complexity by adding advanced orchestration workflows to an active-active single-master architecture to make the end-to-end setup, switchover, and failover of the DR primary to DR replica simple and turnkey. Unlike traditional systems that force users to use the same mechanism for in-region and entire-region failures, xCluster DR complements YugabyteDB’s native stretched cluster capabilities to provide each workload with the best balance of strong resilience and high performance.
  • Upgrade Software Confidently with Upgrade Rollbacks: New upgrade rollbacks in YugabyteDB give users confidence when deploying the latest upgrades, thus ensuring they adopt key performance, resilience and bug fixes sooner. Upgrade Rollbacks (currently available as a preview) allow users to test out the upgrade and then easily revert back to the previous software version before committing. This fosters a more confident and agile approach to database upgrades.
  • Protect Existing Applications with Read Committed Isolation Support: By making support for Read Committed isolation generally available, users can now seamlessly migrate existing applications built on popular databases like PostgreSQL, Oracle, and SQL Server to YugabyteDB with minimal to no application changes. Users can escape the risks of single-node database systems and benefit from a modern, distributed database with built-in resilience.
  • Power Predictable, Robust Microservices with Enhanced Kubernetes Operator: The new and improved YugabyteDB Kubernetes (K8s) Operator is now available as an open source operator for early access on Github. The enhanced operator supports GitOps workflows for infrastructure-as-code (IaC), ideal for organizations looking for improved data resilience in their K8s environment. The operator provides consistent, repeatable deployments with advance change tracking. In addition, it can take backups and automatically perform retries to automatically address many transient issues.
  • Deploy Comprehensive Data Protection with CommVault Integration: For protection against unexpected and less common issues that require advanced backup services, YugabyteDB and Commvault Cloud now offer enhanced integration, allowing users to manage backups and restores directly from the Commvault Cloud console. This integration enables granular backup and restore options at various levels (cluster, database, keyspace, table) within YugabyteDB deployments.

As well as being available in the YugabyteDB 2.21 preview release, the latest production release of YugabyteDB 2.20.2 includes YugabyteDB xCluster DR as an Early Access feature. Read Committed Isolation is also generally available. Upgrade Rollbacks are planned for release in YugabyteDB 2.20.3.

To learn more about Yugabyte’s xCluster DR Solution, visit: https://docs.yugabyte.com/stable/yugabyte-platform/back-up-restore-universes/disaster-recovery/

For information on Yugabyte and YugabyteDB, please visit: https://www.yugabyte.com

PR Contact:
Abby O’Malley
abby@famapr.com

Source: Yugabyte

 

 

Commvault [Nasdaq: CVLT] today announced its financial results for the fourth quarter and fiscal year ended March 31, 2024

Tinton Falls, N.J. – April 30, 2024 — / BackupReview.info / — Commvault [Nasdaq: CVLT] today announced its financial results for the fourth quarter and fiscal year ended March 31, 2024.

“We had an outstanding quarter and a breakout year, highlighted by 10% total revenue growth and 15% total ARR growth in the fourth quarter,” said Sanjay Mirchandani, President and CEO. “Our Commvault Cloud platform is resonating with customers, who entrust us with their data and resilience in this era of unrelenting cyber threats.”

Fiscal 2024 Fourth Quarter Highlights –

  • Total revenues were $223.3 million, up 10% year over year
  • Subscription revenue was $119.9 million, up 27% year over year
  • Income from operations (EBIT) was $18.2 million, an operating margin of 8.1%
  • Non-GAAP EBIT1 was $45.2 million, an operating margin of 20.2%
  • Operating cash flow was $80.0 million, with free cash flow1 of $79.1 million
  • Fourth quarter share repurchases were $50.4 million, or approximately 547,000 shares of common stock

Fiscal 2024 Full Year Highlights –

  • Total revenues were $839.2 million, up 7% year over year
  • Total ARR2 grew to $770 million, up 15% year over year
  • Subscription revenue was $429.2 million, up 23% year over year
  • Subscription ARR2 grew to $597 million, up 25% year over year
  • Income from operations (EBIT) was $75.4 million, an operating margin of 9.0%
  • Non-GAAP EBIT1 was $177.5 million, an operating margin of 21.1%
  • Operating cash flow was $203.8 million, with free cash flow1 of $200 million
  • Full year share repurchases were $184.0 million, or approximately 2,479,000 shares of common stock

Financial Outlook for First Quarter and Full Year Fiscal 20253 

We are providing the following guidance for the first quarter of fiscal year 2025: 

  • Total revenues are expected to be between $213 million and $216 million
  • Subscription revenue is expected to be between $116 million and $119 million
  • Non-GAAP operating margin1 is expected to be between 18% to 19%

We are providing the following guidance for the full fiscal year 2025: 

  • Total revenues are expected to be between $904 million and $914 million
  • Total ARR2 is expected to grow 14% year over year
  • Subscription revenue is expected to be between $514 million and $518 million
  • Subscription ARR2 is expected to grow between 21% to 23% year over year
  • Non-GAAP operating margin1 is expected to be between 20% to 21%
  • Free cash flow1 is expected to be at least $200 million

The above statements are based on current targets using exchange rates as of April 29, 2024. These statements are forward-looking and made pursuant to the safe harbor provisions discussed in detail below. We do not undertake any obligation to update these forward-looking statements. Actual results may differ materially from anticipated results.

Use of Non-GAAP Financial Measures

Commvault has provided in this press release the following non-GAAP financial measures: non-GAAP income from operations (EBIT), non-GAAP income from operations margin, non-GAAP net income, non-GAAP diluted earnings per share, non-GAAP free cash flow, annualized recurring revenue (ARR) and subscription ARR. This financial information has not been prepared in accordance with GAAP. Commvault uses these non-GAAP financial measures internally to understand, manage and evaluate its business and make operating decisions. In addition, Commvault believes these non-GAAP operating measures are useful to investors, when used as a supplement to GAAP financial measures, in evaluating Commvault’s ongoing operational performance. Commvault believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends, and in comparing its financial results with other companies in Commvault’s industry, many of which present similar non-GAAP financial measures to the investment community. Commvault has also provided its revenues on a constant currency basis. Commvault analyzes revenue growth on a constant currency basis in order to provide a comparable framework for assessing how the business performed excluding the effect of foreign currency fluctuations.

All of these non-GAAP financial measures should be considered as a supplement to, and not as a substitute for, financial information prepared in accordance with GAAP. Investors are encouraged to review the reconciliation of these non-GAAP measures to their most directly comparable GAAP financial measures, which are included in this press release.  (Download Financial Tables)

Non-GAAP income from operations and non-GAAP income from operations margin. These non-GAAP financial measures exclude noncash stock-based compensation charges and additional Federal Insurance Contribution Act (FICA) and related payroll tax expense incurred by Commvault when employees exercise in the money stock options or vest in restricted stock awards. Commvault has also excluded restructuring costs, noncash amortization of intangible assets, noncash impairment charges, and a gain related to a non-refundable escrow payment associated with the pending sale of Commvault’s headquarters from its non-GAAP results. These expenses are further discussed in Table IV. Commvault believes that these non-GAAP financial measures are useful metrics for management and investors because they compare Commvault’s core operating results over multiple periods.  When evaluating the performance of Commvault’s operating results and developing short- and long-term plans, Commvault does not consider such expenses.

Although noncash stock-based compensation and the additional FICA and related payroll tax expenses are necessary to attract and retain employees, Commvault places its primary emphasis on stockholder dilution as compared to the accounting charges related to such equity compensation plans. Commvault believes that providing non-GAAP financial measures that exclude noncash stock-based compensation expense and the additional FICA and related payroll tax expenses incurred on stock option exercises and vesting of restricted stock awards allow investors to make meaningful comparisons between Commvault’s operating results and those of other companies.

There are a number of limitations related to the use of non-GAAP income from operations and non-GAAP income from operations margin.  The most significant limitation is that these non-GAAP financial measures exclude certain operating costs, primarily related to noncash stock-based compensation, which is of a recurring nature. Noncash stock-based compensation has been, and will continue to be for the foreseeable future, a significant recurring expense in Commvault’s operating results.  In addition, noncash stock-based compensation is an important part of Commvault’s employees’ compensation and can have a significant impact on their performance. The following table presents the stock-based compensation expense included in cost of revenues, sales and marketing, research and development and general and administrative ($ in thousands):

The components that Commvault excludes in its non-GAAP financial measures may differ from the components that its peer companies exclude when they report their non-GAAP financial measures. Due to the limitations related to the use of non-GAAP measures, Commvault’s management assists investors by providing a reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure. Commvault’s management uses non-GAAP financial measures only in addition to, and in conjunction with, results presented in accordance with GAAP.

Non-GAAP net income and non-GAAP diluted earnings per share (EPS).  In addition to the adjustments discussed in non-GAAP income from operations, non-GAAP net income and non-GAAP diluted EPS incorporates a non-GAAP effective tax rate of 27%.

Commvault anticipates that in any given period its non-GAAP tax rate may be either higher or lower than the GAAP tax rate as evidenced by historical fluctuations. The GAAP tax rates in recent fiscal years were not meaningful percentages due to the dollar amount of GAAP pre-tax income.  For the same reason as the GAAP tax rates, the estimated cash tax rates in recent fiscal years are not meaningful percentages. Commvault defines its cash tax rate as the total amount of cash income taxes payable for the fiscal year divided by consolidated GAAP pre-tax income. Over time, Commvault believes its GAAP and cash tax rates will align.

Commvault considers non-GAAP net income and non-GAAP diluted EPS useful metrics for Commvault management and its investors for the same basic reasons that Commvault uses non-GAAP income from operations and non-GAAP income from operations margin. In addition, the same limitations as well as management actions to compensate for such limitations described above also apply to Commvault’s use of non-GAAP net income and non-GAAP diluted EPS.

Non-GAAP free cash flow.  Commvault defines this non-GAAP financial measure as net cash provided by operating activities less purchases of property and equipment. Commvault considers non-GAAP free cash flow a useful metric for Commvault management and its investors in evaluating Commvault’s ability to generate cash from its business operations. In addition, the same limitations as well as management actions to compensate for such limitations described above also apply to Commvault’s use of non-GAAP free cash flow.

Forward-looking non-GAAP measures. In this press release, Commvault presents certain forward-looking non-GAAP metrics. Commvault cannot provide a reconciliation to the comparable GAAP metric without unreasonable efforts, as certain financial information, the probable significance of which may be material, is not available and cannot be reasonably estimated.

Conference Call Information 

Commvault will host a conference call today, April 30, 2024 at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) to discuss quarterly results. The live webcast and call dial-in numbers can be accessed by registering under the “Events” section of Commvault’s website. An archived webcast of this conference call will also be available following the call.

About Commvault

Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

Safe Harbor Statement

This press release may contain forward-looking statements, including statements regarding financial projections, which are subject to risks and uncertainties, such as competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of software products and related services, general economic conditions, outcome of litigation and others. For a discussion of these and other risks and uncertainties affecting Commvault’s business, see “Item 1A. Risk Factors” in our annual report on Form 10-K and “Item 1A. Risk Factors” in our most recent quarterly report on Form 10-Q. Statements regarding Commvault’s beliefs, plans, expectations or intentions regarding the future are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from anticipated results. Commvault does not undertake to update its forward-looking statements.


  1. A reconciliation of GAAP to non-GAAP results has been provided in Financial Statement Table IV included in this press release. An explanation of these measures is also included under the heading “Use of Non-GAAP Financial Measures.”
  1. Annualized Recurring Revenue (ARR) is defined as the annualized recurring value of all active contracts at the end of a reporting period.  It includes the following contract types: subscription (including term licenses, SaaS and utility software), maintenance contracts related to perpetual licenses, other extended maintenance contracts (enterprise support), and managed services. It excludes any element of the arrangement that is not expected to recur, primarily perpetual licenses and most professional services. Subscription ARR includes only term licenses, SaaS and utility software arrangements. Contracts are annualized by dividing the total contract value by the number of days in the contract term, then multiplying by 365.ARR should be viewed independently of GAAP revenue, deferred revenue and unbilled revenue and is not intended to be combined with or to replace those items. ARR is not a forecast of future revenue. Management believes that reviewing this metric, in addition to GAAP results, helps investors and financial analysts understand the value of Commvault’s recurring revenue streams presented on an annualized basis.
  1. Commvault does not provide forward-looking guidance on a GAAP basis as certain financial information, the probable significance of which cannot be determined, is not available and cannot be reasonably estimated. See “Use of Non-GAAP Financial Measures” for additional explanation.

Media Contact:
Kevin Komiega
Commvault
978-834-6898
kkomiega@commvault.com

Investor Relations Contact:
Michael J. Melnyk, CFA
Commvault
732-865-0458
mmelnyk@commvault.com

Source: Commvault

 

 

Under Constant Threat of Attack, CXOs Can Affordably Test their Cyber Recovery Plans On-Demand and Orchestrate Rapid Recovery to a Clean Location in the Cloud

TINTON FALLS, NJ – April 29, 2024 — / BackupReview.info / — Commvault, a leading provider of cyber resilience and data protection solutions for the hybrid cloud, is announcing a new era in cleanroom technology.

Via its groundbreaking Commvault® Cloud Cleanroom Recovery offering, the company is transforming – from every vantage point – what recovery looks like in the modern world:

  • how companies can safely and securely recover a clean copy of their data after a cyberattack;
  • where they can recover to – ushering in on-demand cleanroom recovery to the cloud;
  • which companies can access cleanroom technology – not just the Fortune 50, but organizations of all sizes; and
  • when recovery testing can be done – monthly if desired – so CISOs can say with confidence to their board, ‘when we’re hit, we know we can make a clean recovery.’

A cleanroom is an isolated recovery environment that is frequently used for secure cyber recovery scenarios. However, traditional cleanrooms are often resource-intensive, requiring organizations to maintain duplicative environments for every critical application across every server and every location. Many organizations simply can’t afford to do this.

Additionally, many companies don’t have the time, money, or staff required to test all the interdependencies across these types of hybrid environments to know they can recover when attacked. If they can test, and it fails, they often don’t have the resources to test again. This leaves organizations unpracticed, vulnerable, and at the mercy of bad actors. Commvault is solving these problems.

The Cleanroom Concept Reimagined 

Commvault has reimagined the cleanroom from the ground up.

First, Cleanroom Recovery is being extended to support Commvault’s SaaS customers*. This deployment option democratizes the technology so that companies of all sizes can benefit from the offering. Second, the cleanroom is being hosted in the cloud. When bad actors strike, Cleanroom Recovery is designed to orchestrate recovery into a clean, isolated location in Microsoft Azure. Customers can do this on-demand and only pay for it when they use it. Third, Cleanroom Recovery uniquely gives organizations the ability to rapidly and regularly test and, if necessary, retest their cyber recovery plans with ease across their IT infrastructure.

“With disaster recovery, testing your recovery strategy once a year was fine. For example, with a natural disaster, you didn’t have to worry about bad actors infiltrating your systems. You just needed to be able to recover. Now, with AI-driven attacks, threat vectors change by the hour. The need to not only test your recovery frequently but know you have a clean place to recover in the cloud has never been more important,” said Brian Brockway, CTO, Commvault.

Cleanroom Recovery provides numerous benefits.

Simple: 

  • Customers can quickly set up a cleanroom-on-demand in Microsoft Azure.
  • Cleanroom Recovery also simplifies the recovery of applications and the data those applications rely on. For example, Cleanroom Recovery will be designed to restore Microsoft Active Directory*. This is the service that controls human access to all applications and other critical enterprise assets. Being able to easily restore Active Directory and validate its consistency and operational health can help ensure proper authorizations to data remain in place.

Secure:

  • With Commvault, because the cleanroom is generated on-demand in the cloud, it is designed to be untainted since it doesn’t exist until the organization needs to use it.
  • Commvault cleanrooms are in an isolated environment, so application testing and production system backup can be conducted in a safe space.
  • Cleanroom Recovery includes an integration with Microsoft Defender that automates threat scanning to help ensure data is clean.
  • In addition, Cleanroom Recovery will include capabilities** that enable companies to rebuild applications and services from a known clean state, as needed. This can help customers maintain server operations while enhancing security and efficiency.

Intelligent:

  • AI-enabled Cleanpoint™ Validation automatically empowers customers to rapidly identify the last clean recovery point.
  • Users can customize recovery sequences, so data is recovered in a logical order. Users can also easily convert VMs from any hypervisor to Azure VMs.
  • A forthcoming integration with Palo Alto Networks Cortex XSOAR** extends the power of Commvault Cloud Cleanroom Recovery. It enables customers to investigate security incidents by utilizing XSOAR to enrich incidents with the latest threat intelligence data – streamlining the recovery of compromised assets into a cleanroom for forensic analysis and rapid, secure cyber recovery.

With Cleanroom Recovery, customers also benefit from the Commvault Cloud platform, powered by Metallic AI. Commvault Cloud meets the most stringent global security standards and is currently the only FedRAMP High In Process data protection platform. The platform’s unique architecture enables customers to secure and recover their data, across any workload, and from any location to any location. And, in the future, via its recent Appranix acquisition, Cleanroom customers will be able to uniquely blend risk, readiness, and recovery capabilities provided by Commvault with cloud application rebuild capabilities provided by Appranix.

“Enterprises need to think about their cyber preparedness strategy, including protecting mission critical assets via secure and air-gapped backups and the ability to recover fast,” said Aung Oo, General Manager, Azure Storage, Microsoft. “Commvault Cloud Cleanroom Recovery augments air-gapped data protection built on Azure with fast and secure recovery. It enables customers to test their resilience plans, and when necessary, recover to a trusted, clean, isolated location in Microsoft Azure. The clean and isolated copy also enables forensics for auditors and insurers and gives organizations a tremendous advantage in the fight against ransomware and other cyber threats.”

“As cyberthreats grow in frequency and sophistication, global enterprises recognize the need to bolster their defenses with proactive security measures that safeguard not just their data, but the entirety of their business operations,” said Mark Bridges, Sr. Director, Strategic Alliances, Pure Storage. “Pure Storage and Commvault share a deep commitment to empower customers in navigating this journey with confidence, prioritizing rapid recovery that supports comprehensive data protection. We’re thrilled to see the launch of Commvault Cloud Cleanroom Recovery and look forward to our continued partnership to foster a future where businesses thrive securely.”

“Our research shows that ransomware and cyberattacks in general are an existential risk for the vast majority of organizations. In an environment where ransomware and AI-driven cyberattacks are increasingly sophisticated, Commvault Cleanroom Recovery critically enables organizations to maintain operational integrity through a continuous loop of testing and constant adaptation,” said Christophe Bertrand, Practice Director, Enterprise Strategy Group. “This solution not only meets the critical need for resilience but evolves with it.”

Supporting Quotes: Customers 

  • American Pacific Mortgage: “Cleanroom Recovery is a game-changer for Commvault Cloud,” said Michele Buschman, CIO, American Pacific Mortgage. “It enables comprehensive testing, and retesting, on the fly which is something that traditional cleanroom solutions don’t provide. It also is designed to help organizations to rapidly recover from a cyber incident. The level of confidence and security this innovative solution can provide is invaluable.”
  • Emerson: “Commvault Cloud Cleanroom Recovery not only enables organizations to test their recovery plans often, but know that if they’re hit, they can be resilient,” said Zach Kruszewski, Manager CCoE Compute Architecture and Design Team, Emerson Electric. “Having this sense of security is so important in the ransomware era.”
  • Kelyn Technologies US: “We are genuinely excited about the advent of Cleanroom technology in our services,” said Kevin Cronin, CEO & Co-Founder, Kelyn Technologies US. “This approach allows us to test our recoverability and create a meticulous checklist for system recovery, utilizing a fully segmented Cleanroom to rapidly restore critical infrastructure. It’s our answer to mitigating today’s ransomware threats, providing a secure environment to assess and ensure recoverability.”

Other Supporting Quotes

  • HCLTech: “For over 10 years, some of the world’s largest enterprises have trusted HCLTech and Commvault to deliver offerings that help secure, manage, and recover their data across hybrid and multicloud environments,” said Rampal Singh, Head of Hybrid Cloud Services, HCLTech. “The Cleanroom Recovery solution takes innovation to the next level, enabling us to pioneer a simpler, more intelligent, and achievable approach to cyber resilience.”
  • Hitachi Vantara: “The launch of Commvault Cloud Cleanroom Recovery represents a powerful addition to Hitachi Vantara’s robust data resilience offerings, and as a result, our shared goal of delivering true cloud security and resilience to customers has never been more attainable,” said Dan McConnell, Senior Vice President of Product Management for Digital Infrastructure, Hitachi Vantara. “Providing customers with the ability to test their cyber recovery plans in advance, along with having a clean recovery point, fills a critical gap in the marketplace today.”
  • Kyndryl: “Given the changing Regulatory landscape with focus on new and updated Regulatory Technical Standards coming into effect, Cyber Regulation Readiness is a top priority for C-suite and executive board members – they need to know their organization’s data will be secure, recoverable, and quickly operational following an attack,” said Allen Downs, Vice President, Global Resiliency Domain Leader, Kyndryl. “The mindset is – “Business Operational Risk” and the ability to execute and report on their ability to Recover is critical. This is driving the need for mature capabilities to protect and maintain a verifiable copy of critical Data, and driving the need for new workflow processes including Cleanroom Recovery to detect and verify data is free of infection, both to and from a secure airgap immutable Cyber Vault. Capabilities like Cleanroom Recovery enable us to help deliver on this mandate, giving customers a secure, clean space for testing and recovery that balances cost with risk mitigation – now that is true ‘cyber resilience by design’.”

Availability

Unless otherwise noted, the latest features of Cleanroom Recovery are available now.

*Functionality of these features is targeted for availability in summer 2024.

**Functionality of these features is targeted for availability in fall 2024.

More Information

About Commvault
Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

About Commvault
Commvault (NASDAQ: CVLT) is the gold standard in cyber resilience, helping more than 100,000 organizations keep data safe and businesses resilient and moving forward. Today, Commvault offers the only cyber resilience platform that combines the best data security and rapid recovery at enterprise scale across any workload, anywhere—at the lowest TCO.

Media Contact:
Kevin Komiega
Commvault
978-834-6898
kkomiega@commvault.com

Investor Relations Contact:
Michael J. Melnyk, CFA
Commvault
732-865-0458
mmelnyk@commvault.com

Source: Commvault

 

 

Veeam Recognizes Top-performing Partners in in Middle East and CIS with 2023 Veeam ProPartner Awards

DUBAI, UAE – 29th April 2024 — / BackupReview.info / — Veeam® Software, the #1 leader by market share in Data Protection and Ransomware Recovery, today announced the winners of the 2023 Veeam ProPartner Awards in Middle East and CIS. These annual awards celebrate the exceptional achievements and unwavering dedication of Veeam Value-Added Resellers (VAR) and Veeam Cloud & Service Provider (VCSP) partners. As a partner-first company, Veeam takes immense pride in acknowledging these partners for their ability to prioritize customer support and leverage the unrivalled capabilities of Veeam’s products and related services. These award winners have successfully delivered radical resilience for their customers in today’s ever-changing IT landscape, ensuring the enhanced protection and recoverability of diverse workloads, data, and applications.

Kinda Baydoun, Sr. Manager of Channels, Distribution and Alliances – Middle East & CIS at Veeam, said: “Today every single organization runs on data. Protecting that data and ensuring it can be rapidly recovered if something bad happens is becoming a critical priority. According to the findings of the latest Veeam Data Protection Trends Report, 76% of organizations have suffered a cyberattack in the past twelve months. It’s a question of when, not if there’s an attack and that underscores the critical need for organizations to ensure they are cyber resilient, either through in-house efforts or with the assistance of specialized third-party support.”

“At Veeam, we firmly believe that cyber resilience is a collaborative endeavor. From the very beginning, the Veeam ProPartner Network has been meticulously designed as a mutually beneficial framework. It grants access to Veeam’s exceptional resources within our partner ecosystem, empowering partners to meet the data protection and recovery needs of customers while simultaneously fostering predictable and profitable business growth. We deeply value and appreciate our local ProPartner Network, whose contributions have been instrumental in our shared 2023 achievements. I congratulate this year´s winners who have surpassed themselves and whose commitment and partnership are truly exemplary and inspiring for the entire network.”

The following Veeam ProPartners were recognized for their outstanding performance:

For partners (VARs or VCSPs) who have demonstrated the highest growth in Veeam sales during 2023.

For partners who closed the greatest number of SMB deals in 2023.

For partners in Saudi Arabia with the highest revenue achievement in 2023 and highest commitment towards investing to grow their business with Veeam through enablement and joint marketing activities.

For partners in South Gulf with the highest revenue achievement in 2023 and highest commitment towards investing to grow their business with Veeam through enablement and joint marketing activities.

For partners in North Gulf with the highest revenue achievement in 2023 and highest commitment towards investing to grow their business with Veeam through enablement and joint marketing activities.

  • Levant Partner of the Year: Protech

For partners in Levant with the highest revenue achievement in 2023 and highest commitment towards investing to grow their business with Veeam through enablement and joint marketing activities.

For partners in Egypt with the highest revenue achievement in 2023 and highest commitment towards investing to grow their business with Veeam through enablement and joint marketing activities.

For partners in CIS with the highest revenue achievement in 2023 and highest commitment towards investing to grow their business with Veeam through enablement and joint marketing activities.

For partners in Middle East & CIS with the highest revenue achievement in 2023 and highest commitment towards investing to grow their business with Veeam through enablement and joint marketing activities.

For distributors in Middle East & CIS with the highest revenue achievement in 2023 and who also have the largest channel coverage (active partners) and have opened new revenue streams through new routes to market.

For Veeam Aggregators in Middle East & CIS with significant and consistent revenue growth in 2023, and who have the largest Veeam VCSP channel partners coverage (active partners) in the region.

Becoming a Partner with the Global Leader
Veeam’s ProPartner Network is a global community of individuals and organizations who share a passionate commitment to helping businesses become more cyber resilient. With comprehensive capabilities spanning the B2B technology landscape, partners are supported by the industry’s foremost data protection and ransomware recovery platform. In collaboration with our partners, Veeam empowers organizations with the tools and expertise needed to navigate the challenges of today’s digital landscape and ensures their utmost data protection and recovery capabilities.

To learn more about the Veeam ProPartner Network, please visit https://www.veeam.com/partner-with-veeam.

VeeamON 2024
Registration is now open for the 10th annual VeeamON event, taking place June 3-5, 2024, at the Diplomat Resort in Fort Lauderdale, Florida and online: https://www.veeam.com/veeamon.

For more information, visit www.veeam.com.

About Veeam Software
Veeam, the #1 global market leader in data protection and ransomware recovery, is on a mission to help every organization not just bounce back from a data outage or loss but bounce forward. With Veeam, organizations achieve radical resilience through data security, data recovery, and data freedom for their hybrid cloud. The Veeam Data Platform delivers a single solution for cloud, virtual, physical, SaaS, and Kubernetes environments that gives IT and security leaders peace of mind that their apps and data are protected and always available. Headquartered in Seattle, Washington with offices in more than 30 countries, Veeam protects over 450,000 customers worldwide, including 74% of the Global 2000, who trust Veeam to keep their businesses running. Radical resilience starts with Veeam. Learn more at www.veeam.com or follow Veeam on LinkedIn @veeam-software and X @veeam

Contact:
Veeam Software, Public Relations Manager, Corporate & Americas
Heidi Monroe Kroft
614-339-8200 x8309
heidi.kroft@veeam.com

Source: Veeam

 

 

Probax MSP Backup simplifies Veeam’s Enterprise capabilities, integrates with Wasabi and so much more

NEW YORK, NY – April 29, 2024 — / BackupReview.info / — Probax today announced a new partnership with TD SYNNEX, a leading global distributor and solutions aggregator for the IT ecosystem. This partnership will make best-in-class data protection available to Managed Service Providers (MSPs) and their customers by leveraging the benefits of the Veeam Data Platform with the cost-effectiveness and versatility of Wasabi hot cloud storage, by adding Probax to its portfolio.

“Probax is delighted to partner with TD SYNNEX for our latest backup management platform, MSP Backup,” says Tim Smith, CEO at Probax. “MSP Backup is the ‘easy button’ for MSPs that serve Small-to-Medium Sized Businesses (SMBs) and who would greatly benefit from market-leading Veeam and Wasabi technologies. MSP Backup eliminates operational inefficiencies for MSPs while proactively and automatically protecting against ransomware attacks. This is backup automation unlike you’ve seen before.”

With MSP Backup, TD SYNNEX customers can easily safeguard physical, virtual, public cloud and Microsoft 365 workloads with comprehensive multi-client visibility, granular control and time-saving automation.

“TD SYNNEX is committed to uniting IT solutions that deliver business outcomes today and unlock growth for the future,” Cheryl Day, VP of New Vendor Acquisition and Global Solutions at TD SYNNEX. “With Probax added to our vast portfolio of vendor partners, we’re able to enrich the breadth and depth of our secure storage and backup offerings so MSP customers can do great things with technology.”

MSPs can seamlessly manage all their Veeam-protected client environments with a choice of BYO or bundled Veeam licenses and BYO or bundled Wasabi storage. Get centralized multi-client visibility, management and automation, flexible protection, data residency and portability, security and immutability.

“Veeam is on a mission to help every organization to not just bounce back from a data outage or loss but bounce forward. We do this by enabling them to achieve radical resilience through data security, data recovery, and data freedom,” said Matt Kalmenson, VP Global Sales and GTM, Cloud and Service Providers (VCSP). “It’s great to see our partners Probax and TD SYNNEX providing MSPs with a future-proofed integration between Veeam and Wasabi that enables them to help their SMB customers be resilient against any potential data loss or cyber attack.”

“With the combination of Probax MSP Backup with Veeam and Wasabi now available through TD SYNNEX, it’s even easier for MSPs to access and deliver end-to-end immutable backups for their SMB clients,” said Laurie Mitchell, Senior Vice President, Global Partner Marketing at Wasabi Technologies. “Wasabi is excited to integrate into this solution now made available through the leading global distributor and solutions aggregator for the IT ecosystem.”

Get started with a free trial today — https://msp.probax.io/Join/

ABOUT PROBAX
Probax is a multi-award-winning data protection software provider for Managed Service Providers (MSPs). As a Platinum Veeam Cloud & Service Provider (VCSP), Probax proudly holds numerous VCSP Innovation and VCSP Partner of the Year awards from Veeam. Trusted by thousands of organizations across the globe, Probax delivers cutting-edge data protection and cloud storage solutions through innovative automation technology, simplifying operations and driving down costs.

For more information, visit us at probax.io and follow us on LinkedIn.

ABOUT TD SYNNEX
TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We’re an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX’s 23,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 2,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, AI, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit www.TDSYNNEX.com, follow our newsroom or follow us on LinkedIn, Facebook and Instagram.

Copyright 2024 TD SYNNEX Corporation. All rights reserved. TD SYNNEX, the TD SYNNEX Logo, and all other TD SYNNEX company, product and services names and slogans are trademarks of TD SYNNEX Corporation. Other names and trademarks are the property of their respective owners.

ABOUT VEEAM SOFTWARE
Veeam®, the #1 global market leader in data protection and ransomware recovery, is on a mission to help every organization not just bounce back from a data outage or loss but bounce forward. With Veeam, organizations achieve radical resilience through data security, data recovery, and data freedom for their hybrid cloud. The Veeam Data Platform delivers a single solution for cloud, virtual, physical, SaaS, and Kubernetes environments that gives IT and security leaders peace of mind that their apps and data are protected and always available. Headquartered in Columbus, Ohio, with offices in more than 30 countries, Veeam protects over 450,000 customers worldwide, including 73% of the Global 2000, who trust Veeam to keep their businesses running. Radical Resilience starts with Veeam. Learn more at www.veeam.com or follow Veeam on LinkedIn @veeam-software and X @veeam.

ABOUT WASABI TECHNOLOGIES
Wasabi provides simple and affordable hot cloud storage for businesses all over the world. It enables organizations to store and instantly access an unlimited amount of data with no complex tiers or egress or API fees, delivering predictable costs that save money and industry leading security and performance businesses can count on. Trusted by customers worldwide, Wasabi has been recognized as one of technology’s fastest-growing and most visionary companies. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi is a privately held company based in Boston. Wasabi is a Proud Partner of the Boston Red Sox, and the Official Cloud Storage Partner of Liverpool Football Club and the Boston Bruins. Follow and connect with Wasabi.com on Linkedin, X, Facebook, Instagram, and The Bucket.

For media enquiries, please contact:
Sam Meegahage
COO & Company Secretary
sam.meegahage@probax.io
+1 888-877-6229

Source: Probax

 

 

Customers, partners, and MSPs can leverage the leading online backup solution while adding secure, fast data protection and cyber-resiliency

SAN FRANCISCO, CA – April 26, 2024 — / BackupReview.info / — Parablu announced today a new partnership with Backblaze, a leading specialized storage cloud, enabling businesses reliant on the Microsoft M365 ecosystem with a more secure and easy storage solution for their operations’ critical data.

Many businesses rely on productivity and collaboration suites to run their business, but often, their data is backed up by the same services, producing a single point of failure. By integrating Backblaze as a storage tier outside of Azure for customers using tools like M365, OneDrive, Exchange, Teams, and/or SharePoint, Parablu is providing its customers with cloud storage that is easy to use, highly affordable at one-fifth the cost of legacy providers, secured with immutable backups, and high-performing with industry-leading small file uploads.

B2 Cloud Storage’s benefits will now be available to all Parablu customers and partners, especially those M365 customers with many small M365 e-mails, SharePoint items, and OneDrive files. Users can expect to see significantly faster upload speeds for smaller files without any change to durability, availability, or pricing. The faster data upload bolsters security and enhances data protection by securing data in the offsite backup faster, limiting the time that the data is vulnerable.

“Our partnership with Parablu validates our commitment to provide customers with secure, scalable, and affordable data protection and management solutions,” said David Ngo, Chief Product Officer at Backblaze. “We share Parablu’s passion for protecting data in M365 and look forward to serving more businesses in this space as we coordinate our efforts.”

Backblaze’s ability to enable immutable storage is a welcome benefit to all Parablu customers, especially those with multi-national and data sovereignty requirements. Further benefits of the partnership include granular management of M365 items and individual files, instant Cyber-Resiliency, Anomaly-Detection and Ransomware Alert and Recovery, and simplistic administration for storage and data management. Additionally, users can also use Backblaze as a storage target enabling ease of migration to newer and different operating systems.

Parablu’s Chief Strategy Officer / CTO, Randy De Meno added; “Partnering with Backblaze offers our customers a secure, cost-efficient storage alternative. We’ve witnessed a growing demand for secure, fast, and affordable storage that compliments public cloud storage and we look forward to continued innovation with Backblaze.”

The joint solution is available for customers today. Businesses currently using Parablu or Backblaze can easily add the additional platform as the companies’ technical documentation outlines.

Backblaze shared more about the partnership on their bloghttps://www.backblaze.com/blog/backblaze-and-parablu-team-up-to-elevate-security-for-microsoft-365-users/

About Parablu
As pioneers in data security and enterprise cloud migration, Parablu specializes in cutting-edge solutions, empowering organizations to embrace the cloud confidently with state-of-the-art security infrastructure. Led by a team of seasoned experts boasting a stellar three-decade track record, Parablu is committed to engineering world-class solutions that have earned the trust of thousands of enterprises globally. Parablu’s groundbreaking technology, BluKrypt™, creates a secure haven within the customer’s chosen cloud storage – exclusively under CUSTOMER control.

Parablu seamlessly integrates with end-user storage subscriptions like OneDrive and Google Drive. Customers can save up to 70% on TCO without compromising security. For better insights into BluVault, request a demo. This interactive session will provide a comprehensive overview of BluVault’s features, functionalities, and potential benefits tailored to your specific needs.

For more information, visit: https://www.parablu.com

About Backblaze
Backblaze makes it astonishingly easy to store, use, and protect data. The Backblaze Storage Cloud provides a foundation for businesses, developers, IT professionals, and individuals to build applications, host content, manage media, back up and archive data, and more. With over three billion gigabytes of data storage under management, the company currently works with more than 500,000 customers in over 175 countries. Founded in 2007, the company is based in San Mateo, CA. For more information, please go to www.backblaze.com

Parable Contact:
Lenny Daniele
Parablu
+1 732-642-9009
ldaniele@parablu.com

Backblaze Contact
Jeanette Foster
Communications Manager
press@backblaze.com

Source: Parablu

 

 

SEATTLE, Wash. — April 25, 2024 — / BackupReview.info/ — Veeam® Software has been ranked the #1 global provider by International Data Corporation (IDC) in its latest IDC Semiannual Software Tracker, 2023H2 for Data Replication & Protection softwarei. The tracker reports that Veeam, with a year-over-year growth rate (not adjusted for constant currency) of 15.9%, grew faster than the other top five vendors and the overall market average in 2H23. According to the tracker, Veeam’s revenue grew 16.7% sequentially over the first half of 2023.

“Veeam’s success is built on our innovation excellence, giving our customers the freedom to backup, protect and securely recover their data instantly, with minimal to no downtime, regardless of reasons – from ransomware attacks to natural disasters. This is critical for every organization,” said Anand Eswaran, CEO at Veeam. “We breezed past $1.5 billion in ARR (annual recurring revenue) in FY2023, and this strong market out-performance is an outcome of our customers’ trust in our secure ransomware recovery solutions across every environment (physical, virtual, hybrid, cloud) and every app (on-premises, SaaS). At a time when cyber-attacks are endemic, every organization needs to protect their valuable business data with immutable backups and if the worst happens, they need to recover rapidly. This is how Veeam gives our customers peace of mind. I thank our 450,000 customers and our incredible partners for their support and trust, which has enabled us to continue to lead the market.”

Veeam recently launched Veeam Data Cloud which delivers the confidence and reliability of the industry’s leading backup and ransomware recovery platform with the ease and accessibility of a cloud service. Microsoft and Veeam have announced an extended strategic partnership to jointly develop AI innovation and co-sell Veeam Data Cloud.

In 2023H2, Veeam announced Veeam Data Platform 23H2 update, including Veeam Backup & Replication™ v12.1 release as well as Veeam ONE v12.1 and Veeam Recovery Orchestrator v7. With a focus on radical resilience, this release includes hundreds of new features and enhancements designed to not only protect enterprises’ most critical data, but to enable them with radical resilience to bounce forward from ransomware and cyber-attacks.

VeeamON 2024
Registration is now open for the 10th annual VeeamON event, taking place June 3 – 5, 2024 at the Diplomat Resort in Fort Lauderdale, Florida and online. VeeamON 2024 Diamond Sponsors include ExaGridHewlett Packard EnterpriseLenovo and Microsoft; Platinum sponsors BackblazeHitachiPure StorageScality, and Wasabi; and many others. Register now for VeeamON 2024 onsite or attend virtually for free.

For more information, visit www.veeam.com.

About Veeam Software
Veeam®, the #1 global market leader in data protection and ransomware recovery, is on a mission to help every organization not just bounce back from a data outage or loss but bounce forward. With Veeam, organizations achieve radical resilience through data security, data recovery, and data freedom for their hybrid cloud. The Veeam Data Platform delivers a single solution for cloud, virtual, physical, SaaS, and Kubernetes environments that gives IT and security leaders peace of mind that their apps and data are protected and always available. Headquartered in Seattle, with offices in more than 30 countries, Veeam protects over 450,000 customers worldwide, including 74% of the Global 2000, who trust Veeam to keep their businesses running. Radical Resilience starts with Veeam. Learn more at www.veeam.com or follow Veeam on LinkedIn @veeam-software and X @veeam.

IDC’s Worldwide Semiannual Software Tracker, 2023H2 for Data Replication & Protection software

Contact:
Veeam Software, Public Relations Manager, Corporate & Americas
Heidi Monroe Kroft
614-339-8200 x8309
heidi.kroft@veeam.com

Source: Veeam

 

 

Acronis Cyber Protect Cloud and Stellar Cyber Open XDR improve investigation performance and security outcomes

SAN JOSE, Calif. – April 25, 2024 — / BackupReview.info / — Today, Stellar Cyber, the innovator of Open XDR, announced a new partnership with Acronis, a global leader in cybersecurity and data protection, to deliver an optimized threat detection and response solution enabling MSPs to protect on-premises, cloud, hybrid, and IT/OT environments most cost-effectively and efficiently possible. Through this partnership, Stellar Cyber and Acronis aim to help organizations protect themselves from advanced cyberattacks by removing artificial obstacles that make it difficult for security teams to identify and mitigate threats effectively.

Acronis Cyber Protect Cloud enables Managed Service Providers (MSPs) to deliver integrated backup, disaster recovery, advanced security, and endpoint management at scale while preserving margins and streamlining business operations with powerful automation capabilities and broad integrations. Acronis Advanced Security with Endpoint Detection and Response provides unmatched advanced threat detection and remediation capabilities designed for MSPs. When combined with Stellar Cyber’s Open XDR Platform, MSPs can benefit from streamlined data management, threat detection and correlation, and unmatched visibility.

“We are excited to partner with Acronis, and about the added value MSPs will gain from our combined solution,” said Andrew Homer, VP of Strategic Alliances at Stellar Cyber. “Once the Acronis data is ingested and normalized, Stellar Cyber uses machine learning to identify potential threats against the environment. Once detected, Stellar Cyber’s built-in response capabilities, enable a security analyst to take remediation actions against the threat directly from the Stellar Cyber UI, streamlining the entire process.”

Key benefits of the Stellar Cyber and Acronis partnership include:

  • Improved threat visibility across diverse environments.
  • Productivity is gained across the security team by eliminating manual processes associated with moving data from one tool to another.
  • Produce industry-low false-positive alert rates using cutting-edge threat detection technologies incorporated in the combined solution.

With the power of Stellar Cyber Open XDR with the Acronis Cyber Protect Cloud, MSPs can seamlessly ingest logs, query alerts, and integrate telemetry into a data lake. Adding the Acronis Cyber Protect Cloud and enabling the integration is effortless. Acronis provides a step-by-step guide to ensure a smooth integration process, so MSPs can focus on what is most important – clients’ data protection. Ultimately, this integration enhances cybersecurity capabilities and threat detection. With configurable intervals and robust content collection, MSPs stay protected and in control of cybersecurity ecosystems by staying ahead of potential threats.

To learn more about how to enhance cybersecurity with Stellar Cyber Open XDR and Acronis Cyber Protect Cloud, please visit: https://solutions.acronis.com/en-us/integrations/stellar-cyber/

About Stellar Cyber
Stellar Cyber Open XDR platform delivers comprehensive, unified security without complexity, empowering lean security teams of any skill to secure their environments successfully. With Stellar Cyber, organizations reduce risk with early and precise identification and remediation of threats while slashing costs, retaining investments in existing tools, and improving analyst productivity, delivering a 20X improvement in MTTD and an 8X improvement in MTTR. The company is based in Silicon Valley. For more information, contact https://stellarcyber.ai

About Acronis
Acronis is a global cyber protection company that provides natively integrated cybersecurity, data protection, and endpoint management for managed service providers (MSPs), small and medium businesses (SMBs), and enterprise IT departments. Acronis solutions are highly efficient and designed to identify, prevent, detect, respond, remediate, and recover from modern cyberthreats with minimal downtime, ensuring data integrity and business continuity. Acronis offers the most comprehensive security solution on the market for MSPs with its unique ability to meet the needs of diverse and distributed IT environments.

A Swiss company founded in Singapore in 2003, Acronis has 45 locations across the globe. Acronis Cyber Protect is available in 26 languages in 150 countries and is used by over 20,000 service providers to protect over 750,000 businesses. Learn more at www.acronis.com

PR Contact:
Charlie Rubin
Story Communications
charlie@storypr.com
+1 510-908-3356

Source: Stellar Cyber

 

 

CAMPBELL, Calif. – April 25, 2024 — / BackupReview.info / — Komprise, the leader in analytics-driven unstructured data management and mobility, today announced that it has been selected as the winner of a Gold Stevie® Award in the Data Tools & Platforms, New Product & Services category of The 22nd Annual American Business Awards® (ABA). Komprise was recognized for Storage Insights, a unified console for data-centric and storage-centric metrics. The Stevie Award is the fourth industry award for Komprise in 2024, as the SaaS company continues its trajectory of rapid growth to meet the needs of enterprises managing petabyte-scale file and object data environments. See this page for a list of all Komprise awards and honors.

Komprise Intelligent Data Management brings visibility across data silos through granular search, data classification, data tagging, dashboards and reporting. The simple UI allows users to analyze, migrate, transparently tier, replicate and manage data at scale simply and reliably—across all storage from the data center to the cloud.

Storage Insights gives IT users a simpler, more efficient view of storage capacity and trends by vendor and key data insights such as percentage of modified or new data. Users can sort shares and view by largest, most cold data, highest recent modified data, least free space, most and least data archived or tiered by Komprise and more, and execute actions directly from the console. Komprise also delivers Smart Data Workflows to streamline and automate the search, tagging and movement of unstructured data to AI tools and storage platforms.

“Komprise’s advanced analytics solutions empower businesses to gain valuable insights from their unstructured data, facilitating data-driven decision-making and cost savings,” remarked an ABA judge. “Their commitment to data analysis and mobility has earned them recognition as a leader in business analytics and data management solutions.”

“AI can be a competitive differentiator, but feeding it the right unstructured data is key to success,” says Krishna Subramanian, COO and cofounder of Komprise. “We are grateful for the recognition we are receiving from our customers who rely on Komprise to harness the value of unstructured data with proper data governance while optimizing its costs, regardless of where the data lives.”

The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. Over 3,700 nominations from organizations of all sizes and in nearly every industry were submitted this year for consideration in many categories.

Details about The American Business Awards and the list of 2024 Stevie winners are available at www.StevieAwards.com/ABA.

About Komprise
Komprise is a provider of unstructured data management and mobility software that frees enterprises to easily analyze, mobilize, and monetize file and object data across hybrid cloud data storage without shackling data to any one vendor. With Komprise Intelligent Data Management, enterprise IT teams optimize enterprise storage, backup and cloud costs while making the right data available to analytics and AI tools.

About the Stevie Awards
Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service, and the new Stevie Awards for Technology Excellence. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

Contact:
Kevin Wolf
kevin@tgprllc.com

Source: Komprise

 

 

PALO ALTO, Calif. – April 24, 2024 — / BackupReview.info / — Rubrik, Inc. today announced the pricing of its upsized initial public offering of 23,500,000 shares of its Class A common stock at a public offering price of $32.00 per share. In addition, Rubrik has granted the underwriters a 30-day option to purchase up to an additional 3,525,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the New York Stock Exchange on April 25, 2024, under the symbol “RBRK.” The offering is expected to close on April 29, 2024, subject to customary closing conditions.

Goldman Sachs & Co. LLC, Barclays, Citigroup, and Wells Fargo Securities are acting as lead book-running managers for this offering, with Goldman Sachs & Co. LLC acting as representative of the underwriters. Guggenheim Securities, Mizuho, Truist Securities, BMO Capital Markets, and Deutsche Bank Securities are acting as additional book-running managers. KeyBanc Capital Markets, Cantor, CIBC Capital Markets, Capital One Securities, Wedbush Securities, and SMBC Nikko are acting as co-managers for the offering.

A registration statement related to the shares being sold in this offering was declared effective by the U.S. Securities and Exchange Commission on April 24, 2024. This offering is being made only by means of a prospectus, copies of which may be obtained, when available, from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, or by email at prospectus-ny@ny.email.gs.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Rubrik
Rubrik is on a mission to secure the world’s data. With Zero Trust Data Security™, we help organizations achieve business resilience against cyberattacks, malicious insiders, and operational disruptions. Rubrik Security Cloud, powered by machine learning, secures data across enterprise, cloud, and SaaS applications. We help organizations uphold data integrity, deliver data availability that withstands adverse conditions, continuously monitor data risks and threats, and restore businesses with their data when infrastructure is attacked.

For more information, visit: https://www.rubrik.com

Contacts:
Jessica Moore
Vice President of Communications, Rubrik
415.244.6565
Jessica.Moore@rubrik.com

Melissa Franchi
Head of Investor Relations, Rubrik
781.367.0733
Melissa.Franchi@rubrik.com

Source: Rubrik

 

 

Druva’s Partner of the Year Awards honor top global partners for their excellence in delivering data protection to customers

SANTA CLARA, Calif. – April 24, 2024 — / BackupReview.info / — Druva, the first and only at-scale SaaS platform for data resiliency, announced its inaugural Druva Partner of the Year Awards celebrating partners’ achievements across categories for their expertise in leveraging Druva and delivering guaranteed data security.

The Druva Partner of the Year Awards 2024 recognizes a set of select partners for their exceptional performance, innovation, and commitment to achieving mutual success. These awards celebrate a wide range of global partners whose business models have embraced a Cloud-first SaaS selling motion helping customers simplify their data protection landscapes and save money.

This week, Druva recognized its partners during an awards ceremony at Druva’s Sales Kickoff and Partner Advisory Board event in Nashville, Tennessee. The event provided a platform to acknowledge the dedication and achievements of partners across a variety of categories, and Druva is proud to announce the following winners:

  • Americas Partner of the Year: CDW
  • International Partner of the Year: Phoenix Software
  • Global Distribution Partner of the Year: Arrow UK
  • Global Emerging Partner of the Year: Advizex
  • Global Managed Service Provider Partner of the Year: NetNordic
  • Global Public Sector Partner of the Year: Sterling Computers
  • Global AWS Route to Market Partner of the Year: SHI
  • Global Dell Route to Market Partner of the Year: The Redesign Group

Mike Houghton, Senior Vice President of Global Partners and Alliances, congratulated the winners, stating, “Partners are at the core of Druva’s business. We are committed to strengthening partnerships and delivering mutual value to our partners and joint customers alike. We appreciate all our partners for their ongoing support, collaboration efforts, and dedication to upleveling resiliency.”

Druva continues to fortify its Partner+ Program by introducing an inaugural Partner Advisory Board. This board aims to build upon new and established partner relationships, provide strategic guidance, and drive growth and business value. The Druva Partner+ Program continues to successfully equip partners with cloud selling tools to create differentiation, accelerate sales velocity with easy-to-deploy solutions, and further boost revenue retention and recurring profits using subscription models.

About Druva
Druva enables cyber, data and operational resilience for every organization with the Data Resiliency Cloud, the industry’s first and only at-scale SaaS solution. Customers can radically simplify data protection, streamline data governance, and gain data visibility and insights as they accelerate cloud adoption. Druva pioneered a SaaS-based approach to eliminate complex infrastructure and related management costs, and deliver data resilience via a single platform spanning multiple geographies and clouds. Druva is trusted by thousands of enterprises, including 60 of the Fortune 500 to make data more resilient and accelerate their journey to cloud. Visit druva.com and follow us on LinkedInTwitter and Facebook.

Media Contact:
Justin Augat
VP, Product Marketing & Communications
Druva Inc.
+1.508.846.7518
justin.augat@druva.com

Source: Druva

 

 

Strategic Location and Advanced Features Enable High-Density Colocation Services Along the I-95 Corridor

WILMINGTON, Del. – April 24, 2024 — / BackupReview.info / — DaSTOR, an enterprise-focused provider of scalable and secure hybrid colocation solutions, today announced the acquisition of a purpose-built data center facility located at 3 Boulden Circle in New Castle, Delaware. With over 30,000 square feet of raised floor to support the immediate needs of new customers, this facility enhances DaSTOR’s capacity to deliver optimized, enterprise-class data management solutions, while also offering the high density solutions critical for cloud and AI service providers.

Strategically located along the Interstate-95 corridor, and ideally positioned between the key cloud/data center markets of Ashburn, Virginia and New York/New Jersey, this location provides multiple connectivity options from various network providers, suitable for cloud providers, enterprises, and technology firms. Delaware’s tax advantages for IT equipment spend further enhance the facility’s appeal.

Kevin Mulqueen, CEO of DaSTOR, shared, “We are excited about this strategic expansion into New Castle, DE, which supports the growing demand for our services. Our commitment to providing straightforward, adaptable solutions enables our clients to leverage the latest in AI and cloud services, supporting our ongoing growth and scalability.”

Key features of the new DaSTOR data center facility include:

  • 2N+1 UPS redundancy, providing high-level power reliability
  • N+1 cooling redundancy, for optimal environmental control
  • Comprehensive security measures, guaranteeing top-tier protection

Tom Borgers, Managing Director of Data Center operations, added, “This expansion strengthens our ability to meet the evolving needs of our clients with enhanced connectivity and security, affirming our commitment to delivering cutting-edge and reliable data solutions.”

The acquisition of this facility by DaSTOR marks a milestone in providing scalable and secure hybrid colocation solutions. This location marks DaSTOR’s fifth data center in a region where demand consistently exceeds supply. The mid-Atlantic is recognized for hosting many of the nation’s largest concentrations of data centers built upon dense fiber routes with global connectivity options to enable superior digital infrastructure solutions.

In addition to expanding colocation and connectivity solutions, DaSTOR remains dedicated to addressing the emergent needs of enterprise businesses with a comprehensive suite of services including data storage and backup, private cloud, public cloud on-ramps, and security solutions incorporating data classification and remediation tools for ransomware protection.

For more information about DaSTOR, visit: https://dastorllc.com/

About D?STOR
DaSTOR provides enterprise-focused, hybrid colocation solutions that leverage robust infrastructure and interconnectivity to drive scalable and reliable digital services. Founded in 2021 by 30-year industry veteran, Kevin Mulqueen, DaSTOR offers a full suite of services, including network services, colocation, storage, private cloud, disaster recovery, and backup services. Privately funded and owner-operated, DaSTOR reimagines digital infrastructure management with ecosystem development, providing customers with one-stop-shop solutions for comprehensive data management. With five carrier-neutral, best-in-class locations across Pennsylvania and Delaware, they cater to a diverse range of industries, including life sciences, healthcare, manufacturing, government, and more. Whether you’re a startup looking to gain a competitive edge or a global corporation striving for excellence, DaSTOR is your strategic partner for data success.

For more information, please visit https://dastorllc.com/ or follow us on LinkedIn.

Media Contact for DaSTOR
iMiller Public Relations
Jake Curtachio
Tel: 1.914.315.6424
Email: DaSTOR@imillerpr.com

Source: DaSTOR

 

 

Assured’s rapid data center rollout model guarantees new facilities can be operational within weeks in any global location

Herndon, VA, US, and Leeds, UK, April 23, 2024 — / BackupReview.info / — Assured Data Protection (Assured), the prominent IT managed services provider for cloud data protection solutions, today announced the launch of its first Canadian data center, designed to meet the data sovereignty requirements of local customers. In establishing this latest data center, Assured continues to build on its vision of making sophisticated data protection accessible worldwide.

Increasingly, customers are looking to Assured to help them navigate complex data sovereignty and privacy laws, in addition to their disaster recovery and immutable backup needs. This can pose challenges for non-U.S. organizations that may have their own data sovereignty and privacy regulations to comply with, preventing them from having data reside in a U.S. facility. The same can also apply to U.S. organizations with Canadian subsidiaries. It’s in response to this need and the opportunities presented by the size of the data protection market in Canada, that Assured has established this data center.

The new Canadian data center also helps customers overcome potential issues related to latency in data transfer for organizations needing to utilize a North American data center from a distant geographical location, which can present responsiveness challenges in specific situations.

Assured’s rapid data center rollout model
As a company that is committed to meeting the evolving needs of customers, Assured has established a model that guarantees a new data center can be brought online in a matter of weeks following approval, instead of months. This efficient process is achieved by utilizing a standard footprint and design that can be easily matched to customer needs and rapidly deployed.

Ian Thompson, Global Chief Security Officer of Assured Data Protection, commented: “The new Canadian data center represents an exciting and strategic opportunity for Assured, and one that will provide real value to organizations in Canada, the U.S. and beyond. It demonstrates Assured’s commitment to serve our growing global customer base in alignment with their changing needs, which go beyond disaster recovery. Data sovereignty and privacy are critical concerns for all sectors now and we’re pleased to be able to serve this growing need. We’ll continue to expand our global data center footprint in line with demand, using our rapid rollout model.”

Ghazal Asif, VP, Global Channels & Alliances at Rubrik said: “As a trusted partner, Rubrik is proud to support Assured’s new Canadian data center—an important step in meeting global customers where they are. This expanded data center footprint can help even more organizations manage business requirements to better enable cyber resilience.”

To book a meeting with the Assured Data Protection team, please contact us at info@assured-dp.com.

About Assured Data Protection
Assured Data Protection is a global data backup, disaster recovery, business continuity and extended detection and response managed service provider. With more than 200 years of combined industry experience, Assured Data Protection delivers scalable solutions and gained the distinction of being selected by Solutions Review Magazine as a Top 20 Vendor for data disaster recovery and CIO Review as a Top 20 Vendor for data backup. For more information, visit www.assured-dp.com

Contact
Matthew Valleskey
Assured Data Protection
703-888-4783

Source: Assured Data Protection

 

 

  • Launches industry’s first self-defending data protection solution
  • Announces new AI-powered copilot
  • Expands Veritas 360 Defense with new security partners

SANTA CLARA, Calif. – April 23, 2024 — / BackupReview.info / — Veritas Technologies, the leader in secure multi-cloud data resilience, today announced artificial intelligence (AI)-powered advancements in Veritas 360 Defense. With the industry’s first self-defending data protection solution, a generative AI-powered operational copilot and new ecosystem partners, organizations can more rapidly recover from ransomware attacks.

Matt Waxman, senior vice president and general manager of data protection at Veritas, said: “Cyber criminals are now using sophisticated AI tools to increase the frequency, speed and scale of their attacks, overwhelming data protection teams. At the same time, organizations are less likely to be hiring additional data protection specialists. This leaves both existing specialists and new generalists in need of additional support. The solution is intelligent data management tools that act as a sidekick to guide them in their fight against cybercrime.”

Industry’s First Adaptive Self-Defending Data Protection Solution
Cybercriminals are increasingly trying to corrupt backup data using the stolen credentials of administrators. Veritas is introducing a new self-defending data protection solution—a first-of-its-kind in the data protection industry. Veritas NetBackup and Veritas Alta Data Protection will continuously monitor and defend themselves against threats from compromised data protection user credentials. Beyond detecting anomalies in administrative user behaviors, the protection solutions will automatically flag unusual administrator behavior and autonomously adjust security parameters—such as multifactor authentication and multi-person authentication—to lock down access to data and protect it against attacks.

Veritas Alta Copilot Streamlines, Simplifies and Optimizes Cyber Resilience
Veritas Alta Copilot has been designed using the latest large language models to reduce the complexity of enterprise data management and is now available for users of Veritas Alta View. It can create sophisticated reports to monitor data protection infrastructure through simple conversation in natural language, quickly identify cyber vulnerabilities and operational inefficiencies, proactively assist with troubleshooting and guide users through complex data management tasks.

Alta Copilot has been trained with Veritas best practices and product documentation. It empowers multi-tasking IT generalists to drive the level of optimal performance from their technology investment typically only achieved with management and configuration by highly specialized experts.

Matt Neubauer, chief information officer at Morgans, said: “AI-powered solutions from Veritas could help us transform how we approach data protection. They will be able to not only anticipate threats but also streamline our data management operations, saving us time and freeing up resources to focus on transformational activity.”

Veritas 360 Defense Vendor Ecosystem Expands to Simplify End-to-End Cyber Resilience
Five new security partners have joined the Veritas 360 Defense ecosystem for increased threat monitoring, protection and recoverability. The expanded roster of partners includes Securonix, a leader in next-generation security information and event management, user and entity behavior analytics and security orchestration automation and response.

Mark Stevens, global vice president of channels and alliances at Securonix, said: “A rise in AI-driven, social-engineered credential abuse attacks is putting all applications and data at risk. With Securonix joining the Veritas 360 Defense ecosystem, Veritas customers will be able to easily access an early warning from our AI-powered detection solution that stolen credentials are being used across a wide range of other applications. This will enable them—or their Veritas AI tools—to trigger enhanced security measures for their protection environments before they’re compromised.”

Waxman concluded: “Cyber resilience continues to be a team sport. As cybercriminals change their offense strategy from attacking systems to attacking the people who operate them, the security community needs to come together to adapt its defense strategy. No one can do this alone; everyone needs both partners and AI on their side.”

Learn more about today’s announcements from Veritas.

About Veritas
Veritas Technologies is the leader in secure multi-cloud data management. Over 80,000 customers—including 91% of the Fortune 100—rely on Veritas to help ensure the protection, recoverability and compliance of their data. Veritas has a reputation for reliability at scale, which delivers the resilience its customers need against the disruptions threatened by cyberattacks, like ransomware. No other vendor can match Veritas’ ability to execute, with support for 800+ data sources, 100+ operating systems and 1,400+ storage targets through a single, unified approach. Powered by Cloud Scale Technology, Veritas is delivering today on its strategy for Autonomous Data Management that reduces operational overhead while delivering greater value. Learn more at veritas.com. Follow us on X at @veritastechllc.

Veritas and the Veritas Logo are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the US and other countries. Other names may be trademarks of their respective owners.

PR Contact
VeritasPublicRelations@Veritas.com

Source: Veritas

 

 

Coveware by Veeam will bring industry-leading cyber-extortion incident response services and proactive enterprise preparedness to Veeam’s existing ransomware protection and recovery capabilities. Coveware will offer forensics and remediation capabilities through the Veeam Data Platform, as well as proactive services to Veeam Cyber Secure customers

SEATTLE, Wash. — April 23, 2024 — / BackupReview.info / — Veeam® Software, the #1 leader by market share in Data Protection and Ransomware Recovery, today announced the acquisition of Coveware, a leading provider in cyber-extortion incident response. It brings best-in-class ransomware recovery and first responder capabilities to further strengthen Veeam’s radical resilience solutions for customers.

Coveware by Veeam will continue to operate as it does today, providing incident response services to victims of cyber extortion attacks as well as working proactively with enterprise customers on incident response preparedness. Since its founding in 2018, Coveware has helped thousands of cyber extortion victims and developed industry leading software and services that enable rapid forensic triage, extortion negotiation and remediation, cryptocurrency settlements and decryption services with a singular goal and outcome – data recovery from ransomware attacks. Through these incidents, Coveware has gathered data and insights on threat actor patterns that provide Coveware and Veeam with an unrivaled view of the current threat landscape. These valuable findings are shared with customers to help educate and reduce risks, improve security posture, and ensure rapid recovery. Select Coveware by Veeam capabilities will be incorporated into Veeam offerings including Veeam Data Platform and the Veeam Cyber Secure Program, delivering the insights and capabilities to a broader set of customers.

“It’s no longer a question of when your organization is attacked, but how often. Seventy-six percent of organizations have been attacked over the past twelve months, and addressing that cyber threat is critical for every enterprise,” said Anand Eswaran, CEO at Veeam. “It’s critical to ensure data is safe and protected, and when the worst happens businesses can recover quickly and safely. Coveware is already helping enterprises across the world improve their defense and if the worst happens, helping them recover. Combining those capabilities with Veeam’s #1 data protection and ransomware recovery solutions, which are used by over 450,000 customers, creates the most complete set of cyber resilience capabilities available from one source. Veeam now provides enterprise customers with proactive threat intelligence that helps identify any security gaps with forensic triage and decryption, all combined with the capabilities of the market leader.”

Coveware by Veeam

Coveware by Veeam will continue to be available to customers as a full-featured offering, including:

  • Fully automated technology that runs across the client’s operational environment to perform forensic triage analysis which assesses any impact, identifies the ransomware (strain, threat actor group, entry point), and helps recover encrypted data from known ransomware groups – though nothing is as safe as secure, clean backups. The Software-as-a-Service (SaaS) platform helps visualize the data and answer critical questions regarding any attack.
  • A global team of cyber threat experts around the world who have worked with many of the world’s largest companies to assess, prevent and recover from cyber-attacks.
  • Access to continuously updated data on ransomware variants, attack vector analysis, attack footprints, and recovery options that enable better prevention and faster recovery.

“Recovering from cyber incidents is extremely difficult,” said Bill Siegel, CEO and co-founder at Coveware by Veeam. “Our goal is to minimize the cost of disruption by providing best-in-class incident response tools and services. The threat intelligence gathered from our incident response work also benefits our proactive large enterprise clients – 41% of which are in the Fortune 500 – reduce their risk and increase their resiliency.” CTO and co-founder of Coveware by Veeam, Alex Holdtman further emphasized that, “working as part of Veeam brings the distribution of these capabilities to many more customers around the world, which is an incredibly exciting opportunity for our entire team.”

Veeam will also incorporate elements of Coveware technology into the Veeam Data Platform and through the Veeam Cyber Secure Program, which provides customers with cyber protection and support including pre, during and post-support of cyber incidents, and a $5 million warranty.

“Many organizations with data backups still decide to pay the ransom,” said Phil Goodwin, Research Vice President at IDC. “Our research shows this is often because the backup did not include necessary system images for recovery. In cases where the ransom was paid because ‘the data backups were incomplete,’ 58% of respondents said backup system failures contributed to the problem. gaps. Coveware gives Veeam a more proactive stance toward cyber protection. Combining Veeam’s backup capabilities with Coveware’s encryption-defeating technology should yield faster time-to-detection and faster time-to-recover, minimizing the impact of an attack. A recent IDC survey found that 70% of organizations reported they take days or weeks to recover from ransomware, while the best-practice time-to-recovery is less than 24 hours. Adding Coveware’s technology to Veeam Data Platform and Veeam Cyber Secure Program gives Veeam customers interesting new technology and a range of options for rapid malware detection and recovery.”

For more information on Coveware by Veeam, visit: https://www.veeam.com

VeeamON 2024
Registration is now open for the 10th annual VeeamON event, taking place June 3 – 5, 2024 at the Diplomat Resort in Fort Lauderdale, Florida and online. VeeamON 2024 Diamond Sponsors include ExaGrid, Hewlett Packard Enterprise, Lenovo and Microsoft; Platinum sponsors Backblaze, Hitachi, Pure Storage, Scality, and Wasabi; and many others. Register now for VeeamON 2024 onsite or attend virtually for free.

About Veeam Software
Veeam®, the #1 global market leader in data protection and ransomware recovery, is on a mission to help every organization not just bounce back from a data outage or loss but bounce forward. With Veeam, organizations achieve radical resilience through data security, data recovery, and data freedom for their hybrid cloud. The Veeam Data Platform delivers a single solution for cloud, virtual, physical, SaaS, and Kubernetes environments that gives IT and security leaders peace of mind that their apps and data are protected and always available. Headquartered in Seattle, with offices in more than 30 countries, Veeam protects over 450,000 customers worldwide, including 74% of the Global 2000, who trust Veeam to keep their businesses running. Radical Resilience starts with Veeam. Learn more at www.veeam.com or follow Veeam on LinkedIn @veeam-software and X @veeam.

Contacts
Veeam Software, Public Relations Manager, Corporate & Americas
Heidi Monroe Kroft
614-339-8200 x8309
heidi.kroft@veeam.com

Source: Veeam

 

 

E.W. Wylie, a trucking company based in the United States, brings down the cost of backup and recovery by 50% with NAKIVO

Sparks, NV – April 23, 2024 — / BackupReview.info / — NAKIVO Inc., a fast-growing software company for protecting physical, virtual, and cloud environments, has announced today that E.W.Wylie has selected NAKIVO Backup & Replication to protect their environment.

E.W. Wylie has been in the trucking industry since 1938. The company has a fleet of trucks and drivers for small, medium, and Fortune 500 companies. The team includes both company drivers and owner-operators. The company offers general freight hauling, a brokerage department, and an asset-based fleet.

E.W. Wylie relies on enterprise-grade data centers across the United States and Canada, with the head office in Fargo, North Dakota. Currently, there are two main sites in the U.S. and Canada and ten remote sites.

Between the various sites, the company has some 40 physical servers and 80 VMware VMs. Virtual machines store user data, personal information, application data, emails, Microsoft SQL for customer data, vehicles and accounting data, software for vehicle maps and routes data, etc.

Backup, replication, and recovery are critical for E.W. Wylie, not only for security and safety reasons but also to meet the requirements established by SOX and other governmental entities as part of the company’s SOP compliance. If backup and recovery are missing or critical data gets compromised, business continuity will be heavily impacted, since everything about the trucking business is data-centered.

E.W. Wylie relied on another VM backup solution and had physical servers for backup. Most backup jobs failed to be completed successfully and most recoveries failed or timed out due to slow equipment. Moreover, backup and recovery times were way too long due to the previous VM backup solution relying on obsolete equipment. Lastly, the graphical user interface was complicated and difficult to navigate.

NAKIVO Backup & Replication provides ease of installation, various functionalities, and 24/7 support. The product can be installed on Windows or Linux, deployed as a VA, or installed on different NAS devices.

“We did our due diligence online and found NAKIVO Backup & Replication to be reliable, easy-to-use, scalable, and efficient,” says Michel Gyebi, IT Network and Systems Engineer at E.W.Wylie. “We currently have a five-socket perpetual license and 305 Exchange Online accounts in Microsoft 365, covering two QNAPs that mirror each other through backup copy. The user interface is much better to navigate and operate than that of our previous product.”

NAKIVO Backup & Replication provides agentless, application-aware, and incremental backups for efficient and reliable data protection. “We have daily, weekly, and monthly backups. On average, we need anywhere between 30 minutes and four hours to complete all the backup jobs. The automatic backup copy integration is important as the functionality gives us peace of mind in redundancy. Having the opportunity to have a backup copy of our backups at another location is awesome,” says Michel.

The LAN-free data transfer feature from NAKIVO Backup & Replication allows organizations to reduce the impact of data protection activities on business-critical operations. The feature boosts job speed, optimizes network resources and reduces the impact on core operations. “NAKIVO’s LAN-free data transfer feature eliminates the bandwidth overhead often associated with other backup and recovery systems and accelerates data transfer,” says Michel.

NAKIVO Backup & Replication also provides instant VM and instant granular recovery for near-zero RTO and RPOs. “Instant VM recovery is fast and error-free, and we are able to resume our operations in minutes. Instant granular recovery provides easy navigation and recovery of files and folders,” says Michel.

With IT Monitoring for VMware by NAKIVO, IT administrators can gain complete visibility into the environment and manage resource allocation, networking, and data protection. IT administrators can customize alerts and generate reports about CPU, RAM, VMs, and datastores. “IT monitoring provides a one-stop monitoring page that is extremely useful for visualizing the overall performance status of your system,” says Michel.

By switching to NAKIVO Backup & Replication, E.W. Wylie gained better reliability, scalability, ease of use, and efficiency. The company improved the performance of backup and recovery jobs which are no longer failing, gained visibility into the health of their environment with IT Monitoring, and eliminated bandwidth overhead with LAN-free data transfer mode. Moreover, backup copy functionality helped the company to maintain multiple copies of backups at various locations and automate those workflows with the Job Chaining feature.

“NAKIVO Backup & Replication has brought down the cost of our backup and recovery solution by 50%. NAKIVO Backup & Replication has excellent, quick-to-respond, and knowledgeable customer support available 24/7,” says Michel. “We can now manage, scale, and customize our own backup processes without any third-party intervention or restrictions. NAKIVO Backup & Replication does not require constant modification or fine-tuning.”

RESOURCES

  • Trial Download: https://www.nakivo.com/resources/download/trial-download/
  • Datasheet: https://www.nakivo.com/res/files/nakivo-backup-replication-datasheet.pdf
  • Success Stories: https://www.nakivo.com/customers/success-stories/

About E.W. Wylie
Founded in 1938, and operating terminals in West Fargo, ND, and Sanford, NC, E.W. Wylie runs flatbed and step-deck trailers. In addition to flatbed trucking, the company handles specialized, high-value hauls and provides oil field cargo services. The company covers the U.S. and Canada with about 30 percent of Wylie’s business in Canada. The company has also won numerous national and state driving safety awards. For more information, visit www.wylietrucking.com.

About NAKIVO
NAKIVO is a US-based corporation dedicated to delivering the ultimate backup, ransomware protection and disaster recovery solution for virtual, physical, cloud and SaaS environments. As one of the fastest-growing backup and ransomware recovery software vendors in the industry, NAKIVO boasts 24 consecutive quarters of double-digit growth, 5-star online community reviews, 98% customer satisfaction with support and a network of over 8,000 partners worldwide. Over 27,000 customers in 180 countries trust NAKIVO with protecting their data, including major companies like Honda, Cisco, Coca-Cola and Siemens.

Visit Nakivo at: www.nakivo.com
Follow on Twitter: @NAKIVO
Connect on Facebook: www.facebook.com/NakivoInc
Join on LinkedIn: www.linkedin.com/company/nakivo

PR Contact:
Sasha Tolkachova, PR Manager
sasha.tolkachova@nakivo.com
+1 416 845 3381
+380 667524448

Source: Nakivo

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Growing businesses, schools and cities can leverage AI-infused solutions and managed services to maintain costs and compliance, while rapidly strengthening cyber-physical security

MIRAMAR, Fla., April 23, 2024 — / BackupReview.info / — Claro Enterprise Solutions (CES) today announced a major expansion of its integrated IT and physical security solutions portfolio to meet the needs of growing organizations struggling with rising security risks, nomadic workforces and expensive complexity from disjointed technologies. The CES integrated solutions combine well-tested technologies with a range of professional services and simplified procurement. The single-source provider approach offloads time and technical expertise from dynamic organizations who need to remain focused on their core competencies amidst increasingly competitive markets.

“Claro Enterprise Solutions has been a cornerstone of our tech evolution. Together, we reduced network downtime, cut communication costs and streamlined response and resolution times to an unprecedented level of efficiency,” said Celso Arrieta, IT Manager, City of Paris (TX) and a CES customer. “In a progressive city like ours in Paris, Texas, Claro Enterprise Solutions has been integral in making our city more resilient, efficient and connected.”

Rapid growth in artificial intelligence (AI), Cloud, and Internet of Things (IoT) innovations are driving the Claro Enterprise Solutions portfolio expansion, which includes flexible deployment options for self-managed, selectively managed or fully managed cyber-physical solutions. Growing far beyond its heritage as a connectivity provider, Claro Enterprise Solutions invites you to meet us at the RSA Conference May 6-9 in San Fransisco to learn more about how our solutions can help.

Additions to the 25+ solutions portfolio include:

Cloud Productivity Solutions for Workforces, Schools, and Citizens
Cloud Data Backup & Recovery: Protect core operations and productivity amidst ransomware or human error with expansive new cross-platform Multi-cloud back-ups and fast, easy-to-use recovery services. With unlimited storage and retention, busy organizations can secure critical data from Emails, Microsoft Teams ™ chats, CRM customer history, payroll information, and internal SharePoint documentation. Business friendly flexibility allows for auto-running multiple backups per day and customization of data retention periods. Granular controls enable rapid restoration for applications such as Microsoft 365™, Dynamics 365™, Azure ™, Salesforce ™ and Google Workspace ™.

Multi-cloud Migration Safely and rapidly migrate data to Enterprise Claro Cloud, Amazon Web Services (AWS) or Microsoft Azure to diversify resources, reduce costs and protect service availability. Leave the technical work to experts, especially amidst recent cloud security incidents. Adopt a multi-cloud strategy to help minimize business disruption and protect productivity.

Cyber Security Solutions for Networks, Endpoints and Applications
Managed Threat Detection and Response (MDR): Meet compliance and security demands with newly expanded options for scalable cyber security threat detection. Choose from 24/7 expert-led threat hunting and automation with essential or complete service options. Complete service comes with additional full-scale human incident response and remediation to protect against threats. Right-size security to your organization’s growth stage and improve deployment time and cost-efficiencies with new Claro Enterprise Solution technology partners and graduated levels of service.

Cyber Security Professional Services: Gain rich insights from expert technical assessments to continually improve security posture with enhanced vulnerability management and penetration testing capabilities. Recurring assessments and testing can support security compliance requirements, as well as help prioritize your ongoing IT and security needs.

As part of a grander mission to build smarter, safer communities, the Claro Enterprise Solutions’ portfolio also includes physical security. The popular AI Video Analytics solution adds lightning-fast AI capabilities to existing security cameras to rapidly detect weapons on campuses, among many other use cases. IoT-based Asset Insight solutions help organizations easily track the condition and geo-location of physical assets among other intelligent telematics information like motion, acceleration, and shock detection. In addition, our solution provides global coverage and world class security, backed by the global connectivity footprint of CES and affiliated companies.

“We have worked relentlessly over the past years to identify those technology solutions that can best support growing customers and help solve their most concerning challenges in security and digital transformation,” said Andres Mosquera, CEO of Claro Enterprise Solutions. “Our diverse, flexible and committed team sets us apart, together with a vastly enhanced set of solutions that can strengthen security, increase productivity and optimize overall technology performance.”

“I must commend the exceptional service provided by the Claro Enterprise Solutions team. Their unwavering support and innovative solutions turned our visions into reality,” added Celso Arrieta, IT Manager, City of Paris (TX). “Their ability to tailor solutions to our specific needs has surpassed all expectations. Our partnership has been nothing short of outstanding, and we look forward to continuing to leverage their expertise in the future.”

Solutions are available through our direct account representatives and qualified channel partners.

About Claro Enterprise Solutions
Claro Enterprise Solutions is a single-source IT solutions provider backed by global Latin American service provider América Móvil (NYSE: AMX). Claro Enterprise Solutions’ cyber-physical approach to integrated solutions helps growing organizations strengthen security, increase productivity, and optimize performance. Our experts independently identify, implement, and manage technical solutions leveraging innovations in AI, Cloud, IoT and security. Claro Enterprise Solutions has earned a Great Place To Work® Certification™ and is headquartered outside Miami in Miramar, Florida. Find us online at usclaro.com.

*All trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.

Media Contact:
Alessandra Assenza
Alessandra.Assenza@usclaro.com

Source: Claro Enterprise Solutions (CES)

 

 

SAN MATEO, CA – April 24, 2024 — / BackupReview.info / — SIOS Technology Corp., an industry leader in application high availability (HA) and disaster recovery (DR), today announced the availability of its SIOS LifeKeeper for Linux Admin training on Udemy, a leading online skills marketplace and learning platform. This development underscores SIOS’ dedication to facilitating the availability of critical applications by equipping businesses worldwide with comprehensive HA/DR technical training.

SIOS high availability and disaster recovery experts developed training designed to provide administration teams with a deeper understanding of the efficient use of SIOS products. SIOS Admin training, previously accessible primarily through prescheduled bi-monthly events, is now available on-demand through Udemy. This change reflects SIOS’ dedication to enabling professionals across industries and time zones to enhance their skills in deploying and managing SIOS HA/DR products effectively.

Udemy’s platform offers unparalleled convenience and flexibility, allowing learners to access SIOS Admin training anytime, anywhere. The SIOS LifeKeeper for Linux Admin training covers the key concepts and methodologies needed to ensure that critical Linux applications, ERPs, and databases are always available, even in the face of hardware or software failures.

“This partnership with Udemy marks an important milestone in our mission to make SIOS HA/DR expertise accessible to all,” said Margaret Hoagland, VP of Global Sales & Marketing, SIOS Technology Corp. “By leveraging Udemy’s platform, we can reach a wider audience of IT professionals, empowering them with the knowledge and skills needed to ensure high availability and disaster recovery in their organizations.”

Prospective learners can access the SIOS LifeKeeper for Linux Admin training course by first creating a free account on Udemy, (www.udemy.com) and registering with their business email. Once registered, they submit a form on the SIOS Training site, (https://us.sios.com/high-availability-and-disaster-recovery-product-training/), using the same business email they used to register on Udemy, to receive an invitation to the course.

About SIOS Technology Corp.
SIOS Technology Corp. high availability and disaster recovery solutions ensure availability and eliminate data loss for critical Windows and Linux applications operating across physical, virtual, cloud, and hybrid cloud environments. SIOS clustering software is essential for any IT infrastructure with applications requiring a high degree of resiliency, ensuring uptime without sacrificing performance or data – protecting businesses from local failures and regional outages, planned and unplanned. Founded in 1999, SIOS Technology Corp. (https://us.sios.com) is headquartered in San Mateo, California, with offices worldwide.

SIOS, SIOS Technology, SIOS DataKeeper, SIOS LifeKeeper and associated logos are registered trademarks or trademarks of SIOS Technology Corp. and/or its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.

Media Contact:
Beth Winkowski
Winkowski Public Relations, LLC for SIOS
978-649-7189
bethwinkowski@US.SIOS.com

Source: SIOS Technology

 

 

New all-flash backup solution helps organizations better prepare, protect and rapidly recover from cyberattacks and other data risks

SAN JOSE, Calif. – April 23, 2024 — / BackupReview.info / — Quantum® Corporation (NASDAQ: QMCO), the pioneer in end-to-end data management solutions designed for the AI era, today announces DXi T-Series all-flash backup appliances to accelerate key data protection processes that help customers more effectively prepare, protect and recover critical IT operations from ransomware and other data risks. With data-intensive initiatives, like AI, a high priority, coupled with the continuing and ever-present threat of ransomware, data protection is an essential service across all organizations. The DXi T-Series expands the industry’s most efficient backup data management platform with compact, all-inclusive, all-flash appliances that are easy to deploy and use across edge, core and cloud for fast, efficient protection and recovery.

“With continued improvements in density, cost, performance, and energy efficiency, QLC flash is the right choice for the next generation of data protection, especially for mission-critical relational and NoSQL databases, file systems and object stores that fuel data-intensive workflows, data lakes and AI pipelines,” says Sanam Mittal, vice president, DXi engineering for Quantum. “With all-flash DXi T-Series backup appliances, our customers can more efficiently protect their data and quickly recover operations in the face of a widespread ransomware attack. These new solutions expand Quantum’s all-flash portfolio beyond Quantum Myriad™, StorNext™ and ActiveScale® file and object storage solutions to include DXi T-Series appliances optimized for data protection and rapid ransomware recovery.”

DXi backup appliances have long delivered simple, scalable backup, data protection, and disaster recovery across sites to give customers trusted business continuity. With the DXi T-Series, Quantum introduces the industry’s first all-flash target backup appliance designed for edge deployments, small and medium-sized businesses (SMBs), and mission-critical data storage infrastructure. The DXi T-Series helps customers proactively prepare and protect against cyberattacks, and, when attacked, rapidly recover their data.

The DXi T-Series all-flash platform achieves outstanding performance with ingest rates up to 113 terabytes per hour, providing up to 65 times faster backup rates and up to 13 times faster restore times compared to competitor appliance solutions based on hard disk drives. With DXi T-Series all-flash performance, customers can perform more aggressive backup schedules for better recovery point objectives (RPO), more regularly validate backup data sets and test recovery procedures, analyze backups for malware using proactive and real-time virus scanning, and achieve faster recovery time objectives (RTO) in case of attack. Plus, the DXi T-Series accelerates data rehydration to speed up other key workflows, including test and dev for analytics and application development, e-discovery and compliance, and long-term archiving.

Scaling from 15 to 120 usable terabytes in an optimized 1U form factor, DXi T-Series appliances benefit from Quantum’s patented data reduction technology to provide up to 70 times more efficient use of flash resources. With bundled replication, cloud tiering and immutability features plus a rich software ecosystem including Veeam, Veritas, and Commvault, DXi T-Series appliances seamlessly cooperate with DXi resources deployed across the edge, the core, and the cloud for end-to-end data protection.

“Our customers’ data protection requirements are rapidly evolving given the critical role data plays in their business operations,” says Kevin Corcoran, vice president of sales for Storage IT Solutions, a Midwestern data management solutions provider. “AI and other data-rich use cases are giving rise to growing data sets, longer retention, and increasing data access. The DXi T-Series helps us address the need for fast, simple and secure backups, and most importantly, enables our customers to quickly recover their data when faced with a ransomware attack or other data disasters.”

DXi T-Series backup appliances are planned for release in Q2 2024.

For more information, visit: https://www.quantum.com/dxi

About Quantum
Quantum delivers end-to-end data management solutions designed for the AI era. With over four decades of experience, our data platform has allowed customers to extract the maximum value from their unique, unstructured data. From high-performance ingest that powers AI applications and demanding data-intensive workloads, to massive, durable data lakes to fuel AI models, Quantum delivers the most comprehensive and cost-efficient solutions. Leading organizations in life sciences, government, media and entertainment, research, and industrial technology trust Quantum with their most valuable asset – their data. Quantum is listed on Nasdaq (QMCO). For more information visit www.quantum.com

Quantum and the Quantum logo are registered trademarks of Quantum Corporation and its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.

Forward-Looking Information
The information provided in this press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are largely based on our current expectations and projections about future events affecting our business. Such forward-looking statements include, in particular: Quantum DXi T-Series and our plans, objectives and intentions that are not historical facts generally.

These forward-looking statements may be identified by the use of terms and phrases such as “anticipates”, “believes”, “can”, “could”, “estimates”, “expects”, “forecasts”, “intends”, “may”, “plans”, “projects”, “targets”, “will”, and similar expressions or variations of these terms and similar phrases. Additionally, statements concerning future matters and other statements regarding matters that are not historical are forward-looking statements. Investors are cautioned that these forward-looking statements relate to future events or our future performance and are subject to business, economic, and other risks and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by any forward-looking statements.

These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the following: Quantum DXi T-Series and the impact of these factors on our performance and outlook. See also other risks that are described in “Risk Factors” in our filings with the Securities and Exchange Commission (the SEC), including its Annual Report on Form 10-K filed with the SEC for the fiscal year ended March 31, 2023, and any subsequent reports filed with the SEC. We do not intend to update or alter these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law or regulation.

Contact:
Sara Beth Fahey
Matter Communications
quantum@matternow.com
401.351.9507

Source: Quantum

 

 

Andy Walsky Recognized in CRN UK’s Inaugural EMEA and APAC Channel Chiefs list

Marlborough, Mass. – April 23, 2024 — / BackupReview.info / — ExaGrid®, the industry’s only Tiered Backup Storage solution with Retention Time-Lock that includes a non-network-facing tier (creating a tiered air gap), delayed deletes and immutability for ransomware recovery, today announced that Andy Walsky, ExaGrid’s VP of EMEA & APAC Sales, been recognized in CRN UK’s inaugural EMEA and APAC Channel Chiefs list.

This list is the first EMEA- and APAC-focused edition of CRN UK’s sister publication CRN‘s annual Channel Chiefs list. The channel executives spotlighted on this list understand the increasingly strategic role their channel partners play and are developing go-to-market plans and creating partner programs that help partners meet those challenges.

“I am honored to be named in this first regional Channel Chief list alongside other channel leaders in the industry, and grateful to CRN UK for its coverage of the EMEA and APAC regions,” said Andy Walsky.

This follows the recent announcement of ExaGrid’s Reseller Partner Program being awarded with a 5-Star Rating in the 2024 CRN® Partner Program Guide, highlighting ExaGrid’s commitment to nurturing strong, profitable, and successful channel partnerships.

“ExaGrid continues to expand globally with customers located in more than 80 countries. 48% of our business is now done outside the United States, with continued growth in the EMEA and APAC regions in 2024,” said Bill Andrews, President and CEO of ExaGrid. “We are focused on establishing more channel partnerships in each region and pleased to be recognized as channel leaders by CRN.”

About ExaGrid
ExaGrid provides Tiered Backup Storage with a unique disk-cache Landing Zone, long-term retention repository, and scale-out architecture. ExaGrid’s Landing Zone provides for the fastest backups, restores, and instant VM recoveries. The Repository Tier offers the lowest cost for long-term retention. ExaGrid’s scale-out architecture includes full appliances and ensures a fixed-length backup window as data grows, eliminating expensive forklift upgrades and product obsolescence. ExaGrid offers the only two-tiered backup storage approach with a non-network-facing tier, delayed deletes, and immutable objects to recover from ransomware attacks.

ExaGrid has physical sales and pre-sales systems engineers in the following countries: Argentina, Australia, Benelux, Brazil, Canada, Chile, CIS, Colombia, Czech Republic, France, Germany, Hong Kong, India, Israel, Italy, Japan, Mexico, Nordics, Poland, Portugal, Qatar, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Turkey, United Arab Emirates, United Kingdom, United States, and other regions.

Visit us at www.exagrid.com or connect with us on LinkedIn. See what our customers have to say about their own ExaGrid experiences and learn why they now spend significantly less time on backup storage in our customer success stories. ExaGrid is proud of our +81 NPS score!

ExaGrid is a registered trademark of ExaGrid Systems, Inc. All other trademarks are the property of their respective holders.

Contact:
Christine Murphy
ExaGrid
cmurphy@exagrid.com
508-898-2872 x248

Source: ExaGrid

 

 

RESTON, VA – April 22, 2024 — / BackupReview.info / — The Stevie Awards for Sales & Customer Service stand as the most coveted honors in the industry, recognizing the outstanding achievements of professionals in customer service, contact centers, business development, and sales. This recognition program extends its influence across the business world, holding a prominent position within eight of the globe’s leading business awards programs, including the highly respected American Business Awards® and International Business Awards®.

Infrascale was among the winners that night, receiving a Silver Stevie® for Sales & Customer Service. Details about the Stevie Awards for Sales & Customer Service and the list of Finalists in all categories are available at https://stevieawards.com/sales/2024-stevie-award-winners

“Winning the Stevie Award on a global stage, amongst such a competitive field, is a tremendous honor,” said Rob Peterson, CEO of Infrascale. “It rewards and aligns with our mission of building trusted customer relationships by providing customer service excellence.”

“We are incredibly honored to receive this prestigious award, which serves as a validation of the unwavering dedication and expertise exhibited by our team at Infrascale. Every day, we strive to exceed expectations and provide our customers with the highest level of service and support. This recognition motivates us to continue going the extra mile, ensuring that our customers have a positive and successful experience with Infrascale.” said Abdul Muneer, Director of Technical Support.

The 2024 Stevie Awards for Sales & Customer Service witnessed a truly global competition! Over 2,300 nominations poured in from 51 countries, representing a vast array of organizations and industries. The winners were feted at a gala event on April 12th at the Bellagio in Las Vegas, Nevada, drawing an impressive crowd of more than 400 industry professionals from across the globe.

About The Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide.

Learn more about the Stevie Awards at http://www.StevieAwards.com

About Infrascale
Founded in 2011, Infrascale provides comprehensive, cloud-based data protection by delivering industry-leading backup and disaster recovery solutions. Combining intelligent software with the power of the cloud, Infrascale removes the barriers and complexity of secure, offsite data storage and standby infrastructure for real-time disaster recovery. Trusted and recommended by leading independent industry experts, Infrascale equips its customers with the confidence to handle the unexpected by providing greater availability, better security, and less downtime when it comes to their data. Visit www.infrascale.com or or follow us on LinkedIn for more information.

Media Contact
Michael Clark
Infrascale
+1-856-857-5882
michael.clark@infrascale.com

Source: Infrascale, Inc.

 

 

Meet BDRSuite team at Kaseya Connect Global 2024 for exclusive partnerships opportunities and to know about cost-effective backup solutions

LAS VEGAS, NV – April 22, 2024 — / BackupReview.info / — BDRSuite by Vembu eagerly anticipates its participation at the upcoming Kaseya Connect Global 2024 event to be held at MGM Grand Resort in Las Vegas. Visit us at Booth 15, from April 29th to May 2nd, 2024 to explore about BDRSuite.

About Kaseya Connect Global 2024
Kaseya Connect Global is technology platform ideal for IT service industry leaders and experts, offering opportunities to enhance systems, advance company evolution, and lead the industry for a better world in Future. It serves as a platform to engage with the topmost Managed Service Providers (MSPs) and Internal IT Professionals, fostering connections and drawing inspiration from their achievements. Mian goal is to shape a resilient and innovative future for the IT service sector.

About BDRSuite – #1 Cost-Effective Backup Software:
BDRSuite is a premier backup and disaster recovery software, tailored to safeguard data across diverse environments including Virtual environments, Servers, Endpoints, Cloud, SaaS applications, and Applications & databases. Additionally BDRSuite also offers BDRCloud, a cloud backup and recovery solution know for its scalability and security.

Here’s a sneak peek of what’s waiting for you at Kaseya Connect Global from the BDRSuite Team:

Get ready for an enriching knowledge sharing experience at booth 15!, and Meet Nagarajan Chandrasekaran, Vice President of Product Success – Vembu Technologies, to explore the potential of BDRSuite Partner Program tailored for MSP and Channel Parnters, designed to unlock new opportunities for growth and profitability.

Dive deep into exclusive partner benefits, comprehensive resources and discover how BDRSuite’s cost-effective backup solutions can elevate services , help partners to have an edge over competitors in the market. But wait, there’s more! Don’t miss out on the chance to grab some exclusive swag items as a symbol of saying thank you for visiting the booth.

Save the date in the calendar, connect to know about BDRSuite.

Visit Vembu on social media:
Facebook
Twitter
LinkedIn
Instagram
YouTube

PR Contact:
Praveen Ettiyappan
Vembu Technologies
+1 512-960-1319

S0urce: Vembu

 

 

Reflecting growing customer demand to move data between platforms, Veeam extends major virtualization platforms protection with Oracle Linux Virtualization Manager support in Veeam Data Platform, which already includes VMware vSphere, Microsoft Hyper-V, Nutanix AHV, Red Hat Virtualization and Red Hat OpenShift

SEATTLE, WA – April 18, 2024 — / BackupReview.info / — Veeam® Software, the #1 leader by market share in Data Protection and Ransomware Recovery, today announced Veeam Data Platform support for host-based backups of VMs running on Oracle Linux KVM hypervisor. With today’s rapidly evolving virtualization and cloud landscapes, organizations are evaluating the best virtualization platforms for their specific business needs. In response, Veeam is expanding its support for platforms which provides increased freedom of choice for its 450,000 customers. Veeam Data Platform provides data security, data recovery, and data freedom to backup and use data from anywhere without platform or cloud lock-in.

“In talking with customers, the topic of data freedom is always high on their list,” said John Jester, Chief Revenue Officer at Veeam. “As the #1 leader in data protection and ransomware recovery, Veeam has always been committed to empowering customers with choice. That’s why we give customers peace of mind across all the platforms and systems they’re using – from the cloud to on-premises, and often hybrid. We don’t just protect their data; we make it easy for them to move that data as their needs change. Introducing support for Oracle Linux Virtualization Manager further expands our unparalleled freedom of choice in virtualization, empowering businesses to select and migrate to the platforms that best suit their needs, while maintaining seamless data management, security and protection.”

With this added support for Oracle Linux Virtualization Manager, users can achieve full protection at scale, leveraging entire VM and granular recoveries, secure and compliant backup lifecycle management and more.

Veeam Data Platform gives users even greater freedom of choice to best fit changing business needs for both virtualization and cloud, including:

  • Multi-Platform Compatibility: Veeam’s solution seamlessly integrates with leading virtualization platforms and clouds, including VMware vSphere, VMware Cloud Director, VMware Cloud on AWS, VMware Cloud on AWS Outposts, VMware Cloud on Dell, Microsoft Hyper-V, Microsoft Azure Stack HCI, Microsoft Azure VMware Solution, Amazon AWS, Nutanix AHV, Red Hat Virtualization, Google Cloud, Google Cloud VMware Engine, Oracle Cloud VMware Solution and IBM Cloud, ensuring compatibility across diverse environments. All of this is unlocked with the powerful and portable Veeam Universal License.
  • Data Mobility: Businesses can now select and easily migrate from one virtualization platform to another that best aligns with their specific requirements, without compromising on data management capabilities or vendor lock-in with a completely portable data format.
  • Secure Data Protection: Veeam’s immutable backup, instant recovery and orchestrated resilience capabilities ensure the security and availability of critical data, regardless of the virtualization platform, safeguarding against potential threats and disruptions to keep businesses running.
  • Improved Efficiency: By streamlining data management processes across heterogeneous virtualized environments including the hybrid cloud, Veeam’s solution enhances operational efficiency and reduces the complexity associated with managing diverse platforms.
  • Unified Management Interface: With Veeam’s centralized management interface, users can efficiently monitor, manage, and protect data across multiple virtualization platforms from a single, intuitive dashboard.

“It’s bad enough to have to change hypervisors, but having to also change your data protection solution adds risk and uncertainty to an already chaotic year. As an Infrastructure and Operations (I&O) leader, it’s not enough for the platforms you choose to only meet the needs of today, they must also be responsive and flexible to support the unknown needs and data localities of tomorrow,” said John Annand, Director of Infrastructure at Info-Tech Research Group. “Veeam for Oracle Linux Virtualization Manager further enables the enterprise to put their workloads where it makes the most business sense rather than where it is easiest for I&O to secure and protect their data.”

Without the need to learn new tools, procure new hardware, or acquire new licensing, users are able to spend more time driving business initiatives and less time managing backups. Whether a large global enterprise or a small business changing hypervisors, adopting a public or hybrid cloud, or expanding across cloud, virtual and physical environments, Veeam provides freedom of choice for all organizations seeking transformation in today’s changing virtualization world.

Learn more during a free live webinar hosted by Veeam and John Annand, Director of Infrastructure at Info-Tech Research, on April 23 at 1 p.m. EST, Hypervisor Migration: Keeping Data Safe in a Changing Industry. Register here: https://www.veeam.com/webinar/protect-yourself-through-change-with-veeam.

Registration is now open for the 10th annual VeeamON event, taking place June 3-5, 2024, at the Diplomat Resort in Fort Lauderdale, Florida and online: https://www.veeam.com/veeamon.

New support for Oracle Linux KVM is available now. For more information, visit https://www.veeam.com.

About Veeam Software
Veeam®, the #1 global market leader in data protection and ransomware recovery, is on a mission to help every organization not just bounce back from a data outage or loss but bounce forward. With Veeam, organizations achieve radical resilience through data security, data recovery, and data freedom for their hybrid cloud. The Veeam Data Platform delivers a single solution for cloud, virtual, physical, SaaS, and Kubernetes environments that gives IT and security leaders peace of mind that their apps and data are protected and always available. Headquartered in Seattle with offices in more than 30 countries, Veeam protects over 450,000 customers worldwide, including 74% of the Global 2000, who trust Veeam to keep their businesses running. Radical Resilience starts with Veeam. Learn more at www.veeam.com or follow Veeam on LinkedIn @veeam-software and X @veeam.

Contacts
Veeam Software, Public Relations Manager, Corporate & Americas
Heidi Monroe Kroft
614-339-8200 x8309
heidi.kroft@veeam.com

Source: Veeam

 

 

Hybrid Event will Feature Speakers and Feature Industry Leaders on Improving Clinical Outcomes for Modern Biotechs

Mountain View, CA – April 18, 2024 — / BackupReview.info / — Egnyte, a leader in cloud content security and governance, will host its annual Life Sciences Summit on May 8, 2024. This year’s event will be a hybrid event, with Boston-based guests invited to attend the summit held at Google Cloud’s offices in Cambridge, Mass. and will feature a live-stream virtual event for those who cannot attend in person. The summit will feature panels and presentations from various industry experts on how technology can support business growth for emerging life sciences companies including a panel on the impact of artificial intelligence on research and development.

The summit will kick off with a keynote presentation from Ken Getz, executive director of the Tufts Center for the Study of Drug Development, on the role technology plays in accelerating clinical trial timelines, managing costs and bringing quality medicines to patients more quickly. Other speakers include executives from Nimbus Technologies, Alnylam Pharmaceuticals, and Halloran.

“Technology has revolutionized how biotechs collaborate within their companies and with external partners and we are seeing a tremendous amount of enthusiasm around those successful outcomes,” said Ronen Vengosh, senior vice president of Industry Practices and Solutions at Egnyte. “We are excited to host our Life Sciences Summit live in Cambridge this year and bring together industry leaders from biotechs, CROs, industry consultants, and more, representing different types of customers in Egnyte’s ecosystem.”

The half-day summit will include session topics on the importance of data governance and harnessing the cloud for clinical data management, the impact of AI on research and development, and seamless collaboration throughout the drug discovery process. The summit will begin at 1pm EST and the in-person event in Cambridge, MA will include a networking happy hour at the conclusion of the event for attendees. To register for the free virtual or in-person event and to see the full agenda, click here: https://pages.egnyte.com/life-science-summit-hybrid.html

Additional Resources

– Follow Egnyte on Twitter: www.twitter.com/Egnyte

– Join Egnyte on Facebook: www.facebook.com/Egnyte

– Connect with Egnyte on LinkedIn: https://www.linkedin.com/company/egnyte/

About Egnyte
Egnyte provides a unified content security and governance solution for collaboration, data security, compliance, and threat detection for multicloud businesses. More than 16,000 organizations trust Egnyte to reduce risks and IT complexity, prevent ransomware and IP theft, and boost employee productivity on any app, any cloud, anywhere. Investors include GV (formerly Google Ventures), Kleiner Perkins, Caufield & Byers and Goldman Sachs. For more information, visit www.egnyte.com

Global Press & Media Contact
Brittany Carambio
Director of Corporate Marketing
Phone: 301-678-3412
Email: media@egnyte.com

Source: Egnyte

 

 

MARLBOROUGH, Mass. – April 18, 2024 — / BackupReview.info / — Corero Network Security (AIM: CNS) (OTCQB: DDOSF), the distributed denial of service (DDoS) protection specialists, today announced the availability of its DDoS cloud-backup service, powered by Akamai Prolexic. This new service expands Corero’s offerings, combining their on-premises solutions with Akamai’s cloud capabilities to offer hybrid DDoS protection.

The Corero SmartWall ONE™ Hybrid Cloud DDoS Protection solution delivers an automatic transition to cloud-based mitigation during significant DDoS attacks to maintain service availability. This innovative managed solution is available immediately through Corero. This unique partnership equips businesses using Corero SmartWall ONE solutions with a scalable, top-tier DDoS cloud-backup service, enhancing protection and delivering immediate operational benefits.

“Our strategic cooperation with Akamai, initiated last year, has been instrumental in reaching this milestone,” said Ashley Stephenson, CTO of Corero Network Security. “Our customers continually seek more robust protections against cyber threats, such as DDoS attacks, while also aspiring to broaden their own security services. Adding DDoS cloud-backup protection powered by Prolexic to our SmartWall ONE portfolio is a testament to our commitment to this goal and our ongoing partnership with Akamai.”

About Corero Network Security:
Corero Network Security is a leading provider of DDoS protection solutions, specializing in automatic detection and mitigation with network visibility, analytics, and reporting tools. Corero’s technology protects against both external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability. With operational centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero is headquartered in London and listed on the London Stock Exchange’s AIM market (ticker: CNS) and the US OTCQB market (OTCQB: DDOSF).

For more information, visit: https://www.corero.com

PR Contact:
Corero Network Security
+1 978 212 1500
info@corero.com

Source: Corero Network Security

 

 

SAN MATEO, Calif., – April 17, 2024 — / BackupReview.info / — Backblaze, Inc. (Nasdaq: BLZE), the leading specialized cloud storage platform, will report financial results for its first quarter ending March 31, 2024 on Wednesday, May 8, 2024 after market close.

Following the release of results, Backblaze will host a conference call and webcast at 1:30 p.m. PT (4:30 p.m. ET) on May 8, 2024 to discuss the results.

Attend the webcast: https://edge.media-server.com/mmc/p/5kr5u64i
Register to listen by phone: https://dpregister.com/sreg/10187654/fc08c68b54

Phone registrants will receive dial-in information via email.

An archive of the webcast will be available shortly after its completion on the Investor Relations page of the Backblaze website at https://ir.backblaze.com

As part of Backblaze’s continuing efforts to enhance communications and engagement with its shareholders, verified retail and institutional shareholders will be able to submit and upvote questions in advance of its first quarter 2024 earnings call through the Say Connect platform. Management will address a selection of these questions relating to Backblaze’s business and financial results during the call. The platform will open on April 30, 2024 at 1:30 p.m. PT and close on May 7, 2024 at 1:30 p.m. PT.

To submit questions, please visit: https://app.saytechnologies.com/backblaze-2024-q1

About Backblaze
Backblaze makes it astonishingly easy to store, use, and protect data. The Backblaze Storage Cloud provides a foundation for businesses, developers, IT professionals, and individuals to build applications, host content, manage media, back up and archive data, and more. With over three billion gigabytes of data storage under management, the company currently works with more than 500,000 customers in over 175 countries. Founded in 2007, the company is based in San Mateo, CA. For more information, please go to www.backblaze.com

Investors
Mimi Kong
Investor Relations
ir@backblaze.com

Press Contact
Jeanette Foster
Communications Manager
press@backblaze.com

Source: Backblaze

 

 

SUNNYVALE, Calif. – April 18, 2024 — / BackupReview.info / — Mulberri, an AI-driven insurance platform, today announced it has partnered with Acronis, a global leader in cyber protection, to embed Mulberri’s Cyber Insurance to Acronis small & medium-sized businesses customers based in the US.

Through this partnership, Acronis customers can opt-in for Mulberri’s embedded Cyber Insurance directly through the Acronis platform. This seamless embedded approach will streamline Cyber Insurance access to Acronis customers in minutes. Acronis natively integrates cybersecurity, data protection, and endpoint management for managed service providers (MSPs) and small and medium businesses (SMBs); however, added Cyber Insurance inserts a layer of protection. This partnership enables Acronis and Mulberri to provide end-to-end solutions to Acronis customers.

Mulberri’s Cyber Insurance is AM Best rated and it represents a significant step forward in the cyber insurance market, which has struggled to streamline insurance for SMBs. Extensive and complex underwriting questions paired with cumbersome enrollment steps have contributed to less than 5 percent of SMBs buying cyber insurance. Mulberri is seeking to change this. Mulberri Cyber Insurance is a unique product – a standalone policy, with $250,000 and $500,000 policy limits and fixed premiums – that is approved and regulated by state insurance authorities. The low premium and policy limit provide important base coverage while being affordable to any SMB.

“Our embedded partners are used to having to think twice about selling cyber insurance to SMBs as it slows down the sales process with questions and due diligence,” said Hamesh Chawla, co-founder and CEO, at Mulberri. “We have removed these barriers and lowered the policy limit, creating an entry level program meant to provide cyber insurance coverage to businesses that have not had it in the past. We are thrilled to contribute to SMBs having peace of mind that they are covered against increasingly common cyber-attacks that can have catastrophic consequences on their businesses.”

Mulberri’s Embedded Cyber Insurance consists of three main value propositions:

  • Simple: Same base coverages provided in all policies, reducing confusion and complexity; Pricing structure based on revenues, presented in a straightforward matrix format; Requires answering just one question
  • Frictionless: Simplified and streamlined underwriting process to minimize the steps involved in purchasing and binding the policy
  • Embedded: Seamlessly integrates the cyber insurance policy into the sales cycle

Cyber Insurance is just one of the ways Mulberri is reinventing embedded insurance. Mulberri is also exploring other innovations in terms of product offerings and embedded partners as the company continues to create simple and frictionless insurance and risk management solutions for SMBs.

To learn more about how the Acronis integration with Mulberri’s cyber insurance offers simple, fixed premiums, and an embedded approach, helping protect businesses from potential financial ruin caused by cyberattacks, please visit: https://solutions.acronis.com/en-us/integrations/mulberri-cyber-insurance/

For further information visit www.mulberri.io

ABOUT MULBERRI
Mulberri is an innovative insurtech company that is transforming the insurance industry with advanced technology and a cutting-edge cyber insurance program. Their platform provides businesses of all sizes, including PEOs, brokers, small-medium businesses, and carriers, with comprehensive cyber insurance coverage, streamlined processes, and advanced risk management tools. Mulberri simplifies the insurance experience, making it efficient, transparent, and tailored to address the unique cyber risks faced by businesses. Learn more about Mulberri by visiting www.mulberri.io and stay connected on Twitter and LinkedIn.

ABOUT ACRONIS
Acronis is a global cyber protection company that provides natively integrated cybersecurity, data protection, and endpoint management for managed service providers (MSPs), small and medium businesses (SMBs), and enterprise IT departments. Acronis solutions are highly efficient and designed to identify, prevent, detect, respond, remediate, and recover from modern cyberthreats with minimal downtime, ensuring data integrity and business continuity. Acronis offers the most comprehensive security solution on the market for MSPs with its unique ability to meet the needs of diverse and distributed IT environments.

A Swiss company founded in Singapore in 2003, Acronis has 45 locations across the globe. Acronis Cyber Protect is available in 26 languages in 150 countries and is used by over 20,000 service providers to protect over 750,000 businesses.

Learn more at www.acronis.com

Contact:
Chelsea Allison
Communications/PR, Mulberri
chelsea@cmand.co
312-775-2856

Source: Mulberri

 

 

Hamilton is recognized in the Customer Service Leader of the Year category

SAN MATEO, CA – April 18, 2024 — / BackupReview.info / — SIOS Technology Corp., an industry leader in application high availability (HA) and disaster recovery (DR), today proudly announced that Sandi Hamilton, Director of Support and Documentation, has been presented with a Bronze Stevie® Award in the Customer Service Leader of the Year category in the 18th annual Stevie Awards for Sales & Customer Service.

The Stevie Awards for Sales & Customer Service are the world’s top honors for customer service, contact center, business development and sales professionals. The Stevie Awards organizes nine of the world’s leading business awards programs, also including the prestigious American Business Awards® and International Business Awards®. More than 2,300 nominations from organizations of all sizes and in virtually every industry, in 44 nations and territories, were considered in this year’s competition. Winners were determined by the average scores of more than 200 professionals worldwide on seven specialized judging committees.

Sandi Hamilton’s recognition in the Customer Service Leader of the Year category is a testament to her unwavering dedication and exceptional leadership at SIOS,” said Masahiro Arai, COO, SIOS Technology. “Her remarkable impact on customer support, team development, and organizational success sets a remarkable standard for excellence in the industry. Congratulations to Sandi for this well-deserved achievement.”

Judges who evaluated SIOS’ Sandi Hamilton gave her many accolades, including:

  • “We need to hear more stories of women in tech, thank you for sharing.”
  • “It sounds like Sandi has done a lot of great work implementing process improvements along with software to resolve customer issues faster. I loved reading the accolades her team has received from customers.”
  • Sandi Hamilton’s exceptional contributions and leadership at SIOS Technology are truly commendable. Her extensive experience and dedication over two decades have made a significant impact on the organization’s success, particularly in the realm of customer support. Sandi Hamilton is a standout nominee for recognition, and her remarkable impact on customer support, team development, and overall organizational success deserves commendation. Congratulations to Sandi on her outstanding performance and significant contributions to SIOS Technology.”
  • Sandi Hamilton has been truly exceptional in her space. Great job done Sandi.”
  • Sandi leads a skilled team that supports SIOS products and delivers exceptional uptime for critical applications. She improved service by implementing a new customer support system, reducing reported cases and increasing satisfaction. Sandi focuses on preemptive solutions to help customers avoid issues. Nice job Sandi!”

“The high scores given the winning nominations in this year’s competition are evidence of the high levels of achievement portrayed in them,” said Stevie Awards President Maggie Miller. “We join with the judges and all members of the Stevie Awards community in congratulating and celebrating the winners for their accomplishments.”

About SIOS Technology Corp.
SIOS Technology Corp. high availability and disaster recovery solutions ensure availability and eliminate data loss for critical Windows and Linux applications operating across physical, virtual, cloud, and hybrid cloud environments. SIOS clustering software is essential for any IT infrastructure with applications requiring a high degree of resiliency, ensuring uptime without sacrificing performance or data – protecting businesses from local failures and regional outages, planned and unplanned. Founded in 1999, SIOS Technology Corp. (https://us.sios.com) is headquartered in San Mateo, California, with offices worldwide.

SIOS, SIOS Technology, SIOS DataKeeper, SIOS LifeKeeper and associated logos are registered trademarks or trademarks of SIOS Technology Corp. and/or its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.

About The Stevie® Awards
Stevie Awards are conferred in nine programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Sales & Customer Service, the new Stevie Awards for Technology Excellence, and the Stevie Awards for Women in Business. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. More than 1,000 professionals around the world participate in the Stevie Awards judging process each year. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com

Media Contact:
Beth Winkowski
Winkowski Public Relations, LLC for SIOS
978-649-7189
bethwinkowski@US.SIOS.com

Source: SIOS Technology Corp.

 

 

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