Veeam Acquires Coveware


Veeam has recently acquired Coveware, a company renowned for its expertise in ransomware incident response. This strategic acquisition is set to enhance Veeam's ransomware response capabilities, ensuring that businesses have robust defenses against increasingly complex cyber threats.

Ransomware attacks continue to pose a significant threat to organizations globally, with a substantial number of companies experiencing data compromise and operational disruptions. These attacks not only lead to data loss but also compromise backup systems, making recovery challenging and sometimes impossible. The recent trends indicate a distressing increase in the number of attacks targeting backup data, underscoring the need for impenetrable backup solutions.

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Veeam's acquisition of Coveware will integrate advanced ransomware negotiation and payment handling techniques into its suite of services. By combining Coveware's specialized incident response tools with Veeam's existing disaster recovery solutions, clients will benefit from a more comprehensive approach to data protection. This move is particularly timely, as it aligns with Veeam's ongoing efforts to bolster its disaster recovery capabilities, which include immutable backup repositories and automated recovery processes.

This acquisition signals Veeam's commitment to leading the industry in not only backup and recovery solutions but also in comprehensive cyber resilience strategies. As ransomware attacks evolve in sophistication, the integration of Coveware's capabilities into Veeam's solutions is a strategic move to enhance the security and reliability of organizational data across the globe.

Robust and tested backup and disaster recovery solutions are indispensable in the fight against cyber threats. With Veeam's enhanced capabilities, organizations can be more confident in their ability to withstand and quickly recover from ransomware attacks.