Veeam Acquires Coveware

Introduction

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.

• Veeam acquires Coveware to bolster its ransomware incident response capabilities

• Veeam Acquires Coveware, Adds Incident Response To Data Protection - “With Coveware, we want to get on the more proactive front end”.

• Veeam Launches Most Complete Support for Ransomware - from Protection to Response and Recovery - with Acquisition of Coveware

  • "Veeam has announced the acquisition of Coveware, enhancing their ransomware support through the integration of Coveware's incident response services into the Veeam Data Platform. This move aims to provide comprehensive cyber-extortion incident response and ransomware recovery, improving forensic analysis and data recovery capabilities. The collaboration will offer Veeam customers improved resilience against ransomware through advanced technology for identifying ransomware strains and proactive enterprise security measures."

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.

• https://www.coveware.com/ 

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.