Monday, May 20, 2024
spot_img
spot_img

Cohesity Extends Collaboration to Strengthen Cyber Resilience with IBM Investment in Cohesity

spot_img
spot_img
spot_img
- Advertisement -

Cohesity announced a deepening of its cyber resilience collaboration with IBM. The enhanced relationship will accelerate the development of essential cyber resilience capabilities to address organisations’ critical need for increased data security and resilience across hybrid cloud environments. With this announcement, Cohesity completes its Series F financing, with IBM joining NVIDIA as a strategic investor.

The most recent Cost of a Data Breach report sponsored by IBM Security shows the global average cost of a data breach in 2023 was $4.45 million, a 15% increase over the previous three years. To help clients tackle this issue head-on, IBM has delivered Cohesity capabilities into IBM’s end-to-end cyber resilience platform, IBM Storage Defender, strengthening customers’ ability to recover from data breaches and cyber-attacks.

Mr. Sanjay Poonen, CEO and President, Cohesity.
Mr. Sanjay Poonen, CEO and President, Cohesity.

“IBM is a powerful partner in the enterprise cloud and IT infrastructure market. They bring decades of expertise to our relationship, in addition to their investment in our business to help fund incremental research and development to offer customers even stronger cyber resilience,” said Mr. Sanjay Poonen, CEO and President, Cohesity. “We’re thrilled that IBM is working with us as we continue to help combined customers detect threats rapidly and maintain operations during an attack to avoid business interruptions.”

Mr. Ric Lewis, SVP, Infrastructure at IBM
Mr. Ric Lewis, SVP, Infrastructure at IBM

“Data breaches continue to be one of the biggest threats organisations face to advancing business outcomes,” said Mr. Ric Lewis, SVP, Infrastructure at IBM. “We’re excited to deepen our collaboration with Cohesity to bring clients innovative end-to-end software-defined solutions designed to increase their cyber resilience and help avoid business interruptions.”

Cohesity’s collaboration with IBM has brought Cohesity DataProtect together with IBM’s Storage Defender Solution to help their joint customers protect, monitor, manage, and recover data. Cohesity DataProtect is a high-performance, secured backup and recovery solution. It is designed to safeguard your data against sophisticated cyber threats and offers comprehensive policy-based protection for your cloud-native, SaaS, and traditional data sources. DataProtect converges multiple-point products into a single multicloud platform deployed on-premises or consumed as a service.

IBM Storage Defender leverages AI and event monitoring across multiple storage platforms through a single pane of glass to help protect organisations’ data layer from risks like ransomware, human error, and sabotage. Additionally, IBM Storage Defender is anticipated to include a cyber vault and clean room features with automated recovery functions designed to help companies restore business-critical data in hours or minutes from what used to take days.

Covered By: NCN MAGAZINE / Cohesity

If you have an interesting Article / Report/case study to share, please get in touch with us at editors@roymediative.com , roy@roymediative.com9811346846/9625243429

- Advertisement -
spot_img
spot_img
spot_img
spot_img