#Cohesity

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

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April 11, 2024 at 04:53PM Cohesity announced an expanded collaboration with IBM to enhance cyber resilience capabilities for increased data security and recovery across hybrid cloud environments. The collaboration, including funding and expertise from IBM, aims to address the growing threat of data breaches through innovative end-to-end software-defined solutions. This collaboration brings together Cohesity DataProtect … Read more

Cohesity to Buy Veritas’ Data Protection Businesses

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February 11, 2024 at 07:21AM Cohesity will acquire Veritas’ data protection business, creating a $7 billion security and management giant. The combined entity, led by Cohesity’s Sanjay Poonen, is projected to have over $1.6 billion in revenues with an expected close by the end of 2024. A separate company called DataCo, led by Lawrence Wong, … Read more

Cohesity Research Reveals Most Companies Pay Millions in Ransoms

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January 30, 2024 at 05:02PM Cohesity’s research reveals the prevalence of cyberattacks, leading companies to break ‘do not pay’ policies due to data recovery deficiencies. The study of 900+ IT and Security decision-makers shows a grim outlook for cyberattacks, with 79% being victims of ransomware. Companies require over 24 hours for data recovery, leading to … Read more