Veeam Software has 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 resilience solutions.
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: all with the goal of data recovery from ransomware attacks.
Recovering from cyber incidents is extremely difficult. 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 reduce their risk and increase their resiliency.
Bill Siegel, CEO and co-founder at Coveware by Veeam
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.
