Cyber threat detection company BitDam acquired by Datto
The Israeli company's technology is now expected to help protect cloud-based remote workforces from unknown cyber threats at a greater scale
Cybertech
| 14/03/2021
Photo: Bigstock
Datto Holding Corp., a provider of cloud-based software and technology solutions purpose-built for delivery by managed service providers, announced Wednesday that it has acquired BitDam, an Israel-based cyber threat detection company.
BitDam’s cyber-defense platform secures collaboration tools, such as M365 and Google Workspace, from ransomware, malware, and phishing. Its threat detection technology was built to stop zero-day threats including those that do not match any known malware signatures, proactively defending against malware and phishing threats within a user’s inbox, chat, or cloud drive, Datto said.
“Cyber resilience has been at Datto’s core since the launch of our flagship Continuity service and the Datto Cloud over a decade ago,” said Tim Weller, CEO of Datto. “This acquisition marks an important step on our security journey, coming on the heels of our recent launch of Ransomware Detection in Datto RMM. Both deliver new revenue and margin opportunities to our 17,000 MSP partners just as cyber attacks on SMBs are proliferating. We welcome the elite BitDam security team to Datto as we continue to execute on an ambitious security roadmap for our partners.”
“We are thrilled to be joining the Datto team to help shape the security roadmap for MSPs as threats evolve globally,” said Liron Barak, BitDam’s co-founder and CEO, who added that "our patented technologies can help protect cloud-based remote workforces from unknown cyber threats at an even greater scale through Datto."
BitDam says it is the only vendor to stop unknown threats at first encounter before other security solutions identify them, and that the company’s cloud-native solution, BitDam ATP+, offers complete security against attacks of any type across O365 email and other business collaboration tools.
The Israeli company's technology is now expected to help protect cloud-based remote workforces from unknown cyber threats at a greater scale
Photo: Bigstock
Datto Holding Corp., a provider of cloud-based software and technology solutions purpose-built for delivery by managed service providers, announced Wednesday that it has acquired BitDam, an Israel-based cyber threat detection company.
BitDam’s cyber-defense platform secures collaboration tools, such as M365 and Google Workspace, from ransomware, malware, and phishing. Its threat detection technology was built to stop zero-day threats including those that do not match any known malware signatures, proactively defending against malware and phishing threats within a user’s inbox, chat, or cloud drive, Datto said.
“Cyber resilience has been at Datto’s core since the launch of our flagship Continuity service and the Datto Cloud over a decade ago,” said Tim Weller, CEO of Datto. “This acquisition marks an important step on our security journey, coming on the heels of our recent launch of Ransomware Detection in Datto RMM. Both deliver new revenue and margin opportunities to our 17,000 MSP partners just as cyber attacks on SMBs are proliferating. We welcome the elite BitDam security team to Datto as we continue to execute on an ambitious security roadmap for our partners.”
“We are thrilled to be joining the Datto team to help shape the security roadmap for MSPs as threats evolve globally,” said Liron Barak, BitDam’s co-founder and CEO, who added that "our patented technologies can help protect cloud-based remote workforces from unknown cyber threats at an even greater scale through Datto."
BitDam says it is the only vendor to stop unknown threats at first encounter before other security solutions identify them, and that the company’s cloud-native solution, BitDam ATP+, offers complete security against attacks of any type across O365 email and other business collaboration tools.
