Datto Holding Corp. has announced that it has acquired BitDam Ltd., an Israel-based cyber threat detection company. BitDam’s cyber defense platform secures collaboration tools, including M365 and Google Workspace, from ransomware, malware, and phishing attacks. Its threat detection technology was designed to prevent zero-day threats, including those that do not match any known malware signatures. Users are able to proactively defend against malware and phishing attempts within their inbox, chat, or cloud drive.
Datto offers backup and disaster recovery appliances, Software as a Service (SaaS) data protection, and managed networking products. The provider has more than 5,000 managed service providers across the globe that sell its products. Datto also boasts nine data center locations worldwide, including the U.S., Canada, Iceland, the U.K., Germany, Australia, and Singapore. Datto is offered for data on-prem in a physical or virtual server or in the cloud via SaaS applications. The vendor is completely channel-driven and recently released SIRIS 4, a business continuity and disaster recovery solution built for MSPs. In 2020, Datto went public and acquired Gluh.
According to Datto’s annual Global State of the Channel Ransomware Report, which is a survey of global MSPs, phishing is reported as the most common cause of successful ransomware breaches year after year.
In a media statement, Tim Weller, CEO of 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. 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.”
Liron Barak, co-founder and CEO of BitDam, also added, “we are thrilled to be joining the Datto team to help shape the security roadmap for MSPs as threats evolve globally. Thanks to the talented BitDam team, whose excellence in cybersecurity technology innovation has led our journey here, our patented technologies can help protect cloud-based remote workforces from unknown cyber threats at an even greater scale through Datto.”
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