The adage “two is one, and one is none” has long been applied to the non-digital world, emphasizing the importance of redundancy. In the realm of cybersecurity, this concept is relatively new but crucial. With that concept in mind, Backblaze, Inc., a cloud storage provider, has partnered with Coalition, a cyber insurance company, to integrate Backblaze Computer Backup into Coalition’s cyber risk management platform, Coalition Control. This collaboration aims to strengthen business continuity planning and cyber risk mitigation for Coalition’s customers.
With ransomware incidents rising by over 15% from FY ’22 to FY ’23 and average ransom demands nearing $1.4 million, businesses face growing pressure to improve their cybersecurity measures. Many struggle to qualify for cyber insurance due to gaps in their security protocols, particularly the lack of immutable, off-site backups. Integrating Backblaze’s unlimited, automatic endpoint backup solution addresses this need, providing a reliable tool to secure valuable data and meet insurance requirements.
John Roberts, General Manager of Security at Coalition, stated, “Adding Backblaze’s industry-leading cloud backup as the recommended backup solution in Coalition Control will help our customers improve their business continuity plans and cyber incident remediation through reliable data backups.”
Backblaze Computer Backup offers a straightforward setup with preconfigured installers, default user data backup and predictable pricing for unlimited capacity. It also includes enterprise-grade features such as fine-grained access controls, OIDC authentication support tools like Azure AD and Okta, and advanced backup lockdown and recovery settings.
“Disaster Recovery”
Elton Carneiro, Senior Director of Partnerships at Backblaze, commented, “Partnering with Coalition means we can take another step forward in making data protection and disaster recovery accessible to businesses of any size.”
Coalition provides its policyholders in the United States, Canada, Australia, and the United Kingdom with advanced cybersecurity tools through the Coalition Control platform. Serving over 80,000 customers, Coalition combines insurance coverage with cybersecurity tools to help businesses manage and prevent digital risks.
Backblaze, headquartered in San Mateo, CA, and serving over 500,000 customers in 175 countries, delivers secure cloud storage solutions for various applications, including backups, AI workflows, and ransomware protection. This partnership exemplifies the commitment of both companies to enhance cyber risk protection and compliance for businesses globally.
Source: Backblaze Partners with Coalition to Elevate Cyber Risk Protection and Compliance.
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