BLZE - Backblaze Partners with Coalition to Elevate Cyber Risk Protection and Compliance | Benzinga
SAN MATEO, Calif., June 13, 2024 (GLOBE NEWSWIRE) -- Backblaze, Inc. (NASDAQ:BLZE), the cloud storage innovator providing a modern alternative to traditional cloud providers, today announced a new partnership with Active Cyber Insurance provider Coalition to help businesses proactively reduce their cyber risk. The partnership provides Coalition's customers with direct access to Backblaze Computer Backup, an enterprise-grade, unlimited, and automatic endpoint backup solution, via the Coalition Control® cyber risk management platform.
Many businesses have gaps in their cyber security posture that disqualify them from cyber insurance coverage, especially when it comes to immutable, off-site backups. With ransomware continuing to rise over 15% (FY '22 to FY '23) and the average ransomware demand increasing to nearly $1.4m, cyber insurance has become increasingly important for risk mitigation. Businesses of all sizes need access to reliable backups to gain adequate coverage and better secure their most valuable data.
"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," said John Roberts, General Manager, Security, at Coalition. "Backblaze's accessible solution delivers businesses a win-win with increased compliance and enhanced incident preparedness."
Backblaze Computer Backup combines simplicity—including preconfigured installers for faster "time to security," backing up all user data by default, and predictable pricing ...