Datto Holding Corp. announced that it has acquired BitDam Ltd., an Israel based cyber threat detection company. Datto is the leading global provider of cloud-based software and technology solutions purpose built for managed service providers. Datto strongly believes that there is no limit to what small and medium businesses can achieve if they have the right technology.

According to Datto’s annual Global State of the Channel Ransomware Report, MSPs report phishing as the most common cause of successful ransomware breaches for multiple years.

BitDam’s cyber defense platform can help with that because it secures collaboration tools, such as M365 and Google Workspace, from ransomware, malware, and phishing. Furthermore, its leading 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.

“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 Chief Executive Officer.

“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.”

Read the full article here.

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