Teaming Up Ransomware is the fastest growing cybercrime. It’s causing businesses greater financial losses every year. As the recent cyberattack on Honda proves, no company is immune

Cisco and Cohesity have teamed up to offer a holistic approach to cybersecurity that prevents your backups from being targets for ransomware. Having an integrated solution protects your enterprise. A webinar was held to discuss this. The participants were Alan Stearn, Technical Solutions Architect, Cisco; and Derek Cowan, Head of System Engineering, ANZ, Cohesity.

Derek Cowan said Cohesity was founded in 2013. It has a highly experienced team working for Nutanix, Google, VMware etc. Cohesity data management is redefined on Cisco UCS. Cohesity DataPlatform is powered by SpanFS. It also has the Cohesity Marketplace and Cohesity Helios. 66 www.dqindia.com

Alan Stearn said that partnerships take on lot of different characteristics. Cisco has invested in Cohesity. Customers can buy and deploy the solutions from Cisco. Solution support is critical. It is really an end-to-end integration.

There are many ransomware attacks. How is the environment? Cowan said there are bad guys trying to exploit the opportunity. There is a very big financial impact. There is about $2.1 trillion cost to the global economy due to cyberattacks. There is $11.5 billion due to cost of ransomware attacks. There is $1.2-$2.5 billion average cost of downtime. There are entry points through the user action and vulnerabilities are getting exploited. In fact, organisations still have vulnerable systems that are attacked.