Veritas Joins Sheltered Harbor Alliance Partner Program as a Solution Provider to Better Protect Financial Industry Customers from Cyberattacks
SANTA CLARA, Calif.–(BUSINESS WIRE)–Veritas Technologies, a leader in multi-cloud data management, today announced that it has joined the nonprofit financial industry initiative, Sheltered Harbor, as a technology solutions provider as part of its Alliance Partner program. This reinforces Veritas’ commitment to ensuring critical financial industry customer data remains protected from cyber threats, including ransomware.
Ransomware attacks and other cyber threats continue to increase in frequency and sophistication. This has resulted in massive amounts of stolen data, significant financial consequences and loss of consumer confidence across all industry sectors, including financial services. As a result, ransomware defense has become a top priority for business leaders in 2022. According to ESG research, 82% of survey respondents said ransomware concerns in their organization are higher today. today than two years ago, and 68% identified it. as one of the company’s top five priorities1.
In response to growing attacks on the financial industry, Sheltered Harbor helps protect financial institutions and their customers, while preserving public confidence in the US financial system. Through collaboration with hundreds of subject matter experts from renowned industry players, as well as support from regulators, Sheltered Harbor has created the only industry standard dedicated to improving resilience. and the stability of the financial sector.
Doug Matthews, senior vice president, Product Management at Veritas, said, “Given the meteoric rise in cyberattacks, ransomware remains one of the greatest threats to businesses today, and financial institutions are specifically targeted as part of the country’s critical infrastructure. By partnering with Sheltered Harbor, we are taking another crucial step in continuing to empower our financial industry customers to confidently preserve their critical data and ensure its rapid recovery, wherever it resides.
Carlos Recalde, President and CEO of Sheltered Harbor, said, “Cyberattacks continue to threaten every industry and the financial sector remains an attractive target for bad actors. We are excited to have Veritas join our alliance program to help protect critical financial institution data through industry standards. Together, Sheltered Harbor and Veritas are dedicated to building financial sector resilience and safety. »
To learn more about Sheltered Harbor, please visit: https://shelteredharbor.org.
For more information on Veritas’ Sheltered Harbor Alliance partnership, visit here.
Veritas Technologies is a leader in multi-cloud data management. More than 80,000 customers, including 87% of the Fortune Global 500, rely on us to ensure their data is protected, recovered and compliant. Veritas has a reputation for large-scale reliability, which provides the resilience its customers need against disruptions threatened by cyberattacks, such as ransomware. No other vendor can match the execution capability of Veritas, with support for over 800 data sources, over 100 operating systems, over 1,400 storage targets and 60+ clouds through a single, unified approach. Leveraging our Cloud Scale technology, Veritas is today implementing its Autonomous Data Management strategy that reduces operational overhead while delivering greater value. Learn more at www.veritas.com. Follow us on Twitter at @veritastechllc.
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1 ESG Report: 2022 Technology Spending Intentions Survey, November 2021