Microsoft takes a stake in Rubrik to combat ransomware

According to a Bloomberg source, Microsoft’s investment was in the “low tens of millions” and valued Rubrik at about $4 billion. . Rubrik provides cloud backup and recovery services on Azure, AWS, Google Cloud and Microsoft 365, as well as ransomware recovery services. Microsoft made the investment as it continues its push for organisations to adopt a Zero Trust architecture, which focuses less on hardening the network perimeter and aims to protect BYOD devices and applications that are used at work and home.

Link: Microsoft takes a stake in Rubrik to combat ransomware
via http://www.zdnet.com

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