Wasabi Technologies Receives 2021 Cloud Computing Security Excellence Award for Wasabi Object Lock
BOSTON, MA, October 7, 2021 — Wasabi Technologies, the hot cloud storage company, today announced that TMC, a global, integrated media company, has named Wasabi Object Lock a 2021 Cloud Computing Security Excellence Award winner. Object Lock, natively available through Wasabi, is a data protection feature introduced that delivers a new level of data protection, preventing malicious or accidental operations that can lead to significant data loss or alteration, while simplifying the often complicated though critical immutability process.
The Cloud Computing Security Excellence Award, presented by Cloud Computing Magazine, recognizes companies that have most effectively leveraged cloud computing in their efforts to bring new, differentiated offerings to market. With Object Lock, applications or storage administrators can designate certain data objects as immutable, meaning the content cannot be altered or deleted by any application or user including ransomware attackers, for a specific period of time. It guarantees that once the information is stored with Wasabi, it will remain there until the lock expires.
The added layer of protection offered by Object Lock is essential for protecting data from cybersecurity threats, as today’s attacks have evolved and cybercriminals go after backups and archives as part of their ransomware attacks. Object Lock is also critical for maintaining regulatory compliance and consumer protection standards, as well as industry-specific rules like HIPAA, FINRA, and CJIS for securing and preserving electronic records, transactional data, and activity logs.
“Recovering from a cybersecurity incident, whether a malicious ransomware attack or accidental human error is a time-consuming, technical process. That’s why a robust data protection strategy with immutability and cloud backup can be the difference between business as usual and all operations grinding to a halt,” said David Friend, Co-Founder and CEO of Wasabi. “Object Lock was designed to work seamlessly within Wasabi’s industry-leading price and performance model featuring no fees for egress or API requests. Not only do users know their data is protected with Wasabi, they also have the flexibility to test business continuity and incident response to strengthen their cybersecurity posture amidst today’s ever-evolving risks.”
“Recognizing leaders in the advancement of cloud computing, TMC and Cloud Computing magazine are proud to announce Wasabi Object Lock as a recipient of the Cloud Computing Security Excellence Award,” said Rich Tehrani, CEO, TMC. “Wasabi Technologies is being honored for their achievement in bringing innovation and excellence to this crucial market segment.”
About Wasabi Technologies:
Wasabi provides simple, predictable and affordable hot cloud storage for businesses all over the world. It enables organizations to store and instantly access an unlimited amount of data at 1/5th the price of the competition with no complex tiers or unpredictable egress fees. Trusted by tens of thousands of customers worldwide, Wasabi has been recognized as one of technology’s fastest-growing and most visionary companies. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi has secured nearly $275 million in funding to date and is a privately held company based in Boston.
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