N-able Announces New Fortified Copies Feature in Cove Data Protection—Driving Stronger Ransomware Protection
N-able, Inc. (NABL)
Company Research
Source: Business Wire
The newest feature of Cove delivers automatic backup immutability minus the extra cost and effort BURLINGTON, Mass.--(BUSINESS WIRE)--N-able, Inc. (NYSE: NABL), a global software company helping IT services providers deliver remote monitoring and management, data protection as a service, and security solutions, has announced Fortified Copies from Cove Data Protection. With this update, Cove has taken a fresh approach to backup immutability—adding another layer of protection for servers, workstations, and Microsoft 365 backups. Immutability is built into the Cove architecture as an automatic feature, with no additional management or cost impact.A recent study by Sophos found that 94% of ransomware victims have their backups targeted by attackers, making immutability more relevant than ever. Fortified Copies are immutable backups that cannot be altered or deleted by threat actors, because there is no way to access them via Cove’s management console, application programming interface
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News
- N-able Adds Three Leaders to Further Strengthen its Global Channel StrategyBusiness Wire
- N-able, Inc. (NYSE: NABL) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $16.50 price target on the stock.MarketBeat
- N-able, Inc. (NYSE: NABL) had its price target lowered by analysts at BMO Capital Markets from $14.00 to $13.50. They now have a "market perform" rating on the stock.MarketBeat
- N-able Inc (NABL) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amidst Market Challenges [Yahoo! Finance]Yahoo! Finance
- N-able Announces Third Quarter 2024 ResultsBusiness Wire
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Earnings
- 11/7/24 - Beat
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Sec Filings
- 11/12/24 - Form SC
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- NABL's page on the SEC website