Press release content from Business Wire. The AP news staff was not involved in its creation. Datto Acquires Cyber Threat Detection Company BitDam March 10, 2021 GMT NORWALK, Conn.--(BUSINESS WIRE)--Mar 10, 2021-- Datto Holding Corp. (“Datto”) (NYSE:MSP), the leading global provider of cloud-based software and technology solutions purpose-built for managed service providers (MSPs), today announced that it has acquired BitDam Ltd., an Israel-based cyber threat detection company (“BitDam”). ADVERTISEMENT BitDam’s cyber-defense platform secures collaboration tools, such as M365 and Google Workspace, from ransomware, malware, and phishing. Its leading threat detection technology was built to stop zero-day threats including those that do not match any known malware signatures, proactively defending against malware and phishing threats within a user’s inbox, chat, or cloud drive. Year after year, MSPs report phishing as the most common cause of successful ransomware breaches, according to Datto’s annual Global State of the Channel Ransomware Report, a survey of global MSPs.