Standards, Regulations & Compliance , Video

Acronis CEO on Why Service Providers Must Host Data Locally

Acronis plans to use $250 million raised in July to build out a global network of data centers so service providers can host data locally, CEO Patrick Pulvermueller says.

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Service providers looking to protect client data have to adhere to an ever-increasing set of compliance and governance rules that diverge significantly in North America, Europe and Asia, he says. As employees have relocated and shifted to permanent remote status since the outbreak of the novel coronavirus, firms must comply with data residency rules for where they're based as well as where workers reside (see: Why Supply Chain Attackers Love Managed Service Providers).

"You have to comply with these local rules, and that's where we help," Pulvermueller says. "We actually make sure that whatever you need to do to protect your end customers - wherever they are - you're compliant with the local regulations."

In a video interview with Information Security Media Group, Pulvermueller also discusses:

• The fastest-growing segment of Acronis' business in 2022;
• How Acronis' approach to DLP and EDR differs from rivals;
• What makes Acronis unique in the data protection market.

Pulvermueller joined Acronis in July 2021 from GoDaddy, where he most recently served as president of the partner business. In that role, he led the company's strategic expansion of its hosting, productivity and security services through resellers and agency partners. Combining that experience with his product development expertise, Pulvermueller is an expert in developing successful, cloud-based go-to-market strategies, particularly through service providers, resale channels and strategic alliances. Previously, he was CEO of Host Europe GmbH and group CEO of Host Europe Group. During his time as group COO, Pulvermueller helped grow HEG from a small business to one that sold for $1.8 billion.