Ransomware groups do not stop at encrypting production servers anymore. Panzer alone hit 16 firms in a single month this year, and August 2026 set a record of 997 tracked ransomware attacks worldwide, according to tech-insider.org’s coverage of the Panzer ransomware wave. When the backup layer becomes the last line of defense, the choice between Rubrik, Veeam, and Cohesity stops being an IT budgeting question and turns into a security decision with a dollar figure attached: the average ransomware incident now costs $5.08 million once downtime is factored in, and that downtime runs roughly 50 times the size of the ransom demand itself.
Rubrik, Veeam, and Cohesity are the three vendors that show up in nearly every enterprise cyber-resilience shortlist for September 2026, and Gartner’s own research confirms it: all three landed in the Leaders quadrant of the 2026 Gartner Magic Quadrant for Backup and Data Protection Platforms, alongside Commvault and Druva. But “Leader” status hides real differences in architecture, pricing, public-market exposure, and — this is the detail most comparison posts skip — security disclosure history. This guide breaks down what separates the three platforms right now, using only verified 2025-2026 data: real stock prices, real ARR figures, a real CVE gap, and the actual Gartner placement rather than marketing copy.
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What Rubrik, Veeam, and Cohesity Actually Do
All three vendors sell what the industry now calls cyber resilience platforms rather than plain backup software. The pitch is similar across all of them: back up workloads across on-premises, cloud, and SaaS environments, keep at least one immutable copy that ransomware cannot touch, detect anomalies before an attacker finishes encrypting a network, and get an organization back online fast enough that paying a ransom stops being the only option. Where they diverge is in how each company got here.
Rubrik launched in 2014 in Palo Alto, California, built its reputation on an immutable, append-only file system, and went public on the New York Stock Exchange on April 25, 2024, under the ticker RBRK. Its core stack is Rubrik Security Cloud, which bundles data protection with Cloud Vault (an air-gapped, isolated recovery environment) and Turbo Threat Hunting for forensic investigation after an incident.
Veeam is the oldest of the three, founded in 2006 and now headquartered in Kirkland, Washington, though it still operates a large Switzerland-rooted engineering organization. Veeam stayed private and is majority-owned by Insight Partners, with TPG and Temasek also holding stakes. It built its business on Backup & Replication for VMware and Hyper-V environments before expanding into cloud, SaaS, and Kubernetes protection, and it now describes itself as the market’s largest data-resilience vendor by installed base.
Cohesity, founded in 2013 in San Jose, California, built a hyperconverged secondary-storage platform and later pivoted hard into ransomware resilience with FortKnox, its managed cyber vault, and DataHawk, its data-security posture and threat-detection layer. Cohesity’s footprint roughly doubled when its combination with Veritas’s enterprise data-protection business closed on December 10, 2024 — Veritas kept its separate Data Compliance and Backup Exec lines outside that deal.
Full Specs Comparison Table: Rubrik vs Veeam vs Cohesity in 2026
Here is how the three platforms line up on the metrics that matter for a September 2026 buying decision. Pricing figures marked “estimate” come from third-party negotiated-cost research rather than official vendor rate cards, since Rubrik and Cohesity both sell on a custom-quote basis.
| Category | Rubrik | Veeam | Cohesity |
|---|---|---|---|
| Founded / HQ | 2014, Palo Alto, CA | 2006, Kirkland, WA | 2013, San Jose, CA |
| Ownership | Public (NYSE: RBRK) | Private (Insight Partners, TPG, Temasek) | Private (post-Veritas merger) |
| Latest core release | Rubrik Security Cloud (continuous SaaS updates) | Veeam Data Platform 13.1, GA July 29, 2026 | Cohesity Data Cloud, Agent Resilience added Sept. 2026 |
| Flagship cyber-vault product | Cloud Vault | Veeam Data Cloud Vault Archive | FortKnox |
| Threat detection layer | Turbo Threat Hunting | Recon Scanner 3.0 (with Coveware) | DataHawk |
| AI assistant | Rubrik Ruby (legacy) / Rubrik AI (2026 agentic layer) | Veeam Intelligence | Cohesity Gaia |
| 2026 Gartner MQ placement | Leader | Leader (10th consecutive year) | Leader |
| Publicly disclosed 2026 CVEs | None publicly confirmed as of Sept. 24, 2026 | CVE-2026-21669 (CVSS 9.9), CVE-2026-21670 (CVSS 7.7) | None publicly confirmed as of Sept. 24, 2026 |
| ARR (most recent disclosed) | $1.66B subscription ARR (July 31, 2026, +33% YoY) | >$1.5B (company-reported) | >$1B (company-reported, unaudited) |
| Customers ($100K+ ARR tier / total) | 2,805 customers at $100K+ ARR (Jan. 31, 2026) | >550,000 organizations protected (company claim) | >12,000 organizations (combined with Veritas base) |
| Market capitalization / valuation | ~$23.0B market cap (Sept. 22, 2026 close) | $15B (Dec. 2024 secondary sale valuation) | ~$3.7B (last reported private round, pre-Veritas) |
| Indicative annual cost per protected TB | ~$85-$180/TB negotiated; ~$220/TB list (estimate) | Quote-based; per-workload (VUL) licensing | ~$80-$160/TB negotiated; ~$210/TB list (estimate) |
| Post-quantum cryptography | Not publicly detailed as of Sept. 2026 | Added in Data Platform 13.1 | Not publicly detailed as of Sept. 2026 |
Two rows in that table deserve a second look. First, Rubrik’s ARR of $1.66 billion already edges past Veeam’s self-reported $1.5 billion-plus figure, even though Veeam still claims a larger overall market-share position — Piper Sandler analyst James Fish estimated Veeam at roughly 17% of the backup market against Rubrik’s 10%, according to Forbes’ September 16, 2026 report on Rubrik’s stock movement. Second, and more relevant for a cybersecurity-focused reader: only Veeam has publicly disclosed CVEs in the platform itself during 2026. That is not automatically a mark against Veeam — it can also mean Veeam runs a more transparent disclosure program — but it is the kind of asymmetry a security team should ask each vendor to explain directly.
The Veeam CVE-2026-21669 Disclosure, Explained
Veeam’s own advisory, published on its knowledge base, lists CVE-2026-21669 as a critical vulnerability carrying a CVSS score of 9.9. The flaw could let an authenticated domain user achieve remote code execution against the backup server itself — the single machine that, in a properly segmented environment, is supposed to be the hardest target in the whole network. A second, lower-severity flaw, CVE-2026-21670 (CVSS 7.7), lets a low-privileged local user extract saved SSH credentials from the same server. Full technical detail is available directly from Veeam’s own advisory page.
Neither flaw appears to have been exploited in the wild as of this writing, and Veeam shipped fixes alongside the disclosure rather than after a breach forced its hand — a materially different situation from the pattern the site has tracked with other vendors, such as the unpatched BigDiskBuster Defender zero-day or the Cisco ISE flaw that hit a perfect CVSS 10.0. Still, the practical lesson for anyone running Veeam Backup & Replication or Veeam Data Platform is the same one that applies to any backup product: patch the backup server itself as aggressively as production systems, because attackers increasingly target the recovery layer first, specifically to remove an organization’s ability to say no to a ransom.
Rubrik and Cohesity did not have comparable CVE disclosures turn up in verified records checked for this article as of September 24, 2026. That does not prove either platform is more secure in an absolute sense — closed, fully SaaS-delivered architectures like Rubrik’s disclose vulnerabilities differently than self-hosted software, and a lack of public CVEs is not the same as a lack of vulnerabilities. But it is a real, checkable data point, and buyers evaluating any of the three should ask directly about each vendor’s responsible-disclosure history and patch cadence rather than assume parity.
Architecture: Immutability, Air-Gapping, and Storage Efficiency
Rubrik’s core differentiator has always been its file system. Data lands on an append-only, immutable architecture by default, which means a ransomware payload that reaches the backup layer cannot simply overwrite existing recovery points the way it could on a traditional file-based backup target. Cloud Vault extends that idea into an isolated, logically air-gapped environment hosted away from a customer’s primary environment, intended as the last-resort copy if an attacker compromises everything else.
Veeam’s approach layers immutability on top of a broader hypervisor and workload support matrix that remains the deepest of the three vendors, spanning VMware, Hyper-V, Nutanix AHV, physical servers, NAS, Kubernetes, and a long list of SaaS platforms. Veeam Data Platform 13.1, which reached general availability on July 29, 2026, added NAS and cloud malware detection, Active Directory forest recovery that Veeam says can run in minutes rather than days, and — notably for a security-conscious buyer — post-quantum cryptography support, according to Virtualization Review’s coverage of the release. Veeam also introduced Data Cloud Vault Archive in the same release cycle, a lower-cost archive tier aimed at aged backups and large unstructured datasets that don’t need premium recovery speed.
Cohesity leans on its FortKnox managed cyber vault plus DataHawk for anomaly detection and threat scanning across the estate. Cohesity’s own marketing states its architecture needs roughly 33% less storage than Rubrik to protect the same data footprint — a claim worth treating as exactly that, a vendor claim, until validated against a specific customer’s workload mix, but one that shows up consistently in Cohesity’s own comparison materials, including its direct Rubrik comparison page. In September 2026, Cohesity also began rolling out Agent Resilience, aimed at protecting and recovering the data and configuration state of autonomous AI agents — a genuinely new backup category that neither Rubrik nor Veeam has a directly comparable named product for yet, as of this writing.
AI Features Compared: Rubrik AI, Veeam Intelligence, and Cohesity Gaia
Every vendor in this category now ships a generative-AI layer, and the naming alone tells part of the story. Rubrik’s original assistant, Rubrik Ruby, launched as a generative-AI companion embedded in Rubrik Security Cloud, answering natural-language questions about backup status, anomalies, and recovery options. In June 2026, Rubrik broadened that into Rubrik AI, described as an agentic experience spanning both Rubrik Security Cloud and Rubrik Agent Cloud — a shift from a chat-style assistant toward AI that can take multi-step actions across the platform rather than just answer questions.
Veeam Intelligence plays a similar role inside Veeam Data Platform 13.1, surfacing anomaly detection results and helping administrators triage which backups look suspicious before a full restore. Cohesity’s equivalent, Cohesity Gaia, is officially described as an AI-powered enterprise search assistant for data stored across the Cohesity Data Cloud — reporting from TechTarget notes the name is shorthand for “general AI application.” Gaia’s positioning leans more toward searching and summarizing protected data itself, which is a different job than Rubrik AI’s agentic task automation or Veeam Intelligence’s anomaly triage, even though all three get marketed under the same “AI-powered resilience” banner.
None of the three vendors has published an independently audited accuracy rate for its AI assistant’s anomaly detection or threat-classification output, which matters more here than in most software categories: a false negative from a backup platform’s AI layer means a compromised recovery point gets treated as clean, and a security team restores infected data straight back into production. Any organization evaluating these AI features should ask each vendor directly for false-positive and false-negative rates from real customer deployments rather than accepting a demo-environment result.
Security Ecosystem Integrations: SIEM, XDR, and SOC Connectivity
A backup platform that cannot talk to the rest of a security stack becomes a blind spot, so integration depth with SIEM and XDR tools is worth weighing as heavily as raw recovery speed. Rubrik documents integrations with Microsoft Sentinel (feeding Rubrik’s data-security intelligence into Sentinel’s analytics), CrowdStrike Falcon XDR and CrowdStrike LogScale, Palo Alto Networks Cortex XSOAR for automated playbook-driven response, and several ServiceNow connectors, including a Service Graph Connector and automatic incident creation, according to Rubrik’s developer integrations documentation.
Veeam announced the Veeam App for Microsoft Sentinel, distributed through the Sentinel Content Hub and Microsoft Marketplace, which pipes Veeam’s backup, threat, and ransomware intelligence directly into Sentinel workflows. Veeam also documents integrations with Splunk Cloud and Splunk Enterprise for surfacing risky backup behavior in dashboards and alerts, plus CrowdStrike Falcon LogScale and Next-Gen SIEM as additional signal sources, according to Veeam’s security integrations page. That combination — Sentinel, Splunk, and CrowdStrike all in one integration matrix — is currently the broadest of the three vendors based on what each company documents publicly.
Cohesity’s own trust and compliance materials do not list the same level of named SIEM/XDR partner detail as Rubrik or Veeam publish, though the company’s DataHawk module is built specifically to feed threat and data-security signals into a broader SOC workflow. Where Cohesity pulls ahead is compliance documentation: its trust center confirms SOC 2 Type II audits covering security, availability, and confidentiality for the Cohesity Helios SaaS platform, ISO/IEC 27001:2022 certification for the information-security management system behind its cloud services, and both FedRAMP Moderate and GovRAMP authorization — a detail that matters directly for public-sector and regulated-industry buyers, verified on Cohesity’s trust center.
Pricing: What Each Platform Actually Costs
None of the three vendors publishes a standardized public rate card, which is normal for enterprise data-protection software but frustrating for anyone trying to budget before a sales call. Cohesity’s own site states plainly that pricing is deal-specific and requires a custom quote. Rubrik follows the same model. Third-party negotiated-cost research puts Rubrik’s real-world cost at roughly $85 to $180 per protected terabyte per year once volume discounts apply, against an indicative list-level rate closer to $220 per TB per year. Cohesity lands in a similar band — an estimated $80 to $160 per protected TB per year negotiated, with list-level pricing around $210 per TB per year. Cohesity’s DataProtect as a Service option was estimated at roughly $1,200 per front-end TB per year, working out to about $2,425 per month for a 10-TB minimum commitment. All of these figures are third-party estimates, not official vendor rate cards, and actual enterprise pricing varies heavily by data volume, retention period, and whether an organization buys through a reseller.
| Pricing Factor | Rubrik | Veeam | Cohesity |
|---|---|---|---|
| Pricing model | Custom quote, SaaS subscription | Per-workload (VUL) licensing, perpetual or subscription | Custom quote, subscription or as-a-service |
| Estimated negotiated cost/TB/year | ~$85-$180 (estimate) | Not publicly benchmarked; quote-based | ~$80-$160 (estimate) |
| Estimated list-level cost/TB/year | ~$220 (estimate) | Not publicly benchmarked; quote-based | ~$210 (estimate) |
| As-a-service option | Rubrik-managed cloud tiers available | Veeam Data Cloud (managed) | Cohesity DataProtect as a Service, ~$1,200/front-end TB/yr (estimate) |
| Free/trial tier | Demo environments via sales | Community Edition (limited scale, free) | Demo environments via sales |
| Minimum commitment pattern | Enterprise contract, typically annual | Flexible, VUL pool can span workload types | 10 TB minimum common on DaaS tier (estimate) |
Veeam is the one vendor of the three that still ships a genuinely free tier — Veeam Community Edition — aimed at smaller environments and up to a defined number of protected workloads, which keeps it in play for mid-market IT teams that would never get a Rubrik or Cohesity sales call. That free tier, combined with Veeam’s claim of protecting more than 550,000 organizations globally and a channel network of more than 35,000 ProPartner resellers, is a large part of why Veeam still describes itself as the volume leader in the category even as Rubrik’s ARR growth rate outpaces it.
Financial Position: Public Stock vs Private Ownership
Rubrik is the only one of the three that trades on a public exchange, which means its financials are the most transparent and the most volatile at the same time. Rubrik shares closed at roughly $111.82 on September 22, 2026, putting its market capitalization near $23.0 billion, based on data tracked by MarketBeat’s RBRK profile. The stock priced at just $32 per share at its April 2024 IPO, so anyone who held since the debut is sitting on more than a 3x gain. Rubrik’s most recent quarterly disclosure put subscription ARR at $1.66 billion as of July 31, 2026, up 33% year over year, with 2,805 customers spending $100,000 or more annually as of January 31, 2026 — a 25% increase in that customer tier over the prior year. In June 2025, Rubrik also issued $1.15 billion in zero-coupon senior convertible notes due 2030, giving it a large cash cushion without diluting shareholders through a straight equity raise.
Veeam stayed private through its entire growth curve. Insight Partners, Veeam’s majority owner alongside TPG and Temasek, sold roughly $2 billion of its stake in a December 2024 secondary transaction that valued the whole company at $15 billion, a figure confirmed directly on Veeam’s own newsroom. Veeam has also reportedly agreed to acquire Securiti AI for approximately $1.73 billion, a deal expected to close around December 2025, though final closing confirmation was not independently verified for this article. That acquisition, if it closes as reported, would push Veeam further into AI data-security posture management, a category Cohesity’s DataHawk and various dedicated DSPM vendors already compete in.
Cohesity remains the least financially transparent of the three. Its last independently reported valuation sits at roughly $3.7 billion, from a 2023 funding round that predates the Veritas combination, which closed December 10, 2024 and substantially increased Cohesity’s scale and combined customer base to more than 12,000 organizations. No 2026 IPO registration statement had been filed with the SEC as of the most recent check for this article, so any reporting suggesting an imminent Cohesity IPO should be treated as speculation rather than confirmed fact until a filing appears on SEC EDGAR.
Ransomware Recovery Speed and Resilience Claims
Every vendor in this category claims fast recovery, and none of the three currently publishes an independently audited recovery-time-objective (RTO) benchmark that a buyer could compare apples-to-apples. Veeam’s headline claim for Data Platform 13.1 is Active Directory forest recovery “in minutes instead of days,” which is meaningful if true, since a compromised Active Directory forest is one of the most common reasons full recovery drags on for weeks after a ransomware incident. Rubrik markets similarly fast recovery times through Cloud Vault’s isolated recovery environment, and Cohesity leans on FortKnox plus DataHawk’s automated anomaly detection to shorten the time between “something looks wrong” and “we know exactly what was touched.”
What can be verified is the cost of getting recovery wrong. Cohesity’s own commissioned research found that cyberattacks cost affected firms roughly 15% of annual revenue on average, a figure covered in more detail in tech-insider.org’s breakdown of that survey. Separately, downtime following a ransomware incident now runs about 50 times the size of the ransom demand itself, pushing the average total cost of an incident to $5.08 million once lost productivity, incident response, and reputational cleanup are included — figures detailed in this site’s ransomware cost analysis. Whichever platform an organization chooses, the math argues strongly for treating recovery speed testing — actually running a recovery drill, not just reading a vendor’s marketing claim — as a mandatory step before an incident happens, not during one.
Independent Benchmarks and Analyst Recognition
Outside of Gartner’s Magic Quadrant, which measures completeness of vision and ability to execute rather than raw technical performance, the analyst landscape for this category is fragmented. Gartner also publishes a separate Critical Capabilities report that scores vendors against specific use cases rather than a single quadrant position — in its 2026 edition, Commvault claimed the top score in five of six use cases, a result the company promoted directly rather than one independently confirmed by this article’s research. That distinction matters: a vendor can lead a Critical Capabilities use-case score while still sitting behind a rival on the broader Magic Quadrant, because the two reports measure different things.
For Rubrik, Veeam, and Cohesity specifically, the clearest independently verifiable signal remains the 2026 Magic Quadrant placement itself — all three as Leaders, alongside Commvault and Druva, with Veeam described by Blocks & Files as leading the pack narrowly rather than decisively. No neutral, vendor-independent lab has published a head-to-head recovery-time benchmark across all three platforms using identical workloads, which is the single biggest gap in publicly available data for anyone trying to make this decision on technical merit alone. Until that changes, a proof-of-concept against an organization’s own data remains the only reliable way to compare real recovery performance rather than relying on any vendor’s marketing claim, including the ones repeated in this article.
Real-World Use Cases: Which Platform Fits Which Organization
The right platform depends heavily on existing infrastructure, regulatory posture, and how much of the stack an organization wants to run itself versus hand to a managed service.
- Large enterprises standardized on VMware or hybrid virtualization: Veeam’s workload-support breadth, including Nutanix AHV and physical server backup alongside VMware and Hyper-V, makes it the safer default for heterogeneous virtualization estates that can’t fully commit to one hypervisor vendor.
- Cloud-native or SaaS-first organizations wanting a fully managed control plane: Rubrik’s SaaS-delivered Security Cloud removes most of the on-prem management burden, which appeals to security teams that would rather not run and patch backup infrastructure themselves.
- Organizations recovering from a Veritas or NetBackup legacy footprint: Cohesity’s post-merger scale and direct migration paths from Veritas workloads make it the natural landing spot for enterprises already deep in that ecosystem.
- Mid-market IT teams with tight budgets: Veeam’s Community Edition and flexible per-workload licensing give smaller teams a real entry point that neither Rubrik nor Cohesity currently matches at the low end.
- Organizations that need to demonstrate storage efficiency to a board or auditor: Cohesity’s storage-reduction claims, if validated in a proof-of-concept against a specific workload, can materially cut the total cost of a multi-petabyte backup estate.
- Publicly traded companies wanting vendor financial transparency for procurement risk assessments: Rubrik is the only one of the three with SEC-mandated quarterly disclosure, which simplifies vendor risk reviews that require audited financials.
- Early adopters preparing for autonomous AI-agent workloads: Cohesity’s Agent Resilience feature, rolled out in September 2026, is the only named product among the three specifically built to back up and recover AI-agent state and configuration data.
Migration Guide: Moving From Legacy Backup to a Cyber-Resilience Platform
Migrating a production backup environment to any of these three platforms is a multi-week project, not a weekend cutover, and skipping steps is exactly how organizations end up with a gap in coverage during the transition window — the worst possible time for a ransomware group to strike.
- Inventory every current backup target, retention policy, and compliance requirement (HIPAA, PCI DSS, SOC 2, GDPR) before touching the new platform, so nothing silently loses its retention window during cutover.
- Run a proof-of-concept against the actual data types in the environment — structured databases, VM images, NAS shares, and SaaS data — rather than trusting a vendor demo environment’s synthetic dataset.
- Validate storage-efficiency and cost claims (deduplication ratios, compression rates) against the organization’s own data, since vendor marketing figures like Cohesity’s 33% storage-reduction claim vary widely by data type.
- Stand up the new platform in parallel with the legacy system rather than replacing it outright, keeping both running through at least one full backup and restore cycle.
- Configure immutability and air-gapping (Cloud Vault, Data Cloud Vault Archive, or FortKnox, depending on platform) before migrating any production workload, not after.
- Test a full-scale restore — not a file-level spot check — of the largest and most critical workload before decommissioning the legacy backup tool.
- Run a tabletop ransomware recovery drill using the new platform, timing the actual recovery against the vendor’s stated RTO claims.
- Migrate lower-priority workloads first, saving Tier-0 production systems for the final cutover once the team has hands-on operational experience with the new platform.
- Decommission legacy backup infrastructure only after a full retention cycle has passed on the new platform, to avoid a compliance gap if an old backup is ever subpoenaed or audited.
- Document the new recovery runbook and distribute it outside the primary environment — a runbook stored only on the system being protected is useless during an actual incident.
Pros and Cons: Rubrik
Pros: Fully SaaS-delivered platform with less on-prem management overhead; append-only immutable architecture by default; fastest ARR growth of the three (33% year over year); public-company financial transparency that simplifies vendor risk reviews; no publicly disclosed 2026 CVEs as of this writing.
Cons: Smallest disclosed customer count among the three at the enterprise tier; premium pricing relative to negotiated Cohesity rates in third-party cost estimates; public-market stock volatility can complicate long-term vendor-lock-in decisions; narrower workload-support breadth than Veeam for legacy physical and Nutanix environments.
Pros and Cons: Veeam
Pros: Broadest workload-support matrix (VMware, Hyper-V, Nutanix AHV, physical, Kubernetes, SaaS); free Community Edition gives smaller teams a real entry point; 10 consecutive years as a Gartner Magic Quadrant Leader; largest self-reported installed base at more than 550,000 organizations; added post-quantum cryptography support in the 13.1 release.
Cons: The only one of the three with publicly disclosed 2026 CVEs, including a critical 9.9-CVSS remote-code-execution flaw on the backup server itself; private ownership means less financial transparency than Rubrik; per-workload (VUL) licensing can get complex to budget at scale.
Pros and Cons: Cohesity
Pros: Largest combined customer base post-Veritas merger at more than 12,000 organizations; claimed storage efficiency advantage over Rubrik; DataHawk adds data-security posture management on top of backup; first mover among the three on AI-agent workload resilience with Agent Resilience; no publicly disclosed 2026 CVEs as of this writing.
Cons: Least financially transparent of the three, with no audited public ARR figure; lowest last-reported valuation relative to Rubrik’s market cap and Veeam’s secondary-sale valuation; still integrating the Veritas acquisition, which can complicate support and roadmap clarity for customers on legacy NetBackup infrastructure; pricing requires a custom quote with no public benchmark.
The Verdict: Which Platform Wins in 2026
There is no single universal winner among Rubrik, Veeam, and Cohesity, and any comparison claiming otherwise is oversimplifying a genuinely close race — all three sit in Gartner’s Leaders quadrant for 2026, and Blocks & Files described Veeam’s placement as leading “by a whisker” rather than by a wide margin. What the data actually supports is a set of conditional recommendations. Choose Veeam if workload breadth and a real free tier matter more than avoiding a public CVE on the backup server, and make patch management for the backup infrastructure itself non-negotiable. Choose Rubrik if a fully managed SaaS control plane, public-company financial transparency, and the fastest ARR growth in the category outweigh a smaller current customer base. Choose Cohesity if a large existing Veritas or NetBackup footprint, claimed storage efficiency, and early AI-agent-workload protection matter more than financial transparency during procurement.
The one number that should influence every one of these decisions regardless of vendor: ransomware downtime alone runs 50 times the ransom demand, and the total incident cost averages $5.08 million. A cyber-resilience platform is not a line item to shop purely on price per terabyte — it is the system that determines whether a ransomware incident costs a company a bad week or a bad year.
Frequently Asked Questions
Is Rubrik, Veeam, or Cohesity better for ransomware recovery?
None of the three publishes an independently audited recovery-time benchmark, so “better” depends on testing each platform against an organization’s actual workloads. All three offer immutable, air-gapped recovery vaults (Cloud Vault, Data Cloud Vault Archive, and FortKnox respectively), and all three sit in Gartner’s 2026 Leaders quadrant for Backup and Data Protection Platforms.
How much does Rubrik cost compared to Veeam and Cohesity?
None of the three vendors publishes a public rate card. Third-party negotiated-cost research estimates Rubrik at roughly $85-$180 per protected terabyte per year and Cohesity at roughly $80-$160 per protected terabyte per year, both after volume discounts. Veeam sells on a per-workload (VUL) licensing model with no comparable public per-terabyte benchmark, though it is the only one of the three offering a free Community Edition for smaller environments.
Is Rubrik a public company?
Yes. Rubrik went public on the New York Stock Exchange on April 25, 2024, under the ticker RBRK, at an IPO price of $32 per share. As of September 22, 2026, shares traded around $111.82, putting its market capitalization near $23.0 billion.
Did Veeam have any security vulnerabilities disclosed in 2026?
Yes. Veeam disclosed CVE-2026-21669, a critical flaw with a CVSS score of 9.9 that could allow an authenticated domain user to achieve remote code execution on the backup server, alongside CVE-2026-21670, a high-severity (CVSS 7.7) flaw allowing extraction of saved SSH credentials. Full details are on Veeam’s own advisory page.
What happened to Cohesity after the Veritas merger?
Cohesity completed its combination with Veritas’s enterprise data-protection business on December 10, 2024. Veritas retained its separate Data Compliance and Backup Exec product lines outside the deal. The combination roughly doubled Cohesity’s scale, pushing its combined customer base above 12,000 organizations.
Which vendor is the largest by revenue: Rubrik, Veeam, or Cohesity?
By disclosed annual recurring revenue, Rubrik leads at $1.66 billion (subscription ARR, as of July 31, 2026), ahead of Veeam’s self-reported figure of more than $1.5 billion. Cohesity’s ARR is not independently audited or publicly disclosed but has been described by the company as exceeding $1 billion. By overall market share, analyst estimates cited by Forbes put Veeam ahead at roughly 17% versus Rubrik’s 10%.
Can I migrate directly from Veritas NetBackup to Cohesity?
Cohesity offers migration paths for organizations on legacy Veritas infrastructure following the December 2024 merger, since Cohesity now owns Veritas’s enterprise data-protection business. Organizations should still run a full parallel migration and restore-test cycle rather than a direct cutover, regardless of which platform they are moving from.
Does any of the three platforms support post-quantum cryptography?
Veeam added post-quantum cryptography support in Veeam Data Platform 13.1, which reached general availability on July 29, 2026. Rubrik and Cohesity had not published equivalent post-quantum cryptography details as of September 24, 2026.
Which platform integrates best with Microsoft Sentinel and CrowdStrike?
Both Rubrik and Veeam publish named integrations with Microsoft Sentinel and CrowdStrike. Rubrik documents Sentinel, CrowdStrike Falcon XDR, CrowdStrike LogScale, and Palo Alto Cortex XSOAR integrations. Veeam documents the Veeam App for Microsoft Sentinel plus CrowdStrike Falcon LogScale and Next-Gen SIEM connectivity, alongside Splunk Cloud and Splunk Enterprise support. Cohesity’s public documentation does not list comparably detailed named integrations with those specific tools as of this article’s research.
Does Cohesity, Rubrik, or Veeam hold FedRAMP authorization?
Cohesity’s trust center confirms FedRAMP Moderate Authorized and GovRAMP Authorized status, alongside SOC 2 Type II and ISO/IEC 27001:2022 certification for its cloud services. Equivalent, specifically confirmed FedRAMP documentation for Rubrik and Veeam was not identified from official sources checked for this article, which does not necessarily mean neither holds any authorization — organizations with federal compliance requirements should confirm current status directly with each vendor before procurement.
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