Rimini Protect Advanced Hypervisor Security
is embedded into the industry-leading Rimini Support™ for VMware
solution that replaces VMware annual maintenance at substantial
savings and extends the supportable lifespan of existing VMware
licenses for many years
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of
end-to-end enterprise software support and innovation solutions,
the leading third-party support provider for Oracle, SAP and VMware
software, today announced the general availability of Rimini
Protect™ Advanced Hypervisor Security (AHS), an exclusive solution
powered by proven Vali Cyber® AI/ML security technology. The Rimini
Protect AHS solution leverages these innovative capabilities that
are already protecting mission-critical hypervisor infrastructure,
including US military VMware deployments.
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Rimini Street Announces Rimini Protect™
Advanced Hypervisor Security for VMware, Nutanix and All Other
Linux-Based Hypervisors, Powered by Vali Cyber®, to Safeguard
Against Ransomware and Other Vulnerabilities (Graphic: Business
Wire)
The Rimini Protect AHS solution combines Vali Cyber technology
with Rimini Street’s professional hardening, installation, and
managed services. This solution creates a secure, locked-down
hypervisor environment, 24/7/365, allowing businesses to manage
hypervisor risk in a manner that was previously unavailable in the
market.
Hypervisor Exploits Can Have Devastating Impacts
Ransomware attacks are at an all-time high as of December of
2024.1 The number of victims has risen by 43% from Q3 to Q4 of 2024
and is up 47% YoY from 2023 to 2024. Ransomware payments have also
shot up from a median of $199 thousand in early 2023 to $1.5
million in June of 2024.2
Exploits against hypervisors can be particularly devastating,
compromising all the virtual machines running on a single
hypervisor. A hypervisor, also known as a virtual machine monitor,
is software that creates, runs, and manages virtual machines. One
hypervisor can manage dozens of virtual machines3, which are
essential for handling critical business workflows and processes.
If an exploit compromises a hypervisor, it could gain access to all
the virtual machines on that host and their data. CrowdStrike
reaffirmed this risk in a recent blog post:
“More and more threat actors are recognizing that the lack of
security tools, lack of adequate network segmentation of ESXi
interfaces, and ITW vulnerabilities for ESXi create a target-rich
environment.”4
Groundbreaking Protection for VMware ESXi and All Linux-Based
Hypervisors
Rimini Protect AHS offers protection for VMware ESXi, Nutanix,
XenServer, Citrix Hypervisor, Proxmox, Red Hat Enterprise
Virtualization (RHEV), and all Linux-based KVM hypervisors. The
Rimini solution protects against security breaches with these key,
unique features:
- AI/ML Technology: Runtime protection solution that uses
AI/ML behavioral-based detection techniques to detect file and
in-memory malware with high efficacy. It automatically remediates
file damage without human intervention, delivering resilience to
the business. Proprietary algorithms are designed to identify and
stop both traditional and in-memory attacks in real-time.
- MFA: Multi-Factor Authentication (MFA) as a solution to
help to protect against potentially stolen credentials in connected
and air-gapped environment to provide alerts and prevent
unauthorized access attempts. Credential theft, often obtained
through unethical methods such as phishing campaigns or poor
credential management, has led to a record increase in security
breaches of hypervisors and underlying systems.
- Process Control: Prevents living off the land attacks as
well as processes from escaping their designated environments, such
as virtual machines or containers used for containerized
applications. This protection keeps exploits from “escaping” into
the underlying hypervisor, thereby safeguarding the entire
filesystem from being encrypted or exported.
Rimini Protect AHS Provides Peace of Mind
Rimini Protect AHS for VMware is supported by Rimini Street’s
renowned Global Security Services team comprised of dozens of
security specialists globally, available 24/7/365.
“With an ever-changing threat landscape and evolving attack
methodologies, we continue to innovate our advanced security
solutions with the latest technologies such as AI/ML behavioral
algorithms to address our clients’ security needs,” said Gabe
Dimeglio, CISO, SVP & GM of Rimini Protect™ and Rimini Watch™
solutions. “Whether to enhance and add to your defense strategy or
to maximize the value of existing systems, Rimini Protect Advanced
Hypervisor Security offers peace of mind from a trusted, proven
partner that has been providing mission-critical security solutions
for complex, large, mission-critical, high-security government and
military organizations across the globe. We take great pride in
protecting the systems and irreplaceable data of our clients that
is always under threat of attack.”
Learn more about how to strengthen your organization’s security
posture through Rimini Protect Advanced Hypervisor Security here
and explore Rimini Street’s industry-leading Support for VMware
here.
1 Reliaquest: Ransomware and Cyber Extortion in Q4 2024 2
Roundup: The top ransomware stories of 2024 3 ESXi Host Maximums 4
Hypervisor Jackpotting, Part 3: Lack of Antivirus Support Opens the
Door to Adversary Attacks
About Rimini Street, Inc.
Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is
a global provider of end-to-end enterprise software support and
innovation solutions and the leading third-party support provider
for Oracle, SAP and VMware software. The Company offers a
comprehensive portfolio of unified solutions to run, manage,
support, customize, configure, connect, protect, monitor, and
optimize enterprise application, database, and technology software.
The Company has signed thousands of contracts with Fortune Global
100, Fortune 500, midmarket, public sector and government
organizations who selected Rimini Street as their trusted, proven
mission-critical enterprise software solutions provider and
achieved better operational outcomes, realized billions of US
dollars in savings and funded AI and other innovation
investments.
To learn more, please visit www.riministreet.com, and connect
with Rimini Street on X, Facebook, Instagram, and LinkedIn.
Forward-Looking Statements
Certain statements included in this communication are not
historical facts but are forward-looking statements for purposes of
the safe harbor provisions under The Private Securities Litigation
Reform Act of 1995. Forward-looking statements generally are
accompanied by words such as “anticipate,” “believe,” “continue,”
“could,” “currently,” “estimate,” “expect,” “future,” “intend,”
“may,” “might,” “outlook,” “plan,” “possible,” “potential,”
“predict,” “project,” “seem,” “seek,” “should,” “will,” “would” or
other similar words, phrases or expressions. These forward-looking
statements include, but are not limited to, statements regarding
our expectations of future events, future opportunities, global
expansion and other growth initiatives and our investments in such
initiatives. These statements are based on various assumptions and
on the current expectations of management and are not predictions
of actual performance, nor are these statements of historical
facts. These statements are subject to a number of risks and
uncertainties regarding Rimini Street’s business, and actual
results may differ materially. These risks and uncertainties
include, but are not limited to, adverse developments in and costs
associated with defending pending litigation or any new litigation,
including the disposition of pending motions to appeal and any new
claims; additional expenses to be incurred in order to comply with
injunctions against certain of our business practices and the
impact on future period revenue and costs; changes in the business
environment in which Rimini Street operates, including the impact
of any macro-economic trends and changes in foreign exchange rates,
as well as general financial, economic, regulatory and political
conditions affecting the industry in which we operate and the
industries in which our clients operate; the evolution of the
enterprise software management and support landscape and our
ability to attract and retain clients and further penetrate our
client base; significant competition in the software support
services industry; customer adoption of our expanded portfolio of
products and services and products and services we expect to
introduce, as well as the anticipated timing of products and
services we expect to introduce in the future; our ability to grow
our revenue, manage our cost of revenue and accurately forecast
revenue; the expected impact of recent and anticipated future
reductions in our workforce and associated reorganization costs;
estimates of our total addressable market and expectations of
client savings relative to use of other providers; variability of
timing in our sales cycle; risks relating to retention rates,
including our ability to accurately predict retention rates; the
loss of one or more members of our management team; our ability to
attract and retain additional qualified personnel, including sales
personnel, and retain key personnel; our business plan, our ability
to grow in the future and our ability to achieve and maintain
profitability; our plans to wind down the offering of services for
Oracle PeopleSoft products; the volatility of our stock price and
related compliance with stock exchange requirements; our need and
ability to raise equity or debt financing on favorable terms and
our ability to generate cash flows from operations to help fund
increased investment in our growth initiatives; risks associated
with global operations; our ability to prevent unauthorized access
to our information technology systems and other cybersecurity
threats, protect the confidential information of our employees and
clients and comply with privacy regulations; our ability to
maintain an effective system of internal control over financial
reporting; our ability to maintain, protect and enhance our brand
and intellectual property; changes in laws and regulations,
including changes in tax laws or unfavorable outcomes of tax
positions we take, a failure by us to establish adequate tax
reserves, or our ability to realize benefits from our net operating
losses; the impact of environmental, social and governance (ESG)
matters; our credit facility’s ongoing debt service obligations and
financial and operational covenants on our business and related
interest rate risk, including uncertainty from the transition to
SOFR or other interest rate benchmarks; the sufficiency of our cash
and cash equivalents to meet our liquidity requirements; the amount
and timing of repurchases, if any, under our stock repurchase
program and our ability to enhance stockholder value through such
program; uncertainty as to the long-term value of Rimini Street’s
equity securities; catastrophic events that disrupt our business or
that of our clients; and those discussed under the heading “Risk
Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on
October 30, 2024, and as updated from time to time by Rimini
Street’s future Annual Reports on Form 10-K, Quarterly Reports on
Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini
Street with the Securities and Exchange Commission. In addition,
forward-looking statements provide Rimini Street’s expectations,
plans or forecasts of future events and views as of the date of
this communication. Rimini Street anticipates that subsequent
events and developments will cause Rimini Street’s assessments to
change. However, while Rimini Street may elect to update these
forward-looking statements at some point in the future, Rimini
Street specifically disclaims any obligation to do so, except as
required by law. These forward-looking statements should not be
relied upon as representing Rimini Street’s assessments as of any
date subsequent to the date of this communication.
© 2025 Rimini Street, Inc. All rights reserved. “Rimini Street”
is a registered trademark of Rimini Street, Inc. in the United
States and other countries, and Rimini Street, the Rimini Street
logo, and combinations thereof, and other marks marked by TM are
trademarks of Rimini Street, Inc. All other trademarks remain the
property of their respective owners, and unless otherwise
specified, Rimini Street claims no affiliation, endorsement, or
association with any such trademark holder or other companies
referenced herein.
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version on businesswire.com: https://www.businesswire.com/news/home/20250122401764/en/
Janet Ravin VP, Global Communications Rimini Street, Inc. +1 702
285-3532 pr@riministreet.com
Rimini Street (NASDAQ:RMNI)
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