Home Tag "Barracuda Networks"

Barracuda Appoints New Chief Legal Officer And Chief Human Resources Officer

Deepak
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Barracuda Networks has announced Nell O’Donnell as its new Chief Legal Officer and Kim Mota as its new Chief Human Resources Officer. Both leaders bring extensive years of executive leadership experience to Barracuda, with successful track records of leading companies through business growth and expansion. As Chief Legal Officer, Nell is a seasoned general counsel with a wealth of experience in the areas of cloud technology and data security. Nell comes to Barracuda from her recent role as SVP, Chief […]

Average Annual Cost Of Responding To Compromises Exceeded US$5 Million: Barracuda Networks

Deepak
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Barracuda Networks has published its Cybernomics 101 report, which examines the financial forces and profit motives behind cyberattacks. The new report reveals the average annual cost of responding to compromises exceeded US$5 million. The report also raises the alarm over hackers exploring how they can use generative AI (GenAI) technology to increase the volume, sophistication, and effectiveness of their attacks. 50% of respondents believe AI will enable hackers to launch more attacks. The survey also identified that 71% of respondents […]

Ransomware Attacks Have Doubled Across Key Industries

Deepak
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Barracuda Networks published its fifth annual Threat Spotlight on ransomware. The new report looks at ransomware attack patterns that occurred between August 2022 and July 2023. An in-depth look at ransomware trends Barracuda researchers analysed 175 publicly reported successful ransomware attacks across the world between August 2022 and July 2023, and in the primary categories Barracuda has been tracking — municipalities, healthcare and education — the number of reported attacks have all doubled since last year and more than quadrupled since 2021. […]

Barracuda appoints Joe Billante as Chief Financial Officer

Deepak
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Barracuda Networks has announced Joe Billante as its new Chief Financial Officer. Billante brings more than 20 years of executive leadership and finance experience to Barracuda, and has successfully led companies through business transformations, international expansion, and accelerated growth. “As we continue to evolve our award-winning security solutions and go-to-market ecosystems, we are excited to have Joe on our team, with his deep expertise in business strategy, financial integrity, stakeholder engagement, and operational excellence, said Hatem Naguib, CEO of Barracuda. […]
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