Barracuda Networks, Inc. News

Barracuda Networks, Inc., a trusted partner and major provider of cloud-first security solutions, announced that Neal Bradbury has been elevated to the role of Chief Product Officer. In this new role, Neal will lead a unified product, engineering, and advanced technology team to steer the vision for Barracuda’s comprehensive cybersecurity platform and drive customer-centric innovation across the entire portfolio. The platform is designed to protect customers across all attack surfaces inc...

Barracuda Networks, Inc., a trusted partner and pioneering provider of cloud-first security solutions, 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 $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%...

Barracuda Networks, Inc., a provider of cloud-first security solutions, will announce a new platform called Barracuda SecureEdge, a SASE solution that helps make hybrid and remote work easier to secure. Barracuda SecureEdge integrates Barracuda’s Secure SD-WAN, Firewall-as-a-Service, Zero Trust Network Access, and Secure Web Gateway capabilities.  Single-vendor solution According to Gartner®, “By 2025, 80% of enterprises will have adopted a strategy to unify web, cloud se...

Many people, quite correctly, point to Salesforce.com—which launched in February of 2000—as the first example of cloud computing. In the years following, the term ‘cloud’ became so popular and was applied to so many products and service offerings, that it became almost meaningless. The result was cloud confusion in the business world and in the media. In one stark example from 2008, Oracle CEO Larry Ellison described news stories about cloud as, ‘complete gibberis...

Brivo, Inc., the global pioneer in cloud-based access control and smart building technologies, and Crown PropTech Acquisitions (“Crown”), a publicly-traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement that will result in Brivo becoming a publicly listed company. The transaction values the company at a pro forma enterprise value of $808 million. Upon closing, the combined company will operate as Brivo, and its Class A...

The Student Loans Company (SLC) has spent over 76,800 pounds on cyber security training for its staffers, over the two most recent financial years (FY 19/20, FY 20/21), according to official figures. The data obtained and analysed using the Freedom of Information (FOI) Act by Griffin Law, the niche litigation practice, shows that nearly 20,000 specialist courses were completed in areas, such as phishing, password protection, bribery, corruption, and privacy standards. The data shows that 9,334...

The Open University, which is based in London, has been bombarded by 1,191,312 malicious email attacks over the past nine months, from January 2020 to September 2020. This is according to official data obtained by a Parliament Street think tank via a Freedom of Information act request. Fortunately, all malicious messages, which included spam, malware and phishing attacks, were blocked by the University’s servers. Distance learning courses In its response to Parliament Street researchers,...

A new variant of the InterPlanetary Storm malware has infected roughly 13,500 machines across 84 different countries and counting, says email security firm Barracuda Networks in their September Threat Spotlight research. The malware, named InterPlanetary Storm, was initially uncovered in May 2019 as a malicious attack designed to target Windows machines. This new variant, which Barracuda researchers first detected in late August, is now also targeting IoT devices, such as TVs that run on Androi...

For the second year in a row, Canon made the biggest M&A move in the security marketplace in 2015. How could Canon top the industry shockwaves it created in 2014 when the Japanese giant acquired VMS company Milestone Systems? That’s easy: They bought Axis Communications for $2.8 billion in 2015.   Although the Canon-Axis deal grabbed the most headlines and was easily the most shocking M&A announcement of 2015, it was certainly not the only big news on the mergers...

Throughout 2015 the security industry saw the appearance of numerous mobile credential offerings, signalling the “beginning of the end” of card-based identity, and strengthening of mobile offerings in general. Overall, the security industry enjoyed healthy growth throughout 2015, as reflected in the better-than-index performance of most publicly traded security company stocks.  Cloud companies, in particular, saw the market turning their way, as a number of security vendors ha...