SYS-CON MEDIA Authors: Doug Masi, Mat Mathews, Newswire, David Smith, Tim Crawford

News Feed Item

Damballa Delivers New European Leadership

Damballa, the experts in advanced threat protection and containment, today announced the appointment of Ottavio Camponeschi as Vice President, European Sales.

Camponeschi comes to Damballa following a decade at McAfee, where he led the company’s Southern European operations. Before that, he fulfilled high profile European leadership roles at Ariba and BMC Software. Based in Rome, he will manage all aspects of Damballa’s Continental European operation, and a growing team distributed across the region.

“Damballa is on a steep growth trajectory,” explained David Scholtz, CEO of Damballa. “So far in 2014 we’ve seen record financial performance, new hires, patents and technical developments. Ottavio is key to the next stage of the journey. He will spearhead the uptake of automated, instantaneous approaches to on-network threats in Europe, at exactly the time they’re needed.”

Damballa’s decision to increase the depth and breadth of its European presence is both timely and significant. The average customer network now registers more than 10,000 security events daily; 97 represent an actual threat. Such findings on the scale of the threat, together with more punitive European data protection regulation and anticipated major changes to the continent’s financial technology infrastructure, inform Scholz and Camponeschi’s convictions. They argue that early detection of actual network threats is now an existential issue for any organization with vulnerable digital assets.

“The sooner you identify an active threat with certainty, the sooner it can be terminated, and the less damage is done,” Camponeschi says. “Whilst businesses can no longer afford to leave threats active for days, weeks, or years, neither can they investigate every security event. The threat is vast, but with automation, it is increasingly recognized as tractable. I am excited to be contributing European leadership to the technical solution of a global issue.”

Damballa Failsafe is an automated breach defence system that detects successful infections with certainty, terminates their activity, and rapidly gives responders the ammunition needed to prevent loss. Failsafe delivers actionable information about known and unknown threats regardless of the infection’s source, entry vector or OS of the device. It arms responders with definitive evidence so they can rapidly prevent loss on high-risk devices while blocking activity on the rest.

About Damballa

As the experts in advanced threat protection and containment, Damballa discovers active threats that bypass all security prevention layers. Damballa identifies evidence of malicious network traffic in real time, rapidly pinpointing the compromised devices that represent the highest risk to a business. Our patented solutions leverage Big Data from the industry's broadest data set of consumer and enterprise network traffic, combined with machine learning, to automatically discover and terminate criminal activity, stopping data theft, minimizing business disruption, and reducing the time to response and remediation. Damballa protects any device or OS including PCs, Macs, Unix, iOS, Android, and embedded systems. Damballa protects more than 400 million endpoints globally at enterprises in every major market and for the world's largest ISP and telecommunications providers. For more information, visit, or follow us on Twitter @DamballaInc.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.