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Barracuda Study Reveals Office 365 Active Usage Surging, Ransomware Remains Top of Mind for Customers

Survey Indicates Robust Office 365 Growth, Validates Multi-layered Security Approach for Customers Who Require Additional Protection

CAMPBELL, Calif., Oct. 12, 2017 /PRNewswire/ -- Barracuda Networks, Inc. (NYSE: CUDA), a leading provider of cloud-enabled security and data protection solutions, today released findings from a recent global study, "Office 365 Adoption Survey: Drivers, Risks, and Opportunities." Over 1,100 organizations ranging from single-person businesses to companies with more than 10,000 employees participated in the survey from various regions around the globe including North America, Europe, the Middle East, and Africa. The survey aimed to measure trends around the adoption and use of Microsoft Office 365, including contributing factors for decisions about migration versus remaining with an existing platform. Additional information was gathered about customer use of third-party security and data protection solutions with Office 365, and their engagement with VARs and MSPs.

Barracuda Logo. (PRNewsFoto/Barracuda Networks, Inc.)

Highlights:

Adoption rates have increased significantly in one year
63 percent of respondents are currently using Office 365, while 49 percent of the remaining respondents are planning to move as well. In a similar Barracuda study from 2016, only 42 percent of respondents were using Office 365, equaling over a 20 percent increase in adoption in just over a year.  

Concerns over advanced email threats cited for not migrating to Office 365
Of those respondents who haven't migrated, nearly 44 percent cited security concerns when deciding against migrating to Office 365. Nearly 70 percent of active users reported significant concerns about advanced threats, and of those planning to migrate, 76 percent expressed the same concerns.  

Fear about phishing, spear phishing, or social engineering, but little prevention
Despite an overwhelming 89 percent of respondents expressing concerns over phishing, spear phishing, and social engineering, less than 36 percent of respondents said that they use a third-party solution to help mitigate these threats. 46 percent of respondents reported that they have already been targeted by such attacks.

Ransomware is a top concern
More than 92 percent of respondents are worried about ransomware, and more than 47 percent reported that they have been a victim of a ransomware attack. Of those victimized, 76 percent identified email as the affected threat vector.  

Layered security is the chosen implementation path for the majority of customers
57 percent of respondents stated that they were augmenting Office 365 deployments with a layered-security approach, as well as additional archiving, or backup solutions. Of those intending to migrate, 72 percent said that they plan to take the layered approach as well.

"These findings indicate the growing security awareness we're seeing from customers, and the necessity to take a layered approach moving forward," said Sanjay Ramnath, vice president of security products and business strategy, Barracuda. "Barracuda customers and channel partners deploying Barracuda Sentinel and Barracuda Essentials for Office 365 are able to move core business processes to the cloud, and at the same time feel confident that they're protected against ransomware, spear phishing, and other advanced threats."  

Barracuda Essentials for Office 365 is a multi-layer, cloud-based email security, backup, and archiving solution that helps to protect organizations against advanced email-based attacks and data loss, while minimizing business disruptions.

Barracuda Sentinel combines three powerful layers including artificial intelligence technology, domain fraud visibility using DMARC authentication, and anti-fraud training, into a solution that guards against today's personalized attacks. The solution integrates directly with the Office 365 API for easier deployment without hardware or software to maintain.  

For access to the full study please follow the blog link below.

Resources

Barracuda Blog – Office 365 Active Usage Soars — Some Still Unclear On Security: http://cuda.co/19897 
Barracuda Essentials for Office 365 – cuda.co/essentials 
Barracuda Sentinel – cuda.co/sentinel

About Barracuda Networks, Inc. (NYSE: CUDA)
Barracuda (NYSE: CUDA) simplifies IT with cloud-enabled solutions that empower customers to protect their networks, applications and data, regardless of where they reside. These powerful, easy-to-use and affordable solutions are trusted by more than 150,000 organizations worldwide and are delivered in appliance, virtual appliance, cloud and hybrid deployment configurations. Barracuda's customer-centric business model focuses on delivering high-value, subscription-based IT solutions that provide end-to-end network and data protection. For additional information, please visit barracuda.com.

Barracuda Networks, Barracuda, and the Barracuda Networks logo are registered trademarks of Barracuda Networks, Inc. in the US and other countries.  

Forward-Looking Statements 
This press release contains forward-looking statements, including statements regarding the potential benefits, performance, and functionality of Barracuda Essentials and Barracuda Sentinel and their operation with Microsoft Office 365. You should not place undue reliance on these forward-looking statements because they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control and that could cause the Company's results to differ materially from those expressed or implied by such forward-looking statements. Factors that could materially affect the Company's business and financial results include, but are not limited to customer response to the Company's products, as well as those factors set forth in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any intent or obligation to update the forward-looking information to reflect events that occur or circumstances that exist after the date of this press release.

Contacts
Jesse Kimbrel
Barracuda Networks, Inc.
408-342-5683
[email protected] 

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SOURCE Barracuda Networks, Inc.

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