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Datto said 59% of MSPs reported increased ransomware attacks due to a pandemic-fueled remote workforce.
The cost of ransomware-induced downtime to small- and medium-sized businesses is 23 times greater than the average ransom request of $5,900, according to the Norwalk firm's report, which surveyed more than 1,400 managed service providers (MSPs),
CEO Tim Weller said the new executives will "help shape and deliver on Datto's vision."
Austin McChord’s departure comes two weeks after his brother Ian resigned from the company, and almost exactly one year since the firm was acquired for $1.5 billion by Vista Private Equity.
Datto CEO Austin McChord will continue as the chief executive of the merged entity, which will have 1,300 employees and offices in nine countries.
The deal is designed to expand Datto’s ability to provide data-protection solutions to managed service providers worldwide.
Austin McChord, CEO of Norwalk-based data backup company Datto, will speak at a Startup Grind Greenwich event Tuesday.
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