Arbor Networks has appointed Matthew Moynahan as president.
Moynahan, who had been senior vice president of product management and corporate development at Arbor since 2012, replaces Colin Doherty.
Prior to joining Arbor Networks, Matt was president and chief executive officer of Veracode, a leader in application security.
Previously, he served as a vice president at Symantec in several roles, including the consumer products and client and host server security divisions.
Doherty joined Arbor in 2007, first as VP of worldwide sales and then as president for the past four years. Arbor underwent a period of unprecedented growth and expansion under his leadership.
Meanwhile, IT market research agency Infonetics Research said Arbor Networks is the top supplier of distributed denial of service (DDoS) prevention solutions overall as well as in the Carrier, Enterprise and Mobile market segments in a new report titled DDoS Prevention Appliance Market Outlook.
According to Infonetics, the growing volume of highly visible attacks and the increasing sophistication of application-layer attacks are driving demand for both on-premise and cloud-based DDoS managed services.