Citi Veteran Carl Froggett Joins Deep Instinct as Chief Information Officer

New leadership set to guide Deep Instinct into the next phase of company growth

NEW YORK--(BUSINESS WIRE)--Deep Instinct, the first company to apply end-to-end deep learning to cybersecurity, today announced the addition of Carl Froggett to its executive leadership team as Chief Information Officer to support accelerating growth and continued international expansion.

Froggett was formerly Head of Global Infrastructure Defense, CISO Cybersecurity Services at Citi. In his previous role, Carl was responsible for delivering integrated risk reduction capabilities and services aligned to the architectural, business, and CISO priorities across Citi’s devices and networks in 100+ countries. Since 1998, he has held various regional and global roles for Citi, covering all aspects of architecture, engineering, global operations, as well as running critical enterprise cyber services for Citi’s cybersecurity functions.

“Carl has a proven track record in building teams, systems architecture, large scale enterprise software implementation, as well as aligning processes and tools with business requirements and I believe he will play a key role in helping our company grow and scale,” said Guy Caspi, CEO of Deep Instinct. “We are at a critical and exciting point in our company’s evolution with tremendous opportunities ahead as more companies value the benefits of leveraging AI and deep learning to enhance their cybersecurity posture. Carl’s professional experience, including extensive understanding of the enterprise security architecture stack and his background in building security operations and innovating cyber practices will be invaluable to our team.”

In his role as CIO for Deep instinct, Carl will be focused on leading the execution and operational activities for infrastructure expansion and scaling internal systems, security, and processes to keep pace with geographic expansion and strategic customer partnership and alliances across the world.

“I am thrilled to join the Deep Instinct leadership team and help redefine the cybersecurity market with deep learning technology, while also supporting our mission to transform how enterprises defend themselves from cyber-attacks,” said Froggett. “The demand for AI-powered deep learning technology will only continue to increase as the threat landscape evolves. It is exciting to be part of Deep Instinct’s growth and I look forward to contributing.”

The hire of Froggett as Chief Information Officer comes on the heels of a recent review from cybersecurity testing and analysis firm Unit 221B which found that Deep Instinct’s Prevention Platform prevents greater than 99 percent of cyberattacks across several variations of malware. Deep Instinct also announced the hiring of executives Yariv Fishman, Vice President of Product, and Ofir Arkin, Vice President of Research & Development (R&D), this past February.

Froggett holds CISSP and CISM security certifications and a B.S. (Hons) in Computer Science from Loughborough University, UK. To learn more about the leadership team, please visit: https://www.deepinstinct.com/company/leadership-team.

About Deep Instinct
Deep Instinct takes a prevention-first approach to stopping ransomware and other malware using the world’s first and only purpose-built, deep learning cybersecurity framework. We predict and prevent known, unknown, and zero-day threats in <20 milliseconds, 750X faster than the fastest ransomware can encrypt. Deep Instinct has >99% zero-day accuracy and promises a <0.1% false positive rate. The Deep Instinct Prevention Platform is an essential addition to every security stack–providing complete, multi-layered protection against threats across hybrid environments. For more, visit www.deepinstinct.com.