MAHWAH, N.J., Jan. 18, 2023 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a number one supplier of cyber safety and utility supply options, introduced that it expanded its relationship with certainly one of Africa’s main banking teams and prime 10 most precious African manufacturers. As a part of the brand new settlement, the client added Radware’s Cloud Internet Software Firewall (WAF) Service, Bot Supervisor and Emergency Response Workforce Companies to its current Radware options. The client additionally makes use of Radware’s DefensePro® DDoS Safety and hybrid Cloud DDoS Safety Service.
Immediately, the monetary providers establishment supplies banking providers to hundreds of thousands of shoppers. With malicious bot assaults pressuring its infrastructure and disrupting consumer providers, the financial institution turned to Radware to bolster its utility safety. The client needed to extra precisely detect and distinguish between legit prospects, good bots, and dangerous bots in addition to enhance the mitigation of a rising array of automated assaults.
“Functions are the core of a monetary providers enterprise. They’re the first income drivers, progress and retention engines, and major buyer engagement platform,” stated Yoav Gazelle, Radware’s chief enterprise officer. “Radware’s one-stop-shop for cloud safety providers retains banks and their functions protected in opposition to rising risk vectors as their enterprise grows. We have been capable of increase this buyer relationship because of the technical power and ease of use of our merchandise, fast response instances, seamless onboarding, and dashboard visibility.”
Radware’s utility safety continues to earn {industry} recognition. Radware was named a know-how chief in KuppingerCole’s 2022 Management Compass Report for WAFs and Quadrant Data Options’ 2021 SPARK Matrix™: WAF evaluation. Radware’s WAF resolution protects customers from net utility and OWASP top-10 assaults, entry violations, assaults disguised behind CDNs, API manipulations, superior HTTP assaults, brute power assaults, and different threats.
Radware was additionally named the know-how chief in Quadrant Data Options’ 2022 SPARK Matrix: Bot Administration evaluation, marking the third consecutive yr the corporate obtained this recognition. Radware Bot Supervisor combines behavioral modeling for granular intent evaluation, collective bot intelligence, and fingerprinting of browsers, units, and machines to defend net functions, cell apps, and APIs from automated threats and superior human-like bots.
For purchasers going through application- and network-layer DDoS assaults, Radware’s Emergency Response Workforce supplies 24×7 help and mitigation providers. The group of safety specialists bolsters a company’s safety capabilities and sources by leveraging industry-leading expertise, greatest practices, and real-time risk intelligence.
About Radware
Radware® (NASDAQ: RDWR) is a worldwide chief of cyber safety and utility supply options for bodily, cloud, and software program outlined knowledge facilities. Its award-winning options portfolio secures the digital expertise by offering infrastructure, utility, and company IT safety, and availability providers to enterprises globally. Radware’s options empower enterprise and service prospects worldwide to adapt to market challenges shortly, keep enterprise continuity, and obtain most productiveness whereas protecting prices down. For extra info, please go to the Radware web site.
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Protected Harbor Assertion
This press launch contains “forward-looking statements” throughout the which means of the Non-public Securities Litigation Reform Act of 1995. Any statements made herein that aren’t statements of historic truth, together with statements about Radware’s plans, outlook, beliefs, or opinions, are forward-looking statements. Usually, forward-looking statements could also be recognized by phrases reminiscent of “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” and comparable expressions or future or conditional verbs reminiscent of “will,” “ought to,” “would,” “could,” and “might.” For instance, after we say that we’re capable of win prospects because of our technical power and ease of use of our merchandise, fast response instances, seamless onboarding, and dashboard visibility, we’re utilizing a forward-looking assertion. As a result of such statements cope with future occasions, they’re topic to numerous dangers and uncertainties, and precise outcomes, expressed or implied by such forward-looking statements, might differ materially from Radware’s present forecasts and estimates. Elements that might trigger or contribute to such variations embody, however aren’t restricted to: the influence of worldwide financial situations and volatility of the marketplace for our merchandise; pure disasters and public well being crises, such because the coronavirus illness 2019 (COVID-19) pandemic; a scarcity of parts or manufacturing capability might trigger a delay in our potential to satisfy orders or enhance our manufacturing prices; our enterprise could also be affected by sanctions, export controls, and comparable measures, concentrating on Russia and different nations and territories, in addition to different responses to Russia’s navy battle in Ukraine, together with indefinite suspension of operations in Russia and dealings with Russian entities by many multi-national companies throughout quite a lot of industries; our potential to efficiently implement our strategic initiative to speed up our cloud enterprise; our potential to increase our operations successfully; well timed availability and buyer acceptance of our new and current options; dangers and uncertainties referring to acquisitions or different investments; the influence of financial and political uncertainties and weaknesses in numerous areas of the world, together with the graduation or escalation of hostilities or acts of terrorism; intense competitors out there for cyber safety and utility supply options and in our {industry} basically, and modifications within the aggressive panorama; modifications in authorities regulation; outages, interruptions, or delays in internet hosting providers or our inside community system; compliance with open supply and third-party licenses; the chance that our intangible belongings or goodwill could develop into impaired; our dependence on unbiased distributors to promote our merchandise; lengthy gross sales cycles for our options; modifications in international foreign money alternate charges; undetected defects or errors in our merchandise or a failure of our merchandise to guard in opposition to malicious assaults; the supply of parts and manufacturing capability; the flexibility of distributors to supply our {hardware} platforms and parts for our major equipment; our potential to guard our proprietary know-how; mental property infringement claims made by third events; modifications in tax legal guidelines; our potential to appreciate our funding aims for our money and liquid investments; our potential to draw, prepare, and retain extremely certified personnel; and different components and dangers over which we could have little or no management. This checklist is meant to determine solely sure of the principal components that might trigger precise outcomes to vary. For a extra detailed description of the dangers and uncertainties affecting Radware, seek advice from Radware’s Annual Report on Type 20-F, filed with the Securities and Change Fee (SEC), and the opposite threat components mentioned infrequently by Radware in studies filed with, or furnished to, the SEC. Ahead-looking statements communicate solely as of the date on which they’re made and, besides as required by relevant legislation, Radware undertakes no dedication to revise or replace any forward-looking assertion with a view to replicate occasions or circumstances after the date any such assertion is made. Radware’s public filings can be found from the SEC’s web site at www.sec.gov or could also be obtained on Radware’s web site at www.radware.com.
Media Contact:Gerri DyrekRadware
Gerri.Dyrek@radware.com
Supply: Radware Ltd.
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