Radware Introduces API Protection to Detect and Defend Against Sophisticated, Malicious Bots
June 23 2020 - 6:00AM
Radware® (NASDAQ: RDWR), a leading provider of cyber security and
application delivery solutions, has enhanced its application
security solutions to include protection for mission critical APIs
from the growing threat of sophisticated, automated bot attacks.
Radware’s Bot Manager now offers comprehensive protection for the
full-stack of APIs, including IoT, machine-to-machine, web, mobile,
and serverless interfaces.
According to Gartner’s 2019 Magic Quadrant for Web Application
Firewalls, "By 2021, 90% of web-enabled applications will have more
surface area for attack in the form of exposed APIs rather than the
UI, which is a major increase from 40% in 2019." Per
Radware’s research, 81% of organizations have reported attacks
against their APIs and 75% reported suffering bot attacks in 2019.
Additionally, bot attacks on APIs have grown 50% in the first half
of 2020 compared to 2019. APIs are prone to access violations, bots
and abuse, resulting in mass data losses, stolen private
information and service disruption.
“The growing use of APIs across all facets of business also
brings with it a significant increase in the attack surface,” said
Gabi Malka, Chief Operating Officer for Radware. “But the typical
method and tools for detecting attacks aren’t always built to
defend APIs. Radware’s Bot Manager solves a challenging and complex
problem with machine learning algorithms that identify anomalous
behavior mobile and web-based API calls/traffic.”
Radware’s Bot Manager solution leverages deep learning to
provide advanced API protection from automated threats and
helps:
- Protect sensitive data from leaking as a result of bot attacks
such as ATO or web-scraping
- Minimize financial impact of bot attacks on monetization
APIs
- Reduce API consumption and utilization costs
- Visibility into violations and exploitations of bots targeting
APIs with intent-based analytics
For more information about Radware’s Bot Manager solution,
please visit https://www.radware.com/products/bot-manager/
ABOUT RADWARERadware® (NASDAQ: RDWR), is a
global leader of cyber security and application delivery solutions
for physical, cloud, and software defined data centers. Its
award-winning solutions portfolio secures the digital experience by
providing infrastructure, application, and corporate IT protection
and availability services to enterprises globally. Radware’s
solutions empower more than 12,500 enterprise and carrier customers
worldwide to adapt to market challenges quickly, maintain business
continuity and achieve maximum productivity while keeping costs
down. For more information, please visit www.radware.com.Radware
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threats.
©2020 Radware Ltd. All rights reserved. Any Radware products and
solutions mentioned in this press release are protected by
trademarks, patents and pending patent applications of Radware in
the U.S. and other countries. For more details please
see: https://www.radware.com/LegalNotice/. All other
trademarks and names are property of their respective owners.
Safe Harbor Statement
This press release includes “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. Any statements made herein that are not
statements of historical fact, including statements about Radware’s
plans, outlook, beliefs or opinions, are forward-looking
statements. Generally, forward-looking statements may be identified
by words such as “believes,” “expects,” “anticipates,” “intends,”
“estimates,” “plans,” and similar expressions or future or
conditional verbs such as “will,” “should,” “would,” “may” and
“could.” When we say that our Bot Manager solution “helps protect
sensitive data from leaking as a result of bot attacks”, that is a
forward-looking statement. Because such statements deal with future
events, they are subject to various risks and uncertainties, and
actual results, expressed or implied by such forward-looking
statements, could differ materially from Radware’s current
forecasts and estimates. Factors that could cause or contribute to
such differences include, but are not limited to: outages,
interruptions or delays in hosting services or our internal network
system; the risk that our intangible assets or goodwill may become
impaired; undetected defects or errors in our products or a failure
of our products to protect against malicious attacks; the
availability of components and manufacturing capacity; the ability
of vendors to provide our hardware platforms and components for our
main accessories; our ability to protect our proprietary
technology; intellectual property infringement claims made by third
parties; our ability to attract, train and retain highly qualified
personnel; and other factors and risks over which we may have
little or no control. This list is intended to identify only
certain of the principal factors that could cause actual results to
differ. For a more detailed description of the risks and
uncertainties affecting Radware, refer to Radware’s Annual Report
on Form 20-F, filed with the Securities and Exchange Commission
(SEC) and the other risk factors discussed from time to time by
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Forward-looking statements speak only as of the date on which they
are made and, except as required by applicable law, Radware
undertakes no commitment to revise or update any forward-looking
statement in order to reflect events or circumstances after the
date any such statement is made. Radware’s public filings are
available from the SEC’s website at www.sec.gov or may be obtained
on Radware’s website at www.radware.com.
Media Contacts:Deborah
SzajngartenRadware201-785-3206deborah.szajngarten@radware.com
Investor Relations:Anat Earon-Heilborn+972
723917548ir@radware.com
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