Radware® (NASDAQ:RDWR), a leading provider of cyber security and
application delivery solutions, provides the power behind the cyber
defenses of Russian telecommunications leader Veon during the World
Cup, which began on June 14, 2018. The technical support of the
solution applied is provided by a Russian partner “AKON
Technologies” LLC.
The anti-DDoS protection extends to Veon’s local
consumer brand Beeline, which is one of the three largest mobile
service providers in Russia. Veon began working with Radware in
2013, maintaining regular system updates and upgrades.
The World Cup provides an increased platform for
hacktivists, cyber criminals and nation state hackers to spread a
message, make a profit or create disorder for attention.
Communication networks are at risk as attackers seek to disrupt
news coverage and match broadcasts in the home, online and on
mobile, and interfere with everything from results systems to
online betting sites.
“The World Cup has the potential to be one of
the most vulnerable sporting events in modern history,” said Yoav
Gazelle, Vice President of EMEA and CALA sales for Radware. “The
attacks started one day prior to the start of the tournament. Since
then, we have been facing ongoing attacks from multiple sources and
on various attack vectors. We predict that attacks will eclipse the
numbers we saw at the last World Cup in Brazil, where it was
reported that nearly 90,000 attacks took place over one month.”
“The enormous demand on networks also creates a
challenge of distinguishing between a flash crowd and a DDoS
attack. But Radware’s behavioral algorithms not only make an
accurate distinction between attack and legitimate user traffic but
also instantly detect unknown attacks at a minimal false positive
rate. By using Radware technology, Beeline is prepared to defend
against these attacks and its customers will be provided with high
quality anti-DDoS protection”.
Alexander Golubev of Beeline added,“Recent
attacks have targeted the Winter Olympics and Champions League
final, so taking down a target during the World Cup would be the
cherry on the cake for many hackers. Using Radware technology, we
are already accurately mitigating thousands of attack attempts
every day, with no false positives, so our customers can be safe in
the knowledge that they will be well protected and our service will
continue to be unaffected during the tournament”.
About VEON
VEON, a NASDAQ-listed global provider of
communications services, formerly known as VimpelCom, aspires to
lead the personal internet revolution for the 235 million customers
it serves today, and many others in the years to come.
About AKON Technologies
«AKON Technologies» LLC provides a set of
services for the development and implementation of information
security systems (including systems for the protection of personal
data), enterprise data networks and voice, backbone and access
networks for telecommunications operators. Implementation of these
systems include work on pre-survey (Information Systems Audit),
development and coordination of the Technical Specifications,
design, implementation, and subsequent delivery to the customer
services. The company specializes in the design of complex
integrated solutions for secure IT-infrastructure of an
enterprise.
About Radware
Radware® (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 encourages you to join our community and
follow us on: Radware Blog, LinkedIn, Facebook, Twitter,
SlideShare, YouTube, Radware Connect app for iPhone® and our
security center DDoSWarriors.com that provides a comprehensive
analysis on DDoS attack tools, trends and threats.
©2018 Radware Ltd. All rights reserved. The
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/. FIFA, WORLD CUP 2018,
RUSSIA 2018, 2018 FIFA World Cup and all related logos are
trademarks of FIFA or its affiliates. All other trademarks and
names are property of their respective owners.
Safe Harbor Statement This
press release may contain statements concerning Radware’s future
prospects that are “forward-looking statements” under the Private
Securities Litigation Reform Act of 1995. Statements preceded by,
followed by, or that otherwise include the words "believes",
"expects", "anticipates", "intends", "estimates", "plans", and
similar expressions or future or conditional verbs such as "will",
"should", "would", "may" and "could" are generally forward-looking
in nature and not historical facts. For example, when we say that:
“We predict that attacks will eclipse the numbers we saw at the
last World Cup in Brazil”, this 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: the impact of global economic conditions and volatility
of the market for our products; changes in the competitive
landscape; inability to realize our investment objectives; timely
availability and customer acceptance of our new and existing
products; risks and uncertainties relating to acquisitions; the
impact of economic and political uncertainties and weaknesses in
various regions of the world, including the commencement or
escalation of hostilities or acts of terrorism; Competition in the
market for Application Delivery and Network Security solutions and
our industry in general is intense; and other factors and risks on
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, reference is made to
Radware’s Annual Report on Form 20-F, which is on file with the
Securities and Exchange Commission (SEC) and the other risk factors
discussed from time to time by Radware in reports filed with, or
furnished to, the SEC. 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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