Radware Receives Multi-Million Expansion Order From Top U.S. Financial Services Customer
January 10 2018 - 6:00AM
Radware® (NASDAQ:RDWR), a leading provider of cyber security and
application delivery solutions, announced that a major U.S.
financial services company signed a $4 million deal for Radware’s
Attack Mitigation Solution (AMS). It includes hardware designed for
infrastructure protection in addition to support services and
signature update subscriptions.
An existing Radware customer, this company chose to remain with
Radware as part of an ongoing effort to stay ahead of today’s
complex cyber-threats. This hardware upgrade increases their
overall traffic capacity and allows them to streamline their SSL
protection in a one-box solution. The company will use Radware’s
AMS to protect seven data centers across the Americas and assure
availability for the company’s millions of account holders.
“This financial services provider extended its relationship with
Radware because of our instantaneous attack detection capabilities
and the granular level of protection we offer against “low and
slow” attacks, like encrypted SSL attacks,” said Roy Zisapel,
Radware Chief Executive Officer. “For us, this deal validates the
value of our solutions and services. They’ve seen us in action, and
when it came time to choose the next generation of hardware, they
came back to us.”
Radware’s family of DDoS security solutions provides integrated
application and network security for a best of breed, multi-layered
security architecture and DDoS attack prevention. The solution
provides the highest protection accuracy with patent-protected
behavioral based detection to protect legitimate traffic and
real-time signature creation for zero-day attack protection.
Radware's hybrid DDoS protection integrates always-on detection and
mitigation (on-premises or in the cloud) with cloud-based
volumetric DDoS attack prevention, scrubbing, and 24x7 Emergency
Response Team (ERT) support. Radware’s Defense SSL protection
supports all types of encrypted attacks, inkling TCP SYN Floods,
SSL Negotiation Floods, HTTPS Floods, and Encrypted Web
Attacks.
About Radware
Radware® (NASDAQ:RDWR), is a global leader of application
delivery and cyber security solutions for virtual, cloud and
software defined data centers. Its award-winning solutions
portfolio delivers service level assurance for business-critical
applications, while maximizing IT efficiency. 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. Radware
Cloud Security Services provide cloud-based infrastructure
protection, application protection and corporate IT protection
services to enterprise globally. For more information, please visit
www.radware.com.
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DDoSWarriors.com that provides a comprehensive analysis on
DDoS attack tools, trends and threats.
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Radware product and service names are registered trademarks or
trademarks of Radware in the U.S. and other countries. All other
trademarks and names are property of their respective owners. The
Radware products and solutions mentioned in this press release are
protected by trademarks, patents and pending patent applications.
For more details please see:
https://www.radware.com/LegalNotice/
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, we cannot
guarantee such transactions in the future. 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
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acts of terrorism; Competition in the market for Application
Delivery and Network Security solutions and our industry in general
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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, as amended, 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
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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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