GARANTI BBVA Relies on Radware for Availability and Attack Mitigation During Major Security Events
May 14 2020 - 6:00AM
Radware® (NASDAQ: RDWR), a leading provider of cyber security and
application delivery solutions, has helped leading Turkish bank
Garanti BBVA maintain availability and security during two major
crises in the past six months - a history-making volumetric attack
followed soon after by the disruption associated with the COVID-19
pandemic.
“The customers of financial services organizations demand
availability and a sense of normalcy even in unpredictable times,”
said Anna Convery-Pelletier, Radware’s Chief Marketing Officer.
“Our twenty-year relationship with this bank is a case study in
Radware’s track-record of continuous innovation to match new
technology demands while also maintaining high levels of
support.”
In October 2019, Radware helped Garanti BBVA maintain service
level availability as massive DDoS attacks disrupted internet
access throughout Turkey. During the campaign, the bank faced a
700-900 Mpps volumetric attack that lasted approximately 36
hours.
More recently, Radware helped the bank maintain compliance with
stringent Turkish security regulations on financial institutions as
it managed a dramatic increase in the number of remote employees in
response to the COVID-19 pandemic. The increase in remote
employees led to a sharp and immediate rise in external traffic to
the bank’s network. To ensure that legitimate users weren’t
blocked, Radware appliances and a team of expert support staff were
able to dynamically adjust traffic thresholds using Radware’s
attack mitigation system to avoid false positives.
“Radware’s attack mitigation allows us to sleep at night,” said
Cihan Subasi, IT Security Operation Unit Manager for Garanti BBVA.
“At the beginning of each attack it saves our critical initial
attack downtime before the cloud services kick in, saving us four
to five minutes of downtime for each attack, and when you multiply
that against an average of 20 events a year, it’s a significant
saving.”
Garanti began using Radware’s Alteon® line of enterprise
application delivery controllers and load balancers nearly two
decades ago. Today, Radware protects Garanti’s on-premise data
centers and its more than 500 mobile and internet hosting sites,
from an array of attack vectors that include DDoS assaults, Layer 7
attacks, HTTP/S-based attacks, and volumetric assaults. The bank’s
application and microsite hosting infrastructure are often struck
by UDP-, NTP amplification-, LDAP injection, and DNS-based attacks
as well.
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.
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DDoSWarriors.com that provides a comprehensive analysis on DDoS
attack tools, trends and 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
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see: https://www.radware.com/LegalNotice/. All other
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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 quote the bank saying that at the beginning of
each attack our attack mitigation system saves the bank’s critical
initial attack downtime, 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
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Media Contacts:Deborah
SzajngartenRadware201-785-3206deborah.szajngarten@radware.com
Investor Relations:Anat
Earon-Heilborn+972 723917548ir@radware.com
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