RDWR RADWARE Ltd

Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced that SAS, Scandinavia’s leading airline, is using Radware’s Bot Manager with associated managed services to protect its booking site, flysas.com, from account takeover attacks.

The airline industry relies heavily on online purchases. As a result, it is heavily targeted by cyber attackers who deploy bots to perform attacks, such as credential cracking and credential stuffing, to take over accounts.

When SAS suspected bots were responsible for attacks on its booking site, it contacted Radware for help. The Radware Bot Manager’s intent-based deep behavioral analysis successfully identified and mitigated the distributed bad bot traffic, while ensuring that legitimate user traffic was not affected.

“Bots are a real danger for airlines. The threats they pose jeopardize user privacy, which is unacceptable,” said Thomas Widen, CISO at SAS. “The Radware Bot Manager helps us safeguard the customer experience with minimally invasive solutions. With it, we are able to mitigate distributed attacks without impacting legitimate traffic or disrupting our operations.”

“From denial of inventory to account takeover attacks, bad bots can wreak havoc on an airline’s bottom line,” said Pavan Thatha, head of bot management solutions for Radware. “Security and availability are paramount for travel booking sites. Without proper bot detection and mitigation, data breaches and revenue loss can occur – a dangerous combination.”

The Radware Bot Manager provides comprehensive protection of web applications, mobile apps, and APIs from automated threats like bots. Bot Manager provides precise bot management across all channels by combining behavioral modeling for granular intent analysis, collective bot intelligence, and fingerprinting of browsers, devices, and machines. It protects against all forms of account takeover, denial of inventory, DDoS, ad and payment fraud, and web scraping to help organizations safeguard and grow their online operations.

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 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 the Radware website.

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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.” For example, when we say that Radware’s Bot Manager helps organizations safeguard and grow their online operations, we are using 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; natural disasters and public health crises, such as the coronavirus disease 2019 (COVID-19) pandemic; our ability to successfully implement our strategic initiative to accelerate our cloud business; our ability to expand our operations effectively; timely availability and customer acceptance of our new and existing solutions; risks and uncertainties relating to acquisitions or other investments; 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; intense competition in the market for cyber security and application delivery solutions and in our industry in general, and changes in the competitive landscape; changes in government regulation; outages, interruptions, or delays in hosting services or our internal network system; compliance with open source and third-party licenses; the risk that our intangible assets or goodwill may become impaired; our dependence on independent distributors to sell our products; long sales cycles for our solutions; changes in foreign currency exchange rates; 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; changes in tax laws; our ability to realize our investment objectives for our cash and liquid investments; 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 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:Gerri DyrekRadwareGerri.Dyrek@radware.com