Radware® (NASDAQ: RDWR), a leading provider of cyber security and
application delivery solutions, today announced it has expanded its
relationship with a leading, multinational e-commerce company in a
million dollar deal. The company purchased the Radware Bot Manager
and Managed Services to further protect its global e-commerce
network and website traffic from cyber attack. The industry leader
also uses Radware’s DefensePro® and Cloud DDoS Protection Service
to safeguard its online infrastructure.
The e-commerce company turned to Radware when the bot manager
solution from another provider was unable to handle spikes in
fourth generation distributed bots and could not scale to meet the
needs of a large global network. The e-commerce provider’s global
network, website traffic, and bot attacks were extremely complex
and evolving over time.
“Various parts of this e-commerce company’s online transaction
process were being attacked by different methods and outcomes, and
exporting different data sets,” said Gabi Malka, Radware’s chief
operating officer. “The Radware Bot Manager was able to
successfully mitigate the attacks while managing false positives so
that shoppers making online purchases were not blocked or
challenged. We won this deal because our customer was impressed
with the consistent performance of our solution, mitigation
capabilities, and partnership.”
The Radware Bot Manager provides comprehensive protection of web
applications, mobile apps, and APIs from automated threats like
bots. It offers precise bot management across all channels by
combining behavioral modeling for granular intent analysis,
collective bot intelligence, and fingerprinting of browsers,
devices, and machines. To help organizations safeguard and grow
their online operations, Bot Manager protects against account
takeover, API abuse, scalping, skewed analytics, form spam, web
scraping, and carding and digital ad fraud.
Radware’s Managed Services include the support of the company’s
Bot Defense Lab, a team of experienced data analysts. This team is
tasked with real-time threat monitoring, as well as the analysis,
investigation, and response to malicious threats.Radware was
recently named the technology leader in Quadrant Knowledge
Solutions’ 2021 report titled SPARK Matrix: Bot Management. This
marks the second year in a row that Quadrant Knowledge Solutions
ranked Radware the technology leader in its Bot Management
category.
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.
Radware encourages you to join our community and follow us on:
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©2022 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.
Radware believes the information in this document is accurate in
all material respects as of its publication date. However, the
information is provided without any express, statutory, or implied
warranties and is subject to change without notice.
The contents of any website or hyperlinks mentioned in this
press release are for informational purposes and the contents
thereof are not part of this press release.
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; a shortage of components or manufacturing
capacity could cause a delay in our ability to fulfill orders or
increase our manufacturing costs; our business may be affected by
sanctions, export controls, and similar measures, targeting Russia
and other countries and territories, as well as other responses to
Russia’s military conflict in Ukraine, including indefinite
suspension of operations in Russia and dealings with Russian
entities by many multi-national businesses across a variety of
industries; 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 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 Contact:Gerri
DyrekRadwareGerri.Dyrek@radware.com
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