Radware® (NASDAQ: RDWR), a leading provider of cyber security and
application delivery solutions, announced the launch of a new cloud
security center in Taiwan. The facility will enable customers in
Taiwan to secure their datacenters, networks, web and mobile
applications, and their APIs with minimal latency, as well as
mitigate compliance processes involved in offshore routing.
The new security center will protect customers against
denial-of-service attacks, web application attacks, malicious bot
traffic, and attacks on APIs. This includes the OWASP Top 10 Web
Application Security Risks for 2021, OWASP Top 21 Automated Threats
to Web Applications, OWASP API Security Top 10, as well as
volumetric distributed denial-of-service (DDoS) and
application-level DDoS attacks.
According to Radware’s First Half 2022 Global Threat Analysis
Report, during the first six months of 2022:
- The number of malicious DDoS attacks
climbed 203% compared to the first six months of 2021.
- The average number of DDoS events
per month, per customer was almost 1.5 times higher in the first
half of 2022, compared to 2021 and 2020.
- The number of malicious web
application transactions grew by 38%, compared to the first six
months of 2021, surpassing the total number of malicious
transactions recorded in 2020.
“As the size and speed of cyberattacks continue to rise, the
launch of the new cloud security center in Taiwan enables us to
deliver faster mitigation response times in the region along with
the highest levels of security protection,” said Haim Zelikovsky,
vice president of Radware’s cloud security services business. “The
center also meets a growing demand for local security that complies
with data sovereignty requirements.”
The new security center in Taiwan is the latest addition to
Radware’s cloud security network. Today, the network includes over
10Tbps of mitigation capacity across more than 50 security centers
located around the globe.
“Radware continues to make investments in protecting businesses
and governments alike from the growing threat of cyberattacks,”
said Alan Lee, regional director for Radware in Taiwan and Hong
Kong. "Taiwan is located within an influential hub in the
Asia-Pacific region. Information security is regarded as a national
security issue. Setting up a cloud security center in Taiwan will
help improve information security standards and increase regional
cyber defenses.”
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:
Facebook, LinkedIn, Radware Blog, Twitter, YouTube, and Radware
Mobile for iOS and Android.
©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 setting up a cloud security center in Taiwan will help improve
information security standards and increase regional cyber
defenses, 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 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 Contact:Gerri
DyrekRadwareGerri.Dyrek@radware.com
RADWARE (NASDAQ:RDWR)
Historical Stock Chart
From Jun 2024 to Jul 2024
RADWARE (NASDAQ:RDWR)
Historical Stock Chart
From Jul 2023 to Jul 2024