Radware® (NASDAQ: RDWR), a leading provider of cyber security and
application delivery solutions, today announced that it signed a
deal with a large multinational pharmaceutical company. To increase
the cyber defenses around its global hybrid environment, the
customer purchased Radware’s end-to-end network and application
security as well as application delivery solutions.
Today, the pharmaceutical company delivers medicine across more
than 100 countries. The customer selected Radware for its ability
to deploy a complete suite of cyber security services, using a
single management dashboard. The stack of services includes
Radware’s Cloud Web Application Firewall (WAF) Service, Cloud DDoS
Protection Service, DefensePro® DDoS Protection, and Alteon®
application delivery and security solution.
“Companies continue to be called on to ramp up security defenses
in the face of rising cyberattacks and at the same time lower costs
and eliminate platform complexities with fewer technical resources.
It’s the reality of today’s macro-economic environment and threat
landscape,” said Yoav Gazelle, Radware’s chief business officer.
“Radware’s end-to-end application and network security solution
addresses this challenge head on. Our one-stop shop simplifies
integration, automates comprehensive protection against the most
damaging cyberattacks, and optimizes ROI.”For network security,
Radware’s Cloud DDoS Protection Service and DefensePro DDoS
Protection speed time to detection and protection from today's
dynamic DDoS threats. The solutions automatically defend against
Burst, DNS, and TLS/SSL attacks as well as ransom DDoS campaigns,
IoT botnets, phantom floods, and other types of cyber threats.
To secure web applications, Radware’s Cloud WAF Service provides
full coverage of OWASP Top-10 threats and automatically adapts to
evolving threats and protected assets. Radware’s Alteon manages
application traffic across cloud and data center locations,
optimizing availability and performance.
Radware’s network and application security solutions continue to
earn industry recognition. Radware was named the market leader in
Quadrant Knowledge Solutions’ 2022 SPARK Matrix for DDoS Mitigation
for the second consecutive year and a global leader in The
Forrester Wave™: DDoS Mitigation Solutions, Q1 2021.
In addition, Radware was recognized as a technology leader in
KuppingerCole’s 2022 Leadership Compass Report for WAFs and
Quadrant Knowledge Solutions’ 2021 SPARK Matrix for the global WAF
market.
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 our one-stop shop simplifies integration, automates
comprehensive protection against the most damaging cyberattacks,
and optimizes ROI, 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
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