Radware® (NASDAQ: RDWR), a leading provider of cyber security and
application delivery solutions, introduced a next-generation cloud
application security center in Tel Aviv, Israel, which is home to
the company’s headquarters. The opening of the security center is
part of the company’s cloud security service growth initiative,
which is focused on innovation and scalability. The company also
has an existing cloud DDoS scrubbing center in Israel.
The addition of the new Israeli center follows the recent
rollout of facilities in Australia, Canada, Chile, Italy, New
Zealand, Taiwan, and the United Arab Emirates. The facilities are
part of Radware’s worldwide cloud security service network, which
includes more than 50 security centers and delivers an attack
mitigation capacity of 12Tbps.
The centers are designed to reduce traffic latency as well as
increase service redundancy and mitigation capacity to help
customers defend against denial-of-service attacks, web application
attacks, malicious bot traffic, and attacks on APIs. They also help
increase resiliency and comply with offshore data routing
requirements.
“Radware’s security centers deliver a global footprint, network
and application security, true multi-tenant service, as well as
high resiliency,” said Zion Zvi, CEO at Trustnet, a leading
integration and consulting company in the field of information and
cyber security. “Radware’s latest cloud expansion offers a great
service to Israeli organizations in need of rapid response times
and scalable protection.”
The Israeli cloud application security center supports Radware’s
360-degree Cloud Application Protection Service, which spans from
the browser side to the server side. The best-of-suite offering
includes the company’s cloud-based web application firewall, bot
manager, API protection, application-layer DDoS protection, and its
recently released client-side protection. To deliver a higher level
of application security with lower false positives, the security is
based on automated, machine-learning based algorithms that learn
legitimate user behavior and then separate malicious and legitimate
traffic. Dozens of Israeli customers rely on Radware’s cloud
security services.
According to Radware’s 2022 Global Threat Analysis Report, the
number of DDoS attacks rose by 150% compared to 2021. Web
application and API attacks increased 128% year over year,
significantly out pacing the 88% increase in attacks between 2020
and 2021.
“Fueled by the increasing frequency and sophistication of
cyberattacks and strong business demand, we continue to expand our
global cloud security footprint across major geographies,” said
Haim Zelikovsky, vice president of cloud security services for
Radware. “The cloud security centers combine state-of-the-art
protection and ultra-high bandwidth performance to defend against
the most harmful network and application attacks.”
Industry analysts such as Forrester Research, Gartner, GigaOm,
KuppingerCole, and Quadrant Knowledge Solutions continue to
recognize Radware as a market leader in cyber security. The company
has received numerous awards for its application and API
protection, web application firewall, bot management, and DDoS
mitigation solutions.
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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©2023 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 we continue to expand our global cloud security footprint
across major geographies, 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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