Radware®, a leading provider of cyber security and application
delivery solutions, announced it signed a managed security service
provider (MSSP) reseller agreement with Feenix Communications
Limited, a multi-carrier telecommunications company providing
solutions to the service provider industry. Based on the agreement,
Feenix Communications plans to resell Radware’s application and
network security solutions to its network integrator and internet
service provider customers in New Zealand.
The portfolio of solutions includes Radware’s Cloud Application
Protection Services, Cloud DDoS Protection Service, and DefensePro®
DDoS Protection. The industry leading protection can be tailored to
suit on premise, hybrid, and cloud environments.
In addition to becoming a MSSP reseller, Feenix Communications
has been a Radware customer for seven years, using Radware’s
DefensePro DDoS Protection within its network.
“Over the past seven years, we have been amazed and delighted
regarding Radware’s remarkable patented behavioural analysis
algorithms and ability to avoid false positives and false negatives
with automated detection, mitigation, and data scrubbing,”
said Richard Cohen, executive director at Feenix Communications.
“Now, we are looking forward to expanding our relationship with
Radware as a MSSP reseller of its technologies in New Zealand.
With experience operating our own DDoS and web application firewall
infrastructure, we are well positioned to implement Radware’s
security along with our network embedded solutions on a stand-alone
or hybrid basis.”
Radware's network and application security solutions have
received numerous awards. Industry analysts such as Aite-Novarica
Group, Forrester Research, Gartner, GigaOm, KuppingerCole, and
Quadrant Knowledge Solutions continue to recognize Radware as a
market leader in cyber security.
“It’s incredibly rewarding to be able to grow a well-established
customer relationship into a trusted partnership,” said Graeme
Pyper, Radware’s regional director for Australia and New Zealand.
“Working with Feenix Communications, we intend to bring our joint
services to network integrators and internet service providers in
New Zealand, helping them elevate protection levels at a time when
cyber threats are increasing in frequency, complexity, and
severity.”
According to Radware’s First Half 2023 Global Threat Analysis
Report, service providers were among the industries shouldering the
most DDoS attack volumes. Service providers faced half (50%) of the
DDoS attack volume in APAC during the first six months of 2023,
followed by retail (21%) and gaming (9%).
Radware's market leading DDoS protection solution, including its
DefensePro and Cloud DDoS Protection Service, leverages patented
behavioral-based detection as well as advanced, automated signature
creation and web DDoS attack mitigation to protect organizations
against today’s most damaging DDoS threats. This includes Burst,
DNS, and Web DDoS Tsunami attacks along with ransom DDoS campaigns,
IoT botnets, phantom floods, and other types of cyber threats.
Radware's Cloud Application Protection Services provide
comprehensive, agnostic application security through the company’s
web application firewall (WAF), bot detection and management, API
protection, client-side protection, and application-layer DDoS
protection. Combining end-to-end automation, behavioral-based
detection, and 24/7 managed services, the solution is designed to
offer organizations the highest level of application protection
with the lowest level of false positives.
About Feenix Communications Limited Feenix
Communications is a wholesale provider of secure network services
and design/build/operate services as well as a technology
distributor for the New Zealand and Australian ICT sectors. Feenix
has also invested extensively in automating business and
operational support systems.
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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©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 working with Feenix Communications, we intend to bring our
joint services to network integrators and internet service
providers in New Zealand, 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; the effects of the
current attacks by the terrorist groups Hamas and Hezbollah, and
the war between Israel and Hamas and Israel and Hezbollah; 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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