{"id":781211,"date":"2023-08-31T06:05:11","date_gmt":"2023-08-31T10:05:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/radware-provides-ddos-protection-for-leading-european-financial-group\/"},"modified":"2023-08-31T06:05:11","modified_gmt":"2023-08-31T10:05:11","slug":"radware-provides-ddos-protection-for-leading-european-financial-group","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/radware-provides-ddos-protection-for-leading-european-financial-group\/","title":{"rendered":"Radware Provides DDoS Protection for Leading European Financial Group"},"content":{"rendered":"

\nDelivers advanced behavioral-based DDoS detection and automatic signature creation
\n<\/h2>\n
\n

MAHWAH, N.J., Aug. 31, 2023 (GLOBE NEWSWIRE) — Radware<\/a>\u00ae<\/sup>, a leading provider of cyber security and application delivery solutions, announced it signed an agreement to provide DDoS protection for one of Europe\u2019s leading financial groups. The financial group turned to Radware as geopolitical tensions and DDoS attacks<\/a> continued to rise and outpace the limitations of the DDoS solution provided by the group\u2019s internet service provider.<\/p>\n

\u201cThe first half of 2023 has seen deliberate efforts by malicious actors to intensify the DDoS assault, driving a surge in attacks that are growing in size and complexity,\u201d said Yoav Gazelle, Radware\u2019s chief business officer. \u201cThe European financial group selected Radware for our deep bench of technical expertise, the superiority of our DDoS protection, and our ability to continuously adapt to the shifting demands of the threat landscape.\u201d<\/p>\n

Radware secured the agreement in partnership with CLICO Solutions. The value-added distributor of cybersecurity, networking, and management solutions is one of the largest value-added distributors in Central and Eastern Europe.<\/p>\n

Today, the European financial group supports hundreds of retail units and a range of banking services, including internet, mobile, and phone banking as well as ecommerce. To increase its DDoS defenses, the group purchased Radware\u2019s hybrid Cloud DDoS Protection Service<\/a> and recently released DefensePro\u00ae<\/sup> X DDoS Protection<\/a>. DefensePro X works with the Radware Cyber Controller<\/a> to provide a single location for traffic visibility, robust analytics, and advanced security operations.<\/p>\n

The combined solution leverages patented behavioral-based detection as well as advanced, automated signature creation and web DDoS attack mitigation to protect organizations against today\u2019s most damaging DDoS threats. This includes Burst, DNS, and Web DDoS Tsunami attacks along with ransom DDoS campaigns, IoT botnets<\/a>, phantom floods, and other types of cyber threats.<\/p>\n

Radware has received numerous awards<\/a> for its DDoS mitigation, application and API protection<\/a>, web application firewall<\/a>, and bot detection<\/a> and management solutions. 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.<\/p>\n

\n About Radware<\/strong>
\n
\n Radware<\/a>
\n \u00ae<\/sup> (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\u2019s 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<\/a> website.<\/p>\n

Radware encourages you to join our community and follow us on: Facebook<\/a>, LinkedIn<\/a>, Radware Blog<\/a>, Twitter<\/a>, YouTube<\/a>, and Radware Mobile for iOS<\/a> and Android<\/a>.<\/p>\n

\u00a92023 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:\u00a0https:\/\/www.radware.com\/LegalNotice\/<\/a>. All other trademarks and names are property of their respective owners.<\/p>\n

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.<\/p>\n

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.<\/p>\n

\n Safe Harbor Statement <\/strong>
\n
\n This press release includes \u201cforward-looking statements\u201d 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\u2019s plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as \u201cbelieves,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cintends,\u201d \u201cestimates,\u201d \u201cplans,\u201d and similar expressions or future or conditional verbs such as \u201cwill,\u201d \u201cshould,\u201d \u201cwould,\u201d \u201cmay,\u201d and \u201ccould.\u201d For example, when we say that we have the ability to continuously adapt to the shifting demands of the threat landscape, 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\u2019s 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\u2019s 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\u2019s 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\u2019s public filings are available from the SEC\u2019s website at www.sec.gov or may be obtained on Radware\u2019s website at <\/em>
\n
\n www.radware.com<\/em>
\n <\/a>
\n .<\/em>\n <\/p>\n

\n Media Contact:
<\/strong>Gerri Dyrek
Radware
Gerri.Dyrek@radware.com<\/a>\u00a0<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Delivers advanced behavioral-based DDoS detection and automatic signature creation MAHWAH, N.J., Aug. 31, 2023 (GLOBE NEWSWIRE) — Radware\u00ae, a leading provider of cyber security and application delivery solutions, announced it signed an agreement to provide DDoS protection for one of Europe\u2019s leading financial groups. The financial group turned to Radware as geopolitical tensions and DDoS attacks continued to rise and outpace the limitations of the DDoS solution provided by the group\u2019s internet service provider. \u201cThe first half of 2023 has seen deliberate efforts by malicious actors to intensify the DDoS assault, driving a surge in attacks that are growing in size and complexity,\u201d said Yoav Gazelle, Radware\u2019s chief business officer. \u201cThe European financial group selected Radware for our deep bench … <\/p>\n

Continue reading “Radware Provides DDoS Protection for Leading European Financial Group”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-781211","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRadware Provides DDoS Protection for Leading European Financial Group - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/radware-provides-ddos-protection-for-leading-european-financial-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Radware Provides DDoS Protection for Leading European Financial Group - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Delivers advanced behavioral-based DDoS detection and automatic signature creation MAHWAH, N.J., Aug. 31, 2023 (GLOBE NEWSWIRE) — Radware\u00ae, a leading provider of cyber security and application delivery solutions, announced it signed an agreement to provide DDoS protection for one of Europe\u2019s leading financial groups. 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