Radware® (NASDAQ: RDWR), a leading provider of cyber security and
application delivery solutions, announced it has expanded its
relationship with one of the top five largest telecommunications
companies in the world ranked by revenue. In a multimillion-dollar
deal, the global telecom increased its investment in Radware’s
DefensePro® DDoS Protection, which automatically detects and
mitigates fast-moving, high-volume, encrypted or zero-day threats.
With hundreds of thousands of employees, the telecom provides
fixed line, mobile and internet services for consumers and
businesses across more than 50 countries. The telecom expanded its
use of Radware’s DefensePro to address a rising demand for services
while protecting service availability and minimizing false
positives. The telecom also uses Radware’s Alteon® application
delivery controller to manage application traffic, optimize
application availability and performance, and keep its applications
and data secure.
“Our strong technical delivery and the close ties we’ve built
over the years have served as the foundation for this expanded
customer relationship,” said Yoav Gazelle, Radware’s chief business
officer. “We understand the careful balance between meeting user
demands for more data and connectivity and providing the advanced
security needed to protect infrastructure from increasing cyber
threats. It’s why the world’s leading telecoms continue to choose
Radware as their security partner.”
Using advanced behavioral algorithms, Radware’s DDoS defense is
designed to accurately detect and block malicious traffic, ensure
uninterrupted availability, and protect networks from today’s most
damaging threats. This includes Burst, DNS, DDoS and encrypted Web
DDoS attacks, as well as ransom DDoS campaigns, IoT botnets,
phantom floods, and other types of cyberattacks.
Radware has received numerous awards for its DDoS mitigation,
application and API protection, web application firewall, and bot
detection 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.
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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for iOS and Android.
©2024 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 understand the careful balance between meeting user demands
for more data and connectivity and providing the advanced security
needed to protect infrastructure from increasing cyber threats, 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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