Radware Expands Attack Mitigation Solutions for Financial Services Technology Firm in Multi-Million Dollar Deal
09 August 2018 - 8:00PM
Radware® (NASDAQ: RDWR), a leading provider of cyber security and
application delivery solutions, will expand its relationship with a
leading provider of solutions and services for the financial
services industry to provide a comprehensive attack mitigation
solution based on Radware hybrid DDoS attack mitigation, which
includes on-premises protection, cloud protection services, and
product subscriptions as part of a three year, multi-million dollar
transaction.
This financial services technology company’s customers rely on
the constant availability of its service to automate and process
important financial transactions. The company is rebuilding its
datacenter architecture and upgrading its network to accommodate
increased bandwidth. It has selected Radware to ensure uptime and
provide more extensive network security.
This customer chose Radware’s hybrid DDOS attack mitigation
solution to protect its organization. It adopted Radware’s cloud
DDOS scrubbing services, upgraded existing Radware appliances, and
added new appliances across additional data centers. The customer
has also added a suite of new subscription services, including
Radware’s recently launched ERT Active Attackers Feed to guard its
infrastructure and ensure network availability
“This financial services technology solutions is serving
thousands of financial services firms, handles massive amounts of
transactions,” said Roy Zisapel, President and CEO of Radware.
“Based on strong positive experiences with our solutions that
were deployed in several of its data centers, this customer
expanded its Radware footprint to include both on-premises
protection and cloud scrubbing services.”
Radware’s family of attack mitigation solutions provides
integrated application and network security for a best of breed,
multi-layered security architecture and DDoS attack protection. The
solutions provide the highest protection accuracy with patented,
behavioral-based detection and real-time signature creation for
zero-day attack mitigation. Radware's hybrid DDoS solution
integrates always-on detection and mitigation (on-premises or in
the cloud) with cloud-based volumetric DDoS attack prevention,
scrubbing, and 24x7 Emergency Response Team (ERT) support.
Radware’s Defense SSL protection supports all types of encrypted
attacks, including TCP SYN Floods, SSL Negotiation Floods, HTTPS
Floods, and Encrypted Web Attacks.
About Radware
Radware® (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 more than 12,500 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 www.radware.com.
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solutions mentioned in this press release are protected by
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Safe Harbor Statement This
press release may contain statements concerning Radware’s future
prospects that are “forward-looking statements” under the Private
Securities Litigation Reform Act of 1995. Statements preceded by,
followed by, or that otherwise include the words "believes",
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similar expressions or future or conditional verbs such as "will",
"should", "would", "may" and "could" are generally forward-looking
in nature and not historical facts. For example, when we say that
this customer will continue to rely on Radware’s DDoS mitigation
solutions to guard its infrastructure and ensure network
availability this is a forward looking statement. Because such
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Media Contacts:Deborah
SzajngartenRadware201-785-3206deborah.szajngarten@radware.com
Investor Relations:Anat
Earon-Heilborn+972 723917548ir@radware.com
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