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Guangqi Honda Chooses Radware for Cloud Native Protector Service

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Radware (NASDAQ: RDWR) announced that Guangqi Honda has selected its Cloud Native Protector service for enhanced cloud security. Guangqi Honda, producing around 800,000 vehicles annually, faced critical security issues in their AWS environment, prompting them to seek a robust security solution. Radware’s service provides real-time attack detection and automated breach monitoring, addressing problems like excessive permissions and misconfigurations. This partnership aims to bolster cloud security and improve operational efficiency, enabling the teams to focus on strategic priorities.

Positive
  • Guangqi Honda chose Radware's Cloud Native Protector for enhanced cloud security.
  • Radware’s solution automates breach detection, reducing alert fatigue for operations and security teams.
  • The service detects attacks in real-time and provides coherent attack summaries, improving security response times.
  • Radware's service aligns account management across teams, requiring fewer resources and enhancing operational efficiency.
Negative
  • None.

MAHWAH, N.J., April 20, 2021 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced today that Guangqi Honda, a renowned automobile enterprise, has chosen Radware’s Cloud Native Protector service to provide strong cloud security support for its network construction and business development.

Guangqi Honda has multiple factories and development & sales companies, and branded vehicle lines. Guangqi Honda produces an average of 800,000 vehicles a year. In 2019, Guangqi Honda deployed a big data analysis system in AWS; however, with the increase of AWS usage, Guangqi Honda was confronted with prominent cloud security problems, such as permissive access to cloud assets and services, compliance breaches and misconfigurations.

Guangqi Honda evaluated several AWS cloud native asset management solutions and comprehensively contrasted cloud security items, and ultimately selected Radware’s Cloud Native Protector service. Without any proxy plug-in, this pure AWS cloud native solution can quickly conduct situation analyses based on acquired cloud native logs and recognize excessive permissions of cloud asset through a read-only access to Guangqi Honda’s cloud environment. Additionally, Radware’s Cloud Native Protector service can detect attacks in real-time and provide the full attack storyline by assembling together individual attack steps into one coherent attack kill chain.

“The customer’s DMP system relies heavily on the object storage services in S3, so they are extremely cautious about the operations in S3,” said Raffi Kesten, Chief Business Officer for Radware. “Radware Cloud Native Protector service provides advanced threat detection capabilities designed to detect data stealing from S3 buckets to help security teams better protect object storage resources.”

“Radware Cloud Native Protector service provides us with several security and business benefits,” said Zeng Jian, Guangqi Honda’s Cloud Security Director. “First, operations and security teams have an automated breach detection tool that continuously monitors their cloud accounts for malicious activity while avoiding alert fatigue, and helps us comply with current grade protection. In addition, the solution automates monitoring account updates and configuration changes for misconfigurations and excessive permissions. This aligns account management across teams, requiring fewer resources, so security and DevOps teams can focus on other priorities.”

Radware’s Cloud Native Protector service provides protection for public cloud hosted applications, internal public cloud workload and cloud data security (workload protection), protecting cloud assets against data breach, service disruption and resource exploitation.

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 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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©2021 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.

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 our Cloud Native Protector service is “an automated breach detection tool that continuously monitors cloud accounts for malicious activity”, that is 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; our ability to expand our operations effectively; timely availability and customer acceptance of our new and existing solutions; 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; our dependence on independent distributors to sell our products; 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 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 Contacts:
Maureen Shaw
Maureen.shaw@radware.com

Investor Relations:
Yisca Erez
ir@radware.com


FAQ

What is Radware's Cloud Native Protector service?

Radware's Cloud Native Protector service is a cloud security solution designed to detect and mitigate security threats in real-time, particularly for AWS environments.

Why did Guangqi Honda choose Radware's services?

Guangqi Honda selected Radware to address significant cloud security challenges, including compliance breaches and excessive permissions in their AWS environment.

What benefits does Radware's service offer to Guangqi Honda?

The service offers automated breach detection, real-time attack monitoring, and improved resource efficiency for security and operational teams.

How does Radware's service help with AWS cloud security?

Radware's service automates the detection of misconfigurations and excessive permissions, enhancing overall cloud asset security for AWS users.

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