Welcome to our dedicated page for Radware news (Ticker: RDWR), a resource for investors and traders seeking the latest updates and insights on Radware stock.
Radware Ltd. (symbol: RDWR) is a global leader in cyber security and application delivery solutions for virtual, cloud, and software-defined data centers. Headquartered in Mahwah, New Jersey with international offices in Tel Aviv, Radware provides critical infrastructure, application, and network protection services to enterprises worldwide.
Radware’s award-winning solutions include advanced DDoS protection, web application firewalls, and load balancing as a service. These solutions ensure service level assurance for business-critical applications while maximizing IT efficiency. Radware empowers over 10,000 customers globally, including enterprise and carrier customers, enabling them to adapt quickly to market challenges, maintain business continuity, and achieve maximum productivity while minimizing costs.
Recent achievements highlight Radware’s ongoing commitment to innovation and excellence. The company released its 2024 Global Threat Analysis Report, shedding light on emerging threats and the increasing sophistication of cyber-attacks. Furthermore, the introduction of Load Balancer as a Service and enhancements in cloud network analytics streamlines resource management and enhances application availability.
Radware's solutions are recognized for their efficacy and innovation by industry analysts such as Gartner, Forrester Research, and GigaOm. The company’s financial condition remains solid, with a notable 22% year-over-year growth in cloud ARR reported for Q1 2024. Radware continues to form strategic partnerships, such as their collaboration with Lightpath for next-generation DDoS protection services.
Notable products include the AI-powered DefensePro® DDoS Protection, which automatically identifies and blocks harmful traffic, and the Cloud Application Protection Service, offering comprehensive visibility and protection against cyber threats. Radware’s global reach extends across the Americas, Europe, Middle East, Africa, and Asia-Pacific regions, ensuring widespread support and service availability.
For more detailed information and updates, you can visit Radware’s website and follow their official channels on Facebook, LinkedIn, X, and YouTube.
Radware® (NASDAQ: RDWR) has been recognized as the 2021 technology leader in DDoS mitigation by Quadrant Knowledge Solutions. The company achieved the highest rankings in technology excellence and customer impact among 14 vendors evaluated. The SPARK Matrix report analyzes DDoS mitigation market dynamics and competitive positioning, highlighting Radware's innovative solutions like DefensePro® and Cloud DDoS Protection Services, which utilize AI and machine learning for robust threat mitigation. Radware’s recognition underscores its commitment to delivering strong value and security to customers in an increasingly threat-prone landscape.
Radware has launched its Quantiles DoS Protection, a market-first feature within its DefensePro solution designed to detect and block phantom flood attacks in high bandwidth networks. This innovative capability utilizes advanced algorithms to segment incoming traffic, allowing for automated detection of threats that were previously undetectable. The solution promises zero-minute mitigation and reduced operational costs by eliminating the need for manual configuration. This development is crucial as the demand for secure, scalable networks continues to rise amid the expansion of 5G and cloud services.
Radware (NASDAQ: RDWR) will announce its third quarter 2021 financial results on November 3, 2021. A conference call will be held at 8:30 a.m. EDT to discuss the results and provide a fourth-quarter outlook. Interested parties can join the call or listen via webcast on Radware's website. A replay will be available for two days post-call. Radware specializes in cyber security and application delivery solutions, focusing on maintaining business continuity and productivity while controlling costs.
Radware (NASDAQ: RDWR) announces its partnership with a major Asia-Pacific stock exchange to enhance the security and performance of its online trading platform. This move strengthens Radware's position as it now protects five out of the ten largest stock exchanges globally. With trading volumes increasing, the exchange required improved reliability and security, leading it to deploy Radware’s Alteon application delivery controller and Web Application Firewall.
Radware aims to ensure no downtime or delays occur, bolstering their reputation among financial institutions.
Radware (NASDAQ: RDWR) announced an expansion of its security solutions for Liberty Group Limited, enhancing their cyber defenses with additional DefensePro DDoS Protection and 24x7 Emergency Response Team services. This partnership aims to detect and mitigate millions of cyber-attacks monthly, significantly reducing malicious traffic and improving network performance. Liberty's head of cyber security noted a direct correlation between reduced network load and enhanced customer experience. Radware's solutions secure organizations against various cyber threats, demonstrating its commitment to delivering robust digital security.
Radware (NASDAQ: RDWR) has entered into a partnership with Azion, a leading edge computing firm in Brazil, aimed at enhancing cybersecurity for clients in retail, finance, media, and education sectors. This collaboration will make Radware's Bot Manager, which effectively blocks sophisticated bot attacks, available to Azion customers, alongside offering a 30-day free trial. The partnership is part of a strategy to address the escalating threats from malicious bots, with Radware’s solutions promising substantial improvements in traffic security and operational efficiency.
Radware (NASDAQ: RDWR) has been engaged by a major equipment provider facing a sophisticated DNS flood and ransomware attack. The company deployed its Emergency Response Team to mitigate threats, quickly restoring protection for the customer's global data centers. This incident highlights the growing trend of Ransom DDoS attacks, prompting Radware to actively onboard new clients throughout 2021. Furthermore, Radware's Cloud DDoS Protection Services are designed to offer real-time protection against evolving DDoS threats, ensuring business continuity and minimizing reputational damage.
Radware (NASDAQ: RDWR) has secured a multimillion-dollar deal with a Fortune 100 manufacturing company to bolster its hybrid cloud security. The agreement focuses on Radware's cloud application security solutions to protect numerous web applications hosted across Amazon Web Services and Microsoft Azure, ensuring consistent application safety and control. Radware's superior technology and consultative approach were key factors in the selection process. The company is noted for its ability to adapt security strategies across various cloud platforms.
Radware (NASDAQ: RDWR) has expanded its partnership with INAP, to offer advanced cybersecurity solutions including Cloud WAF and DDoS Protection Services globally. This expansion aims to enhance INAP's product line amid increasing cyber threats. Radware's latest Q2 DDoS Attack Report indicates a 40% rise in blocked attack volumes. Industries like technology, healthcare, and finance are among the most targeted. The partnership signifies a robust response to the growing demand for safe cloud environments as businesses accelerate their digital transformations.
Radware reported a significant rise in DDoS attack volumes in Q2 2021, with blocked attacks up over 40% year-over-year. Companies faced an average of nearly 5,000 malicious events monthly, totaling 2.3TB of attack traffic. The technology sector was the most targeted, with healthcare and finance also heavily affected. New trends included a resurgence of DDoS extortion and aggressive burst attacks aimed at finance and technology firms. The Americas and EMEA regions accounted for approximately 80% of the attack volume.
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