Radware Expands DDoS Protection for World Leading Telecom
- Expanded relationship with a top global telecom through a multimillion-dollar deal
- Accurate detection and blocking of malicious traffic by Radware's DDoS defense
- Numerous awards received for DDoS mitigation, application and API protection, web application firewall, and bot detection and management solutions
- None.
Insights
The expansion of the relationship between Radware and a top global telecommunications company signifies a substantial commitment to cybersecurity infrastructure. This multimillion-dollar investment in Radware's DefensePro DDoS Protection by a major telecom player underscores the growing necessity for robust cyber defense mechanisms in an industry that is a prime target for DDoS attacks due to its critical infrastructure status. The telecom's choice to enhance its security capabilities with Radware's solutions highlights the increasing sophistication of cyber threats, particularly in the form of high-volume, encrypted, or zero-day attacks, which are becoming more prevalent and can have devastating impacts on service availability and business continuity.
From a cybersecurity perspective, the telecom's proactive approach in scaling up its defenses is a strategic move to maintain customer trust and ensure regulatory compliance. The investment not only aims to safeguard the telecom's expansive network but also to minimize operational disruptions and financial losses associated with cyberattacks. The deployment of advanced behavioral algorithms in DDoS defense is indicative of the shift towards more intelligent and adaptive security measures that can discern between legitimate and malicious traffic, thereby reducing false positives that can lead to unnecessary service interruptions.
The strategic partnership between Radware and the telecom giant is indicative of a larger trend within the telecommunications industry towards investing in advanced cybersecurity solutions. As the demand for uninterrupted connectivity and data services escalates, so does the necessity for telecommunications companies to protect their infrastructure and customer data from increasingly sophisticated cyber threats. This deal could potentially influence other market players to follow suit, thereby boosting the growth prospects for cybersecurity providers like Radware.
The market's response to this announcement may reflect the perceived value of Radware's technology and the importance of cybersecurity measures in protecting critical telecommunications infrastructure. It also highlights the competitive edge that Radware may gain by securing such high-profile contracts, which could lead to an uptick in investor confidence and potentially impact Radware's stock market performance positively. Furthermore, the recognition by industry analysts reinforces Radware's market position and could contribute to shaping investor perceptions and future market trends.
The expansion of the telecom's investment in Radware's DefensePro DDoS Protection is a significant development within the telecommunications sector. The telecom industry is characterized by its reliance on continuous service availability, making it particularly vulnerable to DDoS attacks that can disrupt service and erode customer trust. This investment reflects an understanding that the cost of proactive defense often pales in comparison to the potential losses from sustained outages or compromised data integrity.
By also utilizing Radware's Alteon application delivery controller, the telecom is addressing the dual need for high performance and security in the management of application traffic. This move is consistent with industry trends where telecommunication companies are not only expanding their service offerings but are also focusing on enhancing the quality and security of these services. The deal is a testament to the critical role that cybersecurity plays in the telecommunications industry's operational strategy and could set a precedent for how other companies approach their cybersecurity investments.
Safeguards increased service demand, protects availability, and minimizes false positives
MAHWAH, N.J., Jan. 18, 2024 (GLOBE NEWSWIRE) -- 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 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 the Radware website.
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Media Contact:
Gerri Dyrek
Radware
Gerri.Dyrek@radware.com
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