Radware Named a Gold Winner for Application Security in the 2023 Globee Cybersecurity Awards

Rhea-AI Summary

Radware (NASDAQ: RDWR) has been awarded gold honors for its Radware SecurePath application security architecture at the 19th Annual 2023 Globee Cybersecurity Awards. The award recognizes Radware's innovative solutions in web application security and firewalls, enhancing security for multi- and hybrid-cloud environments. The competitive selection involved over 250 judges from various industry sectors, reinforcing Radware’s position as a leader in cybersecurity. The award adds to Radware's accolades from renowned market analysts such as Forrester and Gartner, highlighting its strong reputation in the cybersecurity market.

Positive

• Awarded gold in the 2023 Globee Cybersecurity Awards for Radware SecurePath.
• Recognition among top cybersecurity solutions boosts company credibility and visibility.
• Radware's SecurePath architecture enhances application security across clouds, attracting potential clients.

Negative

• None.

Receives top honors for Radware SecurePath, its innovative application security architecture

MAHWAH, N.J., March 22, 2023 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced today that it was named a winner in the 19th Annual 2023 Globee® Cybersecurity Awards. The Radware SecurePath™ application security architecture was awarded gold honors in the Web Application Security and Firewalls category.

The Globee Cybersecurity Awards recognize cybersecurity companies and professionals for their innovative approaches and effective solutions in ensuring security in the digital age. More than 250 judges from around the world representing a wide spectrum of industry experts participated in the judging process.

“We are honored to have our application architecture recognized among the leading solutions in the cybersecurity industry,” said Sharon Trachtman, chief marketing officer at Radware. “We are changing the paradigm for how applications are deployed and secured in multi- and hybrid-cloud environments. With Radware SecurePath, organizations can have consistent, high-grade protection without having to make trade-offs around visibility, performance, and operational efficiency.”

Radware’s Cloud Application Protection Services uniquely leverage Radware SecurePath architecture to safeguard today’s multi-cloud application environments, while maintaining consistent, comprehensive protection for applications regardless of where they’re deployed. Radware’s application security architecture can be deployed either as an “inline” or API-based out-of-path SaaS service, enabling coverage of any data center and cloud platform with minimal latency, interruptions, and risks to uptime and availability.

The 2023 Globee Cybersecurity Award adds to Radware’s other industry recognitions. 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. The company has received numerous awards for its application and API protection, web application firewall, bot management, and DDoS mitigation solutions.

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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©2023 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 are changing the paradigm for how applications are deployed and secured in multi- and hybrid-cloud environments, 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; 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 Dyrek
Radware
Gerri.Dyrek@radware.com

FAQ

What did Radware receive an award for?

Radware received a gold award for its Radware SecurePath application security architecture at the 2023 Globee Cybersecurity Awards.

What is Radware's stock symbol?

Radware's stock symbol is RDWR.

Who judged the 2023 Globee Cybersecurity Awards?

The awards were judged by over 250 industry experts from around the world.

When was the Globee Cybersecurity Award announced?

The Globee Cybersecurity Award was announced on March 22, 2023.

How does Radware SecurePath benefit organizations?

Radware SecurePath provides consistent, high-grade protection without compromising visibility, performance, or operational efficiency in multi-cloud environments.