Radware Wins Two 2022 Cybersecurity Excellence Awards

Recognized for its application and cloud security solutions

MAHWAH, N.J., March 02, 2022 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced that it has been recognized with two 2022 Cybersecurity Excellence Awards. The company’s Application-Protection-as-a-Service solution was a silver winner in the application security category and its Cloud Native Protector was a gold winner in the cloud workload protection category.

The Cybersecurity Excellence Awards honor individuals and companies that demonstrate excellence, innovation, and leadership in information security. The 2022 awards program, which is produced by Cybersecurity Insiders and the Information Security Community on LinkedIn, included more than 900 entries.

“We are honored to be recognized among industry leaders who have built reputations as innovators in cybersecurity,” said Sharon Trachtman, chief business operation officer at Radware. “We are committed to delivering state-of-the-art, frictionless security that defends companies from the most advanced cyber threats without creating roadblocks to innovation or change.”

Radware’s Application-Protection-as-a-Service solution helps companies easily manage and scale their application security as they grow their business, evolve their application architecture, and expand their cloud environments and services. The solution includes the company’s cloud-based web application firewall (WAF), bot management, API security, and DDoS protection.

For cloud workload security, Radware’s Cloud Native Protector offers comprehensive, multi-layered workload protection against cloud-native attack vectors. This includes cloud misconfigurations, excessive permissions, malicious behavior, and more.

The 2022 Cybersecurity Excellence Awards add to Radware’s other industry recognitions. The company was included in Gartner’s 2021 Critical Capabilities for Cloud Web Application and API Protection report, ranking second among 11 vendors for API security and high security use cases. Forrester named Radware a global leader in the “The Forrester Wave™: DDoS Mitigation Solutions, Q1 2021” report. In addition to the industry, customers acknowledge Radware’s technology expertise. Radware was recognized as a Customers’ Choice in the 2021 Gartner Peer Insights “Voice of the Customer:” Web Application Firewall Report.

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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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 solution helps companies easily manage and scale their application security as they grow their business, 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; 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 Contacts:
Gerri Dyrek
Radware
Gerri.Dyrek@radware.com