Radware Advances its Cloud Application and Network Security

MAHWAH, N.J., March 20, 2024 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced it expanded its cloud application and network security services to include a new Radware Load Balancer as a Service and enhanced Cloud Network Analytics Service. The services are designed to help organizations optimize application management and performance as well as maximize network monitoring and visibility, even during peacetime.

“Organizations are on the hook to deliver quick response times, 24×7 availability, and security of mission-critical applications. Radware helps meet these challenges,” said Gabi Malka, Radware’s chief operating officer. “With our Load Balancer as a Service, network and security teams can better manage resources, solve traffic management issues, and maintain availability across virtual, cloud, and software-defined data centers. The end result is improved response times, reduced latency, and optimal service levels for applications.”

The new Radware Load Balancer as a Service enables administrators to create a seamless management experience and gain more control over load balancing requirements by consolidating configurations into one central place. The solution, which is integrated into Radware’s Cloud Application Protection Service, is designed to:

• Provide continuous and automatic origin server status health checks, active-active load balancing, user load balancing between origin sites, and URL-based server load balancing for optimized resource access and server performance.
• Deliver a seamless and personalized user experience by enabling users to reach the same server or source for a website or application throughout their session.
• Maintain high application availability and complement Radware’s Cloud Application Protection services to offer improved service level agreements and scalability.

“To deliver a higher degree of performance and availability as well as superior user experience, organizations are also reliant on a higher degree of visibility,” added Malka. “Comprehensive insight into network activity is critical not only before, during, and after an attack, but also during peacetime, which is what Radware’s enhanced Cloud Network Analytics Service offers.”

Radware’s Cloud Network Analytics Service helps administrators eliminate errors when planning network deployments and stay ahead of DDoS threats through the early detection of network abuse during peacetime. The enhanced solution, which is part of the company’s Cloud DDoS Protection Service, provides analytics and visibility across four key areas:

• Network traffic: Quantifies the exact amount of traffic moving across a network to enable more effective network planning and deployment.
• Services in use: Monitors services in use, such as HTTPS, DNS, internet browsing, VoIP, and file downloading, to gauge if they are being used for the right purposes.
• Top sources: Identifies and maps top attack sources as well as top source IPs in peacetime.
• Client-server traffic: Monitors and quantifies the amount of traffic flowing between clients and servers to prevent users from abusing resources and credentials.

Radware has received numerous awards for its security 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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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 the end result is improved response times, reduced latency, and optimal service levels for applications, 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; the effects of the current attacks by the terrorist groups Hamas and Hezbollah, and the war between Israel and Hamas and Israel and Hezbollah; 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