Radware Expands Relationship with Leading Multinational E-Commerce Company in Million Dollar Deal

Radware Ltd.

Mitigate complex bot attack spikes without disrupting online shopping

MAHWAH, NJ, May 26, 2022 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a leading provider of cybersecurity and application delivery solutions, today announced that it has expanded its relationship with a leading multinational e-commerce company in an agreement to ‘one million dollars. The company purchased Radware Bot Manager and Managed Services to better protect its global e-commerce network and website traffic from cyberattacks. Industry Leader Also Uses Radware’s DefensePro® and Cloud DDoS Protection Service to protect its online infrastructure.

E-commerce company turned to Radware when another vendor’s bot management solution couldn’t handle spikes in fourth-generation distributed bots and couldn’t scale to meet needs of a large global network. The e-commerce provider’s global network, website traffic, and bot attacks were extremely complex and changing over time.

“Various parts of this e-commerce company’s online transaction process were being attacked by different methods and results, and exporting different sets of data,” said Gabi Malka, chief operating officer of Radware. “The Radware Bot Manager was successful in mitigating attacks while managing false positives so buyers making online purchases were not blocked or challenged. We won this deal because our client was impressed with our solution’s consistent performance, mitigation capabilities, and partnership. »

Radware Bot Manager offers comprehensive protection of web applications, mobile applications and APIs against automated threats such as bots. It offers precise bot management across all channels by combining behavioral modeling for granular intent analysis, collective bot intelligence, and fingerprinting of browsers, devices, and machines. To help organizations protect and grow their online operations, Bot Manager protects against Account Takeover, API Abuse, Scalping, Analytics Bias, Form Spam, Web Scraping, Carding and digital ad fraud.

Radware’s managed services include support from the company’s Bot Defense Lab, a team of experienced data analysts. This team is responsible for real-time threat monitoring, as well as analysis, investigation and response to malicious threats.

Radware was recently named a technology leader in Quadrant Knowledge Solutions’ 2021 report, SPARK Matrix: Bot Management. This is the second year in a row that Quadrant Knowledge Solutions has ranked Radware as a technology leader in its Bot Management category.

About Radware
Radware® (NASDAQ: RDWR) is a global leader in cybersecurity and application delivery solutions for physical, cloud and software-defined data centers. Its award-winning portfolio of solutions secures the digital experience by providing enterprise IT infrastructure, applications and protection, and availability services to enterprises worldwide. Radware’s solutions enable businesses and operators around the world to quickly adapt to market challenges, maintain business continuity, and achieve maximum productivity while reducing costs. For more information, please visit the Radware website.

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Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. -see the statements. Generally, forward-looking statements can be identified by words such as “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans” and similar expressions or future or conditional verbs such as “will”, “should”, “should”, “may”, and “could”. For example, when we say Radware’s Bot Manager helps organizations protect and grow their online operations, we use a forward-looking statement. Because these statements address future events, they are subject to various risks and uncertainties, and the actual results expressed or implied by these forward-looking statements could differ materially from current forecasts and estimates of Radware.Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions and market volatility for our products; natural disasters public health crises and 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 the Russian military conflict in Ukraine, including the indefinite suspension operations in Russia and relationships with Russian entities by numerous multi-national companies in a variety of industries; our ability to successfully implement our strategic initiative to accelerate our cloud business; our ability to effectively expand our operations; the timely availability and customer acceptance of our new and existing solutions; risks and uncertainties related to acquisitions or other investments; the impact of economic and political uncertainties and weaknesses in various regions of the world, including the onset or escalation of hostilities or acts of terrorism; intense competition in the cybersecurity and application delivery solutions market and in our industry generally, and changes in the competitive landscape; changes in government regulations; failures, interruptions or delays in the hosting services or our internal network system; compliance with open source and third-party licenses; the risk that our intangible assets or goodwill will be impaired; our reliance on independent distributors to sell our products; long sales cycles for our solutions; changes in currency exchange rates; undetected defects or errors in our products or failure of our products to protect against malicious attacks; the ability of suppliers to supply our hardware platforms and components for our major accessories; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; changes in tax laws; our ability to achieve 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 have little or no control. This list is intended to identify only some of the major factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, see Radware’s Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC), and other risk factors discussed from time to time. by Radware in reports filed with, or provided to, the SEC. Forward-looking statements speak only as of the date they are made and, except as required by applicable law, Radware does not undertake to revise or update any forward-looking statement to reflect new events or circumstances after the date on which such declaration is made. Radware’s public filings are available on the SEC’s website at www.sec.gov or can be obtained from Radware’s website at www.radware.com.

Media Contact:
Gerri Dyrek
Radware
[email protected]