Radware Ltd Stock Price, News & Analysis

Radware (NASDAQ: RDWR) has launched a new cloud security center in Milan, Italy, aimed at enhancing its attack mitigation capacity and expanding its global footprint. This center will protect against the OWASP Top 10 Web Application Security Risks and various DDoS attacks. With a staggering 203% increase in DDoS attacks noted in the first half of 2022, Radware emphasizes its commitment to combat rising cyber threats. The company maintains over 10Tbps of mitigation capacity across 50+ global security centers, with additional facilities opened in Chile, Taiwan, and the UAE.

Radware (NASDAQ: RDWR) has released a report indicating critical challenges in achieving consistent application security across multi-cloud environments. Key findings reveal that 70% of organizations lack confidence in their ability to maintain robust security across platforms. Moreover, 69% acknowledged prior breaches due to discrepancies in security configurations. The report highlights a growing reliance on hybrid infrastructures, with 98% of respondents utilizing multiple types of data centers. Trust in public cloud security has significantly declined, impacting organizations' overall security postures.

Radware (NASDAQ: RDWR) announced the opening of a new cloud security center in Dubai, UAE, responding to regional demands for enhanced security services and low latency performance. This facility will provide faster mitigation against various cyber threats, including denial-of-service attacks and malicious bot traffic, while ensuring compliance with offshore data routing regulations. With over 10Tbps of mitigation capacity across its global network, Radware aims to enhance its cloud infrastructure and customer service in the face of rising cyber threats, which saw a 203% increase in DDoS attacks in the first half of 2022.

Radware (NASDAQ: RDWR) has been selected by Odine to provide Cloud DDoS Protection Services as part of a network modernization project for Tier 1 telecom providers. This partnership aims to enhance the cybersecurity posture of telecom operators, who are increasingly targeted by DDoS attacks, accounting for over 25% of such incidents in Q1 2022. Radware's solutions will protect 14 of Odine's networks and two data centers, promoting agility and resilience.

Radware is recognized as a leader in DDoS mitigation solutions, positioning itself as a key player in global telecommunications security.

Radware (NASDAQ: RDWR) has launched a new cloud security center in Taiwan, enhancing cybersecurity for local businesses and meeting data sovereignty requirements. This facility aims to secure data centers, networks, web, and mobile applications while reducing latency. The center provides protection against various cyber threats, including DDoS attacks and web application risks. In the first half of 2022, malicious DDoS attacks soared by 203%, highlighting the growing need for such services. Radware now operates over 50 security centers globally with more than 10Tbps of mitigation capacity.

Radware (NASDAQ: RDWR) released its First Half 2022 Global Threat Analysis Report, highlighting a significant shift in the cyber threat landscape due to the Russian invasion of Ukraine. Malicious DDoS attacks surged 203% compared to the previous year, with attacks peaking at 1.5 Tbps. Patriotic hacktivism increased dramatically, with both pro-Ukrainian and pro-Russian groups participating in cyber operations. Ransom denial of service (RDoS) attacks also continued, with a notable resurgence from the REvil group. The retail and high-tech sectors were the most targeted by cyberattacks in this period.

Radware (NASDAQ: RDWR) has launched a new cloud security center in Santiago, Chile, enhancing its presence in Latin America. This facility will aid customers in Argentina, Chile, Peru, and Uruguay in strengthening their cyber defenses with minimal latency while meeting data localization requirements. The initiative aligns with Radware's strategy to expand its global cloud security network amidst a rise in cyberattacks. Radware currently operates over 50 cloud security centers worldwide and provides services to 12,500 organizations in the region.

Radware (NASDAQ: RDWR) has been recognized as a leader in the 2022 KuppingerCole Leadership Compass report for Web Application Firewalls (WAF). The report highlights Radware's innovative solutions and strong performance in security, functionality, deployment, interoperability, and usability. Analyst Richard Hill noted Radware's advanced management features and its robust capabilities against cyber threats, particularly DDoS attacks. This recognition underscores Radware's commitment to providing cutting-edge protection against emerging cybersecurity risks.

Radware (NASDAQ: RDWR) has signed a reseller agreement with DataBank to provide Cloud DDoS Protection and Application Security solutions. This partnership aims to enhance cyber defense for data centers, leveraging DataBank's extensive infrastructure of over 65 data centers. Radware's security offerings include advanced threat protection through machine-learning algorithms. Moreover, Radware has received industry recognition, being ranked by Gartner and Forrester for its security capabilities.