Radware Ltd Stock Price, News & Analysis

Radware (NASDAQ: RDWR) has enhanced its Bot Manager with new crypto mitigation algorithms to combat sophisticated bot attacks. This new technology, inspired by blockchain methodologies, improves security for websites by creating a zero trust posture for web and API applications. The algorithms aim to exhaust the resources of malicious bots while providing a seamless user experience. According to Radware, there was a 144% increase in generation 4 bot attacks in 2022 compared to 2021.

Radware (NASDAQ: RDWR) announced that ESDS Software Solution Limited has selected its Cloud DDoS Protection Service to enhance security for its data centers in India. This partnership aims to improve visibility into network performance and accelerate protection against DDoS attacks. With a significant rise in DDoS threats, the need for robust solutions is critical. Radware's service provides real-time protection suitable for various sophisticated attack types. The collaboration emphasizes Radware's commitment to delivering comprehensive cyber security solutions.

Radware (NASDAQ: RDWR) will announce its second quarter 2022 financial results on August 8, 2022. A conference call is scheduled for 8:30 a.m. EDT on the same day, where management will discuss the results and provide an outlook for the third quarter. Interested participants are recommended to join the call 15 minutes early. The call will also be available via webcast on the company's website, with a replay offered for two days afterward. Radware specializes in cyber security and application delivery solutions.

Radware (NASDAQ: RDWR) has launched Series III of its Hacker’s Almanac, a field guide aimed at enhancing cyber security through actionable threat intelligence. This installment focuses on understanding and utilizing threat intelligence to fortify an organization's defenses against cyber aggressions. The guide outlines the threat intelligence lifecycle, application of vetted intelligence, and strategies for improving security posture. Pascal Geenens, director of threat intelligence at Radware, emphasizes the importance of a robust threat intelligence program in preparing organizations for imminent threats.

Radware (NASDAQ: RDWR) announced its 2022 Annual General Meeting of Shareholders to be held on July 28, 2022, at 3:00 p.m. in Tel Aviv. Shareholders as of June 24, 2022, are eligible to vote. Key agenda items include the election of directors Roy Zisapel, Naama Zeldis, and Meir Moshe; approval of amendments to the Compensation Policy for Executive Officers; and reappointment of auditors Kost Forer Gabbay & Kasierer. A simple majority is required for approvals, and details will be provided to shareholders via a proxy statement prior to the meeting.

Radware (NASDAQ: RDWR) announced its pro-bono provision of Cloud DDoS Protection and Cloud Web Application Firewall (WAF) Services to Ukraine’s SSSCIP to enhance cyber defenses amid ongoing cyber attacks due to the Russian invasion. The collaboration aims to protect critical governmental web services from DDoS and other application attacks. Victor Zhora, deputy chief of SSSCIP, emphasized the importance of safeguarding Ukraine's IT infrastructure, while Radware's solutions are designed to automatically counter sophisticated threats. This partnership highlights Radware's commitment to cybersecurity during international conflicts.

Radware (NASDAQ: RDWR) released its 2022 State of API Security report, revealing that while 92% of organizations believe they have solid API protection, 62% admit a significant portion of their APIs remain undocumented. This gap presents serious cybersecurity threats such as data breaches. The survey indicates that API usage is increasing, with 59% of applications running in the cloud. Nearly one third reported automated bot attacks as a primary threat, yet half of respondents find existing security tools only minimally effective at countering these risks.

Radware has expanded its partnership with ONESECURE to enhance cybersecurity offerings for ASEAN enterprises.

This collaboration integrates Radware's Application Protection-as-a-Service and Cloud DDoS Protection Service into ONESECURE’s existing services, bolstering protection against web attacks and phishing threats.

ONESECURE aims to provide comprehensive security solutions, including automated DDoS protection and advanced application delivery. The partnership emphasizes proactive threat identification and enhances cyber protection capabilities.

Radware (NASDAQ: RDWR) has expanded its partnership with a major e-commerce company in a million-dollar deal to enhance its cyber security measures. The e-commerce provider has adopted Radware's Bot Manager and Managed Services to combat sophisticated bot attacks while ensuring seamless online transactions. This strategic move comes after their previous solution faltered under increased attacks. Radware's technology has received praise for effectively managing these threats without disrupting user experience, positioning the company as a leader in the industry.