Radware Ltd Stock Price, News & Analysis

Radware (NASDAQ: RDWR) expands its DDoS protection and application delivery solutions through a multimillion-dollar deal with a Tier-1 U.S. carrier. This investment bolsters the carrier's defenses, ensuring enhanced application traffic management across its growing global cloud infrastructure. The carrier sought to improve security and availability while facing escalating cyber threats. Following competitive evaluations, Radware's DefensePro and Alteon solutions were selected for their advanced capabilities, which are essential for today's cloud environments.

Radware (NASDAQ: RDWR) announced the appointment of Guy Avidan as its new Chief Financial Officer (CFO), effective February 18, 2022. Avidan comes from Kornit Digital, where he served as president and CFO, leading the company to its IPO. He has extensive experience in finance and executive roles in technology companies and is a certified public accountant. CEO Roy Zisapel expressed confidence in Avidan's ability to support Radware's growth strategy. This leadership change aims to enhance financial strategy and sustain business momentum.

Radware (NASDAQ: RDWR) will release its fourth quarter and full year 2021 financial results on February 9, 2022. The management team will host a conference call at 8:30 a.m. EST to discuss the results and provide an outlook for Q1 2022. Participants are advised to join the call 15 minutes early. A replay will be available for two days after the call. Radware specializes in cyber security and application delivery solutions, aiming to enhance business continuity while helping reduce costs.

Radware (NASDAQ: RDWR), a cyber security and application delivery solutions provider, announced that Armis has selected its Cloud Native Protector for safeguarding its Amazon Web Services (AWS) environment. The solution enhances Armis' visibility and governance, allowing the DevOps team to track assets and detect vulnerabilities before they become threats. With automated risk assessments and alerts, Radware's agentless solution provides a comprehensive security posture, addressing unique needs of cloud-native companies.

Radware (NASDAQ: RDWR) announced the results of its Annual General Meeting of Shareholders held on December 9, 2021. Four proposals were voted on, with three adopted by the requisite shareholder vote. However, the proposal to approve equity-based awards for the company's president and CEO was not adopted. This outcome indicates mixed results for shareholder interests, as one significant proposal failed to pass.

Radware (NASDAQ: RDWR) has partnered with Toronto-based Oncore Cloud Services to enhance cloud security for enterprise and public sector organizations. Oncore will resell Radware's cloud security portfolio, focusing on the Cloud Native Protector designed to secure cloud migrations. This collaboration aims to prevent compliance violations and cyber threats while facilitating agile and flexible cloud environments. Key offerings include integrated web application security and DDoS protection, bolstering organizations' defenses against malicious activities.

Radware (NASDAQ: RDWR) announced that CHT Security has adopted its DefensePro® DDoS Protection solution to protect NCSoft Taiwan during a game launch. This partnership helped mitigate significant DDoS attacks, ensuring a smooth rollout. Radware's recent report highlights a surge in DDoS attacks, particularly affecting gaming and telecom sectors, with incidents in 2021 surpassing those in 2020. Radware emphasizes the need for layered DDoS defense as attacks become more sophisticated.

Radware (NASDAQ: RDWR) has launched Series II of its 2021 Hacker’s Almanac, a guide for cybersecurity and IT professionals. This series details tactics used in real cyberattacks, including DDoS attacks, ransomware, and more. It incorporates the MITRE ATT&CK framework to help organizations understand their vulnerabilities. Pascal Geenens, director of threat intelligence, warns of increasing sophistication in cyberattacks in 2022, emphasizing the need for heightened vigilance and robust security measures to protect supply chains and critical infrastructures.

Radware (NASDAQ: RDWR) has expanded its cybersecurity solutions for Minnesota IT Services (MNIT) to enhance protection for over 5.7 million residents. This upgrade includes the implementation of Radware's Cloud DDoS Protection, Cloud Web Application Firewall, and Bot Management services, aimed at reinforcing the state's cyber defenses against increasingly sophisticated threats. MNIT supports more than 2800 applications that ensure public safety and well-being. Radware's solutions contribute to effective digital transformation and business continuity in Minnesota.