Radware Ltd. develops application security and delivery solutions for multi-cloud environments, with cloud application, infrastructure, API and AI security products that address web, application and DDoS attacks, API abuse, business logic threats and malicious bots. Company news commonly covers quarterly results, cloud ARR, regional revenue trends and demand for offerings such as API Protection, DefensePro X and Web DDoS Protection.
Updates also include cloud security partnerships, service-provider deployments, threat research, share repurchase authorizations, investor conference participation and annual general meeting matters tied to the company’s Israeli corporate governance framework.
Radware (NASDAQ: RDWR) has partnered with Entelar to enhance its application and network security offerings in New Zealand. Announced on April 19, 2022, this reseller agreement expands Entelar’s portfolio, enabling them to provide Radware’s advanced solutions, including DDoS protection and web application firewalls. Entelar's CEO highlighted the partnership as a significant growth opportunity for both companies. The collaboration aims to bolster New Zealand's cyber security landscape, reflecting Radware's commitment to delivering high-quality, innovative security solutions.
Radware (NASDAQ: RDWR) has launched its SecurePath architecture, a cloud-based application security solution designed for hybrid and multi-cloud environments. This innovative architecture allows for API-based, out-of-path deployment, reducing latency and complexity while improving security and uptime. The dual deployment model offers organizations flexibility and full application visibility from a centralized portal. CEO Gabi Malka emphasized that SecurePath removes common security trade-offs, allowing for seamless cloud migration without sacrificing application performance or protection quality.
Radware (NASDAQ: RDWR) will announce its first quarter 2022 financial results on May 3, 2022. The management will host a conference call at 8:30 a.m. EDT to discuss the results and provide an outlook for the second quarter. Participants are encouraged to join 15 minutes early. The call will also be available via a live webcast. A replay will be accessible for two days post-call. Radware is a leader in cyber security and application delivery, providing services to enhance digital experiences and business continuity for enterprises globally.
Radware has launched the DefensePro 800, the industry's first terabit DDoS mitigation platform, designed to meet the needs of Tier-1 service providers and large enterprises. With up to 1.2 billion packets per second attack prevention and 800 Gbps mitigation capacity, this platform addresses challenges posed by 5G, edge computing, and increased bandwidth demands. Its advanced algorithms offer robust protection against various cyber threats. Radware's innovation positions it as a leader in the DDoS mitigation space, aimed at enhancing connectivity and security in evolving networks.
Radware (NASDAQ: RDWR) has expanded its partnership with a major South American conglomerate through a million-dollar deal. The collaboration aims to enhance the conglomerate's application cybersecurity, DDoS protection, and integrated application delivery as part of its digital transformation. Key offerings include Radware’s DefensePro DDoS protection and an integrated Web Application Firewall (WAF). Additionally, the conglomerate implemented the Alteon Global Elastic License for effective application performance management across diverse environments.
Radware (NASDAQ: RDWR) has announced that SAS, Scandinavia's leading airline, is utilizing Radware's Bot Manager to safeguard its booking site, flysas.com, from account takeover threats. This partnership aims to combat increasing cyber threats targeting airlines, particularly through bot attacks that jeopardize user privacy. Radware's Bot Manager offers advanced behavioral analysis to effectively distinguish between legitimate and malicious traffic, thus preventing disruptions to legitimate users while fortifying security measures.
Radware (NASDAQ: RDWR) has expanded its partnership with Presidio to offer enhanced application security and DDoS protection solutions. This multi-year agreement will integrate Radware's advanced cybersecurity technology, including Cloud Native Protector and bot management, into Presidio's offerings. With the increasing cyber threats, both companies aim to provide comprehensive protection for cloud and hybrid environments. Radware's solutions have received recognition, ranking highly in industry reports from Gartner and Forrester.
Radware (NASDAQ: RDWR) released its 2021-2022 Global Threat Analysis Report, indicating 2021 as the year of web application attacks with an 88% rise in malicious web requests.
Meanwhile, DDoS attacks increased by 37%, with notable shifts towards micro floods and ransom denial-of-service (RDoS) tactics, reflecting a growing sophistication among cybercriminals.
The report emphasizes the need for companies migrating to the public cloud to bolster their defenses against large-scale attacks and highlights the top attacked sectors, including gaming and retail.
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Radware (NASDAQ: RDWR) has announced a new share buyback plan, authorizing repurchases of up to $80 million of its ordinary shares as part of the 2022 Plan, which will expire on May 10, 2023. This follows the 2021 Plan, where $63 million of shares have already been repurchased, leaving $17 million remaining until its expiration on May 6, 2022. The total potential repurchase amount across both plans totals $97 million. These buybacks are expected to enhance shareholder value and are executed according to U.S. and Israeli regulations.