Welcome to our dedicated page for Radware news (Ticker: RDWR), a resource for investors and traders seeking the latest updates and insights on Radware stock.
Radware Ltd. (NASDAQ: RDWR) is frequently in the news for its work in cybersecurity, application security, and multi-cloud protection. The company’s announcements highlight AI-driven defenses for web applications, APIs, and infrastructure, as well as DDoS mitigation capabilities designed to handle large, complex, multi-vector attacks. News coverage often reflects how Radware’s technology responds to emerging threats and supports enterprises and carriers facing rising attack volumes and sophistication.
Recent Radware news has included disclosures of new vulnerabilities in agentic AI platforms, such as the zero-click ZombieAgent indirect prompt injection vulnerability targeting OpenAI’s Deep Research agent. These stories showcase Radware’s threat intelligence research and its focus on securing AI agents that interact with corporate systems, emails, and workflows. Other updates cover product innovations like the LLM Firewall, which is designed to protect large language model prompts and responses, and enhancements to AI SOC Xpert, an AI-powered assistant for Security Operations Centers.
Investors and security professionals can also follow Radware’s news for information about its global cloud security network, DDoS mitigation capacity upgrades, and major customer wins, such as multi-year agreements with large SaaS enterprises. In addition, the company regularly issues press releases on quarterly financial results, annual general meetings, and partnerships with organizations like Hitachi Solutions to deliver cloud application protection services in specific regions.
This news page aggregates these updates so readers can quickly see developments related to Radware’s application security, DDoS protection, AI security research, product launches, earnings announcements, and strategic collaborations. For those tracking RDWR, the news feed provides context on how the company is addressing evolving cyber threats and expanding its security offerings.
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.
Radware (NASDAQ: RDWR) announced its 2021 Annual General Meeting of Shareholders scheduled for December 9, 2021, at 3:00 p.m. in Tel Aviv, Israel. Shareholders of record by November 5, 2021, can participate. The agenda includes the election of Class I directors, approval of grants to executives, and reappointment of auditors. The company may opt for a virtual meeting due to COVID-19. All proposals require simple majority approval. Position statements are due 10 days before the meeting, and detailed proxy statements will be provided to shareholders.
Radware reported a record revenue of $73 million for Q3 2021, marking a 17% increase year-over-year, surpassing guidance.
Annual Recurring Revenue (ARR) reached $185 million, a 9% year-over-year rise, supported by a 26% increase in cloud and subscription services.
Non-GAAP operating income improved 69% to $11.6 million, with non-GAAP EPS at $0.23. Cash flow from operations was $18 million.
In the first nine months of 2021, Radware (NASDAQ: RDWR) reported a significant increase in DDoS attack mitigation, with a 75% rise in blocked events compared to 2020. The total volume blocked was 44% higher year-over-year. Web application attacks also surged, doubling each quarter, with the most attacks targeting technology and healthcare sectors. The report highlights a need for improved defenses against complex DDoS attacks, as well as a rise in unsolicited network scanning activity, peaking at 27 million events daily in Q3 2021.
Radware (NASDAQ: RDWR) and Netsync have joined forces to offer enhanced security for AWS workloads, focusing on enterprise and public sector clients. Netsync will implement Radware’s Cloud Native Protector, which provides a comprehensive security solution, addressing compliance violations, misconfigurations, and malicious activity. This partnership aims to ensure 24/7 security coverage and business efficiency.
Radware's solution enhances visibility and control over cloud-hosted assets, marking a significant step in protecting against evolving cyber threats.
Radware (NASDAQ: RDWR) announces advanced encrypted protection capabilities in its DDoS solution, enhancing defense against SSL DDoS attacks. This upgrade allows enterprises and service providers to ensure better visibility and control over their cyber defenses. The solution includes Keyless SSL Protection and Selective Full SSL Protection, minimizing latency and securing communication without needing full decryption. This adaptability meets evolving security needs driven by increased encryption in user communications and a rise in cyber threats.
Radware® (NASDAQ: RDWR) has been recognized as the 2021 technology leader in DDoS mitigation by Quadrant Knowledge Solutions. The company achieved the highest rankings in technology excellence and customer impact among 14 vendors evaluated. The SPARK Matrix report analyzes DDoS mitigation market dynamics and competitive positioning, highlighting Radware's innovative solutions like DefensePro® and Cloud DDoS Protection Services, which utilize AI and machine learning for robust threat mitigation. Radware’s recognition underscores its commitment to delivering strong value and security to customers in an increasingly threat-prone landscape.
Radware has launched its Quantiles DoS Protection, a market-first feature within its DefensePro solution designed to detect and block phantom flood attacks in high bandwidth networks. This innovative capability utilizes advanced algorithms to segment incoming traffic, allowing for automated detection of threats that were previously undetectable. The solution promises zero-minute mitigation and reduced operational costs by eliminating the need for manual configuration. This development is crucial as the demand for secure, scalable networks continues to rise amid the expansion of 5G and cloud services.