MAHWAH, NJ, Sept. 29, 2022 (GLOBE NEWSWIRE) — wheel goods®RDWR, a leading provider of cybersecurity and application delivery solutions, announced that it has expanded its relationship with a Fortune 500 financial services firm in a multi-million dollar deal. The multinational industry leader expanded its investment in Radware Application Protection as a Service in addition to DDoS protection, Radware’s Cloud Web Application Firewall (WAF), API Protection and Bot Manager.
The financial services provider responsible for its clients’ public-facing websites has been subject to constant cyberattacks. To protect its network and application infrastructure along with the millions of merchants and thousands of financial institutions it supports, the vendor turned to Radware to improve its cyber defenses in multiple dimensions, including automation, efficiency, and visibility.
“The banking industry is driven by frictionless customer experiences and high-quality, sensitive data, making it a highly attractive target for cybercriminals,” said Yoav Gazelle, Radware’s chief business officer. “As a leader in merchant banking solutions, a state-of-the-art attack detection and response capability was critical to this company’s business and reputation. We’ve been able to grow this relationship because we continue to demonstrate our expertise, solutions, and support aligned with the advanced security and networking needs of this industry.”
To provide a higher level of application security with fewer false positives, Radware’s Application Protection-as-a-Service combines negative and positive security with automated, machine learning-based algorithms that continuously examine application traffic and end-user behavior. The cloud-based service protects against both zero-day and bad-bot attacks.
Radware’s cyber security solutions continue to earn industry recognition. Recently, GigaOm named Radware a “Leader and Outperformer” in its innovation hemisphere
