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Radware Receives Multi-Million Expansion Order From Top U.S. Financial Services Customer

Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced that a major U.S. financial services company signed a $4 million deal for Radware’s Attack Mitigation Solution (AMS). It includes hardware designed for infrastructure protection in addition to support services and signature update subscriptions.

An existing Radware customer, this company chose to remain with Radware as part of an ongoing effort to stay ahead of today’s complex cyber-threats. This hardware upgrade increases their overall traffic capacity and allows them to streamline their SSL protection in a one-box solution. The company will use Radware’s AMS to protect seven data centers across the Americas and assure availability for the company’s millions of account holders.

“This financial services provider extended its relationship with Radware because of our instantaneous attack detection capabilities and the granular level of protection we offer against “low and slow” attacks, like encrypted SSL attacks,” said Roy Zisapel, Radware Chief Executive Officer. “For us, this deal validates the value of our solutions and services. They’ve seen us in action, and when it came time to choose the next generation of hardware, they came back to us.”

Radware’s family of DDoS security solutions provides integrated application and network security for a best of breed, multi-layered security architecture and DDoS attack prevention. The solution provides the highest protection accuracy with patent-protected behavioral based detection to protect legitimate traffic and real-time signature creation for zero-day attack protection. Radware's hybrid DDoS protection integrates always-on detection and mitigation (on-premises or in the cloud) with cloud-based volumetric DDoS attack prevention, scrubbing, and 24x7 Emergency Response Team (ERT) support. Radware’s Defense SSL protection supports all types of encrypted attacks, inkling TCP SYN Floods, SSL Negotiation Floods, HTTPS Floods, and Encrypted Web Attacks.