Mitigate attacks and ensure successful product rollout
MAHWAH, N.J., Dec. 01, 2021 (GLOBE NEWSWIRE) — Radware� (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced that CHT Security, selected Radwares DefensePro® DDoS Protection solution to safeguard gaming publisher NCSoft Taiwan from massive DDoS attacks during a very popular game launch. CHT Security is Taiwans leading managed security service provider and a subsidiary of Chunghwa Telecom, the largest telco in Taiwan.
Supported by Radwares data center protection and CHT Securitys comprehensive professional services, the leading global gaming company was able to mitigate the DDoS attacks and introduce its new game without incident.
As weve expanded our business, weve seen a large increase in DDoS attacks in Taiwan in recent years, said Jeff Hung, general manager for CHT Security. Based upon our long-standing, positive experience, we selected Radware to ensure NCSoft Taiwans successful product launch and have increased the use of DefensePro to support our business. The key success factor to this joint effort is the combination of CHT Securitys defense expertise in real-time tuning and the cutting-edge features of Radwares DefensePro to deliver high-quality and low-latency defense services against cyber threats.
According to Radwares recently published Q3 DDoS and Application Attack Report, the number of DDoS attacks blocked during the first nine months of 2021, already exceeded the total number of malicious events blocked in 2020. Gaming and telecom endured the highest attack volumes, accounting for over 50% of the total blocked volume in the third quarter of 2021.
DDoS attacks are becoming more frequent, sophisticated, and dangerous, said Yoav Gazelle, vice president of international sales for Radware. With the growing availability of attack tools and botnets, organizations need multi-layered DDoS protection backed by expert emergency response teams. We value our trusted relationship with CHT Security and are excited that it has chosen to safeguard its customers with our solutions.
Radwares DefensePro provides automated DDoS defense and protection from fast moving, high volume, encrypted, or very short duration threats. It defends against IoT-based, Burst, DNS, and TLS/SSL attacks to secure organizations against emerging network multi-vector attacks, ransom DDoS campaigns, IoT botnets, and other types of cyber-threats.
About CHT Security
Founded in 2017, CHT Security is a subsidiary company of Chunghwa Telecom, the largest telco in Taiwan. CHT Security is now the leading managed security service provider in Taiwan with rich experiences in information defense practices, and the R&D capabilities to deliver cyber security services and solutions, including security testing, SOC monitoring, incident response, and digital forensics, satisfying cybersecurity needs for enterprises and government institutions. CHT Security is ISO 20000, ISO 27001, and ISO 17025 certified, and was awarded the 2021 Taiwan Managed Security Services Company of the Year Award by Frost & Sullivan. For more information, please visit www.chtsecurity.com.
About Radware
Radware® (NASDAQ: RDWR), is a global leader of cyber security and application delivery solutions for physical, cloud, and software defined data centers. Its award-winning solutions portfolio secures the digital experience by providing infrastructure, application, and corporate IT protection, and availability services to enterprises globally. Radwares solutions empower enterprise and carrier customers worldwide to adapt to market challenges quickly, maintain business continuity, and achieve maximum productivity while keeping costs down. For more information, please visit the Radware website.
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Safe Harbor Statement
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radwares plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as believes, expects, anticipates, intends, estimates, plans, and similar expressions or future or conditional verbs such as will, should, would, may, and could. For example, when we say that we cannot ensure such customer wins in the future, we are using a forward-looking statement. Because such statements deal with future events, they are subject to various risks and uncertainties, and actual results, expressed or implied by such forward-looking statements, could differ materially from Radwares current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions and volatility of the market for our products; natural disasters and public health crises, such as the coronavirus disease 2019 (COVID-19) pandemic; our ability to expand our operations effectively; timely availability and customer acceptance of our new and existing solutions; risks and uncertainties relating to acquisitions or other investments; the impact of economic and political uncertainties and weaknesses in various regions of the world, including the commencement or escalation of hostilities or acts of terrorism; intense competition in the market for cyber security and application delivery solutions and in our industry in general, and changes in the competitive landscape; changes in government regulation; outages, interruptions, or delays in hosting services or our internal network system; compliance with open source and third-party licenses; the risk that our intangible assets or goodwill may become impaired; our dependence on independent distributors to sell our products; long sales cycles for our solutions; changes in foreign currency exchange rates; undetected defects or errors in our products, or a failure of our products to protect against malicious attacks; the availability of components and manufacturing capacity; the ability of vendors to provide our hardware platforms and components for our main accessories; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; changes in tax laws; our ability to realize our investment objectives for our cash and liquid investments; our ability to attract, train, and retain highly qualified personnel; and other factors and risks over which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, refer to Radwares Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC) and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radwares public filings are available from the SECs website at www.sec.gov or may be obtained on Radwares website at www.radware.com.
Media Contacts:
Gerri Dyrek
Radware
Gerri.Dyrek@radware.com
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