Radware Extends its Cloud Application Security with API Discovery and Threat Protection

Automatically identifies undocumented APIs, detects emerging threats, and creates security policies without human intervention

MAHWAH, N.J., Feb. 23, 2022 (GLOBE NEWSWIRE) — Radware^� (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced that it has extended its state-of-the-art cloud application security offering, adding fully automated API Discovery capabilities. These capabilities, combined with newly automated security policy optimization, are part of Radware’s integrated Application-Protection-as-a-Service solution, which includes cloud-based web application firewall (WAF), bot management, API security, and DDoS protection.

Delivering on the company’s recently announced cloud services initiative, Radware’s latest innovations offer security teams comprehensive and frictionless API protection. The API Discovery capabilities enable security teams to automatically identify and secure undocumented APIs without relying on human intervention or application and security expertise. Using advanced machine-learning algorithms, Radware’s API protection works in real time to detect and block a broad range of threats. This includes defense against access violations, data leakage, automated bot-based threats, as well as DDoS and embedded attacks.

“Many organizations are facing a knowledge gap on how to protect their APIs or incorrectly assume an API gateway can provide comprehensive protection. Frequent application changes and faster release cycles are only making this difficult situation worse,” said Gabi Malka, Radware’s chief operations officer and head of products and services. “With our frictionless technology, we take human intervention and error out of the security equation. By automatically discovering undocumented APIs and applying a tailored security policy, we can accurately and effectively protect those APIs and keep them up to date.”

Radware delivers state-of-the-art API protection through an innovative combination of capabilities. The solution:

• Automatically discovers unknown and undocumented APIs and changes to documented APIs as well as applies tailored security policies.
• Minimizes maintenance efforts through machine learning algorithms that scan all security event logs, automatically optimize security policies, and eliminate false positives. 
• Guards sensitive data, including personal identifiable information, and credit card and social security numbers.
• Prevents API abuse and blocks unwanted bots.
• Increases visibility into violations and exploitations of APIs. 
• Reduces API consumption and utilization costs. 

Radware was included in Gartner’s 2021 Critical Capabilities for Cloud Web Application and API Protection report, ranking second among 11 vendors for API security and high security use cases. In addition to the industry, customers acknowledge Radware’s technology expertise. Radware was recognized as a Customers’ Choice in the 2021 Gartner Peer Insights “Voice of the Customer:” Web Application Firewall Report.

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. Radware’s 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 Radware’s 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 by automatically discovering undocumented APIs and applying a tailored security policy, we can accurately and effectively protect those APIs and keep them up to date, 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 Radware’s 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 successfully implement our strategic initiative to accelerate our cloud business; 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 Radware’s 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. Radware’s public filings are available from the SEC’s website at www.sec.gov or may be obtained on Radware’s website at www.radware.com.

Media Contacts:
Gerri Dyrek
Radware
Gerri.Dyrek@radware.com