MAHWAH, N.J., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Radware� (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced that German industrial services provider Bilfinger SE has chosen Radware�s DefensePro� DDoS Protection and Cloud DDoS Protection Service to increase cyber defenses across its global hybrid IT infrastructure.
Today, Bilfinger employs more than 30,000 employees worldwide. For a long time, Bilfinger has been providing engineering, maintenance, modification, operations, and inspection services for customers across a broad range of industries, including chemicals, energy and utilities, pharma and biopharma, oil, and gas. The company turned to Radware to protect its infrastructure against DDoS attacks and evolving threats.
The first six months of 2022 were marked by a significant increase in DDoS activity across the globe. According to Radware�s First Half 2022 Global Threat Analysis Report, the number of malicious DDoS attacks climbed 203% compared to the same period in 2021.
�One of the reasons we selected Radware was because of the flexibility and combined strength of its state-of-the-art DDoS protection solutions,� said Andreas Pfau, head of Bilfinger�s CIO office. �Together, they offer low latency and uninterrupted protection while delivering the high capacity required to mitigate sophisticated, large-scale volumetric DDoS attacks.�
For network security, Bilfinger deployed Radware's DefensePro� DDoS Protection and Cloud DDoS Protection Service. Together, they provide automated protection against Burst, DNS, and TLS/SSL attacks as well as ransom DDoS campaigns, IoT botnets, phantom floods, and other types of cyber threats. Bilfinger is also working with Radware�s Emergency Response Team (ERT). The group of security experts provides 24x7 support and mitigation services for customers facing application- and network-layer attacks.
�The risk of DDoS attack has never been greater. When it comes to detection and mitigation, speed and accuracy have never been more critical,� said Rob Hartley, vice president and managing director for EMEA and LATAM. �Our enterprise-grade technology uses advanced behavioral-based detection and automatic real-time signature creation to offer organizations wide security coverage against the most sophisticated DDoS attacks.�
Radware was recognized as a global leader in Forrester�s report, �The Forrester Wave�: DDoS Mitigation Solutions, Q1 2021.� The company was also named the market leader for the second consecutive year in Quadrant Knowlege Solutions� 2022 SPARK Matrix for DDOS Mitigation.
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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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 we offer organizations wide security coverage against the most sophisticated DDoS attacks, 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; a shortage of components or manufacturing capacity could cause a delay in our ability to fulfill orders or increase our manufacturing costs; our business may be affected by sanctions, export controls, and similar measures, targeting Russia and other countries and territories, as well as other responses to Russia�s military conflict in Ukraine, including indefinite suspension of operations in Russia and dealings with Russian entities by many multi-national businesses across a variety of industries; 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.
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Gerri Dyrek
Radware
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