09/13/2017 | Press release | Distributed by Public on 09/13/2017 06:50
Radware's products and services offer advanced technologies and value-added features that exceed mitigation requirements and provide customers with tailored solutions
Frost & Sullivan has recognized Radware ® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, as the recipient of the 2017 Global Customer Value Leadership Award. Frost & Sullivan recently analyzed the distributed denial-of-service (DDoS) mitigation industry and conducted research into the leading industry vendors that have a strong commitment to customer value. Radware is firmly established as one of the leading providers of products and services within the highly competitive cyberattack and DDoS mitigation market.
Radware regularly identifies new and emerging attack trends in order to provide the highest levels of protection against increasingly sophisticated DDoS threats. For these reasons, Radware has earned Frost & Sullivan's 2017 Global DDoS Mitigation Customer Value Leadership Award.
'Cyber attackers require relatively few resources to inflict massive and costly damage to organizations. DDoS customers need solutions that detect and mitigate the most sophisticated and massive attacks. These solutions need to go beyond traditional rate-based protection and leverage behavioral-based algorithms that automatically detect zero-hour, encrypted, and dynamic attacks,' said Senior Industry Analyst Chris Rodriguez. 'Customer value in this space isn't simply a price to performance proposition. Organizations must evaluate these solutions across a range of value-added factors. Radware has achieved marketplace success, in large part, by identifying, catering to, and exceeding customers' value-related concerns.'
'Frost & Sullivan's global team of analysts rely on a rigorous, in-depth methodology to find the industry's best solutions,' said Anna Convery-Pelletier, Chief Marketing Officer at Radware. 'Winning the award for Customer Value Leadership is no accident. It recognizes our continuing efforts to refine our solutions and add value in the face of new threats, like massive IoT botnets and SSL-encrypted attacks. Our unwavering focus on serving our customers separates us from the pack in securing businesses.'
Radware's Attack Mitigation System protects against increasingly sophisticated and dedicated DDoS threats and it includes Web-application security and SSL-based attack mitigation. This provides protection against network and application attacks, including those spawned by hacked Internet of Things (IoT) devices. Radware's attack mitigation provides industry-leading solutions such as:
'Radware takes pride in offering a fully-integrated suite of attack mitigation solutions that can be deployed to meet even the unique needs of each customer,' continued Convery-Pelletier. 'Our commitment to remaining flexible to provide the best service and add value at each step strengthens our customer relationships and supports our long term growth.'
Radware's Emergency Response Team (ERT) was an important factor in this analysis. Radware's ERT is designed stop DDoS attacks quickly and provides 24/7 security services for customers facing immediate denial-of-service, a DDoS attack, or a malware outbreak. The ERT delivers instantaneous, expert security assistance to stop DDoS attacks and restore network and service operations. The ERT is staffed by DDoS protection service experts who have vast knowledge and experience with network threats, the detection and mitigation of these threats, and in-depth experience with Radware's family of products. The ERT has successfully mitigated thousands of attacks.
'Radware has been able to offer flexible DDoS solutions tailored to meet the specific needs of organizations across a range of industries, such as telecommunications, financial services, healthcare, education, manufacturing, and enterprise,' said Rodriguez. 'Every online organization is at risk, but they vary significantly in terms of budgetary restraints, latency concerns, security requirements, and other considerations. Therefore, industry-specific solutions are of significant value to customers across all vertical industries.'
Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products. The award recognizes the company's unique focus on augmenting the value that its customers receive, beyond simply good customer service, leading to improved customer base expansion and retention.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
Radware® (NASDAQ: RDWR), is a global leader of application delivery and cyber security solutions for virtual, cloud and software defined data centers. Its award-winning solutions portfolio delivers service level assurance for business-critical applications, while maximizing IT efficiency. Radware's solutions empower more than 10,000 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 www.radware.com.Radware encourages you to join our community and follow us on: Facebook, Google+, LinkedIn, Radware Blog, SlideShare, Twitter, YouTube, Radware Connect app for iPhone® and our security center DDoSWarriors.com that provides a comprehensive analysis on DDoS attack tools, trends and threats.
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Safe Harbor Statement
This press release may contain statements concerning Radware's future prospects that are 'forward-looking statements' under the Private Securities Litigation Reform Act of 1995. Statements preceded by, followed by, or that otherwise include the words 'believes', 'expects', 'anticipates', 'intends', 'estimates', 'plans', and similar expressions or future or conditional verbs such as 'will', 'should', 'would', 'may' and 'could' are generally forward-looking in nature and not historical facts. For example, we cannot guarantee such partnerships in the future. 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; changes in the competitive landscape; inability to realize our investment objectives; timely availability and customer acceptance of our new and existing products; risks and uncertainties relating to acquisitions; 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; Competition in the market for Application Delivery and Network Security solutions and our industry in general is intense; and other factors and risks on 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, reference is made to Radware's Annual Report on Form 20-F, as amended, which is on file 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.