MAHWAH, N.J., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, has been named a major player in the IDC MarketScape: Worldwide Web Application and API Protection (WAAP) Enterprise Platforms 2024 Vendor Assessment (doc #US51795524, September 2024). The report noted, "Behavior-based detections and multiple machine learning models are powering threat detection for better detection accuracy, especially with z ...

MAHWAH, N.J., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today announced it signed a managed security service provider (MSSP) agreement with Cirion Technologies. Based on the agreement, Cirion Technologies, a more than 30-year veteran and leading provider of digital infrastructure, plans to invest in Radware's industry-leading Cloud DDoS Protection Service and offer it as a service to customers acro ...

TEL AVIV, Israel, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), is a global leader in application security and delivery solutions for multi-cloud environments, today announced that its 2024 Annual General Meeting of Shareholders will be held on Thursday, October 10, 2024, at 3:00 p.m. (Israel time), at the offices of the Company, 22 Raoul Wallenberg Street, Tel Aviv, Israel. The record date for the Annual General Meeting is September 6, 2024. The agenda of the Annual General Meeting is as foll ...

Worldwide geopolitical tensions drive attacks with emphasis on the application infrastructure News Highlights In the first half of 2024: Application-Layer DNS DDoS attack activity quadruples compared to the first half of 2023 North American online applications and APIs shoulder 66% of web attacks EMEA organizations face more than 90% of web DDoS attacks Finance organizations experience 44% of network-layer DDoS attacks The average number of Pro-Russian attacks targeting Ukraine doubles compared to the avera ...

Radware Ltd. (NASDAQ:RDWR) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants Yisca Erez – Director, Investor Relations Roy Zisapel – President and Chief Executive Officer Guy Avidan – Chief Financial Officer Conference Call Participants Alex Henderson – Needham Chris Reimer – Barclays George Notter – Jefferies Alex Henderson – Needham Operator Hello, and welcome to the Radware Conference Call discussing Second Quarter 2024 Results. Thank you all for holding. You will have the op ...

Radware EPIC-AI Platform LOWER MTTR 23 HOURS ATO PROTECTION BOT MANAGER API PROTECTION WEB DDOS WAF PROTECTION DDOS PROTECTION Preemptive protection with AI-driven 'Source Blocking' algorithms Challenges to Maintaining Application Security Key Drivers for CISOs in 2024 This presentation 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 pl ...

Radware (RDWR) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 17.65%. A quarter ago, it was expected that this network management software maker would post earnings of $0.14 per share when it actually produced earnings of $0.16, delivering a surprise of 14.29%. Over the last four qua ...

Revenue of $67 million, an increase of 3% year-over-year Cloud ARR of $70 million, an increase of 19% year-over-year Non-GAAP operating expenses of $49 million, a decrease of 6% year-over-year Non-GAAP diluted EPS of $0.20; GAAP diluted EPS of $0.04 Cash flow from operations of $23 million "We are pleased with our second quarter 2024 results, which exceeded the high-end of our revenue and nonGAAP EPS guidance," said Roy Zisapel, Radware's president and CEO. "We are excited about the launch of Radware EPIC-A ...

Company Overview - Radware is a global leader in application security and delivery solutions for multi-cloud environments, offering AI-driven algorithms for real-time protection against sophisticated cyber threats [6] - The company's solutions are recognized by industry analysts such as Aite-Novarica Group, Forrester Research, Gartner, GigaOm, KuppingerCole, and Quadrant Knowledge Solutions as market-leading in cybersecurity [1] - Radware's products and solutions are protected by trademarks, patents, and pending patent applications in the U.S. and other countries [2] Industry Recognition - GigaOm's 2024 Radar for Application and API Security (AAS) Report awarded Radware the top score for AI-enhanced vulnerability detection, highlighting its use of IP and application layer information to detect and protect against attacks [9] - Radware is the only vendor in the GigaOm analysis to achieve this top score, demonstrating its advanced AI capabilities in cybersecurity [9] Product Innovation - Radware launched EPIC-AI, a proprietary AI-powered platform that integrates multiple layers of AI and generative AI algorithms across its security solutions [14] - EPIC-AI provides real-time, precise, and hands-free protection across cloud, on-prem, and hybrid environments, significantly improving attack detection and mitigation while reducing mean time to resolution (MTTR) [14] - The platform features cross-platform AI reasoning, real-time cloud protection engines, and AI-driven SOC capabilities, enabling 24x7 managed services and automated security management [12] Customer Impact - Radware's AI-based solutions have helped customers like Puerto de Barranquilla and Fiji National University better understand their threat landscapes and protect against new types of AI-driven attacks [10][16] - Customers have praised Radware for its robust, real-time threat protection and cost-effective global solutions [16] Market Trends - The growing use of automated and AI-enabled cyber attack tools, combined with stricter regulatory requirements and a shortage of cybersecurity experts, is increasing exposure and risk for organizations worldwide [7] - Radware's AI-with-AI approach, exemplified by EPIC-AI, addresses these challenges by providing modern tools to stay ahead of evolving cyber threats [7]

MAHWAH, N.J., July 31, 2024 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced the launch of its proprietary Radware EPIC-AI™, which adds multiple layers of AI-powered intelligence and capabilities across its application and network security solutions and services. EPIC-AI infuses state-of-the-art AI and generative AI algorithms across Radware's security solutions to deliver precise, hands-free, consistent protections across ...