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 ...

Core Insights - Skyhawk Security has introduced the first proactive Cloud Threat Detection Platform utilizing AI-based Cloud Autonomous Purple Team technology, which focuses on continuous attack simulations and defenses to identify security gaps before they escalate into threats [1][3][12] - The company has launched a free Purple Team Assessment to evaluate organizational vulnerabilities and weaponized threats, enhancing cloud security for clients [3][4][11] - Skyhawk's platform employs a multi-layer AI approach and a zero-touch process for analysis, allowing minimal disruption to client operations [5][8][9] Company Developments - Skyhawk is expanding its channel program, enabling partners to offer Purple Team Assessments, thus providing a valuable sales tool for better client protection [4] - The Purple Team Assessment report includes detailed insights on risk exposure, critical vulnerabilities, and potential attack vectors [11] - The company will showcase its Continuous Proactive Protection technology at the Black Hat USA 2024 conference, highlighting its innovative cloud security solutions [7]

Real-time API protection to prevent business logic attacks (Section 6.2.4 requirement): So organizations can identify and track all API endpoints and their parameters, Radware's solution uses AI and machine-learning based algorithms to analyze business logic and detect API requests that deviate from normal behavior. To comply with PCI DSS 4.0 requirements, Radware's new solution combines a set of AI-powered, behavioralbased application protection tools in a single platform. The solution, which is built on R ...

"PCI compliance is no longer just for traditional retail payment chains. PCI DSS 4.0 is a call for all businesses processing financial transactions or providing supporting services to comply," said Gabi Malka, Radware's chief operating officer. "Radware is taking the complexity out of PCI DSS 4.0 compliance and making it more convenient and efficient for organizations to zero in on the specific requirements for application protection and speed time to value. The out-of-the-box features are designed to help ...

Radware's DNSaaS is the latest addition to the company's extended set of cloud application delivery services, which also includes its CDN, Load Balancer as a Service, and Network Analytics Service. By leveraging DNSaaS, customers can benefit from exceptional reliability, comprehensive management tools, and advanced security measures, all designed to keep applications available, performant, and protected. "As the management of application security and delivery becomes increasingly complex, organizations are ...

"Investing in DNSaaS and NoKey is about safeguarding an organization's digital presence and ensuring a seamless user experience," said Gabi Malka, Radware's chief operations officer. "The addition of these services to our security portfolio further reinforces and enriches our integrated platform approach to application and network security and creates even more conveniences for our customers." Radware's DNSaaS is the latest addition to the company's extended set of cloud application delivery services, which ...