Core Insights - Radware has launched a new PCI DSS 4.0 Compliance Solution aimed at helping organizations meet the updated application protection requirements efficiently [7] - The solution integrates AI-powered, behavioral-based application protection tools to simplify compliance processes and mitigate security risks [1][8] - The PCI DSS 4.0 regulation will become mandatory starting March 31, 2025, following a grace period that ends on March 31, 2024 [7] Product Features - The solution includes advanced client-side protection measures to maintain visibility and integrity of payment page scripts [2] - Real-time API protection is provided to prevent business logic attacks by analyzing API requests for deviations from normal behavior [8] - Alerts are generated for unauthorized changes to payment pages, ensuring organizations are informed of any manipulations [9] - An industry-leading Web Application Firewall (WAF) is included to offer adaptive protection against new threats [12] Market Position - Radware is recognized as a market leader in cyber security by various industry analysts, including Forrester Research and Gartner [3] - The company provides a comprehensive portfolio of cyber security and application delivery solutions for various data center environments [10]

Core Insights - Radware has expanded its cloud services to include Domain Name System as a Service (DNSaaS) and NoKey, enhancing security and application delivery for organizations [7] - The new services aim to provide organizations with more flexibility and control over their application security and performance [7] Group 1: DNSaaS Features - Radware's DNSaaS offers a centralized management console for managing DNS hosts, records, and health check configurations [9] - It includes customizable health checks to monitor application sources continuously [9] - The service provides flexible record routing options for high availability and control over traffic distribution to improve user experience [9] - Real-time analytics are available to monitor the number of queries per hosted zones [9] Group 2: NoKey Solution - The NoKey solution integrates with third-party hardware security modules (HSMs) to route encrypted traffic without exposing SSL keys [10] - It allows customers to manage their private key storage according to their technology requirements and privacy needs [10] - The solution benefits from the scale and comprehensive protection of Radware's offerings [10] Group 3: Market Position and Recognition - Radware is recognized as a market leader in cybersecurity by various industry analysts, including Forrester Research and Gartner [3] - The company has received numerous awards for its application and network security solutions [3] - Radware's solutions are designed to help enterprises adapt to market challenges and maintain business continuity [4]

Core Insights - Radware has expanded its cloud services to include a new Domain Name System as a Service (DNSaaS) and a private key protection solution called NoKey, aimed at enhancing application delivery, security, and performance for organizations [5][6]. Group 1: DNSaaS Features - DNSaaS provides a centralized management console for managing DNS hosts, records, and health check configurations, simplifying the management process for users [2]. - It includes customizable health checks that continuously monitor the status of application sources, ensuring high availability [2]. - The service offers flexible record routing options and control over traffic distribution to improve latency and user experience [2]. Group 2: NoKey Solution - The NoKey solution allows customers to route encrypted traffic through Radware's Cloud Application Protection Service without exposing their SSL keys, providing enhanced security [3]. - Customers can tailor and manage their private key storage according to their specific technology requirements and privacy needs [3]. Group 3: Market Position and Recognition - Radware is recognized as a market leader in cyber security by various industry analysts, including Aite-Novarica Group, Forrester Research, and Gartner, highlighting its strong position in the market [6]. - The introduction of DNSaaS and NoKey reinforces Radware's integrated platform approach to application and network security, offering more conveniences for customers [6].

Core Insights - Radware has enhanced its API Protection solution with an AI-driven, auto-learning protection engine designed to detect and mitigate business logic attacks in real-time [6][10] - Malicious web application and API transactions increased by 171% in 2023 compared to 2022, with retail (37%) and transportation (19%) being the most attacked industries [1] Company Overview - Radware is a leading provider of cyber security and application delivery solutions, recognized as a market leader by industry analysts [7][12] - The company offers a comprehensive Cloud Application Security Protection Service, which includes web application firewall, bot detection, and DDoS protection [11] Technology and Solutions - The new protection engine continuously learns the application's business logic to provide real-time insights into API call intents [2] - The solution aims to accurately identify and block malicious users beyond simple IP blocking, enhancing the reliability of API attack detection [2][10]

Core Insights - The number of malicious DDoS attacks increased by 94% globally from 2022 to 2023, with the finance sector being the most targeted, accounting for 41% of attacks in the EMEA region [2] - Radware has launched a new cloud security service center in Paris, enhancing its DDoS attack mitigation capacity to 15 Tbps across over 50 centers worldwide [3][8] - Anticipation of increased cyber-attacks during the 2024 Paris Olympics due to geopolitical tensions, highlighting the need for organizations to implement advanced security measures [4] Industry Trends - Hacktivist activity has surged, with a reported 185% increase in DDoS attacks in France during Q1 2024 compared to the same period in 2023 [2] - The finance industry remains the most vulnerable to cyber threats, followed by technology organizations and government institutions [2] Company Developments - The new facility in France aims to improve customer resiliency, comply with local data privacy laws, and reduce traffic latency while increasing service redundancy [8] - Radware is recognized as a market leader in cybersecurity by various industry analysts, reinforcing its position in the sector [9]

MAHWAH, N.J., June 20, 2024 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced the launch of a new cloud security service center in Paris, France. The launch of the new facility extends Radware's DDoS attack mitigation capacity to 15Tbps across a network of more than 50 cloud security service centers worldwide. According to Radware's recent Global Threat Analysis Report, the number of malicious DDoS attacks rose 94% worldwide betwe ...

MAHWAH, N.J., June 04, 2024 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, has been named as a Strong Performer in the 2024 Gartner Peer Insights Voice of the Customer for Cloud Web Application and API Protection (WAAP) Report. According to the report, 99% of customers are "willing to recommend" Radware. Gartner defines cloud WAAP as a category of security solutions "that provide protection from a broad range of runtime attacks. It offer ...

MAHWAH, N.J., June 04, 2024 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, has been named as a Strong Performer in the 2024 Gartner Peer Insights Voice of the Customer for Cloud Web Application and API Protection (WAAP) Report. According to the report, 99% of customers are "willing to recommend" Radware. Gartner defines cloud WAAP as a category of security solutions "that provide protection from a broad range of runtime attacks. It offer ...

Core Viewpoint - Radware (RDWR) is showing solid improvement in earnings estimates, which may lead to continued stock price momentum [1][2] Earnings Estimate Revisions - The trend in estimate revisions reflects growing analyst optimism regarding Radware's earnings prospects, which is expected to positively impact its stock price [2] - Current-quarter earnings estimate is $0.17 per share, representing a +70% change from the previous year, with a 100% increase in the Zacks Consensus Estimate over the last 30 days [5] - For the full year, the earnings estimate is $0.73 per share, indicating a +69.77% change from the year-ago figure, with a 260% increase in the consensus estimate over the past month [6] Zacks Rank - Radware has earned a Zacks Rank 2 (Buy), indicating a favorable outlook based on the positive estimate revisions [8] - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [8] Stock Performance - Radware's stock has increased by 21.4% over the past four weeks due to strong estimate revisions, suggesting potential for further upside [9]

Core Viewpoint - Radware (RDWR) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is effective for individual investors as it focuses on earnings estimate revisions, which are strongly correlated with near-term stock price movements [2][3]. - Institutional investors rely on earnings estimates to determine a company's fair value, leading to stock price movements based on their buying or selling activities [3]. Business Improvement Indicators - The upgrade in Radware's rating suggests an improvement in the company's underlying business, which should encourage investors to drive the stock price higher [4]. - For the fiscal year ending December 2024, Radware is expected to earn $0.73 per share, reflecting a 69.8% increase from the previous year, with a 260% increase in the Zacks Consensus Estimate over the past three months [7]. Zacks Rank System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6]. - Only the top 20% of Zacks-covered stocks receive a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions and potential for market-beating returns [8][10].