Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, has announced that it has expanded its relationship with a leading African banking group, which is one of the 10 most valuable African banking brands.
As part of the new agreement, the customer added Radware’s Cloud Web Application Firewall (WAF) Service, Bot Manager andEmergency Response Team Services to its existing Radware solutions. The customer also uses Radware’s DefensePro® DDoS Protection and hybrid Cloud DDoS Protection Service.
Today, the financial services institution provides banking services to millions of customers. With malicious bot attacks pressuring its infrastructure and disrupting user services, the bank turned to Radware to bolster its application security. The customer wanted to detect more accurately and distinguish between legit customers, good bots and bad bots, as well as improve the mitigation of a growing array of automated attacks.
“Applications are the core of a financial services business. They are the primary revenue drivers, growth and retention engines, and main customer engagement platform,” said Yoav Gazelle, Radware’s chief business officer.
“Radware’s one-stop-shop for cloud security services keeps banks and their applications protected against emerging threat vectors as their business grows. We were able to expand this customer relationship due to the technical strength and ease of use of our products, quick response times, seamless onboarding, and dashboard visibility.”
Radware’s application security continues to earn industry recognition. Radware was named a technology leader inKuppingerCole’s 2022 Leadership CompassReport for WAFs and Quadrant Knowledge Solutions’ 2021 SPARK MatrixTM: WAF analysis.
Radware’s WAF solution protects users fromweb application and OWASP top-10 attacks, access violations, attacks disguised behind CDNs, API manipulations, advanced HTTP attacks, brute force attacks, and other threats.
For customers facing application and network-layer DDoS attacks, Radware’s emergency
response team provides 24×7 support and mitigation services. The group of security experts bolsters an organisation’s security capabilities and resources by leveraging industry-leading experience, best practices, and real-time threat intelligence.