Radware Lands Multi-Million Dollar Contract for Advanced DDoS Protection in Asia Amid Growing Cyber Threats

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Radware, a leading cybersecurity and application delivery solutions provider, has inked a million-dollar contract to provide advanced Distributed Denial-of-Service (DDoS) protection to a leading tax authority in Asia. This contract includes a robust defense against volumetric layer 7 DDoS attacks touted as one of the most targeted and detrimental cyber threats.

In cybersecurity terms, volumetric attacks aim to flood the network with unnecessary requests to cripple the system and cause a complete downtime. Critically, layer 7 attacks specifically target the application layer of a network’s protocol, disrupting application processing functions. Over the last few years, layer 7 DDoS attacks have rapidly proliferated, escalating the necessity of resilient defense systems capable of safeguarding the network.

Radware’s solution suite mixes traditional and modern methods to tackle these increasingly complex layer 7 DDoS attacks by incorporating elements of rate-based and behavioral-based detection to bolster network defenses.

The company has also been making considerable advancements in its Cloud Application and Network Security Services. Recently, Radware introduced a load balancing service to further optimize online resources which can protect and uphold performance during high traffic periods. Alongside, Radware also upgraded its cloud network analytics to provide deep visibility into security records and yield insights that can further fortify their cybersecurity solutions.

In the recent Radware 2024 report, the company noted a significant 171% increase in malicious web applications and API transactions triggered by layer 7 web DDoS attacks, emphasizing the growing threat these attacks present in our increasingly digital landscape.

Radware’s cybersecurity and application delivery portfolio’s continuous evolution indicates its commitment to providing organizations with the tools necessary to protect their networks from an ever-changing array of cyber threats. This multi-million-dollar agreement further strengthens Radware’s foothold in the Asia-Pacific cybersecurity market.

In a world increasingly reliant on digital infrastructure, such strategic partnerships and advancements are crucial in protecting user data and maintaining the integrity of systems against evolving cybersecurity threats.

Source for this article: Based on Radware Ltd ’s official statement
For details on how CSIMarket validates financial and corporate news, please review our Editorial Standards & Fact-Checking Policy .
Tags:
#ProductServiceNews, #Radware, #customers, #DDoS, #DDoSAttack, #DDoSMitigation, #TaxIssues/Accounting, #RDWR, #Radware Ltd, #Professional Services
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