Radware Introduces New Crypto – GuruFocus.com

  • Interrupts attack automation; exhausts the bad actors’ resources and motivation to attack
  • Creates a new Zero Trust attitude for public facing web and API applications

MAHWAH, NJ, July 20, 2022 (GLOBE NEWSWIRE) — Radware® (RDWR), a leading provider of cybersecurity and application delivery solutions, announced that it has enhanced its Bot Manager with a new set of crypto mitigation algorithms. Inspired by blockchain methods, the algorithms help close security loopholes that allow sophisticated bots to bypass traditional CAPTCHA solutions to harm a website or application. At the same time, they enable real website visitors to have a smooth, CAPTCHA-free user experience.

“The problem of malicious bots is increasing for businesses large and small. Malicious bots are used for everything from looting concert tickets and stockpiling baby formula and video game consoles to account takeovers and credit card fraud,” said Dr. David Aviv, Radware’s Chief Technology Officer. “While CAPTCHAs are a popular defense option and work for some use cases, they are no longer able to defend against today’s scalable and sophisticated bots. Enterprises need to move from a traditional one-size-fits-all solution to a layered defense mechanism that can mitigate even the most advanced bot attacks.”

According to Radware research, there was a 144% increase in Gen 4 bot attacks between 2021 and 2022. While using CAPTCHAs has been the most popular way to prevent malicious bots from entering websites, CAPTCHAs can result in poor user experience. Customer frustration and churn. Furthermore, by employing various digital fingerprint bypass techniques, as well as anti-CAPTCHA plugins and CAPTCHA solution farms, bot masters can completely avoid CAPTCHAs, making the security of Internet properties from bots more of a challenge than ever.

To counter these tactics, Radware’s new encryption algorithms lay the foundation for a new zero-trust stance for public-facing web and API applications. Since mitigation takes place behind the scenes, it is invisible to visitors, not only making it difficult for attackers to manipulate, but also creating a more seamless web experience for end users. In order to increase application security, damage limitation is also carried out continuously. It operates with almost zero grace periods to employ malicious bot machines and exhaust their resources as well as contain the bot master’s attack motivation.

For two consecutive years, Radware has been recognized as a technology leader in Quadrant Knowledge Solutions’ SPARK Matrix™: Bot Management analysis of the global bot management market. Radware Bot Manager protects against all forms of automated attacks, including account takeover, inventory denial, application DDoS, ad and payment fraud, and web scraping.

Radware’s Bad Bot Business Impact Calculator allows organizations to estimate the financial cost that malicious bots incur to their organization based on their industry, traffic levels, revenue, and infrastructure costs.

About Radware
wheel goods® (RDWR) is a leading global provider of cybersecurity and application delivery solutions for physical, cloud and software-defined data centers. Its award-winning portfolio of solutions secures the digital experience by delivering infrastructure, application and enterprise IT protection and availability services to businesses worldwide. Radware’s solutions empower enterprise and operator customers worldwide to quickly adapt to market challenges, maintain business continuity and achieve maximum productivity while keeping costs down. Visit the Radware website for more information.

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Safe Harbor Declaration
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements made herein that are not statements of historical fact, including statements about Radware’s plans, prospects, beliefs or opinions are forward-looking statements. Generally, forward-looking statements can be identified by words such as “believe”, “expect”, “anticipate”, “intend”, “estimate”, “plan” and similar expressions or verbs in the future or with terms such as “will”, “should” , “would”, “may” and “could”. For example, when we say that Radware’s Bot Manager operates with near-zero grace periods to keep malicious bot machines busy and exhausting their resources as well as to curb the attack motivation of the botmaster, We use a forward-looking statement. Because such statements address future events, they are subject to various risks and uncertainties, and actual results expressed or implied by such forward-looking statements could differ materially from Radware’s current projections and estimates. Factors that could cause or contribute to such differences include, among others: the impact of global economic conditions and the volatility of the market for our products; natural disasters and public health crises, such as the 2019 coronavirus disease (COVID-19) pandemic; a lack of components or manufacturing capacity could delay our ability to fill orders or increase our manufacturing costs; Our business may be affected by sanctions, export controls and similar measures against Russia and other countries and territories, and other responses to Russia’s military conflict in Ukraine, including the indefinite suspension of many multinationals from doing business in Russia and trading with Russian companies – national companies in a variety of industries; our ability to successfully execute our strategic initiative to accelerate our cloud business; our ability to effectively expand our business; timely availability and customer acceptance of our new and existing solutions; risks and uncertainties related to acquisitions or other investments; the impact of economic and political uncertainties and weaknesses in various regions of the world, including the commencement or escalation of hostilities or acts of terrorism; intense competition in the cybersecurity and application delivery solutions market and in our industry generally and changes in the competitive landscape; changes in government regulation; failures, disruptions or delays in hosting services or our internal network system; compliance with open source and third party licenses; the risk that our intangible assets or goodwill will be impaired; our dependence on independent dealers to sell our products; long sales cycles for our solutions; changes in foreign currency exchange rates; undetected defects or errors in our products or failure of our products to protect against malicious attacks; the availability of components and manufacturing capabilities; the ability of vendors to provide our hardware platforms and components for our core accessories; our ability to protect our proprietary technology; claims of third parties for intellectual property infringement; changes in tax laws; our ability to achieve our investment objectives for our cash and liquid investments; our ability to attract, train and retain highly qualified personnel; and other factors and risks over which we may have little or no control. This list is intended to identify only a few of the key factors that could cause actual results to differ. A more detailed description of the risks and uncertainties affecting Radware can be found in Radware’s Annual Report on Form 20-F filed with the Securities and Exchange Commission (SEC) and the other risk factors disclosed by Radware from time to time discussed in filing reports with or submitted to the SEC. Forward-looking statements speak only as of the date on which they are made, and Radware undertakes no obligation to revise or update any forward-looking statement to reflect events or circumstances after the date such statement is made, except as required by applicable law is made . Radware’s public filings are available on the SEC’s website at www.sec.gov or on Radware’s website at www.radware.com.

Media contact:
Gerry Dyrek
wheel goods
[email protected]

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