Radware introduces new encryption mitigation algorithms for

  • Interrupts attack automation; drains resources and motivation of bad actors to attack
  • Creates a new zero-trust posture for publicly exposed web and API applications

MAHWAH, NJ, July 20, 2022 (GLOBE NEWSWIRE) — Radware® (NASDAQ: 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 methodologies, the algorithms help close security loopholes that allow sophisticated bots to evade traditional CAPTCHA solutions to harm a website or app. At the same time, they allow genuine website visitors to enjoy a frictionless, CAPTCHA-free user experience.

“The problem of bad bots continues to grow for businesses large and small. Bad bots are used for everything from retrieving concert tickets and storing infant formula and video game consoles to account takeovers and credit card fraud,” said Dr. David Aviv, Chief Technology Officer of Radware. “While CAPTCHAs are a popular mitigation option and work for some use cases, they are no longer able to defend against today’s scalable and sophisticated bots. Organizations need to move from a single solution traditional to a multi-layered defense mechanism capable of mitigating even the most advanced bot attacks.”

According to research by Radware, there has been a 144% increase in Gen 4 bot attacks between 2021 and 2022. Although using CAPTCHAs has been the most popular method of preventing bad bots from accessing websites, CAPTCHAs can lead to poor user experience, customer frustration and unsubscribe. Additionally, by using various techniques to avoid digital fingerprinting as well as anti-CAPTCHA plugins and CAPTCHA resolution farms, bot masters can avoid CAPTCHAs altogether, making it harder than ever to protect users. Internet properties against bots.

To counter these tactics, Radware’s new encryption mitigation algorithms form the basis of a new zero-trust posture for publicly exposed web and API applications. Because the mitigation takes place behind the scenes, it is invisible to visitors, which not only makes it difficult to handle bad actors, but also creates a more seamless web experience for end users. To enhance application security, mitigation is also continuous. It works with near-zero grace periods to keep malicious bots busy and drain their resources, as well as curb the bot master’s motivation to attack.

For two consecutive years, Radware has been recognized as the technology leader in Quadrant Knowledge Solutions’ SPARK Matrix™: Bot Management analytics in 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.

Businesses can estimate the financial costs their business incurs from malicious bots, based on their industry, traffic volumes, revenue, and infrastructure costs with Radware’s Bad Bot Business Impact Calculator.

About Radware
Radware® (NASDAQ: RDWR) is a global leader in cybersecurity and application delivery solutions for physical, cloud and software-defined data centers. Its award-winning portfolio of solutions secures the digital experience by providing enterprise IT infrastructure, applications and protection, and availability services to enterprises worldwide. Radware’s solutions enable businesses and operators around the world to quickly adapt to market challenges, maintain business continuity, and achieve maximum productivity while reducing costs. For more information, please visit the Radware website.

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Radware believes that the information contained herein is accurate in all material respects as of the date of its publication. However, the information is provided without any express, statutory or implied warranty and is subject to change without notice.

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Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. -see the statements. Generally, forward-looking statements can be identified by words such as “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans” and similar expressions or future or conditional verbs such as “will”, “should”, “should”, “may”, and “could”. malware and exhaust their resources as well as to curb the bot master’s motivation to attack, we use a forward-looking statement. Because these statements address future events, they are subject to various risks and uncertainties, and the actual results expressed or implied by these forward-looking statements could differ materially from Radware’s current forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions and market volatility for our products; natural disasters and public health crises, such as the coronavirus disease 2019 (COVID-19) pandemic; a shortage of components or manufacturing capacity could cause a delay in our ability to fulfill orders or increase our manufacturing costs; our business may be affected by sanctions, export controls and similar measures, targeting Russia and other countries and territories, as well as other responses to the Russian military conflict in Ukraine, including the indefinite suspension operations in Russia and relationships with Russian entities by numerous multi-national companies in a variety of industries; our ability to successfully implement our strategic initiative to accelerate our cloud business; our ability to effectively expand our operations; the 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 onset 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 regulations; failures, interruptions or delays of the 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 reliance on independent distributors to sell our products; long sales cycles for our solutions; changes in currency exchange rates; undetected defects or errors in our products or failure of our products to protect against malicious attacks; component availability and manufacturing capacity; the ability of suppliers to supply our hardware platforms and components for our major accessories; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; 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 have little or no control. This list is intended to identify only some of the major factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, see Radware’s Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC), and other risk factors discussed from time to time. by Radware in reports filed with, or provided to, the SEC. Forward-looking statements speak only as of the date they are made and, except as required by applicable law, Radware does not undertake to revise or update any forward-looking statement to reflect new events or circumstances after the date on which such declaration is made. Radware’s public filings are available on the SEC’s website at www.sec.gov or may be obtained from Radware’s website at www.radware.com.

Media Contact:
Gerri Dyrek
[email protected]

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