MAHWAH, N.J., July 31, 2024 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced the launch of its proprietary Radware EPIC-AI™, which adds multiple layers of AI-powered intelligence and capabilities across its application and network security solutions and services. EPIC-AI infuses state-of-the-art AI and generative AI algorithms across Radware’s security solutions to deliver precise, hands-free, consistent protections across cloud, on-prem, and hybrid environments. The AI-based innovations are designed to help organizations not only significantly improve real-time attack detection and mitigation, but also reduce mean time to resolution (MTTR), gain more control over their security, and protect their brands.

“The growing use of automated and AI-enabled cyber attack tools combined with new, stricter regulatory requirements and a shortage of cybersecurity experts continue to increase exposure and risk for organizations worldwide,” said Roy Zisapel, Radware’s president and CEO. “In keeping with Radware’s fight AI-with-AI approach to security, the launch of EPIC-AI gives organizations the modern tools they need to stay ahead of evolving cyberthreats and business challenges. Real-time, precise, hands-free protection consistently applied across any application environment—that’s the unmatched power and intelligence behind EPIC-AI. Today, we are introducing a new AI-based approach to security that we plan to build upon going forward.”

Recently, industry analyst GigaOm evaluated the AI protection capabilities of 13 security providers in its 2024 Radar for Application and API Security (AAS) Report. For AI protection capabilities, the GigaOm report notes, “Radware is the only vendor in this analysis to earn a top score on the AI-enhanced vulnerability detection criterion. Radware includes everything that we currently look for in this feature; the AI vulnerability enhancement system uses both IP and application layer information to learn of attacks to protect against and offer suggestions to IT.”

Powered by EPIC-AI, Radware’s security solutions provide a multi-layered integrated platform that offers:

• Integration across multiple enforcement points, including Radware’s own products and cloud services as well as third-party services, to uniformly apply security policies, signatures, and rules regardless of where an application resides. This unmatched approach provides organizations the consistent protection they are seeking across on-prem and public cloud environments.
• Real-time cloud protection engines with AI-powered Web DDoS, DNS, bot, and API protection that set Radware apart from the competition. To arm customers in their fight against AI-based attacks, each engine is AI-powered with machine-learning algorithms designed to automatically identify and surgically block malicious activity.
• Cross-platform AI reasoning that uniquely correlates threat intelligence and data driven feeds across the real-time protection engines to help preemptively block malicious sources. To help combat all-in-one attack tools and a wide range of cyberthreats, the platform can use AI-driven algorithms to identify a malicious event in one engine and block it in another or across different applications.
• AI-Driven SOC capabilities that enable 24×7, AI-empowered managed services and automated security management and operations. These services can be used by organizations to quickly identify the root causes of an incident and automatically solve it, reducing mean time to resolution from days and hours to minutes.

According to Radware customers:

• “Radware’s AI-powered solutions provide robust, real-time threat protection, empowering businesses with unmatched security and confidence.” Ayesha Lata, security solutions engineer, Fiji National University
• “The current cyberthreat landscape has been disrupted with new types of attacks created with the help of artificial intelligence. Radware’s AI-based solutions have helped us better understand our threat landscape and protect ourselves more efficiently against new types of attacks so that the availability of our services is not negatively impacted.” Diego Del Portillo, head of cybersecurity, Puerto de Barranquilla, Sociedad Portuaria
• “We chose Radware not only for the excellent results they produced in the concept testing, but also for their AI-powered technologies and the global cost of the projects.” Mario Corpas Granda, ICT consultant, ASAC Comunicaciones

Radware has received numerous awards for its application and network security solutions. Industry analysts such as Aite-Novarica Group, Forrester Research, Gartner, GigaOm, KuppingerCole, and Quadrant Knowledge Solutions continue to recognize Radware as a market leader in cyber security.

About Radware
Radware® (NASDAQ: RDWR) is a global leader in application security and delivery solutions for multi-cloud environments. The company’s cloud application, infrastructure, and API security solutions use AI-driven algorithms for precise, hands-free, real-time protection from the most sophisticated web, application, and DDoS attacks, API abuse, and bad bots. Enterprises and carriers worldwide rely on Radware’s solutions to address evolving cybersecurity challenges and protect their brands and business operations while reducing costs. For more information, please visit the Radware website.

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

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Safe Harbor Statement
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radware’s plans, outlook, beliefs, or opinions, are forward-looking statements. Generally, forward-looking statements may be identified by words such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “plans,” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could.” For example, when we say in this press release that our AI-based innovations are designed to help organizations not only significantly improve real-time attack detection and mitigation, but also reduce mean time to resolution, gain more control over their security, and protect their brands, we are using forward-looking statements. Because such statements deal with 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 forecasts and estimates. Factors that could cause or contribute to such differences include, but are not limited to: the impact of global economic conditions, including as a result of the state of war declared in Israel in October 2023 and instability in the Middle East, the war in Ukraine, and the tensions between China and Taiwan; our dependence on independent distributors to sell our products; our ability to manage our anticipated growth effectively; 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 Russia’s military conflict in Ukraine, including indefinite suspension of operations in Russia and dealings with Russian entities by many multi-national businesses across a variety of industries; the ability of vendors to provide our hardware platforms and components for the manufacture of our products; our ability to attract, train, and retain highly qualified personnel; intense competition in the market for cyber security and application delivery solutions and in our industry in general, and changes in the competitive landscape; our ability to develop new solutions and enhance existing solutions; the impact to our reputation and business in the event of real or perceived shortcomings, defects, or vulnerabilities in our solutions, if our end-users experience security breaches, if our information technology systems and data, or those of our service providers and other contractors, are compromised by cyber-attackers or other malicious actors or by a critical system failure; outages, interruptions, or delays in hosting services; the risks associated with our global operations, such as difficulties and costs of staffing and managing foreign operations, compliance costs arising from host country laws or regulations, partial or total expropriation, export duties and quotas, local tax exposure, economic or political instability, including as a result of insurrection, war, natural disasters, and major environmental, climate, or public health concerns, such as the COVID-19 pandemic; our net losses in the past two years and possibility we may incur losses in the future; a slowdown in the growth of the cyber security and application delivery solutions market or in the development of the market for our cloud-based solutions; long sales cycles for our solutions; risks and uncertainties relating to acquisitions or other investments; risks associated with doing business in countries with a history of corruption or with foreign governments; changes in foreign currency exchange rates; risks associated with undetected defects or errors in our products; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; laws, regulations, and industry standards affecting our business; compliance with open source and third-party licenses; and other factors and risks over which we may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. For a more detailed description of the risks and uncertainties affecting Radware, refer to Radware’s Annual Report on Form 20-F, filed with the Securities and Exchange Commission (SEC), and the other risk factors discussed from time to time by Radware in reports filed with, or furnished to, the SEC. Forward-looking statements speak only as of the date on which they are made and, except as required by applicable law, Radware undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made. Radware’s public filings are available from the SEC’s website at www.sec.gov or may be obtained on Radware’s website at www.radware.com.

Media Contact:
Gerri Dyrek
Radware
[email protected]

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