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MAHWAH, N.J., March 27, 2024 (GLOBE NEWSWIRE) -- Radware^® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today introduced a new evolution of its Radware Bot Manager, now equipped with AI-based protections. Designed to prioritize the end user experience and meet the needs of enterprise security teams, it proactively and surgically mitigates a new generation of aggressive AI-driven, human-like bots without blocking legitimate users.

"The newest edition of our Radware Bot Manager is primed to fight AI with AI," said Gabi Malka, Radware's chief operating officer. "Generative AI tools are being used by hackers to create and debug never-before-seen scripts in minutes and then launch bot attacks that mimic legitimate human traffic to evade detection. Radware Bot Manager is designed to automatically defend against these sophisticated attacks, protecting the end user experience and assisting in reducing costly business impacts, including customer churn, low conversion rates, fines, and lost revenues."

The high-volume AI-driven bot attacks are overloading application infrastructures by circumventing standard bot management solutions that rely on predefined and known signatures, CAPTCHAs, and rate limiting for defense. Today, nearly a third of internet traffic is made up of bad bots that are used to scrape website content without permission, steal data, take over accounts, poach user credentials, and commit fraud and other malicious activities.

To provide comprehensive application security, Radware's automated AI-based Bot Manager takes a proactive three-pronged approach to protection. This includes:

• Preemptive protection: Preemptively blocks unwanted IPs and identities, automatically preventing noise and garbage bot traffic from reaching applications by using Radware's proprietary technology. This includes Radware's one-of-a-kind AI-based Correlation Engine, iOS and Android device attestation for mobile apps, and new advanced behind-the-scenes identity challenges for web applications.
• Behavioral-based detection: Uses AI- and intent-based detection algorithms to detect zero-day bot scripts, human-like bots, and sophisticated distributed attacks. New product features automatically and accurately detect IP and ID Rotators, HTTP Header Anomalies, CAPTCHA Farms, and Distributed Traffic Anomalies.
• Advanced mitigation: Offers a wide array of mitigation options, including CAPTCHA-less crypto challenges based on blockchain algorithms and new AI-based, real-time signature generation for highly accurate and granular protection.
  

Radware Bot Manager is part of the company's Cloud Application Protection Service, which offers a one-stop-shop for comprehensive, agnostic application protection. The service also includes the company's leading web application firewall, as well as API, client-side, and application-layer DDoS protection. Combining end-to-end automation, behavioral-based detection, and 24/7 managed services, the solution is designed to offer organizations the highest level of application protection with the lowest level of false positives.

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 of cyber security and application delivery solutions for physical, cloud, and software defined data centers. Its award-winning solutions portfolio secures the digital experience by providing infrastructure, application, and corporate IT protection, and availability services to enterprises globally. Radware's solutions empower enterprise and carrier customers worldwide to adapt to market challenges quickly, maintain business continuity, and achieve maximum productivity while keeping costs down. For more information, please visit the Radware website.

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©2024 Radware Ltd. All rights reserved. Any Radware products and solutions mentioned in this press release are protected by trademarks, patents, and pending patent applications of Radware in the U.S. and other countries. For more details, please see: https://www.radware.com/LegalNotice/. All other trademarks and names are property of their respective owners.

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.

The contents of any website or hyperlinks mentioned in this press release are for informational purposes and the contents thereof are not part of this press release.

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 Bot Manager is designed to automatically defend and protect the end user experience and assist in reducing costly business impacts, including customer churn, low conversion rates, fines, and lost revenues, 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.