Radware Signs Managed Security Service Provider Reseller Agreement with Feenix Communications
MAHWAH, N.J., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Radware®, a leading provider of cyber security and application delivery solutions, announced it signed a managed security service provider (MSSP) reseller agreement with Feenix Communications Limited, a multi-carrier telecommunications company providing solutions to the service provider industry. Based on the agreement, Feenix Communications plans to resell Radware’s application and network security solutions to its network integrator and internet service provider customers in New Zealand.
The portfolio of solutions includes Radware’s Cloud Application Protection Services, Cloud DDoS Protection Service, and DefensePro® DDoS Protection. The industry leading protection can be tailored to suit on premise, hybrid, and cloud environments.
In addition to becoming a MSSP reseller, Feenix Communications has been a Radware customer for seven years, using Radware’s DefensePro DDoS Protection within its network.
“Over the past seven years, we have been amazed and delighted regarding Radware’s remarkable patented behavioural analysis algorithms and ability to avoid false positives and false negatives with automated detection, mitigation, and data scrubbing,” said Richard Cohen, executive director at Feenix Communications. “Now, we are looking forward to expanding our relationship with Radware as a MSSP reseller of its technologies in New Zealand. With experience operating our own DDoS and web application firewall infrastructure, we are well positioned to implement Radware’s security along with our network embedded solutions on a stand-alone or hybrid basis.”
Radware's network and application security solutions have received numerous awards. 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.
“It’s incredibly rewarding to be able to grow a well-established customer relationship into a trusted partnership,” said Graeme Pyper, Radware’s regional director for Australia and New Zealand. “Working with Feenix Communications, we intend to bring our joint services to network integrators and internet service providers in New Zealand, helping them elevate protection levels at a time when cyber threats are increasing in frequency, complexity, and severity.”
According to Radware’s First Half 2023 Global Threat Analysis Report, service providers were among the industries shouldering the most DDoS attack volumes. Service providers faced half (50%) of the DDoS attack volume in APAC during the first six months of 2023, followed by retail (21%) and gaming (9%).
Radware's market leading DDoS protection solution, including its DefensePro and Cloud DDoS Protection Service, leverages patented behavioral-based detection as well as advanced, automated signature creation and web DDoS attack mitigation to protect organizations against today’s most damaging DDoS threats. This includes Burst, DNS, and Web DDoS Tsunami attacks along with ransom DDoS campaigns, IoT botnets, phantom floods, and other types of cyber threats.
Radware's Cloud Application Protection Services provide comprehensive, agnostic application security through the company’s web application firewall (WAF), bot detection and management, API protection, client-side protection, 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.
About Feenix Communications Limited
Feenix Communications is a wholesale provider of secure network services and design/build/operate services as well as a technology distributor for the New Zealand and Australian ICT sectors. Feenix has also invested extensively in automating business and operational support systems.
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.
Radware encourages you to join our community and follow us on: Facebook, LinkedIn, Radware Blog, Twitter, YouTube, and Radware Mobile for iOS and Android.
©2023 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 that working with Feenix Communications, we intend to bring our joint services to network integrators and internet service providers in New Zealand, we are using a forward-looking statement. 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 and volatility of the market for our products; the effects of the current attacks by the terrorist groups Hamas and Hezbollah, and the war between Israel and Hamas and Israel and Hezbollah; 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 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; our ability to successfully implement our strategic initiative to accelerate our cloud business; our ability to expand our operations effectively; timely availability and customer acceptance of our new and existing solutions; risks and uncertainties relating 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 market for cyber security and application delivery solutions and in our industry in general, and changes in the competitive landscape; changes in government regulation; outages, interruptions, 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 may become impaired; our dependence on independent distributors to sell our products; long sales cycles for our solutions; changes in foreign currency exchange rates; undetected defects or errors in our products or a failure of our products to protect against malicious attacks; the availability of components and manufacturing capacity; the ability of vendors to provide our hardware platforms and components for our main accessories; our ability to protect our proprietary technology; intellectual property infringement claims made by third parties; changes in tax laws; our ability to realize 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 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
Gerri.Dyrek@radware.com
