Radware First to Offer Comprehensive Protection Against Recent Wave of Cyber Attacks...

Radware First to Offer Comprehensive Protection Against Recent Wave of Cyber
Attacks Which Strike US and South Korean Government and Commercial Websites
Company's Security Research Team Works With Affected Customer to Devise
Solution

MAHWAH, New Jersey, July 10 /PRNewswire-FirstCall/ -- Radware (NASDAQ:
RDWR), the leading provider of integrated application delivery solutions for
business-smart networking, today announced it is the first to offer
protection against the cyber attacks that recently caused the slowdown or
crash of approximately 27 websites - government and commercial - in the US
and Korea and is still ongoing.
The attacks, which appear to be a variant of the MyDoom (defined as
MyDoom.EA) worm potentially delivered through an email payload, generated a
well-coordinated distributed denial of service (DDoS) offensive on
pre-selected targets. The attacks caused havoc for government and commercial
websites beginning on the 4th of July weekend in the US and spreading to
South Korean government and commercial websites with the attacks being
renewed again on the 9th. Approximately 50-65,000 computers were recruited
into the botnet, which flooded target websites, such as the Federal Trade
Commission, New York Stock Exchange, and Yahoo! Finance in the U.S. and
Shinhan Bank, Naver.com and the Defense Ministry of South Korea, with access
requests causing them to slow or crash.
Radware's Security Operations Center (SOC) that also identified and
offered a fix for the recent "Slow Loris" denial-of-service attack and the
iPhone Safari vulnerability, quickly mobilized to devise a solution with an
affected customer. The end result was the creation of signatures that protect
these sites and others at risk from this newly created wave of cyber attacks
that while deceptively simple, still managed to evade the defense mechanisms
of the affected sites. The signatures will be available for download for
customers in a few hours on Radware's website at:
http://www.radware.com/Customer/SecurityZone/default.aspx.
"Attacks like these can be highly detrimental to the running of a
government agency or a business," stated Avi Chesla, Vice President Security
Products, Radware. "These types of incidents once again demonstrate the
advantages of implementing a hybrid solution like DefensePro. DefensePro's
unique APSolute Immunity capabilities offer a powerful combination of
real-time behavioral identification and protection, which are supplemented by
traditional, research-based signatures for comprehensive attack prevention
and mitigation."
About Radware
Radware (NASDAQ:RDWR), the global leader in integrated application
delivery solutions, assures the full availability, maximum performance, and
complete security of business-critical applications for nearly 10,000
enterprises and carriers worldwide. With APSolute(TM), Radware's
comprehensive and award-winning suite of intelligent front-end, access, and
security products, companies in every industry can drive business
productivity, improve profitability, and reduce IT operating and
infrastructure costs by making their networks "business smart." For more
information, please visit http://www.radware.com.
This press release may contain forward-looking statements that are
subject to risks and uncertainties. Factors that could cause actual results
to differ materially from these forward-looking statements include, but are
not limited to, general business conditions in the Application Switching or
Network Security industry, changes in demand for Application Switching or
Network Security products, the timing and amount or cancellation of orders
and other risks detailed from time to time in Radware's filings with the
Securities and Exchange Commission, including Radware's Form 20-F.
Media Relations:
Joyce Anne Shulman
+1-201-785-3209
joyceannes@radware.com

SOURCE Radware Ltd

Media Relations: Joyce Anne Shulman, +1-201-785-3209, joyceannes@radware.com