Radware wins cyber-defense contract from financial services firm

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Radware, a Mahwah-based provider of application delivery and security solutions, said Thursday it has won a multimillion-dollar contract from a national financial services company.The unnamed company, based on the West Coast, will use Radware’s DefensePro, a real-time, behavioral-based attack mitigation device designed to fend off cyber-crime such as denial of service attacks and data breaches. DefensePro will be implemented at multiple U.S. data centers, along with Radware’s AlteonNG decryption and load balancing software.

“Financial institutions are on the front-lines of cyber-attacks, and detecting and mitigating these attacks with a high degree of quality and in real time is critical,” Carl Herberger, vice president of security solutions for Radware, said in a prepared statement. “Realizing this, attackers are beginning to encrypt their attacks with SSL (secure sockets layer encryption protocol) to complicate a bank’s protection capabilities. Considering this, the investment of deploying DefensePro with SSL protections in several of their data centers will help secure their networks, applications, and most of all, customer data.”

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