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Ecobank Deploys Radware’s Attack Mitigation Solution to Protect its Infrastructure - Radware® announced that it now protects Ecobank’s infrastructure from cyber-attacks with Radware’s Hybrid Attack Mitigation Solution - Ecobank.com / Radware.com
Ecobank Deploys Radware’s Attack Mitigation Solution to Protect its Infrastructure

 

NewswireToday - /newswire/ - Tel Aviv, Israel, 2017/09/12 - Radware® announced that it now protects Ecobank’s infrastructure from cyber-attacks with Radware’s Hybrid Attack Mitigation Solution - Ecobank.com / Radware.com. NASDAQ: RDWR

   
 
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Radware®, a leading provider of cyber security and application delivery solutions, announced today that it now protects Ecobank’s infrastructure from cyber-attacks with Radware’s Hybrid Attack Mitigation Solution, which includes both on-premises and cloud-based Distributed-Denial-of-Service (DDoS) mitigation.

Ecobank is a leading pan-African bank with operations in 36 countries across the continent, providing financial solutions to businesses, governments and individual customers. The bank was in the process of redesigning its network when it turned to Radware to help protect its infrastructure from cyber-attacks.

As a leading financial institution, Ecobank cannot afford any downtime. It needs a solution that can automatically protect it from a wide range of attacks and keep its operations running, even while fending off attack. Radware’s Attack Mitigation Solution (AMS) including DefensePro® in the perimeter, Cloud DDoS Protection Services and Defense SSL protection now provides them with integrated and comprehensive attack protection from one provider.

“The financial services industry suffered 44 million cyber-attacks in 2016, making it the most targeted industry,” according to Radware’s 2016-17 Global Application & Network Security Report. Not only is the financial industry at high risk, but hackers have taken advantage of this shift by using SSL (Secure Sockets Layer) encryption to conceal their attacks. According to Mozilla Firefox, SSL encrypted traffic represented 50% of all internet traffic, up 10% just in 2016.

“We selected Radware as our attack mitigation partner because they offered the most advanced and comprehensive attack mitigation solution available,” said Ababacar Sedikhe Diagne, Head, Telecoms and Network of Ecobank. “Radware’s solution provides us with automatic detection and mitigation of advanced, volumetric, and encrypted attacks. We love that we can work with one vendor to protect both our cloud and on-premises infrastructure and we have high confidence in the Radware team, who consistently goes the extra mile to support us.”

“Ecobank evaluated Radware’s technology thoroughly,” said Yoav Gazelle, Vice President of EMEA & CALA for Radware. “Our integrated solution proved to be the most thorough and responsive of all the solutions tested. Radware’s AMS gives the customer expansive regional coverage and comprehensive business risk mitigation to support their multi-national operation.”

Radware’s family of DDoS security solutions provides integrated application and network security for a best of breed, multi-layered security architecture and DDoS attack prevention. Radware provides the highest protection accuracy with patent-protected behavioral based detection to protect legitimate traffic and real-time signature creation for zero-day attack protection. Radware's hybrid DDoS protection integrates always-on detection and mitigation (on-premises or in the cloud) with cloud-based volumetric DDoS attack prevention, scrubbing and 24x7 Emergency Response Team (ERT) support. Radware’s Defense SSL protection supports all types of encrypted attacks, inkling TCP SYN Floods, SSL Negotiation Floods, HTTPS Floods and Encrypted Web Attacks.

About Ecobank
Incorporated in Lomé, Togo, Ecobank Transnational Incorporated (ETI) is the parent company of the leading independent pan-African banking Group, Ecobank, present in 36 African countries. The Ecobank Group (ecobank.com) is also represented in France through its subsidiary EBI SA in Paris. ETI also has representative offices in Dubai-United Arab Emirates, London-UK, Beijing-China, Johannesburg-South Africa, and Addis Ababa-Ethiopia. ETI is listed on the stock exchanges in Lagos, Accra, and the West African Economic and Monetary Union (UEMOA) the BRVM in Abidjan. The Group is owned by more than 600,000 local and international institutional and individual shareholders. It employs over 17,000 people in 40 different countries in over 1,200 branches and offices. Ecobank is a full-service bank, providing wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organisations, medium, small and micro businesses and individuals.

About Radware
Radware® (radware.com), is a global leader of application delivery and cyber security solutions for virtual, cloud and software defined data centers. Its award-winning solutions portfolio delivers service level assurance for business-critical applications, while maximizing IT efficiency. Radware’s solutions empower more than 10,000 enterprise and carrier customers worldwide to adapt to market challenges quickly, maintain business continuity and achieve maximum productivity while keeping costs down.

©2017 Radware Ltd. All rights reserved. Radware and all other Radware product and service names are registered trademarks or trademarks of Radware in the U.S. and other countries. All other trademarks and names are property of their respective owners. The Radware products and solutions mentioned in this press release are protected by trademarks, patents and pending patent applications.

Safe Harbor Statement
This press release may contain statements concerning Radware’s future prospects that are “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Statements preceded by, followed by, or that otherwise include the words "believes","expects","anticipates","intends","estimates","plans", and similar expressions or future or conditional verbs such as "will","should","would","may" and "could" are generally forward-looking in nature and not historical facts. For example, we cannot guarantee such partnerships in the future. 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; changes in the competitive landscape; inability to realize our investment objectives; timely availability and customer acceptance of our new and existing products; risks and uncertainties relating to acquisitions; 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; Competition in the market for Application Delivery and Network Security solutions and our industry in general is intense; and other factors and risks on 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, reference is made to Radware’s Annual Report on Form 20-F, as amended, which is on file 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 sec.gov or may be obtained on Radware’s website.

 
 
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Ecobank Deploys Radware’s Attack Mitigation Solution to Protect its Infrastructure

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