Radware announces major customer win

Radware (RDWR) announced it recorded a major customer win, securing its largest cloud security services agreement to date. The multi-year, multimillion dollar agreement is part of a renewal and expanded relationship with a global, Fortune 500 financial services and payments company and top 10 U.S. merchant acquirer. To manage business growth and increasing cyber threats, the customer plans to scale its security operations across Radware’s full suite of AI-powered Cloud DDoS Protection and Application Protection Services, safeguarding thousands of applications and billions of digital transactions. The company selected Radware for its ability to deliver a fully integrated, high-capacity application and network protection solution that seamlessly scales usage while minimizing the burden of operational overhead. The agreement spans Radware’s Cloud DDoS Protection Service and Cloud Application Protection Service, which also includes its Cloud Web Application Firewall Service, bot manager, and Web DDoS Protection.