MAHWAH, N.J., July 13, 2022 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced that ESDS Software Solution Limited selected Radware’s Cloud DDoS Protection Service to support its data centers in India. ESDS is among India’s leading managed cloud service and end-to-end multi-cloud requirements providers. ESDS engaged Radware to further increase its visibility to network and application performance as well as speed time to protection against malicious DDoS attacks.
“ISP customers depend on us to maintain a high level of security and availability, which is why security reliability is important to our business,” said Rushikesh Jadhav, chief technology officer at ESDS. “We decided to work with Radware because it provides a comprehensive cloud DDoS service that can automatically generate protection for zero-day and unknown DDoS attacks in real time through a unified portal.”
DDoS attacks are becoming more frequent, powerful and sophisticated. According to a Radware report, the number of blocked malicious events per company has risen more than 30% from 2020 to 2021. In addition, the average blocked volume per company has grown by 26% during the same time period.
“Recognized as one of India’s leading cloud service providers, ESDS is continually advancing critical cloud-based tools to create added business value and protection for customers that serve many different industries,” said Nikhil Karan Taneja, Radware’s vice president and managing director for India, the Middle East, and South Asia. “We are pleased to offer ESDS a comprehensive cloud security solution built to defend against even the most determined threat actors.”
Radware’s Cloud DDoS Protection Service protects customers from large and sophisticated DDoS attacks, including randomized and reflective DDoS attacks, burst DDoS attacks, SSL floods, and IoT botnet DDoS attacks. Radware was recently ranked a global leader in Forrester’s report, “The Forrester Wave™: DDoS Mitigation Solutions, Q1 2021.”
ESDS Software Solution Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, an initial public offering of its equity shares (the “Equity Shares”) and has filed a draft red herring prospectus dated September 2, 2021 (the “DRHP”) with the Securities and Exchange Board of India (“SEBI”), BSE Limited and the National Stock Exchange of India Limited. The DRHP is available on the website of SEBI at www.sebi.gov.in, the website of the BSE Limited at www.bseindia.com, and the website of the National Stock Exchange of India Limited at www.nseindia.com, and the website of the Lead Managers, Axis Capital Limited and IIFL Securities Limited, at www.axiscapital.co.in and www.iiflcap.com, respectively. Any potential investor should note that investment in Equity Shares involves a high degree of risk. For details, potential investors should refer to the red herring prospectus of the Company, including the section titled “Risk Factors.”
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.
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