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Myntex Mitigates Massive DDoS Attacks with Radware Cloud DDoS Protection - Myntex has fought back against massive cyber-attacks it has endured from multiple, simultaneous attackers with Cloud DDoS Protection Services from Radware® - Myntex.ca / Radware.com
Myntex Mitigates Massive DDoS Attacks with Radware Cloud DDoS Protection

 

PRZOOM - /newswire/ - Tel Aviv, Israel, 2016/06/02 - Myntex has fought back against massive cyber-attacks it has endured from multiple, simultaneous attackers with Cloud DDoS Protection Services from Radware® - Myntex.ca / Radware.com. NASDAQ: RDWR

   
 
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Myntex has fought back against massive cyber-attacks it has endured from multiple, simultaneous attackers with Cloud DDoS Protection Services from Radware®, a leading provider of cyber security and application delivery solutions ensuring optimal service level for applications in virtual, cloud, and software-defined data centers.

Based in Calgary, Alberta, Canada, Myntex (myntex.ca) is a leading provider of trusted encryption solutions. The company takes great care to ensure its customers’ privacy and security across its suite of encrypted mobile communication devices.

When hit with a series of massive DDoS attacks in April that combined numerous attack vectors, Myntex experienced severe service interruptions. At the time, the company utilized standard security methods and protocols in conjunction with other DDoS providers that offered poor customer service and couldn’t prevent downtime. The attack campaign lasted a month and involved Advanced Persistent Denial of Service Attacks (APDoS), which included multi-vector burst DDoS attacks at massive sizes ranging from 40Gbps to 130Gbps.

“Security threats come from all sides. Not only are underground hackers attempting to breach companies’ systems, but DDoS attacks are growing larger and more sophisticated where only a handful of companies can defend against them,” said Geoff Green, President and CEO for Myntex. “If we can’t defend against these attacks, our customers take the brunt of the damage, since their service is disrupted and communication is lost on their mobile devices. They’re left with little trust in the product being offered.”

Myntex selected Radware’s Cloud Security Services to help it take back control of the situation. Radware’s Emergency Response Service team began working with Myntex on April 21st.

“Given the magnitude of the attack we faced, we chose Radware to mitigate the DDoS attack campaigns against us,” said Green. “We were immediately able to regain normal operation during the cyber-attacks. Many APDoS and DDoS attacks have been thwarted and mitigated since the service was activated, including two massive attacks of 130 Gbps and 113 Gbps. Radware provides exactly what it sells: DDoS protection with minimal to zero downtime.”

Operated by Radware’s Emergency Response Team, Radware’s Cloud Security Services provided enterprise-grade cloud protection services from multi-vector threats to prevent outages and minimize service-level degradation. Radware’s Cloud Security Service accurately detected and mitigated the attacks on Myntex within a few minutes, without inducing any service delays and without blocking any legitimate user traffic. Real-time reporting and monitoring kept Myntex apprised of the situation.

“There is an evident surge in the last few months in ‘hit-and-run’ burst volumetric DDoS attacks aiming to disrupt normal enterprise business operations,” said Haim Zelikovsky, Vice President of Cloud Business for Radware. “Radware’s 2015 ERT Report found a significant 27 percent increase in the number of massive burst DDoS attacks from 2014. These attacks target the weak links in enterprises’ connection to the Internet, causing major service disruptions. With over 2Tbps of total attack mitigation capacity, Radware’s global Cloud Security Network is designed to detect and mitigate these attacks while assuring normal business operation.”

“Successfully mitigating such massive cyber-attacks without any disruption to normal business operations requires experienced and skilled personnel,” said Carl Herberger, Vice President of Security Solutions for Radware,“Radware’s Cloud Security Services are fully managed by Radware’s ‘battle-proven’ Emergency Response Team, which assumes full end-to-end responsibility for configuring the security policies, detecting and mitigating cyber-attacks, and alerting and reporting the attacks in real time. This allows our customers to maintain normal business operations during cyber-attacks.”

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.

©2016 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 assure such additional customer wins 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 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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Myntex Mitigates Massive DDoS Attacks with Radware Cloud DDoS Protection

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