COMPANY NEWS: Radware, a leading provider of cybersecurity and application delivery solutions, today announced that it has enhanced its API Protection solution with a new AI-driven, auto-learning protection engine designed to instantly detect and mitigate business logic attacks. The engine works in real-time to uncover the identities of bad actors and automatically detect and block malicious API calls by continuously learning the business logic of applications. The solution provides organizations with comprehensive coverage of OWASP API 2023.
API attacks that exploit business logic vulnerabilities are becoming increasingly sophisticated and difficult to detect, often mimicking legitimate API usage. Global Threat Intelligence Analysis ReportMalicious web application and API transactions in 2023 increased by 171% compared to 2022. The most attacked industries were retail (37%) and transportation (19%), followed by software as a service (8%) and telecommunications (8%).
“Radware is helping organizations take the guesswork out of API protection,” said Gabi Malka, chief operating officer at Radware. “Unlike competing solutions that base their detection and remediation recommendations on historical attack log analysis rather than immediately blocking attacks, Radware's AI-powered protection works automatically, continuously, and in real-time. It not only learns your business logic, but also accurately uncovers the identities of bad actors and blocks attacks as they occur, resulting in frictionless, optimized protection and risk mitigation.”
Radware's Enhanced API Protection solution takes a multi-layered approach to detect and mitigate business logic attacks in real time, leveraging the following capabilities:
- It continuously and automatically learns the business logic of your applications and provides real-time insights into the legitimate or malicious intent of API calls.
- Real-time AI-driven contextual analysis of security policies improves confidence in detecting and mitigating API attacks.
- It goes beyond simple IP blocking to accurately block malicious users and clients and accurately identify bad actors.
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Radware's API protection is part of the company's comprehensive cloud application security protection service, which also includes the company's industry-leading Web Application Firewall (WAF), bot detection and management, and client-side and application-level (Layer 7) Web DDoS protection. Combining end-to-end automation, behavior-based detection, and 24/7 managed services, the solution is designed to provide organizations with the highest level of application protection while minimizing false positives.
Radware has won numerous awards for its application and network security solutions, and industry analysts such as Aite-Novarica Group, Forrester Research, Gartner, GigaOm, KuppingerCole and Quadrant Knowledge Solutions continue to recognize Radware as a market leader in cyber security.
About Radware
Radware is a global leader in cyber security and application delivery solutions for physical, cloud and software-defined data centers. The company's award-winning solutions portfolio secures digital experiences by providing infrastructure, application, enterprise IT protection and availability services to businesses worldwide. Radware's solutions enable enterprise and carrier customers worldwide to rapidly respond to market challenges, maintain business continuity, and maximize productivity while containing costs. For more information, visit the Radware website.
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