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Yesterday, cybersecurity provider Radware announced that Ukraine’s civil service for special communications and information protection (SSSCIP) is using Radware’s Cloud DDoS Protection and Cloud Web Application Firewall (WAF) service to protect itself amid the ongoing war between Russia and Ukraine.
Ukraine’s SSSCIP is responsible for protecting Ukraine’s state information resources, and will use Radware’s services to protect the country from zero-day and known DDoS and application attacks.
“It is our top priority to protect the IT infrastructure in Ukraine,” said Victor Zhora, the Deputy Head of Ukraine’s SSSCIP. “Radware has helped us protect our networks, protect our applications and strengthen the resilience of our IT infrastructure.”
This partnership emphasizes that DDoS and application-level attacks remain one of the most significant threats facing modern organizations, not only in the context of the cyber war between Russia and Ukraine, but more broadly as part of the cybercriminal community.
Protect the cloud from cyber war
The announcement of the partnership comes as Ukraine has been targeted by a large number of cyber attacks since the start of the Russia-Ukraine war, which began with a series of widespread denial of service (DDoS) attacks attributed to Russian state- sponsored threat actors. …
The SSSCIP uses Radware’s services in an effort to increase its resilience to these types of advanced attacks targeting Ukraine’s cloud services.
“By using the right level of protection, it is possible to defend against very advanced, high-volume attacks – whether from cyber-hacking groups or nation-state actors,” said Radware Business Chief Yoav Gazelle.
When it comes to defending against advanced attacks, Gazelle emphasizes that protection solutions should go beyond traditional rate-limiting and negative-based security models, and rather use machine learning to automatically detect and mitigate complex attacks in real time.
“This is especially important today with the talent shortage in cyber security that organizations worldwide are facing. “Organizations cannot rely on solutions that require manual configuration and signature creation and must deploy automated solutions,” Gazelle said.
When mitigating DDoS attacks, Gazelle recommends that companies deploying security solutions look for providers that can mitigate both volumetric attacks and low-volume micro-floods, burst attacks and encrypted attacks, designed to circumvent their defenses.
The market for DDoS and application protection
Considering that the average cost of a DDoS attack in the US is $ 218,000 and 60% of organizations report that they have no to moderate confidence in their ability to manage attack surface risk, it is not surprising that more organizations in DDoS and application protection do not start investing solutions.
Today, both the DDoS protection and application security markets are in a state of growth, with the former to grow from $ 3.3 billion in 2021 to $ 6.7 billion by 2026, and the latter is expected to increase from $ 6.2 billion in 2020 to $ 13.2 billion by 2025.
Radware is one of the key providers benefiting from this growth, which raised $ 286.5 million in revenue last year, but it’s not the only one. It also competes with Cloudflare, which provides a DDoS protection service that secures websites and applications.
Cloudflare has been recognized as a leader in the 2019 ‘IDC MarketScape: Worldwide DDoS Prevention Solutions’ and 2017′ Forrester Wave: DDoS Mitigation Solutions. It also recently reported that it raised $ 656.4 billion in total revenue in 2021.
Similarly, Akamai is also a key player in space and offers DDoS protection as part of its security and peripheral solution, Akamai Edge Security, which offers 200+ tbps extra network capacity to help organizations increase their resilience to DoS attacks.
Earlier this year, Akamai announced that it had raised $ 3.5 billion in revenue during 2021.
Although Gazelle says that Radware’s use of unique algorithms and machine learning techniques distinguishes it from other vendors in the market, by enabling users to continue to use normal application services without using degradation, even during severe attacks.
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