Ecobank Deploys Radware's Attack Mitigation Solution To Protect Its Infrastructure
Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced today that it now protects Ecobank’s infrastructure from cyber-attacks with Radware’s Hybrid Attack Mitigation Solution, which includes both on-premises and cloud-based Distributed-Denial-of-Service (DDoS) mitigation.
Ecobank is a leading pan-African bank with operations in 36 countries across the continent, providing financial solutions to businesses, governments and individual customers. The bank was in the process of redesigning its network when it turned to Radware to help protect its infrastructure from cyber-attacks.
As a leading financial institution, Ecobank cannot afford any downtime. It needs a solution that can automatically protect it from a wide range of attacks and keep its operations running, even while fending off attack. Radware’s Attack Mitigation Solution (AMS) including DefensePro® in the perimeter, Cloud DDoS Protection Services and Defense SSL protection now provides them with integrated and comprehensive attack protection from one provider.
“The financial services industry suffered 44 million cyber-attacks in 2016, making it the most targeted industry,” according to Radware’s 2016-17 Global Application & Network Security Report. Not only is the financial industry at high risk, but hackers have taken advantage of this shift by using SSL (Secure Sockets Layer) encryption to conceal their attacks. According to Mozilla Firefox, SSL encrypted traffic represented 50% of all internet traffic, up 10% just in 2016.
“We selected Radware as our attack mitigation partner because they offered the most advanced and comprehensive attack mitigation solution available,” said Ababacar Sedikhe Diagne, Head, Telecoms and Network of Ecobank. “Radware’s solution provides us with automatic detection and mitigation of advanced, volumetric, and encrypted attacks. We love that we can work with one vendor to protect both our cloud and on-premises infrastructure and we have high confidence in the Radware team, who consistently goes the extra mile to support us.”
“Ecobank evaluated Radware’s technology thoroughly,” said Yoav Gazelle, Vice President of EMEA & CALA for Radware. “Our integrated solution proved to be the most thorough and responsive of all the solutions tested. Radware’s AMS gives the customer expansive regional coverage and comprehensive business risk mitigation to support their multi-national operation.”
Radware’s family of DDoS security solutions provides integrated application and network security for a best of breed, multi-layered security architecture and DDoS attack prevention. Radware provides the highest protection accuracy with patent-protected behavioral based detection to protect legitimate traffic and real-time signature creation for zero-day attack protection. Radware's hybrid DDoS protection integrates always-on detection and mitigation (on-premises or in the cloud) with cloud-based volumetric DDoS attack prevention, scrubbing and 24x7 Emergency Response Team (ERT) support. Radware’s Defense SSL protection supports all types of encrypted attacks, inkling TCP SYN Floods, SSL Negotiation Floods, HTTPS Floods and Encrypted Web Attacks.
Incorporated in Lomé, Togo, Ecobank Transnational Incorporated (ETI) is the parent company of the leading independent pan-African banking Group, Ecobank, present in 36 African countries. The Ecobank Group is also represented in France through its subsidiary EBI SA in Paris. ETI also has representative offices in Dubai-United Arab Emirates, London-UK, Beijing-China, Johannesburg-South Africa, and Addis Ababa-Ethiopia. ETI is listed on the stock exchanges in Lagos, Accra, and the West African Economic and Monetary Union (UEMOA) – the BRVM – in Abidjan. The Group is owned by more than 600,000 local and international institutional and individual shareholders. It employs over 17,000 people in 40 different countries in over 1,200 branches and offices. Ecobank is a full-service bank, providing wholesale, retail, investment and transaction banking services and products to governments, financial institutions, multinationals, international organisations, medium, small and micro businesses and individuals. Additional information may be found on the Group’s corporate website at: www.ecobank.com.
Radware® (NASDAQ: RDWR), 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. For more information, please visit www.radware.com.
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