SecurityBrief New Zealand - Technology news for CISOs & cybersecurity decision-makers
Story image
Radware introduces cybersecurity model to boost MSSP revenue streams
Tue, 27th Feb 2024

Cybersecurity firm Radware has announced a new business model tailored to managed security service providers (MSSPs). The initiative aims to establish fresh revenue streams and business growth opportunities for the sector. The model represents a suite of innovative network and application security services that can be offered to MSSP clientele.

MSSPs continually face the gargantuan task of advancing their services and delivering unparalleled user experiences while preserving their profit margins. According to Haim Zelikovsky, Vice President of Radware's cloud business, the novel offering assists providers not only in safeguarding their customers against cyber threats but also in constructing an industry-leading suite of security services capable of opening new revenue opportunities.

Through Radware's offering, MSSPs can personalise, rename, and on-sell the company's state-of-the-art Cloud DDoS Protection and Cloud Application Protection Services. These tools are engineered to protect MSSP customers from intricate cyber threats, including those related to DDoS, DNS, applications, and layer 7 Web DDoS attacks.

Pioneering providers like US Signal are teaming up with Radware to bolster their cyber defence portfolios and amplify the security experienced by their customers. US Signal's Vice President of Product Development, David Humes, stated that Radware understands the distinctive needs and hurdles faced by service providers. In fulfilment of essential scale and technology prerequisites, Radware's MSSP programme offers intrinsic support in the establishment of a well-rounded security service practice.

"We selected Radware for their advanced technology, expertise in surgically combating volumetric attacks, and ability to fast-track a new value-added security offering for our customers," said Humes.

Central to Radware’s offerings are network and application security solutions characterised by AI-powered algorithms. This cutting-edge technology is designed to safeguard legitimate user experiences while minimising false positives and reducing the need for human interaction.

Radware has been commended for its security solutions on numerous occasions by industry specialists such as Aite-Novarica Group, Forrester Research, Gartner, GigaOm, KuppingerCole, and Quadrant Knowledge Solutions.