Radware > Case Studies > A Top European Bank Partners with Radware for DDoS Mitigation and SSL Attack Protection

A Top European Bank Partners with Radware for DDoS Mitigation and SSL Attack Protection

Customer Company Size

Large Corporate

Region

America
Asia
Europe

Country

Germany
Singapore
United Kingdom
United States

Product

Radware DefensePro

Tech Stack

SSL attack mitigation
Machine-learning capabilities
Behavior-based detection
Automated attack signature creation

Implementation Scale

Enterprise-wide Deployment

Technology Category

Cybersecurity & Privacy - Network Security

Applicable Industries

Finance & Insurance

Applicable Functions

Business Operation

Use Cases

Cybersecurity

Services

Cybersecurity Services
System Integration
Training

About The Customer

The customer is one of the top 20 largest investment and financial services companies in the world, with operations in over 70 countries worldwide. The company has a diverse IT infrastructure that matches its global product and services offerings. The bank was seeking DDoS protection for its primary data centers in Germany, the United Kingdom, the United States and Singapore. The bank required a new on-premise DDoS mitigation platform at its primary data centers that could protect them from DDoS attacks without negatively impacting legitimate traffic. In addition, with the percentage of encrypted network traffic increasing, the bank required a solution that could protect their web applications from encrypted floods.

The Challenge

The financial services company was facing an increased rate of cyberattacks and required a new on-premise DDoS mitigation platform at its primary data centers in addition to protection from encrypted network attacks to protect web applications. In recent years, financial services has become one of the industries most targeted by cyberattacks. In addition to facing an array of attack vectors and threats, including hacktivist-backed campaigns and ransom-motivated assaults, it is also overcoming a hodgepodge of various network and application security challenges, including migration to the cloud, application exploits and encrypted traffic management. The bank required a new on-premise DDoS mitigation platform at its primary data centers that could protect them from DDoS attacks without negatively impacting legitimate traffic. In addition, with the percentage of encrypted network traffic increasing, the bank required a solution that could protect their web applications from encrypted floods.

The Solution

After evaluating the market, Radware’s on-premise DDoS appliance, DefensePro, was implemented along with Radware’s SSL attack mitigation solution. The final solution that was deployed at the bank’s primary data centers was DefensePro, Radware’s on-premise DDoS appliance that includes SSL attack mitigation to protect applications from encrypted attacks. The bank was able to leverage DefensePro’s unique machine-learning capabilities for behavior- based detection and automated attack signature creation, which set Radware apart from the competition. These capabilities detect traffic anomalies against network baselines and automate on-the-fly signature creation to mitigate threats in real time. To assist the bank’s operations team with day-to-day solution monitoring and management, the bank elected to purchase custom training and additional assistance from Radware’s professional services team.

Operational Impact

The bank has eliminated security blind spots that exist due to encrypted attack traffic.
The bank leverages Radware’s machine- learning and automatic signature creation to detect and mitigate attacks directed at individual or specific segments of the bank’s network.
Radware’s SSL attack mitigation solution eliminated security blind spots that exist due to encrypted attack traffic leveraged in advanced attack campaigns.
The solution also provides application-layer protection from encrypted floods without causing additional latency during peacetime.
Radware’s SSL mitigation solution includes flexible deployment options and certificate management which results in an easy-to-deploy-and-maintain solution.