Case Study: EMEA Multinational Banking Group achieves 100% business continuity against ransom, burst and encrypted attacks with Radware (DefensePro & Cloud DDoS Protection)

Multinational Banking Group Turns to Radware to Stop Ransom, Burst and Encrypted Attacks in Their Tracks

This EMEA-based multinational banking group — the oldest bank in its country and a leading regional financial services provider — faced a sharp rise in public-facing cyberthreats as it grew. Attackers delivered ransom notes (from groups like the Armada Collective and Lizard Squad), followed by teaser floods, plus frequent “hit-and-run” Burst assaults, DNS reflection/amplification, IoT-botnet activity and evolving multivector campaigns that threatened service continuity.

The bank deployed a hybrid Radware solution anchored by on‑prem DefensePro, Cloud DDoS Protection Services, DefenseSSL and the ERT Active Attackers Feed, leveraging machine‑learning behavioral analysis and real‑time signature creation for rapid mitigation (as fast as ~20 seconds) and out‑of‑path cloud scrubbing without BGP changes. With Radware’s integrated appliances and Emergency Response Team support, the bank sustained 100% business continuity and service availability while withstanding a four‑fold increase in attacks, successfully mitigating SYN, HTTP and Burst floods and preempting ransom-driven incidents.