Global provider of cybersecurity and application delivery solutions, Radware (NASDAQ: RDWR), has inaugurated a new cloud security service center in Paris, France. This addition enhances Radware’s Distributed Denial of Service (DDoS) attack mitigation capacity to an impressive 15Tbps, distributed across a network of over 50 cloud security service centers worldwide.The strategic expansion aims to bolster Radware’s global defense infrastructure and improve the security experience for its customers. Michael Techer, Radware’s regional director in France, emphasized the benefits of the new Paris facility, stating, “The new facility will help customers increase resiliency and comply with local data privacy requirements. It will also reduce traffic latency as well as increase service redundancy and mitigation capacity to help our customers defend against even the largest volumetric denial-of-service attacks.”Radware’s recent Global Threat Analysis Report highlights a significant surge in malicious DDoS attacks, with a 94% increase worldwide between 2022 and 2023. The report identifies the finance sector in the EMEA region as the most targeted, accounting for 41% of attacks in 2023, followed by technology organizations (18%) and government institutions (15%). The rise in hacktivist activity is notable, particularly in France, where claimed DDoS attacks surged by 185% in the first quarter of 2024 compared to the same period in 2023.Cybersecurity ChallengesDavid Aviv, Radware’s Chief Technology Officer, underscores the urgency of enhanced cybersecurity measures, particularly with the upcoming 2024 Paris Olympics amid a tense geopolitical climate. “Unprecedented cybersecurity challenges are expected to continue as hackers gear up for the 2024 Paris Olympics. Given the current geopolitical backdrop to the event, we are anticipating a surge in cyber-attacks. It’s critical for organizations, including those in adjacent markets, to act early and put advanced security mechanisms in place. Our new facility in France is tuned to help customers reduce their risks and protect their businesses.”Radware has won multiple awards for its network and application security products. Radware is a market leader in cybersecurity, according to industry experts such Aite-Novarica Group, Forrester Research, Gartner, GigaOm, KuppingerCole, and Quadrant Knowledge Solutions. The new cloud security service center in Paris would represent a significant step in Radware’s ongoing efforts to strengthen its global security infrastructure, providing enhanced protection against the increasing threat of DDoS attacks and ensuring robust data privacy and compliance for its customers.