Crime pays for Radware as cyber-attacks increase in US

New York

THE spate of cyber-attacks that rocked US companies in 2014 came at just the right time for Tel Aviv-based Radware Ltd, which spent the last three years doubling its US sales force.

Radware's technology, used by customers such as Verizon Communications Inc and Hewlett-Packard Co, acts like a traffic cop in computer networks, routing tasks to make sure applications run smoothly and quickly. The company has adapted its products to cloud-based software, which lets information be stored online instead of on a local computer, and incorporated cybersecurity features to defend against attacks like the ones perpetrated against Sony Corp and Bank of America Corp.