ShieldSquare is now Radware Bot Manager
ShieldSquare is now Radware Bot Manager
Banking, Financial Services, and Insurance (BFSI) is a high-value target for fraudsters. The use of botnets to commit fraud has ramped up the speed of attacks in recent years. Hackers deploy botnets on financial institutions to take over accounts, execute distributed denial of service attacks, or scrape content. Large-scale, sophisticated bots are often 'low and slow' to bypass conventional security measures. Radware Bot Manager works with your existing security infrastructure to eradicate automated threats in real-time.
Impact of Bots on Financial Services
Hackers use credential stuffing to validate stolen credentials. Fraudsters steal login details through phishing and malware attacks. Credential stuffing attacks often appear legitimate to WAFs and can evade basic security measures. Fraudsters also perform brute force attacks to take over customer accounts. Bots can directly trigger a bank’s APIs to generate a login without launching the bank's mobile application.
Mitigating account takeover attacks requires an advanced solution that is fine-tuned over the years to find anomalies in user behavior, and analyze bot signatures to block bad bots. Radware Bot Manager processes hundreds of billions of API calls every year. The threat intelligence gathered from APIs, and other attack vectors helps us prevent account takeover.
Application DDoS attacks target vulnerabilities in applications, business logic, and servers. Application layer attacks are often performed using botnets that are distributed over thousands of IP addresses. Such attacks overwhelm servers, applications, and database resources. These attacks are sometimes executed to divert attention from malware insertion or other breaches. Layer-7 application DDoS attacks can cost thousands of dollars per hour due to downtime, and open the door to other forms of fraud.
Detecting application DDoS attacks requires an extensive understanding of bot fingerprints,else it may result in false positives. Radware Bot Manager collects bot fingerprints from a client base of over 80,000 internet properties and combines this collective bot intelligence with proprietary Intent-based Deep Behavior Analysis (IDBA) to stop application DDoS attacks.
Web Scraping and Account Aggregation
Competitors regularly harvest content from websites and applications belonging to financial institutions. Comparison sites scrape content to obtain interest rates or details about transaction fees charged by various financial institutions. Aggregators compile information from different accounts through credentials provided by customers. Intermediary apps use account aggregator bots to conduct wealth assessment.
Radware Bot Manager secures web properties owned by financial institutions beyond simply blocking scrapers. Our solution also allows website operators to customize a range of actions taken against bad bots, while whitelisting trusted bots that are needed for business operations.
Read How a Top Credit Union Improved Its Banking Experience by Ending Account Takeover Attacks
Secure Customer Accounts
Safeguard Your Mobile Apps, Web Applications, and APIs
Meet Regulatory Requirements
Stop Bots From Infiltrating Into Your Mobile Apps, Web Applications, and APIs
Get Started in Minutes
*1 Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
*2 The Forrester New Wave™ is copyrighted by Forrester Research, Inc. Forrester and Forrester Wave™ are trademarks of Forrester Research, Inc. The Forrester New Wave™ is a graphical representation of Forrester's call on a market. Forrester does not endorse any vendor, product, or service depicted in the Forrester New Wave™. Information is based on best available resources. Opinions reflect judgment at the time and are subject to change.