V-POL Audit — Radware Ltd
Corporate Communications & Public Stance
Radware has issued no public corporate statements specifically addressing the October 7, 2023 Hamas attacks, the subsequent Israeli military campaign in Gaza, or the broader Israel-Palestine conflict 1. Radware published a threat advisory in October 2023 documenting increased cyber attacks on Israeli targets following October 7, framed as professional threat intelligence without political comment 1. SEC 20-F filings (FY2023, FY2024) contain standard risk-factor language acknowledging political and military conditions in Israel may affect business — required regulatory disclosure, not voluntary political positioning 2. No evidence of Radware issuing statements on other major geopolitical conflicts (Russia-Ukraine, BLM, COVID-19) during 2020-2025 period 1. No corporate statements identified following July 19, 2024 ICJ Advisory Opinion or November 2024 ICC arrest warrants 1.
Operations in Occupied or Contested Territories
No public evidence identified of Radware operating sales offices, authorized dealerships, service centers, or subsidiaries physically located within Israeli settlements in West Bank or Gaza Strip 34. The parent company RAD-Bynet Group maintains documented extensive ongoing contracts with Israeli military COGAT, Civil Administration, and Israel Police, including biometric projects, checkpoint infrastructure, and communications systems in occupied West Bank 5. RAD-Bynet Group subsidiary Bynet Data Communications holds contracts with Ariel University (located in occupied West Bank settlement) — awarded Wi-Fi contract in 2018 5. RAD-Bynet subsidiary Mabat LaNegev Operator Ltd. provides maintenance services for Israeli military training bases (Ariel Sharon Camp/Bahad City) in Naqab 5. The UN OHCHR Business and Human Rights Database (updated September 2025) contains 158 business enterprises linked to settlement activity; explicit Radware listing was not confirmed in searches 34. The Who Profits database documents RAD-Bynet Group (parent) but not Radware specifically as engaged in settlement operations 5.
Internal Governance, Content & Retail Policies
SEC 20-F filings disclose that Israeli employees were called up for military reserve duty following October 7, 2023, with significant numbers relative to workforce size 2. No evidence of supplemental salary top-ups, bonus payments, or specific financial support to IDF reserve-duty employees beyond the statutory framework has been identified 2. No public reports, legal actions, or regulatory proceedings regarding Radware HR enforcement concerning employee speech about Israel-Palestine conflict, political symbols, or union activity 1. Radware is a B2B cybersecurity company — platform/content moderation and retail supply chain questions are structurally inapplicable to its business model 6.
Brand Heritage & State Partnerships
Radware was founded in 1997 as spin-off from RAD Data Communications, part of RAD Group conglomerate controlled by Zisapel family 67. No evidence of Radware utilizing military heritage, defense-sector origins, or state-security branding in commercial marketing 6. Zohar Zisapel (co-founder, died May 2023) was a confirmed former IDF Unit 81 intelligence officer and recipient of the Israel Defense Prize 8. Yehuda Zisapel (co-founder, died March 2024) was a Technion graduate and major donor to Technion — funded Sara and Moshe Zisapel Nano-Electronics Center ($4.5M) and Zisapel building 910. The Zisapel family RAD NGO provides scholarships to engineering students in low-socioeconomic circumstances 10. No evidence of Radware accepting Israeli state honors (Israel Defense Prize, Israel Security Award) 8. No evidence of Radware participation in Brand Israel campaigns or government-sponsored trade promotion beyond standard commercial exhibitions 6. No evidence of formal non-commercial partnerships with Israeli government-affiliated academic institutions beyond standard industry relationships 6.
Lobbying, Advocacy, Financing & Logistics
No evidence found of Radware registered federal lobbying in U.S. (OpenSecrets, LDA database) 1. No leadership roles identified in geopolitical pressure groups (AIPAC, CFI, ADL) 1. No evidence of Radware corporate donations to FIDF, JNF/KKL, settlement organizations, or parastatal organizations 1. No specific Radware BIRD grants identified in recent announcements (2024-2026). Historical grant database search returned no confirmed Radware projects 1. No evidence of Radware directing corporate resources, free service credits, or infrastructure to Israeli military/government during or after October 2023 conflict 1. Yehuda Zisapel confirmed donations to Technion 10. No verified personal donations by Roy Zisapel or Yehuda Zisapel to FIDF, JNF, Regavim, or Im Tirtzu identified in available records 1.
Corporate Structure & Primary Mission
Radware Ltd. is incorporated under Israeli law and NASDAQ-listed (ticker RDWR) 2. Controlling shareholders include the Zisapel family — Roy Zisapel (CEO, ~5.2% direct ownership), with Yehuda Zisapel’s holdings redistributed to estate/trusts after March 2024 death — controls through RAD Data Communications 1112. No golden share held by Israeli state; no government entity voting rights or board appointment rights identified 2. Corporate mission is commercial provision of cybersecurity and application delivery solutions to enterprise and carrier clients globally — no language in filings indicates mandate to advance Israeli state geopolitical goals 6. RAD Group is a private family-controlled conglomerate with broad telecommunications and networking interests; not state-linked or state-owned 5.
Executive & Leadership Footprint
Roy Zisapel serves as CEO and board member and is a Technion graduate, son of Yehuda Zisapel 13. Yehuda Zisapel was co-founder and Radware chairman, controlling shareholder through RAD Group, died March 2024 at age 82 9. Zohar Zisapel (deceased) was co-founder of RAD Group, former IDF Unit 81 intelligence officer, and Israel Defense Prize recipient 8. Board composition includes Yuval Cohen (Chairman), Yair Tauman, Stanley B. Stern, Naama Zeldis — no defense industry, settlement-NGO, or AIPAC affiliations identified for these individuals 13. Carl Herberger is Radware VP Security Solutions, former USAF B-52 aviator — not IDF-affiliated 14. No verified personal donations by Roy Zisapel to FIDF, JNF, settlement organizations in available records 1. No public statements, op-eds, or signed letters by Roy Zisapel specifically addressing Israel-Palestine conflict 1. No change in corporate conduct, communications, or disclosures identified following July 2024 ICJ Advisory Opinion or November 2024 ICC arrest warrants 1.
End Notes
Footnotes
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https://www.radware.com/security/threat-advisories-and-attack-reports/cyber-aggression-rises-following-the-october-2023-israel-hamas-conflict ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10 ↩11 ↩12 ↩13 ↩14
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https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=rdwr&type=20-F&dateb=&owner=include&count=40 ↩ ↩2 ↩3 ↩4 ↩5
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https://www.un.org/unispal/document/business-database-26sep25 ↩ ↩2
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https://www.whoprofits.org/companies/company/6526 ↩ ↩2 ↩3 ↩4 ↩5
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https://en.globes.co.il/en/article-israeli-tech-entrepreneur-yehuda-zisapel-dies-at-82-1001473271 ↩ ↩2
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https://www.i24news.tv/en/news/israel/technology-science/1684582061 ↩ ↩2 ↩3
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https://www.industry-era.com/vendor-2019-Technology-Leaders-The-Maestro-of-Security.php ↩