Absolute Resilience Awarded 2020 Cyber Catalyst Designation
January 25 2021 - 8:00AM
Business Wire
Leading cyber insurers acknowledge Absolute
Software’s unique capabilities to help customers reduce
cybersecurity risks
Absolute Software™ (NASDAQ: ABST) (TSX: ABST), a leader in
Endpoint Resilience™ solutions, today announced that the Absolute
Resilience™ platform has been awarded a Cyber Catalyst℠ designation
following an independent evaluation of over 90 solutions by leading
cyber insurers. The designation emphasizes Absolute’s critical
capabilities to address today’s top cyber risks – most notably,
privacy regulation and data management – and offer the highest
level of protection.
Now heading into its third year, the Cyber Catalyst by Marsh℠
program brings together insurers Allianz Global Corporate &
Specialty (AGCS); AXA XL, a division of AXA; AXIS; Beazley; CFC;
Munich Re; Sompo International; and Zurich North America to
evaluate cybersecurity solutions and award the Cyber Catalyst
designation to those they believe can have a meaningful impact on
cyber risk.
“Today, many businesses are facing new challenges amid an
acceleration of remote work and increasingly sophisticated
cybersecurity threats,” said Ameer Karim, EVP of Product Management
at Absolute Software. “This recognition is a testament to
Absolute’s commitment to empowering businesses across verticals to
effectively detect and respond to security risks. By deploying
Absolute Resilience, our customers receive complete endpoint
visibility and control, and actionable intelligence.”
The Absolute Resilience platform provides organizations with a
secure connection to every device, even off the corporate network,
using its patented Persistence® technology embedded in the firmware
of over 500 million endpoints. With its unbreakable connection and
self-healing capabilities, Absolute’s Resilience platform enables
devices and security controls to recover from any incident to its
original healthy state, autonomously.
To achieve the designation, the Absolute Resilience platform was
evaluated against six criteria: reduction of cyber risk, key
performance metrics, viability, efficiency, flexibility, and
differentiation. Quotes from participating insurers who conducted
the evaluation include:
“The capacity to provide visibility to all endpoints and look
for sensitive information across those endpoints – on or off the
network – really gives an enhanced level of control. In high risk
sectors such as banking and financial services, pharmaceuticals,
and manufacturing, this level of control is highly desirable.”
“A very comprehensive and interesting endpoint solution: it
tackles the issue of dark endpoints, quite topical now with so many
people working remotely. Intuitive dashboards with valuable
reporting metrics out of the box. I like the feature that protects
and reinstalls business critical applications.”
“The admin GUI seems easy to use; I like that it cannot be
removed from the device because it’s embedded in the firmware
itself. Other strong features are the ability to freeze an asset
and display a message; easy tracking of where assets are; software
able to delete software, data, and remotely wipe a machine not in
your possession.”
For more information about the Absolute Resilience platform
being named a 2020 Cyber Catalyst designated solution, visit here.
To learn more about how Absolute’s undeletable defense platform
enables always-connected visibility and Self-Healing Endpoint™
security, visit www.absolute.com.
About Absolute Software
Absolute Software is a leader in Endpoint Resilience solutions
and the industry’s only undeletable defense platform embedded in
over a half-billion devices. Enabling a permanent digital tether
between the endpoint and the enterprise who distributed it,
Absolute provides IT and Security organizations with complete
connectivity, visibility, and control, whether a device is on or
off the corporate network and empowers them with Self-Healing
Endpoint security to ensure mission-critical apps remain healthy
and deliver intended value. For the latest information, visit
www.absolute.com and follow us on LinkedIn or Twitter.
©2021 Absolute Software Corporation. All rights reserved.
ABSOLUTE, the ABSOLUTE logo, ABSOLUTE RESILIENCE, and PERSISTENCE
are registered trademarks of Absolute Software Corporation in the
United States and/or other countries. Other names or logos
mentioned herein may be the trademarks of Absolute or their
respective owners. The absence of the symbols ™️ and ® in proximity
to each trademark, or at all, herein is not a disclaimer of
ownership of the related trademark.
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Media Relations Becki Levine press@absolute.com
858-524-9443
Investor Relations Joo-Hun Kim IR@absolute.com
212-868-6760
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