The Absolute 2012 Endpoint Security Report Shares Data Security Trends and Information From 12,000+ Stolen Device Investigations Around the World
Vancouver, Canada: September 4, 2013 – Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphones, today released the second annual Absolute Endpoint Security Report.
The report is a follow-up to the 2011 Computer Theft Report, expanded to include trends in data protection undertaken by Absolute customers in calendar year 2012. Data protection details include data recovered and deleted as well as the types of encryption employed.
“Data protection continues to be a priority for our customers,” said John Livingston, CEO at Absolute Software. “In 2012 our customers performed over 6,440 data delete commands, an increase of 34% from 2011. This focus on data security speaks to the needs of our corporate customers to safeguard against data breaches and to satisfy compliance requirements by government and corporate regulatory bodies.”
Additional information in the report compares statistics from device theft in 2011 with successful theft recovery investigations that occurred in 2012. Interesting changes include:
- Device theft increased in Chicago and Washington DC, although Chicago maintained its first place position as the #1 city for device theft
- Houston, Boston, Detroit, and Los Angeles all saw theft rates decline
- The United States continues to top the report as the country with the highest number of reported thefts
“In 2012, the Absolute Investigations and Recovery Services team investigated over 12,700 device theft reports,” said Ward Clapham, Vice President, Investigation and Recovery Services at Absolute Software. “The mobility of the end user is a definite trend we’ve observed, with many recoveries occurring in a different country – and even a different continent – from where the device was originally stolen. This geographical expansion allowed us to hit a team milestone in mid-2013, with the inclusion of Kosovo for a total of 103 countries where we’ve effected the successful recovery of a stolen device.”
About Absolute
Absolute empowers more than 12,000 customers worldwide to protect devices, data, applications, and users against theft or attack — both on and off the corporate network. With the industry’s only tamper-proof endpoint visibility and control solution, Absolute allows IT organizations to enforce asset management, security hygiene, and data compliance for today’s remote digital workforces. Absolute’s patented Persistence® technology is embedded in the firmware of Dell, HP, Lenovo, and 22 other leading manufacturers’ devices for vendor-agnostic coverage, tamper-proof resilience, and ease of deployment. See how it works at www.absolute.com and follow us at @absolutecorp.
Forward-Looking Statements
This press release contains forward-looking statements and financial outlook that involve risks and uncertainties. These forward-looking statements and financial outlook relate to, among other things, the expected performance, functionality and availability of the Company’s services and products, and other expectations, intentions and plans contained in this press release that are not historical facts. When used in this press release, the words “plan,” “expect,” “believe” and similar expressions generally identify forward-looking statements. These statements reflect the Company’s current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and general market conditions. In light of the many risks and uncertainties, readers of the press release should understand that Absolute cannot assure them that the forward-looking statements and financial outlook contained in this press release will be realized. Furthermore, the forward-looking statements and financial outlook contained in this press release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements and financial outlook, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
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For more information, please contact:
Media and Analyst Relations
Jill Rosenthal, InkHouse
absolute@inkhouse.com or 781-966-4167
Investor Relations
Joo-Hun Kim, MKR Group
joohunkim@mkrir.com or 212-868-6760