Absolute Survey at RSA Conference 2020 Reveals More than Half of Respondents Very Concerned About the Security of Endpoints
VANCOUVER, British Columbia and SAN JOSE, Calif. — March 3, 2020 —Absolute® (ABT.TO), the leader in endpoint resilience, today announced key insights from a survey of this year’s RSA Conference attendees to gauge where security and IT leaders are focusing their security investments, strategies, and resources with the ever-increasing number of users and endpoints (including desktops, laptops, and mobile devices) accessing corporate networks. Of the nearly 100 respondents, with most holding the position of a manager/supervisor or C-level executive, more than 50 percent agreed that they were very concerned about the security of corporate endpoints given the prevalence of sophisticated attack vectors like ransomware, disruptionware, phishing and more.
When it comes to how organizations are spending these dollars to protect sensitive data and devices, more than 80 percent of Absolute’s survey respondents reported the use of endpoint security tools and multi-factor authentication. More than half of the respondents also relayed that prevention remains the core area of security focus and investment, even though a recent study shows that 60 percent of data breaches are the result of vulnerabilities that the enterprise already knew about but failed to address.
“The reality is that cybersecurity concerns and spend continue to rise, and yet so do breaches, ” said Christy Wyatt, CEO of Absolute. “To best prepare for the inevitable, companies need to look for capabilities that allow their endpoints to quickly heal and bounce back if they should become compromised or removed during an attack. The organizations that adopt a resilience-based strategy will be the ones who are able to respond, recover, and minimize the impact of a breach.”
Other key findings from the survey included:
Nearly three in four respondents were familiar with the concepts of ‘cyber resilience’ and ‘endpoint resilience.’
A significant population – more than one in three – noted incident response, recovery, or resilience as the most important element of their organization’s strategy, while 55 percent said prevention was key.
More than three in four respondents reported their organizations are using endpoint security tools, multi-factor authentication, and employee training and education to protect data, devices, and users, while less than half noted the use of tools focused on tracking missing, lost, or stolen devices or ensuring vendor / partner security.
To learn more about Absolute and how the company enables more than 12,000 customers worldwide with uncompromised endpoint persistence, resilience, and intelligence, visit: www.absolute.com.
About Absolute Software
Absolute Software (NASDAQ: ABST) (TSX: ABST) is the only provider of self-healing, intelligent security solutions. Embedded in more than half a billion devices, Absolute is the only platform offering a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network connections - helping customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Trusted by more than 17,000 customers, G2 recognized Absolute as a leader for the tenth consecutive quarter in the Summer 20022 Grid® Report for Endpoint Management and as a high performer in the G2 Grid Report for Zero Trust Networking.