VANCOUVER, British Columbia – January 25, 2021 – 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 (NASDAQ: ABST) (TSX: ABST) is the only provider of self-healing, intelligent security solutions. Embedded in more than 600 million 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 18,000 customers, G2 recognized Absolute as a leader for the eleventh consecutive quarter in the Fall 2022 Grid® Report for Endpoint Management and as a leader in the Grid Report for Zero Trust Networking.