Absolute Software Releases Top Security Trends in 2012 Endpoint Security Report

Sep 04, 2013, 07:00 ET from Absolute Software Corporation

The Absolute 2012 Endpoint Security Report Shares Data Security Trends and Information From 12,000+ Stolen Device Investigations Around the World

VANCOUVER, Sept. 4, 2013 /PRNewswire/ - 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 successfully recovered over 12,700 stolen devices," 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."

A copy of the report is available at: http://www.absolute.com/en/resources/whitepapers/endpoint-security-report-2012

About Absolute Software
Absolute Software Corporation (TSX: ABT) is the industry standard in persistent endpoint security and management for computers, laptops, tablets and smartphones. The Company, a leader in device security and management tracking for 20 years, has over 30,000 commercial customers worldwide. Absolute's solutions - Computrace®, Absolute Manage®, Absolute Service, Absolute Secure Drive, and Computrace LoJack for Laptops - provide organizations with actionable intelligence to prove compliance, securely manage BYOD, and deliver comprehensive visibility and control over all of their devices and data. Absolute is positioned on two Gartner, Inc. Magic Quadrants - the Magic Quadrant for Client Management Tools and the Magic Quadrant for Mobile Device Management Software. Absolute is one of only four vendors to be recognized on both Magic Quadrants based on providing customers with the ability to secure and manage many different types of devices using a single solution. Absolute persistence technology is embedded in the firmware of computers, netbooks, tablets and smartphones by global leaders, including Acer, ASUS, Dell, Fujitsu, HP, Lenovo, Motion, Panasonic, Samsung, and Toshiba, and the Company has reselling partnerships with these OEMs and others, including Apple. For more information about Absolute Software, visit www.absolute.com.

This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, the expected performance, functionality and availability of our services and products, and other expectations, intentions and plans contained in this press release that are not historical fact. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our 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 you should understand that we cannot assure you that the forward-looking statements contained in this press release will be realized.

©2013 Absolute Software Corporation. All rights reserved. Computrace and Absolute are registered trademarks of Absolute Software Corporation. LoJack is a registered trademark of LoJack Corporation, used under license by Absolute Software Corporation. LoJack Corporation is not responsible for any content herein. U.S. patents No. 5,715,174, No. 5,764,892, No. 5,802,280, No. 5,896,497, No. 6,087,937, No. 6,244,758, No. 6,269,392, No. 6,300,863, No. 6,507,914, No. 7,818,557, No. 7,818,803, No. 7,945,709, No. 8,062,380, No. 8,234,359, No. 8,241,369, No. 8,307,055, No. 8,332,953, No. 8,346,234, No. 8,362,901, No. 8,418,226, No. 8,419,806, No. 8,441,348 and No. 8,510,825. Canadian patents No. 2,211,735, No. 2,284,806, No. 2,205,370 and No. 2,771,208. U.K. patents No. EP0793823, No. GB2298302, and No. GB2338101. German patent No. 69512534. Australian patent No. 699045. Japanese patent No. 4067035. Mexican patent No. 297,406. Russian patent No. 2,460,220. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.

SOURCE Absolute Software Corporation