STOCK TITAN

Absolute Software Helps Customers Secure Remote Access and Communication with Expanding Ecosystem of Self-Healing Applications

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Absolute Software (NASDAQ: ABST) has announced enhancements to its Application Persistence service, allowing customers to autonomously self-heal critical applications essential for remote work security. With the rise of permanent remote work, this service ensures that security tools, including Netskope and various VPN solutions, remain installed and operable. The service leverages Absolute's unique Persistence capabilities, embedded in over 500 million devices, enabling automatic monitoring and repair of security applications without human intervention. This approach aims to bolster endpoint security while alleviating pressure on IT teams.

Positive
  • Application Persistence service allows customers to self-heal critical applications autonomously.
  • Enhances endpoint security by ensuring key security tools remain healthy and undeletable.
  • Service embedded in over 500 million devices provides strong market presence and reliability.
  • Addresses the growing need for effective remote work security solutions amid pandemic-driven shifts.
Negative
  • None.

Absolute Software™ (NASDAQ: ABST) (TSX: ABST), a leader in Endpoint Resilience™ solutions, today announced customers can now autonomously self-heal more of the critical applications they rely on to secure remote access and communication for their distributed workforces. Using Absolute’s Application Persistence™ service, IT and security administrators can help ensure the Netskope® Cloud Access Security Broker (CASB) and Next-Gen Secure Web Gateway (NG-SWG) – in addition to more than 40 other leading endpoint security agents and productivity tools – remain installed, healthy, and undeletable.

The ongoing global COVID-19 outbreak has unearthed the dire need for organizations to find effective, scalable solutions capable of supporting remote and hybrid work environments for the long term. The percentage of workers around the world permanently working from home is expected to double in 2021, according to a survey from Enterprise Technology Research (ETR). Guidance from industry experts emphasizes that in order to support larger populations of work-from-home employees effectively, “security teams must have the right technology in place to avoid poor performance and ensure secure access.”

Anchored by its firmware-embedded Persistence® capabilities residing in more than 500 million endpoints, Absolute provides an undeletable digital tether to every device to help ensure the highest levels of resiliency. Absolute’s Application Persistence service leverages this unbreakable, two-way connection to monitor mission-critical security applications’ health and behavior, identify if missing or corrupted, and automatically repair or reinstall components when necessary - without requiring human intervention.

“It’s critical for organizations to preserve secure cloud access to critical applications, systems, and data,” said Billy Bond, VP of Business Development and Alliances at Netskope. “We’re pleased to support Absolute Software, whose Persistence and Resilience capabilities make it easy for customers to monitor and self-heal popular Netskope offerings such as CASB and NG-SWG.”

“With the future of work and school still in flux, organizations realize the need for security solutions that can help them maintain agility and resiliency regardless of whether they are operating in-person or remotely, or transitioning back and forth,” said Ameer Karim, EVP of Product Management at Absolute. “By extending our self-healing capabilities to the applications our customers rely on to enable secure access to corporate applications and systems like Netskope, we are equipping them to both strengthen endpoint security and minimize the burden on already-stretched IT and Security teams.”

To enable remote workers to securely access corporate networks and systems, Absolute Resilience® customers can now also monitor and self-heal the Palo Alto Networks® GlobalProtect™ security platform, in addition to several previously announced virtual private network (VPN) tools: Cisco® AnyConnect® Secure Mobility Client, F5® BIG-IP® Edge Client, and Pulse Connect Secure. A full list of the currently supported applications that comprise Absolute’s growing Application Persistence ecosystem is available here.

Customers who would like to learn more about purchasing Absolute’s Application Persistence service as a standalone add-on to their current product offering should contact their authorized Absolute reseller or an Absolute sales representative.

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.

FAQ

What is the latest update from Absolute Software regarding its Application Persistence service?

Absolute Software has enhanced its Application Persistence service to allow customers to autonomously self-heal critical applications used for remote work security.

How does Absolute's Application Persistence service improve endpoint security?

The service ensures that essential security tools, such as Netskope and various VPN solutions, remain installed and operational, thus enhancing overall endpoint security.

What market need does Absolute Software's new service address?

The service addresses the urgent need for effective security solutions to support the increasing number of permanent remote workers due to the pandemic.

How many devices are embedded with Absolute's Persistence capabilities?

Absolute's Persistence capabilities are embedded in over 500 million devices.

What are the benefits of using Absolute’s Application Persistence service?

Benefits include autonomous monitoring and repair of security applications, reduced strain on IT teams, and enhanced security for remote work environments.

Absolute Software Corporation

NASDAQ:ABST

ABST Rankings

ABST Latest News

ABST Stock Data

610.81M
52.61M
Data Processing, Hosting, and Related Services
Information
Link
Canada
Vancouver