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VANCOUVER, B.C.--(BUSINESS WIRE)--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 Absolutes critical capabilities to address todays 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 Absolutes 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, Absolutes 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 its 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 Absolutes 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 industrys 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.

Answer: Absolute Resilience Awarded 2020 Cyber Catalyst Designation Leading cyber insurers acknowledge Absolute Softwares unique capabilities to help customers reduce cybersecurity risks