Absolute Software Named Gold Winner in 2023 Cybersecurity Excellence Awards
VANCOUVER, British Columbia and SAN JOSE, Calif. — March 20, 2023 — Absolute Software™ (NASDAQ: ABST) (TSX: ABST), the only provider of self-healing, intelligent security solutions, today announced it has been named a gold winner in the 2023 Cybersecurity Excellence Awards, with Absolute Ransomware Response recognized as an industry-leading Endpoint Security product.
It is predicted that global ransomware damages will exceed $265 billion annually by 2031, with a new attack occurring every two seconds - leaving businesses incapable of accessing critical data and unable to operate. As the only vendor embedded in more than 600 million devices, Absolute is uniquely positioned to empower organizations to prepare for, respond to, and fully recover from a cyberattack. Absolute Ransomware Response delivers the capabilities needed to assess ransomware preparedness for endpoints, monitor endpoint cyber hygiene across an entire device fleet, and expedite endpoint recovery.
“We are committed to ensuring our customers have the innovative solutions they need to strengthen cyber resiliency against today’s attackers, and we are honored to be recognized for delivering on that commitment,” said John Herrema, EVP of Product and Strategy at Absolute Software. “There’s no question that ransomware remains the most prevalent and potentially disruptive threat for organizations of all sizes, and across every industry… and they are acknowledging the critical need to look beyond prevention and focus on response and recovery.”
The Cybersecurity Excellence Awards honor individuals and companies that demonstrate excellence, innovation, and leadership in information security. Winners were selected based on the strength of their nomination as well as votes from the Infosec community. This year’s program was highly competitive, with over 800 entries in more than 300 award categories.
To see the full list of 2023 Cybersecurity Excellence Award winners, visit here. To learn more about Absolute Ransomware Response, visit here.
About Absolute Security
Absolute Security is partnered with more than 28 of the world’s leading endpoint device manufacturers, embedded in the firmware of 600 million devices, trusted by thousands of global enterprise customers, and licensed across 16 million PC users. With the Absolute Security Cyber Resilience Platform integrated into their digital enterprise, customers ensure their mobile and hybrid workforces connect securely and seamlessly from anywhere in the world and that business operations recover quickly following cyber disruptions and attacks. Our award-winning capabilities have earned recognition and leadership status across multiple technology categories, including Zero Trust Network Access (ZTNA), Endpoint Security, Security Services Edge (SSE), Firmware-Embedded Persistence, Automated Security Control Assessment (ASCA), and Zero Trust Platforms. To learn more, visit www.absolute.com and follow us on LinkedIn, X, Facebook, and YouTube.
ABSOLUTE SECURITY, ABSOLUTE, the ABSOLUTE LOGO, AND NETMOTION are registered trademarks of Absolute Software Corporation ©2025, or its subsidiaries. All Rights Reserved. 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. Absolute Security is a Crosspoint Capital portfolio company.
For more information, please contact:
Media Relations
Joe Franscella
press@absolute.com