A Vancouver-based tech company says that simply spending more money on security for computer networks may not protect devices, data, and users from hackers.
Absolute Software Corporation's "2020 State of Endpoint Resilience Report" includes new research re-emphasizing that "the number of agents piling up on enterprise endpoint devices—up on average—is hindering IT and Security's ability to maintain foundational security hygiene practices, such as patching critical vulnerabilities, which may actually weaken endpoint security defenses".
According to the report, virtual private networks, as well as encryption and antivirus agents, are prone to decay.
"It is time for enterprises to increase the rigor around measuring the effectiveness for the investments they've made," Absolute president and CEO Christy Wyatt said in a news release.
The company bills itself as the leader in "Endpoint Resilience".
"With the rise of remote work environments in the wake of the COVID-19 outbreak, as of May 2020, one in three enterprise devices is now being used heavily (more than 8 hours per day)," the company stated. "The data also shows a 176 percent increase in the number of enterprise devices with collaboration apps installed as of May 2020, versus pre-COVID-19. This means the average attack surface, and potential vulnerabilities, has expanded significantly across enterprises."
The report notes that there are 10.2 security controls installed on the average endpoint. It also states that Windows 10 devices are, on average, 95 days behind on patching.
The full report is available here.
Through the first nine months of fiscal year, Absolute reported $8.17 million in comprehensive income on revenues of $77.5 million.