[Singapore] AZ Asia-Pacific has recently joined forces with Absolute Software to enhance cybersecurity measures for businesses across the Asia-Pacific region. The partnership aims to tackle the rising menace of ransomware attacks and malicious intrusions, equipping organizations with the necessary tools to bolster their cyber resiliency.
Absolute Software boasts a remarkable presence, embedded within over 600 million devices. Their platform offers a unique and permanent digital connection that intelligently applies visibility, control, and self-healing capabilities to various endpoints, applications, and network connections. With their groundbreaking Application Resilience™ technology, IT and security professionals gain the ability to monitor the health of critical applications. This innovative solution detects issues such as missing, corrupted, or underperforming components and can automatically initiate repairs or reinstallations without human intervention.
According to IDC's most recent Worldwide Semiannual Security Spending Guide, the expenditure on security hardware, services, and software in the Asia-Pacific region is projected to reach an impressive USD 36 billion in 2023. This figure represents a substantial 16.7% increase compared to the previous year. Despite economic uncertainties and potential slowdowns, security investments are expected to remain resilient in the coming years. The spending is likely to prioritize security services, followed by security software, with endpoint security, information and data security software, and identity and digital trust software leading the way. These categories are anticipated to account for more than half of the overall security software expenditure in 2023.
Seth Ho, the Chief Revenue Officer of AZ Asia-Pacific, highlighted the increasing vulnerability organizations face as they expand and accumulate more endpoints to accommodate a growing user base. This expansion inevitably widens the attack surface, providing malicious actors with more entry points to exploit. In response to the market's demands, the strategic partnership with Absolute Software positions AZ Asia-Pacific favorably. It enables the company to offer a comprehensive portfolio of industry-leading products and solutions to businesses seeking robust cybersecurity measures.
Mark Grace, the Chief Revenue Officer at Absolute, emphasized the critical need for resilient security controls in today's work-from-anywhere environments. With distributed devices and sensitive data at risk, organizations must adopt powerful security defenses. Through their collaboration with AZ Asia-Pacific, Absolute Software aims to empower more organizations in the region. By leveraging Absolute's intelligent and self-healing solutions, businesses can strengthen their security posture and protect their valuable assets.
Source: AZ Asia-Pacific
