Security Best Practices Combined with Laptop and Data Protection
Software Help Keep Social Security Numbers & Tax Information Secure
VANCOUVER, April 13 /CNW/ - Absolute® Software Corporation ("Absolute" or the "Company") (TSX: ABT), the
leading provider of endpoint security and management solutions that
reduce IT costs, prove regulatory compliance, respond to computer
theft, and optimize productivity, today announced best practices for
consumers looking to protect and secure bank account information,
identification numbers, and other sensitive data that is stored on
their laptops, particularly during tax season.
"Tax season provides cyber-criminals with the perfect opportunity to
gain access to the most valuable stolen goods on the market - personal
data, including bank account information and social security numbers,"
said Mark Grace, vice president of consumer business, Absolute
Software. "Through our involvement in laptop theft investigations in 75
countries, we've seen countless cases where stolen information was used
to open credit cards, withdraw money from bank accounts, or apply for
loans. Given the type of information needed to file taxes online, there
has never been a better time to make sure that the correct safety
precautions are in place."
With approximately 70 percent of individuals filing tax returns online
in 2010 according to the IRS, Absolute recommends that consumers adopt
the following security best practices to ensure that personal
information stored on computers is protected well beyond this year's
April 18th tax filing deadline:
Protect against phishing attacks - Large companies like Target, Citi, and countless others impacted by
the recent Epsilon breach have sent emails to consumers, notifying them
of their official policies for collecting personal information.
Government agencies have been impacted by phishing threats as well. To
help educate consumers on the ways that it collects information from
filers, the IRS lists current procedures on its website. Becoming familiar with these
policies and being alert to suspicious emails is key to preventing the
disclosure of personal and/or financial information to malicious
Become a fan of document encryption - If confidential information or personal documentation is stored on a
laptop, such as a PDF of a tax return, document encryption is an
effective security measure. With many advanced tools available on the
market today, consumers can easily protect, control access to, and
track documents that are stored on or sent from computers.
Always use a secure Internet connection - Even after tax returns are processed, information related to returns
is often stored on the device used to file the paperwork
electronically. Taking that same device to an airport or local coffee
shop and connecting to an open network creates an opportunity for an
experienced hacker to easily gain access to sensitive data.
Run virus and/or malware scans often - Not all virus protection programs come with settings that allow for
continuous scanning and threat removal. Ensuring that anti-virus
software is up to date and system scans are done on a daily basis will
help to identify and mitigate new threats that a system has been
exposed to. It is also beneficial to complete these scans prior to
online banking, shopping or bill-paying.
Know where devices are most vulnerable - Despite taking precautions to protect against hackers and other
malicious sources online, the reality is that laptops (and the data
stored on them) are still vulnerable to physical theft. Based on LoJack® for Laptops customer reports filed to the Absolute Theft Recovery Team,
laptops are most likely to be stolen while at school or home, where they are used most frequently. Taking
proper precautions to protect not only the devices themselves but the
data as well is critical.
Security best practices combined with a complete software solution that
offers remote device protection allows consumers to secure data from
all angles. LoJack for Laptops by Absolute Software gives users the
confidence that their laptops and information are protected should
theft occur. LoJack for Laptops is a software-based theft recovery
service that helps users remotely lock, delete, locate and recover
stolen devices and the data contained within. With the technology in
place, personal information remains protected even when it's in the
wrong hands, allowing users to avoid costly hardware replacements and
the fear of identity theft.
For last-minute tax e-filers, Absolute is offering H&R Block at Home
Basic Software for free* with the purchase of LoJack for Laptops
Premium. Computer owners interested in taking advantage of this offer
can do so by visiting www.lojackforlaptops.com.
*Limited time offer. Promotion expires on April 15, 2011
How Computrace Technology Works
Computrace® and LoJack for Laptops are powered by the Absolute Software patented
Computrace persistence technology. When embedded in the firmware of
computers from leading computer manufacturers*, Computrace can survive
operating system re-installations, as well as hard-drive reformats,
replacements and re-imaging, helping to ensure that the service is
there when you need it most. Whether a PC or Mac, the software is
virtually undetectable and phones home to the Absolute Monitoring
Center with location and asset information. If a computer is reported
stolen, the Absolute Theft Recovery Team works on behalf of the
customer to gather evidence from the computer to identify the thief's
location, and then works with local police to get the computer back.
Customers can also remotely delete data to help keep it out of the
hands of unauthorized users - a reliable contingency in case data
protection solutions fail. Computrace or LoJack for Laptops can be
easily activated by customers when they install a license ranging from
*For a list of computers with firmware-embedded support, visit www.absolute.com/firmware
About Absolute Software
Absolute Software Corporation (TSX: ABT) is the leader in tracking,
managing, and protecting computers and mobile devices. The Company's
Computrace, Absolute Manage and LoJack for Laptops solutions provide
theft recovery, data protection and computer lifecycle management
capabilities to organizations and consumers. The Company's software
agent is embedded in the firmware of computers by global leaders,
including Acer, ASUS, Dell, Fujitsu, General Dynamics Itronix, HP,
Lenovo, Motion, Panasonic and Toshiba, and the Company has reselling
partnerships with these OEMs and others, including Apple. For more
information about Absolute Software, visit www.absolute.com and http://blog.absolute.com.
This press release contains forward-looking statements that involve
risks and uncertainties. These forward-looking statements relate to,
among other things, the expected performance, functionality and
availability of our services and products, and other expectations,
intentions and plans contained in this press release that are not
historical fact. When used in this press release, the words "plan,"
"expect," "believe," and similar expressions generally identify
forward-looking statements. These statements reflect our current
expectations. They are subject to a number of risks and uncertainties,
including, but not limited to, changes in technology and general market
conditions. In light of the many risks and uncertainties you should
understand that we cannot assure you that the forward-looking
statements contained in this press release will be realized.
©2011 Absolute Software Corporation. All rights reserved. Computrace and
Absolute are registered trademarks of Absolute Software Corporation.
LoJack is a registered trademark of LoJack Corporation, used under
license by Absolute Software Corporation. LoJack Corporation is not
responsible for any content herein. U.S. patents No. 5,715,174, No.
5,764,892, No. 5,802,280, No. 5,896,497, No. 6,087,937, No. 6,244,758,
No. 6,269,392, No. 6,300,863, No. 6,507,914, No. 7818557, No. 7818803.
Canadian patents No. 2.211.735, No. 2,284,806 and No. 2,205,370. U.K.
patents No. EP793823, No. GB2298302 and No. GB2338101. German patent
No. 695 125 34.6-08. Australian patent No. 699045. Japanese patent No.
JP4067035. The Toronto Stock Exchange has neither approved nor
disapproved of the information contained in this news release.
SOURCE Absolute Software Corporation
For further information:
Kate Ryan, Affect Strategies
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Dave Mason, CFA, The Equicom Group
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