Customer Reliance and Trust in Data443 Capabilities,
Including Privacy and Security Capability for Data Storage and
Processing, Increasing Exponentially
RESEARCH TRIANGLE PARK, NC -- November 27, 2020 --
InvestorsHub NewsWire -- Data443 Risk Mitigation, Inc. (“Data443”
or the “Company”) (OTCPK:
ATDS), a leading data security and privacy software company for
ALL THINGS DATA SECURITY™, announced several key
initiatives to address the growing demand from customers related to
Data443’s growing hybrid cloud operations.
HIGHLIGHTS OF THE ANNOUNCEMENT:
-
Data443 has doubled its capacity at the world leading CyrusOne
data center in Research Triangle Park in Durham, NC, as well as
additional facilities in Dallas, TX
-
The Company continues to leverage its Hewlett Packard Enterprise
(“HPE”) relationship for quality infrastructure and services
-
The increased investment in hybrid cloud operations represents a
direct correlation to capacity needs for Arcmail ™,
along with forecasted consumption in the foreseeable future
-
The industry-first Zoom Privacy Scanner powered by
ClassiDocs™ drives significant continued processed
power requirements and demand increases
-
ARALOC™ data processing, storage, encryption and
increased sharing continue to drive consumption demands
WordPress GDPR Framework usage has increased 200% in past quarters,
driving over 1000 new subscribers to the world’s first Data443
Privacy Seal
WHY IT MATTERS:
-
Customer demands for Data443’s increased storage and retention
of data continues to grow, demonstrating continued and growing
trust in our unique solutions
-
Acquisitions such as FileFacets™ and Resilient
Networks™ continue to drive increased consumption
of our services and capacity of our infrastructure
-
Data privacy needs continue to grow in sophistication and
complexity on a nearly daily basis
-
Privacy Management capabilities
provided by ClassiDocs™ further drive value from
these data sets
Jason Remillard, CEO of Data443 commented, “Upon an internal
strategic review of our current cloud storage capabilities, actual
consumption and forecasts, and integrating our recent completed
acquisitions, we determined it was necessary to take these
important steps to expand our data storage capacities to meet the
growing needs of our customers. These measures demonstrate our
commitment to providing our customers with the advanced services
they need to access their data, with additional storage for the
needs of new customers that we add. While many companies have
struggled to define their role in this evolving and competitive
landscape, we continue to close business, deliver relevant and
on-point solutions. We expect this trend to continue as businesses
adopt to the new operating paradigm, new privacy frameworks and
brace themselves for the reality of the onslaught of new data
security requirements. The increased capacity is a direct
correlation to increased consumption by these same and new
customers in 2020.”
About Data443 Risk Mitigation, Inc.
Data443 Risk Mitigation, Inc. (OTCPK:
ATDS), is the de facto industry leader in Data Privacy
Solutions for All Things Data Security™,
providing software and services to enable secure data across local
devices, network, cloud, and databases, at rest and in flight. Its
suite of products and services is highlighted by: (i)
ARALOC™, which is a market leading secure, cloud-based
platform for the management, protection and distribution of digital
content to the desktop and mobile devices, which protects an
organization’s confidential content and intellectual property
assets from leakage — malicious or accidental — without impacting
collaboration between all stakeholders; (ii)
DATAEXPRESS®, the leading data transport, transformation
and delivery product trusted by leading financial organizations
worldwide; (iii) ArcMail™, which is a leading provider
of simple, secure and cost-effective email and enterprise archiving
and management solutions; (iv) ClassiDocs® the
Company’s award-winning data classification and governance
technology, which supports CCPA, LGPD, and GDPR compliance; (v)
ClassiDocs™ for Blockchain, which provides an
active implementation for the Ripple XRP that protects blockchain
transactions from inadvertent disclosure and data leaks; (vi)
Data443® Global Privacy Manager, the privacy
compliance and consumer loss mitigation platform which is
integrated with ClassiDocs™ to do the delivery
portions of GDPR and CCPA as well as process Data Privacy Access
Requests – removal request – with inventory by
ClassiDocs™; (vii) Resilient AccessTM, which
enables fine-grained access controls across myriad platforms at
scale for internal client systems and commercial public cloud
platforms like Salesforce, Box.Net, Google G Suite, Microsoft
OneDrive and others; (viii) Data443™ Chat History
Scanner, which scans chat messages for Compliance, Security, PII,
PI, PCI & custom keywords; (ix) the CCPA Framework WordPress
plugin, which enables organizations of all sizes to comply with the
CCPA privacy framework; (x) FileFacets™, a Software-as-a-Service
(SaaS) platform that performs sophisticated data discovery and
content search of structured and unstructured data within corporate
networks, servers, content management systems, email, desktops and
laptops; (xi) the GDPR Framework WordPress plugin, with over 30,000
active users and over 400,000 downloads it enables organizations of
all sizes to comply with the GDPR and other privacy frameworks; and
(xii) IntellyWP, a leading purveyor of user experience enhancement
products for webmasters for the world’s largest content management
platform, WordPress. For more information, please
visit https://www.data443.com.
Forward-Looking Statements
The statements contained in this release that are not historical
facts are forward-looking statements as defined in the Private
Securities Litigation Reform Act of 1995. Words such as “may,”
“will,” “could,” “should,” “expect,” “plan,” “project,” “intend,”
“anticipate,” “believe,” “estimate,” “predict,” “potential,”
“pursuant,” “target,” “continue,” and similar expressions are
intended to identify such forward-looking statements. The
statements in this press release that are not historical
statements, including statements regarding Data443’s plans,
objectives, future opportunities for Data443’s services, future
financial performance and operating results and any other
statements regarding Data443’s future expectations, beliefs, plans,
objectives, financial conditions, assumptions or future events or
performance that are not historical facts, are forward-looking
statements within the meaning of the federal securities laws. These
statements are not guarantees of future performance and are subject
to numerous risks, uncertainties, and assumptions, many of which
are beyond Data443’s control, and which could cause actual results
to differ materially from the results expressed or implied by the
statements. These statements are not guarantees of future
performance and involve risks, uncertainties and assumptions that
are difficult to predict, and include, without limitation, results
of litigation, settlements and investigations; actions by third
parties, including governmental agencies; volatility in customer
spending; global economic conditions; ability to hire and retain
personnel; loss of, or reduction in business with, key customers;
difficulty with growth and integration of acquisitions; product
liability; cybersecurity risk; anti-takeover measures in our
charter documents; and, the uncertainties created by the ongoing
outbreak of a respiratory illness caused by the 2019 novel
coronavirus that was recently named by the World Health
Organization as COVID-19. These and other important risk factors
are described more fully in our reports and other documents filed
with the Securities and Exchange Commission (“the SEC”), including
under (i) “Part I, Item 1A. Risk Factors”, in our Registration
Statement on Form 10 filed with the SEC on January 11, 2019 and
amended on April 24, 2019; (ii) “Part I, Item 1A. Risk Factors”, in
our Annual Report on Form 10-K filed with the SEC on 17 April 2020;
and, (iii) subsequent filings. Undue reliance should not be placed
on the forward-looking statements in this press release, which are
based on information available to us on the date hereof. Except as
otherwise required by applicable law, we undertake no obligation to
publicly update or revise any forward-looking statements, whether
because of new information, future events, or otherwise.
The Data443™ logo, ALL THINGS DATA
SECURITY™, ClassiDocs™ logo,
ARALOC™ logo and DATAEXPRESS® are
registered trademarks of Data443 Risk Mitigation, Inc.
All product names, trademarks and registered trademarks are
property of their respective owners. All company, product and
service names used in this website are for identification purposes
only. Use of these names, trademarks and brands does not imply
endorsement.
All other trademarks cited herein are the property of
their respective owners.
For Further Information:
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Investor Relations Contact:
Matthew Abenante
ir@data443.com
919.858.6542
Source - Data443 Risk Mitigation, Inc.
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