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Reliability and customer confidence in data capabilities443, including privacy and security functionality for data storage and processing, growing exponentially
RESEARCH TRIANGLE PARK, NC, November 27, 2020 (GLOBE 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 growing customer demand for Data443’s growing hybrid cloud operations.
HIGHLIGHTS OF THE NOTICE:
- Data443 doubled its capacity at the world-leading CyrusOne data center at Research Triangle Park in Durham, NC, as well as additional facilities in Dallas, TX
- The company continues to leverage its relationship with Hewlett Packard Enterprise (“HPE”) for quality infrastructure and services
- The increased investment in hybrid cloud operations is a direct correlation to Arcmail’s capacity needs ™, along with the expected consumption in the near future
- The industry’s first privacy zoom scanner powered by ClassiDocs™ drives significant continuous processed power requirements and increases demand
- ARALOC™ data processing, storage, encryption and increased sharing continue to drive consumer demands
- Usage of the WordPress GDPR Framework has increased by 200% in the last few quarters, bringing over 1000 new subscribers to the world’s first Data443 Privacy Seal
BECAUSE MATTER:
- Customer demands for Data443’s increased data storage and retention capacity continue to grow, demonstrating continued and growing confidence in our unique solutions
- Acquisitions like FileFacets™ and resilient networks™ continue to promote greater consumption of our services and the capacity of our infrastructure
- Data privacy needs continue to grow in sophistication and complexity almost daily
- Privacy management features provided by ClassiDocs™ additional guide value from these data sets
Jason Remillard, CEO of Data443 commented, “Following an internal strategic review of our current cloud storage, actual consumption and forecasting capacities and complementing our recently completed acquisitions, we determined that these important steps needed to be taken to expand our ability to meet the growing needs of our customers. These measures demonstrate our commitment to provide our customers with the advanced services they need to access their data, with additional storage space for the needs of new customers we add. Although many companies have struggled to define their role in this competitive and evolving landscape, we continue to close deals, provide relevant and timely solutions. We expect this trend to continue as companies adopt the new operational paradigm, the new frameworks on privacy and prepare for the reality of the assault of the new data security requirements. The increase in capacity is a direct correlation with the increase in consumption of these same and new customers in 2020 “.
Information on Data443 Risk Mitigation, Inc.
Data443 Risk Mitigation, Inc. (OTCPK: ATDS), is the de facto industry leader in data privacy solutions for Data security for all things™, providing software and services to enable protected data on local devices, networks, clouds 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 managing, protecting and delivering digital content on desktops and mobile devices, which protects an organization’s confidential content and intellectual property assets from loss – harmful or accidental – without affecting the collaboration between all interested parties; (ii) DATAEXPRESS®, the leading data transport, transformation and delivery product trusted by leading financial organizations around the world; (iii) ArcMail™, which is a leading provider of simple, secure, and affordable email and business management and archiving 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 Ripple XRP that protects blockchain transactions from inadvertent disclosure and data leaks; (vi) Data 443® Global Privacy Manager, the platform for privacy compliance and consumer loss reduction integrated with ClassiDocs™ to perform the delivery parts of GDPR and CCPA, as well as process data privacy access requests – removal request – with ClassiDocs inventory™; (vii) Resilient AccessTM, which enables granular access controls across a myriad of large-scale platforms for internal client systems and commercial public cloud platforms such as Salesforce, Box.Net, Google G Suite, Microsoft OneDrive, and others; (viii) Data 443™ Chat History Scanner, which analyzes chat messages for compliance, security, PII, PI, PCI, and custom keywords; (ix) the CCPA Framework plugin for WordPress, which allows 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 search for structured and unstructured data content within corporate networks, servers, content management systems, and -mail, desktop and laptop; (xi) the WordPress GDPR Framework plugin, with over 30,000 active users and over 400,000 downloads, enables organizations of all sizes to comply with the GDPR and other privacy frameworks; and (xii) IntellyWP, a leading provider of user experience enhancement products for webmasters for the world’s largest content management platform, WordPress. For more information, visit http://www.data443.com.
Forward-Looking Statements
Statements 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 “could”, “will”, “could”, “should”, “expect,” “Plan” , “project”, “intend”, “anticipate”, “believe”, “estimate”, “foresee”, “potential”, “compliant”, “objective”, “continue” and similar expressions are intended to identify such forward-looking statements . Statements contained in this press release that are not historical statements, including statements regarding the plans, objectives, future opportunities for Data443’s services, future financial performance and operating results, and any other statements regarding the expectations, beliefs, Data443’s plans, objectives and financial conditions, future assumptions or events or performance that are not historical facts, are forward-looking statements within the meaning of 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 in 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, the results of disputes, agreements and investigations; actions of third parties, including government agencies; volatility in customer spending; global economic conditions; ability to hire and retain staff; loss or reduction of business with key customers; difficulties with the growth and integration of acquisitions; product liability; cyber security risk; anti-takeover measures in our charter documents; and the uncertainties created by the ongoing outbreak of a respiratory disease caused by the new coronavirus of 2019 that was recently named by the World Health Organization as COVID-19. These and other important risk factors are described in more detail in our reports and other filings with the Securities and Exchange Commission (“the SEC”), including in (i) “Part I, Item 1A. Risk Factors”, in our Form 10 Registration Statement filed with the SEC on January 11, 2019 and amended on April 24, 2019; (ii) “Part I, point 1A. Risk Factors “, in our annual report on Form 10-K filed with the SEC on April 17, 2020; and (iii) subsequent filings. Undue reliance should not be placed on the forward-looking statements contained in this press release, which are based on information available to us as of the date of this document.Unless otherwise required by applicable law, we undertake no obligation to publicly update or revise forward-looking statements, due to new information, future events or otherwise.
Data 443™ logo, ALL THINGS DATA SECURITY™, ClassiDocs™ logo, ARALOC™ logo and DATAEXPRESS® are registered trademarks of Data443 Risk Mitigation, Inc.
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Investor Relations Contact:
Matthew Abenante
[email protected]
919.858.6542
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