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Data443 Risk Mitigation Inc (ATDS) provides essential data security and privacy compliance solutions for enterprises worldwide. This dedicated news hub offers investors and stakeholders timely access to official updates, regulatory developments, and strategic business announcements.
Track all material disclosures through verified press releases, including product innovations like araloc™ secure content management and ClassiDocs™ governance platforms. Our curated feed covers earnings reports, partnership agreements, and compliance milestones tied to global standards like GDPR and CCPA.
Key updates include technology deployments, executive leadership changes, and cybersecurity industry recognitions. Bookmark this page for direct access to Data443's SEC filings, merger/acquisition alerts, and patent developments in blockchain data protection.
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Data443 Risk Mitigation (OTCPK: ATDS) has announced the completion of a major operational expense rationalization initiative, resulting in $3.1 million in annual cost savings. The optimization follows the company's recent expansion in the AI sector, including an acquisition of email categorization technologies and the launch of CAFAI™ training solution for AI language models.
The cost reductions were partly achieved through a new partnership with data center provider TierPoint. CEO Jason Remillard emphasized that these efficiencies will enable greater investments in the business while delivering enhanced data security solutions. The company expects to maintain these cost savings without incurring one-time charges, with additional benefits expected from reduced interest expenses as recurring revenue compounds.
Data443 Risk Mitigation (OTCPK: ATDS) has launched ClassiForAI (CAFAI), a new AI data classification and governance product. The solution enables customers to use their preferred AI engine (Amazon, Microsoft, HuggingFace, ChatGPT) to create accurate and confidential AI models using internal corporate documents.
ClassiForAI leverages Data443's existing capability of classifying content with over 1,400 policies in 43 languages. The offering includes access to their new datacenter facilities in Research Triangle Park and provides full lifecycle services including:
- Offline and live training of AI LLMs
- AI hardware rental (NVidia, Tenstorrent, AMD, Cerebras Systems)
- Secured USA-based data center facilities
- Continuous leasing of AI engines
- Identification and removal of sensitive content
Data443 Risk Mitigation (OTCPK: ATDS) has announced a strategic partnership with TierPoint to triple its data center infrastructure capacity. The expansion aims to support Data443's growing customer base, operational efficiency initiatives, and upcoming artificial intelligence programs.
Through this collaboration, Data443 will utilize TierPoint's advanced facilities to enhance infrastructure capabilities while optimizing operational expenses. The partnership is expected to generate substantial cost savings through improved efficiency and economies of scale. The expanded infrastructure will enable faster deployment of new services and support Data443's continued innovation in data security and privacy solutions.
The company recently acquired AI email management provider Breezemail.ai as part of its ongoing innovation in data security.
Data443 Risk Mitigation (OTCPK: ATDS) has acquired Breezemail.ai's intellectual property and operational assets, expanding its AI-powered email privacy capabilities. Breezemail.ai provides proprietary machine-learning algorithms for managing end-user mailboxes in Microsoft Office365 and Google GSuite Gmail, offering the industry's first implementation of private email organization outside service providers.
The technology allows users to maintain private rulesets for email management without sharing them with email providers. The integration will enhance Data443's product suites, particularly in healthcare, national defense, and government sectors. Key benefits include seamless integration with Cyren by Data443 deployments, enhanced protection against social engineering attacks, real-time threat intelligence sharing, and user-driven decision-making capabilities without IT assistance.
The acquisition aligns with market trends, as evidenced by Abnormal Security's anticipated IPO and growing enterprise demand for intelligent security platforms.
Data443 Risk Mitigation announced an updated open-source offering for email security, addressing the recent shutdown of the Spam and Open Relay Blocking System (SORBS). SORBS, a valuable DNS-based Block List, was widely used to identify spam sources. With the system's closure, many organizations lost vital spam protection services. Data443 steps in to provide free threat intelligence data to the SORBS community, enhancing email security with advanced AI and ML capabilities through its Cyren platform. New clients can sign up for a free trial. The company also highlighted record financial results for 2023 and its participation in Microsoft's Security Copilot Partner Program.
