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DATA443 RISK MTIGTING INC - ATDS STOCK NEWS

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Data443 Risk Mitigation, Inc. engages in data security and privacy, offering various products like Araloc, DataExpress, ArcMail, ClassiDocs, and others. The company also provides Data443 Global Privacy Manager, Resilient Access, and more. With recent recognitions and acquisitions, Data443 is committed to innovation and client service.

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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.

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Data443 Risk Mitigation, Inc. (OTCPK: ATDS) reported a remarkable 112% revenue increase and a 57% reduction in net loss for the fiscal year 2023. The company achieved significant milestones, including being recognized as a Sample Vendor in the Data Discovery category by Gartner, receiving accolades for its Ransomware Recovery Manager and Antivirus Protection Manager, and maintaining a high customer renewal rate of 98%. Data443 also made strategic acquisitions, secured major contract wins, and formed key partnerships to enhance its product offerings. The CEO highlighted the company's commitment to innovation, customer satisfaction, and market growth. Financially, Data443's total revenues reached $5,578,942, representing a substantial growth from the previous year, while the net loss decreased significantly. The company's liquidity position improved with higher cash and current assets compared to the previous year.
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Data443 Risk Mitigation, Inc. and Cyren by Data443 (OTCPK: ATDS) announced their participation in the Microsoft Security Copilot Partner Private Preview. Microsoft selected Data443 based on its experience with Microsoft Security technologies and close relationship with the company. The collaboration aims to shape Security Copilot product development, refine risk scenarios, and provide feedback on APIs. Data443 expects immediate benefits for its customers and product lines, especially with the addition of Cyren Ltd. technologies. The Microsoft Security Copilot is an AI-powered security product that processes signals at machine speed and assesses risk exposure in minutes.
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Data443 Risk Mitigation, Inc. (OTCPK: ATDS) has completed the purchase of certain assets of Cyren, Ltd. The company has successfully retained 52 out of 60 Cyren, Ltd. customers and expects to close new agreements with the remaining customers in the first quarter of 2024. Cyren, Ltd.'s technology includes threat and response streaming technologies, native email anti-spam, anti-malware, and Phishing/Business Email Compromise capabilities.
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Data443 Risk Mitigation, Inc. announces operating results for Q2 and first half of 2023, highlighting business accomplishments, acquisitions, contracts, and product updates. CEO Jason Remillard expresses confidence in the company's growth and innovation.
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FAQ

What is the current stock price of DATA443 RISK MTIGTING (ATDS)?

The current stock price of DATA443 RISK MTIGTING (ATDS) is $0.1 as of December 13, 2024.

What is the market cap of DATA443 RISK MTIGTING (ATDS)?

The market cap of DATA443 RISK MTIGTING (ATDS) is approximately 105.0K.

What products does Data443 Risk Mitigation, Inc. offer?

Data443 offers products like Araloc, DataExpress, ArcMail, ClassiDocs, Data443 Global Privacy Manager, Resilient Access, and more.

What recent achievements has Data443 Risk Mitigation, Inc. had?

Data443 has received industry recognition from Gartner, won awards for their security solutions, and achieved a 98% customer renewal rate.

What is Data443's financial condition?

As of June 30, 2023, Data443 had a cash balance of $15,904, trade accounts receivable of $3,147, and prepaid expenses and other current assets of $273,169.

How does Data443 strive to innovate?

Data443 constantly improves its products, recently adding antivirus and ransomware protection to their offerings, to stay at the forefront of cybersecurity.

What is Data443's core business?

Data443's core business revolves around data security, privacy, and compliance solutions for organizations.

What partnerships does Data443 have?

Data443 works with clients within the fintech sector and other industries, safeguarding trillions of dollars' worth of transactions and sensitive files annually.

How does Data443 prioritize customer satisfaction?

Data443's CEO has emphasized their focus on customer satisfaction, leading to a new era of growth driven by robust security solutions.

What recent acquisitions has Data443 made?

Data443 is acquiring certain assets from Cyren Ltd., including proprietary technology in threat intelligence, URL categorization, and email security.

What compliance standards does Data443 support?

Data443's ClassiDocs technology supports compliance standards like CCPA, LGPD, and GDPR, ensuring data classification and governance.

How does Data443 protect blockchain transactions?

Data443's ClassiDocs for Blockchain offers an active implementation for Ripple XRP, protecting blockchain transactions from inadvertent disclosure and data leaks.
DATA443 RISK MTIGTING INC

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