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Overview of Data443 Risk Mitigation Inc (ATDS)
Data443 Risk Mitigation Inc is a company specializing in data security, privacy compliance, and risk mitigation solutions. The firm provides a broad portfolio of cloud-based and on-premise platforms that enable organizations to manage, protect, and distribute digital content securely. By integrating advanced data governance techniques with state-of-the-art technology, Data443 affirms its commitment to safeguarding critical information and ensuring compliance with key global data protection regulations.
Core Business Areas
At its core, Data443 delivers solutions that address several vital areas:
- Cloud-Based Digital Content Management: The company offers araloc, a platform designed for the secure management and distribution of digital assets across desktop and mobile devices. This system is built to ensure seamless access while maintaining robust data security protocols.
- Data Transport and Transformation: With its product dataexpress, Data443 facilitates the efficient transport, transformation, and delivery of data. This solution is particularly important for organizations seeking to streamline their data operations without compromising on security or integrity.
- Email and Enterprise Archiving: Through arcmail, the company provides comprehensive email management and archival solutions that help businesses maintain historical records and ensure compliance with data retention policies.
- Data Classification and Governance: Classidocs is a sophisticated technology aimed at classification and governance of data, supporting compliance requirements under international frameworks such as CCPA, LGPD, and GDPR. This tool ensures that sensitive information is categorized properly and handled with the necessary care.
- Blockchain Security: With classidocs for blockchain, the company extends its expertise to the cryptocurrency arena. It offers protection mechanisms specifically designed to shield blockchain transactions, such as those associated with Ripple XRP, from inadvertent data exposure and leaks.
- Privacy Compliance Management: The Data443 Global Privacy Manager is a comprehensive platform that helps organizations mitigate risks related to consumer data and privacy breaches, establishing robust compliance and loss mitigation protocols.
- Access Control Technologies: The resilient access solution enables organizations to implement fine-grained access controls across multiple platforms, ensuring that data access is strictly regulated and securely managed.
- Communication Monitoring: With the Data443 Chat History Scanner, the company provides a tool to scan and analyze chat communications for compliance with security standards, including the identification of personally identifiable information and custom keywords that trigger alerts.
Significance in the Data Security and Privacy Sector
The operations of Data443 are firmly rooted in addressing the ever-evolving challenges of data security. In an era where digital content is a critical asset, the importance of robust security solutions cannot be overstated. Data443 differentiates itself by integrating compliance with privacy regulations into its suite of products, ensuring that organizations can adapt to the complex legal and technological environment. The company’s focus on both traditional data security (such as secure email and file management) and emerging needs (such as blockchain transaction protection) positions it uniquely in the marketplace.
Technology and Innovation
Data443 leverages cutting-edge, cloud-based architecture combined with advanced data analytics to deliver its services. By embedding comprehensive encryption methodologies, fine-grained access controls, and intelligent monitoring systems, the company supports organizations in preemptively addressing potential vulnerabilities. This level of technical expertise places Data443 among the companies that not only provide tools but also contribute to the broader discourse on cybersecurity best practices and data governance frameworks.
Regulatory Compliance and Data Governance
A key element of Data443’s offerings is its tailor-made approach to regulatory compliance. With increasing global emphasis on data protection, platforms such as classidocs ensure that organizations remain compliant with legislative mandates like the GDPR, CCPA, and LGPD. The integration of such compliance features into operational tools underscores the company’s dedication to bridging the gap between business efficiency and legal accountability.
Competitive Position
Within the competitive landscape, Data443's extensive suite of technologies is designed to meet a diverse range of security and regulatory needs. Unlike many solutions that focus solely on one dimension of data security, Data443 provides an end-to-end portfolio that encompasses data transport, secure communications, data retention, and even blockchain transaction security. This comprehensive approach is pivotal for organizations that require multi-layered security without the complexity of managing multiple vendors. The sophisticated nature of these platforms also demonstrates the company’s deep industry expertise and its commitment to delivering robust, scalable solutions in an increasingly interconnected digital world.
Investor and Stakeholder Insights
For stakeholders, understanding the operational framework of Data443 is essential. The company's methodology—centered on integrating data security with compliance and risk mitigation—offers insight into its long-standing approach to addressing organizational vulnerabilities. Each product is crafted to handle specific facets of the modern data security challenges, and together they form a cohesive strategy that is aligned with prevailing regulatory and technological trends. This methodical approach fosters an environment where risk is effectively managed through technology, positioning Data443 as a critical component in the digital economy’s infrastructure.
Conclusion
Overall, Data443 Risk Mitigation Inc (ATDS) stands as a multifaceted provider of security technology solutions, addressing a wide spectrum of data protection needs. Its detailed product suite showcases a deliberate effort to merge technological innovation with regulatory compliance, offering businesses a robust framework for risk mitigation. By utilizing a balanced mix of cloud-based solutions and targeted security measures, Data443 underlines its role in protecting digital assets and upholding data integrity in an increasingly complex technological landscape.
Data443 Risk Mitigation, Inc. (OTCPK: ATDS) has completed the acquisition of ransomware protection technologies and ancillary assets from Centurion Technologies. This strategic move enhances Data443's compliance with Cybersecurity & Infrastructure Security Agency (CISA) requirements and adds valuable intellectual property and a robust customer base. The acquisition aims to bolster Data443's capabilities in data security, particularly against ransomware attacks, by providing effective recovery solutions and expanding its technology stack.
Data443 Risk Mitigation, Inc. (OTCPK: ATDS) has launched its first antivirus product, the Data443 Antivirus Protection Manager, designed for Windows desktops, laptops, and cloud instances. This solution aims to deliver comprehensive protection against various cyber threats, including viruses and ransomware, without the burden of crypto-mining software. The company emphasizes its commitment to data security, with additional features integrating with existing services like Ransomware Recovery Manager. Clients can explore several pricing models, including options for individuals and enterprises.
Data443 Risk Mitigation, Inc. (OTCPK: ATDS) has appointed Nanuk Warman as its new Chief Financial Officer. Warman, a CPA, CMA, and CFA, brings 23 years of experience in corporate accounting and finance, having consulted for Data443 for almost three years. His expertise includes complex financial reporting, mergers, and acquisitions. CEO Jason Remillard emphasized Warman’s critical skills and vision for enhancing financial operations. Warman expressed enthusiasm for leading the company towards significant growth and value creation.
Data443 Risk Mitigation (OTCPK: ATDS) reported a significant revenue increase of 113% for Q3 2021, totaling $1.495 million, and an 88% rise for the nine months ended September 30, 2021, reaching $3.095 million. The net loss decreased by 35% year-over-year to $974,000 in Q3. Key achievements included major customer contracts worth at least $1.54 million, a successful corporate rebrand, and plans to acquire Centurion Technologies. Data443 also emphasized strong customer retention rates exceeding 99%.
Data443 Risk Mitigation (OTCPK: ATDS) will participate as a gold-level exhibitor at the Gartner Security & Risk Management Summit 2021, showcasing its Data Identification Manager solution. CEO Jason Remillard will conduct a live demonstration on November 16th, addressing data governance challenges. The Summit is anticipated to attract significant attendees, including CISOs and senior IT leaders, providing Data443 with an opportunity to highlight its new solutions amidst rising cybersecurity concerns.
Data443 Risk Mitigation, Inc. (OTCPK: ATDS) has announced a comprehensive rebranding of its product suite and corporate website. This initiative follows the integration of its offerings from seven acquisitions, aiming to enhance their data security and privacy solutions. The campaign will promote these changes at major industry trade shows. Marketing Director Braelyn Grimes emphasized the need for meaningful client engagement, while CEO Jason Remillard highlighted the strategic priority of showcasing their technological capabilities to foster growth.
Data443 Risk Mitigation, via OTC symbol ATDS, has secured a groundbreaking contract worth $1.54 million over 3.5 years with a leading global financial services corporation, marking their largest order to date. The customer has prepaid the entire amount, underscoring confidence in Data443's technologies. This contract involves their Data Placement Manager™ platform, demonstrating Data443's rising prominence in data security within the fintech sector. The SEC has cleared Data443's registration statement, which could facilitate a Nasdaq listing, pending regulatory review.
Data443 Risk Mitigation, known by the symbol ATDS, announces progress on its application to list on Nasdaq. Following a reverse stock split on July 1, 2021, the company is working with Donohoe Advisory Associates to navigate the listing process. While no assurance of approval exists, the effort is aimed at enhancing shareholder value and attracting more institutional and retail investors. The SEC has cleared a related Registration Statement, enabling potential capital raise contingent on listing success. Data443 aims to elevate its market presence and competitive standing.
Data443 Risk Mitigation, Inc. (OTCPK: ATDS) has secured a contract with an education system in the Caribbean for its Data Archive Manager™. This software will facilitate on-island and off-island email and data archiving, retention, privacy, and eDiscovery capabilities. The need for robust data services is enhanced by unique challenges presented by natural events like hurricanes. The company continues to expand its offerings, including a partnership with HPE, Nvidia, and CyrusOne to ensure data resiliency and security throughout.
Data443 Risk Mitigation announced that Fitness Finders is using its Data Identification Manager to comply with CCPA and other U.S. privacy laws. This partnership addresses the management of millions of identities across 24,000 schools, emphasizing the importance of data security for children. Data443 provided Fitness Finders with a branded interface for privacy requests, enhancing their compliance capabilities. The Data Identification Manager is part of a comprehensive product suite aimed at secure data management and compliance, affirming Data443's position in the data security market.
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