Welcome to our dedicated page for Data443 Risk Mitigation news (Ticker: ATDS), a resource for investors and traders seeking the latest updates and insights on Data443 Risk Mitigation stock.
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 has expanded its Sensitive Content Manager platform for a Fortune 500 non-profit healthcare provider with 11 hospitals and over 300 medical offices. This platform offers secure data management for 25,000 employees and 200,000 patients annually. CEO Jason Remillard emphasized the importance of this expansion, which includes real-time communication and encryption for safe access to sensitive information. The company's governance software is utilized across various sectors, reinforcing its commitment to data security.
Data443 Risk Mitigation (OTCPK: ATDS) announced a new multi-year agreement with a significant domestic wholesale electric energy provider, enhancing its retention management and data migration capabilities. This partnership is part of a series of successful contracts that expand Data443's revenue base. CEO Jason Remillard stated that the deal aims to reduce the client's data footprint by approximately 50%, while addressing urgent data management needs driven by new regulations. Data443's Data Identification Manager will support this initiative across various cloud platforms.
Data443 Risk Mitigation (OTCPK: ATDS) announced a multi-year agreement with a local government in the Asia-Pacific region, covering 500 employees in data privacy services. The deal enhances Data443's international growth and utilizes its cloud infrastructure for efficient data management. CEO Jason Remillard emphasized the significance of this agreement, which includes services such as SAR management and data classification. Data443’s platforms support compliance with various regulations and integrate across multiple cloud environments, strengthening its position in the data security market.
Data443 Risk Mitigation, a data security and privacy software leader (OTCPK: ATDS), announced a significant engagement with a national self-regulatory organization in the financial market. Their Data Archive Manager platform, based on HPE hardware, can manage extensive datasets while ensuring compliance with privacy and legislative demands. This platform supports more than 1,900 file types and meets escalating customer needs for data migration, as demand for storage sizes has surged from 10TB to requests as high as 9,000TB. Data443 also emphasizes their offerings in cloud services across various platforms.
Data443 (OTCPK: ATDS) announced its intent to acquire certain assets of Centurion Technologies, a leader in ransomware protection and workstation security. This strategic acquisition aims to integrate Centurion's patented technology, including Reboot/Restore, enhancing Data443's data security offerings. The deal is expected to close alongside a major market uplist, capitalizing on the growing ransomware threat, which is the top cyber risk for businesses in 2021. The financial details of the transaction remain undisclosed, but it is anticipated to add significant intellectual property and a robust customer base.
Data443 Risk Mitigation (OTCPK: ATDS) reported a 70% revenue increase for the first half of 2021, totaling $1.6 million, compared to $944,000 in 2020. The company's customer retention rate remains high at over 98%. Notable achievements include new contracts with a major global merchant and a Fortune 500 FinTech firm. Additionally, general and administrative expenses decreased by 11%, totaling $2.7 million. However, the company continues to report a net loss of $3.7 million, a significant reduction from last year's loss.
Data443 Risk Mitigation, Inc. (OTCPK: ATDS - ATDSD) will be a virtual sponsor at Black Hat USA 2021 on August 4-5. The company plans to showcase its cybersecurity solutions, particularly focusing on its ransomware recovery capabilities. CEO Jason Remillard expresses optimism about connecting with over 10,000 prospects in Q3 and Q4. Attendees can schedule meetings with the Data443 team and enter raffles for prizes. More information can be found on the Data443 website.
Data443 Risk Mitigation reported a contract extension for its Sensitive Content Manager™ platform with the Pittsburgh Steelers, enhancing data security for sensitive team materials. The platform ensures secure access to confidential documents including health records, game reviews, and playbooks. Both Data443's CEO and the Steelers' VP of Technology praised the partnership's value and effectiveness, especially during the pandemic. This collaboration underlines Data443's commitment to data security in sports and positions it as a leading provider in the industry.
Data443 Risk Mitigation announces a successful contract extension for its Access Control Manager™ platform with a major client in the cable and internet sector. The platform, known for its passwordless and fine-grained access controls, will expand functionality across more cloud service providers in 2021. With an expected passwordless authentication market of $456.79 billion by 2030, Data443 aims to solidify its position in the sector. The company's CEO emphasizes the value their technology provides to customers, signaling strong growth potential.
Data443 Risk Mitigation, Inc. (OTCPK: ATDSD - ATDS) announced a significant contract win with a Fortune 500 FinTech company, solidifying its position in the data security sector. This multi-year agreement, valued at over six figures annually, underscores the company's growing trust among large multinational firms. Following a recent reverse stock split, Data443 aims for a major market uplist, further enhancing its business strategy. CEO Jason Remillard emphasized the importance of data security in facilitating critical financial transactions across numerous partners.
