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 announced a 1-for-2,000 Reverse Stock Split effective July 1, 2021. The split reduces the company's outstanding shares from approximately 1.48 billion to about 741,945 shares. As per FINRA guidelines, the stock symbol will temporarily change to ATDSD for 20 business days before reverting to ATDS. CEO Jason Remillard expressed that this strategic move aims to make the stock more attractive and prepare the company for future growth, including a national stock exchange application.
Data443 Risk Mitigation (OTCPK: ATDS) announced an enhanced product bundle aimed at combating ransomware threats. The highlight includes the Data443 Ransomware Recovery Manager™, which uniquely protects and recovers sensitive data on infected devices. This bundle, starting at $69/user, combines three key products: Data443 Data Identification Manager™, Data443 Sensitive Content Manager™, and the Ransomware Recovery Manager™. As cyber threats escalate, this suite not only mitigates risks but also ensures compliance, offering businesses a comprehensive solution to safeguard their data and infrastructure.
Data443 Risk Mitigation has reported a robust Q1 2021, with total revenues soaring to $838,000, up 75% from $478,000 in Q1 2020. The company signed significant contracts, including a partnership with a major global merchant and a collaboration with Actian Corporation. They launched the Ransomware Recovery Manager, enhancing their product suite. Notably, Data443 retired over $10 million in derivative liabilities, strengthening its balance sheet. Despite a net loss of $2.18 million, a vast improvement from $10.18 million a year prior, the company remains optimistic about growth and client demand in a post-pandemic environment.
Data443 Risk Mitigation (OTCPK: ATDS) will host a business update webcast on April 19, 2021, at 4:30 PM ET. Investors can submit questions via email. The company provides a range of data privacy solutions, including sensitive content management and data archiving technologies. Their products comply with major data protection regulations, enhancing data security and privacy across local and cloud environments. More details can be found on their official website.
Data443 Risk Mitigation (OTCPK: ATDS) announces its sponsorship of the CISO Executive Network series on Data Governance, Protection & Privacy. CEO Jason Remillard highlights the importance of strong classification guidelines, especially during the pandemic, as demand for their solutions grows. The company shares success stories, including a recent deployment with a major bank in the Middle East, utilizing the Microsoft DKE framework. Data443 aims to enhance customer engagement through virtual presentations and is committed to helping organizations navigate privacy and security strategies.
Data443 Risk Mitigation (OTCPK: ATDS) announces a new contract with a major global merchant and payment processor, promising over $200,000 in revenue over the next year. This deal highlights Data443's secured transport technology and its relevance in the financial services sector. The company has recently launched the Data443® Ransomware Recovery Manager™, enhancing its data security offerings. This solution is designed to classify, encrypt, and recover data without yielding to extortion demands, positioning Data443 as a leader in data security.
Data443 Risk Mitigation (OTCPK: ATDS) announced the launch of its latest product, Data443 Ransomware Recovery Manager, responding to the rising global ransomware attacks. Designed for enterprises, this technology facilitates immediate system recovery post-infection, requiring no effort from IT staff or end users. The company emphasizes its product's role in minimizing downtime and protecting sensitive data. CEO Jason Remillard highlights the solution's relevance amid growing cybersecurity threats. The tool is currently available for immediate purchase.
Data443 Risk Mitigation (OTCPK: ATDS) has launched a free trial program for its email resiliency services in response to a significant hack impacting Microsoft Exchange, affecting over 60,000 organizations globally. This initiative aims to assist those affected by the breach and others interested in enhanced data privacy and security solutions. The company emphasizes the importance of robust data archiving and protection against vulnerabilities, especially related to email data management through its Data Archive Manager product. The limited-time offer includes access to their technology for assessing security vulnerabilities.
Data443 Risk Mitigation (OTCPK: ATDS) has announced a reverse stock split and a reduction in authorized shares to meet Nasdaq listing requirements. This move, approved by the Board and shareholders, aims for an uplisting by ensuring a closing bid price of at least $4.00 per share. The reverse split will be in a ratio between 1-for-10 and 1-for-2,000. Although the company expects compliance post-split, it acknowledges the uncertainty of meeting Nasdaq's criteria for listing.
Data443 Risk Mitigation has successfully completed the acquisition of the ArcMail data archiving platform after a two-year licensing agreement. This strategic move marks Data443's first acquisition of 2021, transferring full intellectual property rights and assets from ArcMail. The acquisition aims to enhance Data443's offerings in the data privacy and security sector, which is increasingly essential for various regulated industries. Jason Remillard, CEO, noted a seamless integration with zero associated costs, emphasizing the continued demand for ArcMail's solutions.
