On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Data443 Risk Mitigation Inc. (ATDS) Announces New Contract Wins; Raises Capital to Fund Future Growth Agenda

  • In November 2018, Marriott suffered the loss of personal data for almost 383 million guests, highlighting the pitfalls and risks attached to businesses boasting an online profile
  • Gartner revealed that 30% of enterprises would employ data security platforms by 2024, up from a mere 5% in 2019
  • Data443 caters to the growing need for data discovery, governance, and protection services through its extensive and growing product suite – with services ranging from the data archiving and transfer through to ransomware recovery
  • The company recently embarked on the next leg of its growth trajectory, recently raising over $1.5M with proceeds set to be devoted towards additional sales and marketing recruitment as well as the uplisting of the company on to the Nasdaq exchange
  • Data443 also updated the market on the coveted VB100 certification which was recently awarded to its flagship Data443(R) Antivirus Protection Manager(TM)

In November 2018, hotel chain Marriott saw its worst fears realized; a massive data breach was detected within its systems with hackers stealing data belonging to as many as 383 million guests. Nearly four years in its gestation, the hack was reportedly alleged to have stolen a broad array of data including credit card and passport numbers, birth dates, phone numbers as well as hotel arrival and departure dates (https://ibn.fm/u0Vq1). Data443 Risk Mitigation (OTC: ATDS), a data security and privacy software company, has centered its mission around preventing the likes of the Marriott hack from ever being repeated, stating its steadfast commitment towards identifying and protecting all sensitive data regardless of location, platform, or format.

A recent study by Gartner revealed that by 2024, over 30% of enterprises would have adopted data security platforms, up from less than 5% in 2019. Perhaps more importantly, the research firm’s study also showed how the majority of customers were focused on vender consolidation strategies – aiming to consolidate their various data security requirements from a single source.

“The explosion of ransomware, zero-day attacks, third-party breaches, along with long-term remote work concerns & the integration of operational technology with IT systems have culminated into a crisis of confidence for IT security leaders” – IDG Security Priorities Study 2021 (https://ibn.fm/4dddk).

Data443 continues to cater to the needs of an increasingly data security conscious corporate sector through its extensive product suite offering, one which boasted a range of solutions designed to securely manage data and data privacy needs on-premises, in the cloud and in hybrid environments. Some of the key elements included within its product suite included – data identification managers, designed to automatically catalog all data repositories; data placement manager, enabling the secure transfer of sensitive data across public and private networks; data archive manager, a purpose-built tool facilitating information archiving and retention; data hound, a data discovery, classification and capture toolset; as well as the ransom recovery manager, an industry leading solution which can assist users targeted by a hack to recover their device, operating systems and data with a simple reboot. 

Boasting over 10,000 customers in over 100 countries, Data443 has recently highlighted a series of new contract wins – among those, a new $350,000 contract with a leading global investment bank. The new contract will relate to additional licensing for the Data443 data placement manager product, an HPE NonStop server-based application for secure managed file transfer that enables customers to schedule, route, format, and securely transfer business-critical data over both public and private networks.

Data443 founder and CEO Jason Remillard commented re the new contract win, “Today’s announcement is indicative of our continued efforts to provide world-class service and support to our critical customers. Data443’s Data Placement Manager(TM) has played a critical role at some of the largest fin tech firms in the world for over two decades, providing additional upsell opportunities for us to demonstrate our capabilities throughout the entire Data443 product suite. We believe that our highly reliable and capable software, being price competitive, and our vision for our technology stack all contributed to this win,” he concluded.

Data443 has recently taken a series of measures designed to help fuel and cement its growth, with the company seeking to gain market share in a global data security market estimated to be worth over $54.23 billion by 2027, as per Allied Market Research. During December 2022, the company raised $750,000 in new capital, with the deal’s proceeds destined towards general corporate purposes, the recruitment of additional workers as well as a potential uplisting of the company to the Nasdaq Capital Markets in 2023 (https://ibn.fm/oo1gy).

Finally, and coupled with the capital raising, Data443 also seized on the opportunity to reveal that its flagship antivirus product, Data443(R) Antivirus Protection Manager had received its VB100 certification. A coveted designation administered by the industry’s leading reporting agency, Virus Billeting. The VB100 certification affirms that Data443’s antivirus product satisfies a broad array of criteria, including detecting all known-in-the-wild viruses, generating no false positives, and having the ability to perform both, scheduled and on-demand scans. With the designation putting Data443’s antivirus on an equal footing with some of the industry’s most lauded products, Jason Remillard reaffirmed his belief on Data443’s growth outlook going forward (https://ibn.fm/wHPIr).

“At Data443, we make every effort to help protect customers from the ever-growing cyber threat environment. Achieving VB100 certification and besting some of the world’s largest competitors on false alarms delivers on our technical market leadership of our antivirus protection and ransomware product line. With so many antivirus products on the market, it can be difficult for consumers and businesses to determine which are truly effective at protecting against malware. VB100 certification helps to cut through the marketing hype and provides a reliable benchmark for comparing antivirus products,” he stated.

For more information, visit the company’s website at www.Data443.com.

NOTE TO INVESTORS: The latest news and updates relating to ATDS are available in the company’s newsroom at https://ibn.fm/ATDS

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.qualitystocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Archives

Select A Month
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008
  • June 2008
  • May 2008
  • April 2008
  • March 2008
  • February 2008
  • January 2008
  • December 2007
  • November 2007
  • October 2007
  • September 2007
  • August 2007
  • July 2007
  • June 2007
  • May 2007
  • April 2007
  • March 2007
  • February 2007
  • January 2007
  • December 2006
  • November 2006
  • October 2006
  • September 2006
  • August 2006
  • July 2006
  • June 2006
  • May 2006
  • April 2006
  • March 2006
  • January 2006
  • December 2005
  • October 2005
  • September 2005
  • Market Basics

    New to the micro-cap markets?Get answers to your questions about investing in Small-Cap / Micro-Cap Stocks and learn how to protect yourself.

    The Basics

    Newsletter Publishers

    Have an up and coming newsletter and want to be included in our coverage list? Looking to get more coverage and grow subscriptions? Register for coverage.

    Register

    Public Companies

    Are you a Small-Cap / Micro-Cap company looking for coverage? We'd love to hear from you. Fill out our quick contact form or send us a text.

    Get Covered