RALEIGH, N.C., May 22, 2018 (GLOBE NEWSWIRE) -- Data443 Risk Mitigation, Inc., a leading data security company, announced today that its proof of concept (PoC) sales funnel continues to grow at a rapid pace, especially in the European Union where the General Data Protection Regulation (GDPR) is set to take effect this Friday, May 25. The GDPR brings a new realm of data privacy regulation and potential fines for companies that do not comply. As more businesses understand the impact and potential liabilities of the GDPR, they are seeking solutions that can quickly move forward their ability to respond. Data443’s award-winning data classification, governance, and eDiscovery product ClassiDocs™ is well positioned to provide rapid delivery for clients impacted by the GDPR and similar regulations.
A most recent study indicates over half of North American companies have not started any GDPR-related compliance activities – whereas many estimates suggest about 80% will be subject to its requirements. The new privacy legislation is expected to result in billions of dollars of fines due to noncompliance.
“The proof of concepts we have in place continue to grow in count and velocity,” said Jason Remillard, CEO and founder of Data443 Risk Mitigation, Inc. “We are finding increasingly urgent requirements for our capabilities and a growing need for even faster deployments. Our hybrid and cloud architecture enable us to deliver PoCs and actual customer deployments sometimes within only a few hours via Microsoft Azure, Amazon AWS, and other vendor platforms. This means customers can be GDPR compliant faster than they think and with no additional outlay for hardware or other components.”
ClassiDocs™ directly addresses 12 of the most important GDPR articles, both for reporting and technical controls. This capability enables clients to respond to DSAR demands and at the same time provide an accurate and up-to-date data inventory across their entire data estate, including all end points, any attached or mapped cloud storage, databases, email, structured and unstructured data, and data at rest or in flight. ClassiDocs™ is the only product on the market with wide ranging, feature rich capability set.
Upon deployment and without specific training, users can:
- Discover PII, PCI, HIPAA, and Other Confidential Information
- Report on and Remediate Security Access Controls
- Respond to DSARs and Remediation Actions, with built in Analytics
- Comply with 12 of the Most Critical GDPR Articles
Data443’s ability to quickly deliver ClassiDocs™ via cloud or hybrid configurations solves GDPR complexity for any organization currently facing the impending deadline without a compliance plan in place. Companies can start a PoC in minutes by clicking this link https://www.data443.com/get-free-online-inter...mo-team-2/ .
About DATA443 Risk Mitigation, Inc. DATA443 Risk Mitigation, Inc. (OTCPK:LDSR) enables secure data – across local devices, network, cloud, and databases – at rest and in flight. ClassiDocs™, our award-winning data classification and governance technology, supports over 200 file types and 400 databases with a user-first, user-centric design that speeds ease of use and compliance-policy conformance without training. Data443 delivers classification, discovery, governance, GDPR compliance, and DSAR management coupled with DLP, CASB, SIEM, and cloud solutions to provide user-enabled, governance-enabled, up-to-date security for every data point, every time.
Forward-Looking Statements Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See DATA443 Risk Mitigation, Inc.’s filings with the SEC, which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
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Contacts:
Main Press Contact: Susan Payne Susan.Payne@data443.com Office: 919.526.1070 Ext. 103
Investor Relations: ir@data443.com Office: 919.858.6542
SOURCE DATA443 Risk Mitigation, Inc.
