Lawsuits & Darkened Websites Greet First Day of GD

RALEIGH, N.C., May 25, 2018 (GLOBE NEWSWIRE) -- The European Union’s General Data Protection Regulation (GDPR) took effect today, forcing news outlets and other websites doing business within the EU to block website access for EU customers, while other companies braced for impending lawsuits stemming from recent data breaches. Data443 Risk Mitigation, Inc., a leading data security company, offers a fast-track solution for these issues. The company’s award-winning data classification, governance , and eDiscovery product ClassiDocs™ delivers a rapid-implementation version (v1.36) that can be up and running via cloud and hybrid configurations within hours to enable features such as explicit PII search, DSAR capabilities, customer eDiscovery, and data breach notifications so companies can get back to business.

“Already lawsuits worth billions of euros have been filed in Austria, Belgium and Hamburg against Facebook and its subsidiaries, and we expect this trend to continue,” said Jason Remillard, CEO and founder of Data443 Risk Mitigation, Inc. “As the regulation plays out and the longer companies wait to respond, the risk will grow. But solving the problem is easier and less costly than many people think.”

ClassiDocs directly addresses 12 of the most important GDPR articles, both for reporting and technical controls. This capability enables clients to respond to GDPR 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 this 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 was recently named one of the top 15 U.S.-based advisory firms for GDPR solutions and services by Black Book Market Research LLC. ClassiDocs is available now via cloud, hybrid, and on premise deployment. 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.