NetworkNewsBreaks – Data443 Risk Mitigation Inc.
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Data443 (OTC: ATDS), a data security and privacy software company for “All Things Data Security,” today announced an additional contract win of $483,788 from one of the “Big Four” U.S.-based banks and largest fintech companies. According to the update, the client has expanded its usage of Data443’s leading secure file transport platform for the core of its intra-bank and governmental federal reserve data interchanges. Data443’s Data Placement Manager continues to deliver high-performance, secure and stable services for its thousands of partner banks, brokerage houses and multi-national government clients. “We are happy that Gartner includes ransomware recovery as a major capability requirement for data immutable data storage,” said Jason Remillard, CEO and Data443 founder, referring to a Gartner* report that discusses the common occurrence of ransomware attacks. “Our unique capabilities in restoring data and devices are a major differentiator for us and when it’s matched with our MFT [managed file transfer] capabilities – it really checks many boxes for our customers. This most recent deal is pure organic growth with another longtime customer and is indicative of where we think the market is going – new requirements, tough and complex operating environments and proven runtime are key to winning in this small segment of the data security marketplace.”
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