NetworkNewsBreaks – Data443 Risk Mitigation Inc.
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Posted On: 07/07/2023 4:36:22 PM
NetworkNewsBreaks – Data443 Risk Mitigation Inc. (ATDS) Moving to Expand into Larger Enterprise Market
Data443 Risk Mitigation (OTC: ATDS), a data security and privacy software company, recently announced next steps to acquire select assets from Israeli cloud-based internet security technology company Cyren Ltd. “The acquisition will broaden Data443’s data security and protection capabilities and further complement the company’s award-winning ransomware protection and recovery capabilities – helping propel Data443 to a competitive advantage within a rapidly expanding marketplace, boasting the likes of Crowdstrike, Google/Madiant, SentinelOne, Cisco, and Microsoft. The transaction, which is expected to close in the third quarter of 2023, will enable Data443 to enhance its existing product portfolio and accelerate the development of next-generation solutions… The deal, which will result in Data443 onboarding customers representing over $15 million in unaudited FY2022 revenue, will mark yet another milestone within Data443’s ongoing financial achievements,” reads a recent article. “Cyren has been a leader in emerging and high-volume risk mitigation for some of the world’s largest name brand organizations we all use today. This business has a tremendous track record, providing fast-breaking threat detection services and threat intelligence to major firewall vendors, email providers, and leading cybersecurity vendors, as well as other industries such as a gaming console manufacturer and the world’s largest shopping and e-commerce providers. Our goal is to expand beyond the OEM market into the larger enterprise market,” Data443 CEO and Founder Jason Remillard is quoted as saying.
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Data443 Risk Mitigation (OTC: ATDS), a data security and privacy software company, recently announced next steps to acquire select assets from Israeli cloud-based internet security technology company Cyren Ltd. “The acquisition will broaden Data443’s data security and protection capabilities and further complement the company’s award-winning ransomware protection and recovery capabilities – helping propel Data443 to a competitive advantage within a rapidly expanding marketplace, boasting the likes of Crowdstrike, Google/Madiant, SentinelOne, Cisco, and Microsoft. The transaction, which is expected to close in the third quarter of 2023, will enable Data443 to enhance its existing product portfolio and accelerate the development of next-generation solutions… The deal, which will result in Data443 onboarding customers representing over $15 million in unaudited FY2022 revenue, will mark yet another milestone within Data443’s ongoing financial achievements,” reads a recent article. “Cyren has been a leader in emerging and high-volume risk mitigation for some of the world’s largest name brand organizations we all use today. This business has a tremendous track record, providing fast-breaking threat detection services and threat intelligence to major firewall vendors, email providers, and leading cybersecurity vendors, as well as other industries such as a gaming console manufacturer and the world’s largest shopping and e-commerce providers. Our goal is to expand beyond the OEM market into the larger enterprise market,” Data443 CEO and Founder Jason Remillard is quoted as saying.
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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