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New Study Co-Sponsored by Data443 Reveals Most Companies at Risk of Missing GDPR Compliance Deadline

Research Validates Data443’s Approach to Deliver a Single-Product GDPR Solution for Data Classification, Governance, and eDiscovery

San Francisco, April 17, 2018 (Globe Newswire) – The 2018 GDPR Compliance Report released today by Crowd Research Partners and co-sponsored by Data443 Risk Mitigation, Inc. reveals that the majority of companies surveyed are at risk of missing the May 25 EU General Data Protection Regulation (GDPR) compliance deadline.

Based on the results of a comprehensive online survey of IT, cybersecurity and compliance professionals, the 2018 GDPR Compliance Report reveals that 60 percent of organizations are at risk of missing the GDPR deadline. Additionally, while 80 percent say GDPR is a top priority, many organizations are not staffed to comply.

“The GDPR represents sweeping changes to data security and protection for all companies operating within the European Union and beyond,” says Jason Remillard, founder and CEO of Data443. “The 2018 GDPR Compliance Report shows that 43 percent of companies lack the critical expertise and skills necessary to respond. This validates our approach in offering a single-product solution that meets GDPR challenges through a simple and easy interface that integrates seamlessly with existing infrastructure and includes critical capabilities to ensure all data is stored and utilized in accordance with GDPR requirements.”

Mounting a response to GDPR requires an accurate data inventory, data-classification scheme, and audit functions. Data443’s ClassiDocs™ enables a rapid time-to-value response that covers 12 articles of the GDPR. The product supports over 200 file types and 400 databases, across all data points – local devices, network, cloud, and databases, at rest and in flight – for quick, cost-effective GDPR compliance.

Data443 is at the RSA Conference 2018 taking place now in San Francisco. The company is exhibiting as part of the RSAC Early Stage Expo starting today at 4:30 p.m. at the Marriott Marquis, Yerba Buena Ballroom, Salon 9, Booth #1. Remillard will also present GDPR: It’s not too late! tomorrow, Wednesday, April 18 at 10:00 a.m. in the Marriott ESE Briefing Center on the expo floor. To schedule a conference or demo while at RSA, please use this link: https://data443.as.me/JasonRemillard

To better understand the market’s readiness for GDPR, Data443 co-sponsored the 2018 GDPR Compliance Report in partnership with Cybersecurity Insiders and the 400,000+ member Information Security Community on LinkedIn. The study was compiled by Crowd Research Partners (http://www.crowdresearchpartners.com).

About Data443 Risk Mitigation, Inc.

Data443 Risk Mitigation, Inc. (OTCPK: ATDS), is an industry leader in All Things Data Security™, providing software and services to enable secure data across local devices, network, cloud, and databases, at rest and in flight. Its suite of products and services is highlighted by:

(i) Sensitive Content Manager™ (ARALOC™), which is a market leading secure, cloud-based platform for the management, protection and distribution of digital content to the desktop and mobile devices, which protects an organization’s confidential content and intellectual property assets from leakage — malicious or accidental — without impacting collaboration between all stakeholders; 

(ii) Data Archive Manager™ (ArcMail®), which is a leading provider of simple, secure and cost-effective enterprise data retention management, archiving and management solutions;

(iii) Data Identification Manager™ (ClassiDocs™ and FileFacets®), the Company’s award-winning data classification and governance technology, which supports CCPA, LGPD and GDPR compliance in a a Software-as-a-Service (SaaS) platform that performs sophisticated data discovery and content search of structured and unstructured data within corporate networks, servers, content management systems, email, desktops and laptops;

(iv) ClassiDocs™ for Blockchain, which provides an active implementation for the Ripple XRP that protects blockchain transactions from inadvertent disclosure and data leaks;

(v) Data443® Global Privacy Manager™, the privacy compliance and consumer loss mitigation platform which is integrated with ClassiDocs™ to do the delivery portions of GDPR and CCPA as well as process Data Privacy Access Requests – removal request – with inventory by ClassiDocs™; enables the full lifecycle of Data Privacy Access Requests, Remediation, Monitoring and Reporting;

(vi) Data443® Chat History Scanner, which scans chat messages for Compliance, Security, PII, PI, PCI & custom keywords; 

(vii) Data Placement Manager™ (DATAEXPRESS®), the leading Data transport, transformation and delivery product trusted by leading financial organizations worldwide; 

(viii) Access Control Manager™ (Resilient Access™), which enables fine-grained access controls across myriad platforms at scale for internal client systems and commercial public cloud platforms like Salesforce, Box.Net, Google G Suite, Microsoft OneDrive and others;

(ix) Data443® Ransomware Recovery Manager™, built for the modern enterprise, its capabilities are designed to recover a workstation immediately upon infection to the last known business-operable state, without any end user or IT Administrator efforts;

(x)  GDPR Framework, The CCPA Framework and LGPD Framework WordPress plugins, with over 30,000 active site owners combined,  enables organizations of all sizes to comply with European, California and Brazilian privacy rules and regulations;

(xi) IntellyWP, a leading purveyor of user experience enhancement products for webmasters for the world’s largest content management platformWordPress.

For more information, please visit https://www.data443.com.

Forward-Looking Statements

The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue,” and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding Data443’s plans, objectives, future opportunities for Data443’s services, future financial performance and operating results and any other statements regarding Data443’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties, and assumptions, many of which are beyond Data443’s control, and which could cause actual results to differ materially from the results expressed or implied by the statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict, and include, without limitation, results of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; ability to hire and retain personnel; loss of, or reduction in business with, key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; anti-takeover measures in our charter documents; and, the uncertainties created by the ongoing outbreak of a respiratory illness caused by the 2019 novel coronavirus that was recently named by the World Health Organization as COVID-19. These and other important risk factors are described more fully in our reports and other documents filed with the Securities and Exchange Commission (“the SEC”), including under (i) “Part I, Item 1A. Risk Factors”, in our Registration Statement on Form 10 filed with the SEC on January 11, 2019 and amended on April 24, 2019; and, (ii) “Part I, Item 1A. Risk Factors”, in our Annual Report on Form 10-K filed with the SEC on 17 April 2020. Any forward-looking statement is made only as of the date of which such statement is made. Except as otherwise required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.

Data443®, the ClassiDocs™ logo, the ARALOC™ logo, ARCMAIL®, DATAEXPRESS® and FILEFACETS® are all registered trademarks of Data443 Risk Mitigation, Inc.

All product names, trademarks and registered trademarks are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.

All other trademarks cited herein are the property of their respective owners.

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Investor Relations Contact:

Matthew Abenante
ir@data443.com
(919)-858-6542