Timing Highlights the Value of Data443’s ClassiDocs as Brazil Readies its General Data Privacy Law – LGPD
RALEIGH, N.C., September 26, 2018 (Globe Newswire) — LandStar, Inc. (OTCPK: LDSR) (“LandStar” or the “Company”), the parent company of Data443™ Risk Mitigation, Inc. (“Data443”), a leading data security and privacy company, confirmed today that Data443 has partnered with It4us Big Data Security Analysis, a Brazilian information technology solutions and services provider focused on cybersecurity, data privacy compliance, and cloud management services for the corporate market. The partnership accents the value of Data443’s award-winning data classification and governance technology ClassiDocs™ to the Brazilian market as the country readies its General Data Privacy Law (LGPD), which will take effect in February 2020. Like the EU’s General Data Protection Regulation (GDPR), the LGPD has deep and complex requirements that will challenge companies to respond. ClassiDocs is purpose-built to deliver industry-leading data security and accurate privacy compliance that address LGPD requirements such as data mapping, data protection impact assessments, mandatory breach notifications, and individual rights to access and erase personal data. Data443 anticipates demand for products like ClassiDocs will increase as the LGPD enforcement deadline draws near.
“The GDPR sparked a worldwide trend toward more stringent protection of personal data,” said Jason Remillard, CEO of LandStar and founder of Data443. “Brazil’s new law mirrors the GDPR in its complexity but takes it a step further by requiring companies to respond in 15 days instead of 30. The LGPD – as well as an increase in similar regulations worldwide – underscores the market potential of our partnership with It4us. By combining their technological and service expertise with Data443 product solutions like ClassiDocs, we will work together to help customers prepare quickly and respond effectively to the LGPD and other regulations.”
According to a Zion Market Research study published in May, cybersecurity market revenue is expected to grow rapidly across Latin America over the next five years, with Brazil seen as having the most potential for business sector growth in the category. The advent of the LGPD is the likely driver of this growth for the Brazilian market based on the fact that Gartner projects regulatory compliance will become the prime influencer for IoT security spending by 2021. It4us aims to capture this growth by offering product solutions such as Data443’s ClassiDocs to help customers assess network vulnerabilities and establish a best-practice response to the LGPD.
“We are excited to bring ClassiDocs to our customers,” said Fabio Pamio, CEO at It4US. “It4us has completed more than 600 successful projects to date and we are ready to help our customers move forward under the LGPD. Data443 and ClassiDocs will enable us to do this with an impressive range of capabilities that make it easy for companies of all sizes to adapt to the new security requirements.”
ClassiDocs deploys in hours to provide continually up-to-date data classification across the entire data estate, including all endpoints, cloud storage, databases, email, structured and unstructured data, and data at rest or in flight. Upon deployment and without specific training, users can:
- Discover confidential informationsuch as PII, PCI, and HIPAA
- Report on and remediate security access controls
- Respond to DSARs and remediation actions
- Enable customer eDiscovery
- Comply with regulation requirements such as those outlined by the LGPD
///***ClassiDocs™ Classification: PUBLIC ***///
About LandStar, Inc.
LandStar, Inc. (OTCPK: LDSR), through its wholly owned subsidiary DATA443™ Risk Mitigation, Inc., enables secure data – across local devices, network, cloud, and databases – at rest and in flight. ClassiDocs™, the company’s award-winning data classification and governance technology, provides 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. The WordPress-based GDPR Framework enables organizations of all sizes to comply with the GDPR and other privacy frameworks. ClassiDocs™ for Blockchain provides an active implementation for the Ripple XRP that protects blockchain transactions from inadvertent disclosure and data leaks. For more information, please visit www.data443.com.
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 LandStar’s plans, objectives, future opportunities for LandStar’s services, future financial performance and operating results and any other statements regarding LandStar’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 subject to numerous risks and uncertainties, many of which are beyond LandStar’s control, which could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to the operations of LandStar; 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 in integrating acquisitions; product liability; cybersecurity risk; and, anti-takeover measures in our charter documents.
Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained, from time-to-time, in LandStar’s filings with the Securities and Exchange Commission and postings on the OTC Markets news and information website. LandStar undertakes no obligation to publicly update or revise any forward-looking statement.
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