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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About Data443 Risk Mitigation Inc.
Data443 Risk Mitigation provides software and services to enable secure data across devices and databases, at rest and in flight/in transit, locally, on a network or in the cloud. The company is All Things Data Security(TM). With over 10,000 customers in over 100 countries, Data443 provides a modern approach to data governance and security by identifying and protecting all sensitive data regardless of location, platform or format. Its framework helps customers prioritize risk, identify security gaps, and implement effective data protection and privacy management strategies. To learn more about Data443, watch the company’s video introduction on its YouTube channel: https://youtu.be/1Fp93jOxFSg
NOTE TO INVESTORS: The latest news and updates relating to ATDS are available in the company’s newsroom at https://nnw.fm/ATDS
*Gartner, “Innovation Insight for Leveraging Isolated Recovery Environments and Immutable Data Vaults to Protect and Recover From Ransomware” Jerry Rozeman | Michael Hoeck, Sept. 28, 2022.
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