DATA443 ANNOUNCES RANSOMWARE RECOVERY ENHANCED PRODUCT BUNDLE FOR BUSINESS

Don�t Underestimate the Power of the DarkSide

RESEARCH TRIANGLE PARK, NC, May 12, 2021 (GLOBE NEWSWIRE) — Data443 Risk Mitigation, Inc. (“Data443” or the “Company”) (OTCPK: ATDS), a leading data security and privacy software company, today announced an enhanced product bundle for businesses of all sizes to meet the growing risks of ransomware and virus infections affecting every sector of business and government.

This year, the Company released its unique and game-changing Data443 Ransomware Recovery Manager™- the only product for the enterprise that both protects sensitive data from ransomware and recovers the device on which it is operating. As attacks continue to proliferate in speed, cost, and impact, the Company has released a new product bundle that leverages the award-winning Data Identification Manager (formerly ClassiDocs^™) and the long-running leader in secure content distribution – Data443 Sensitive Content Manager™ – (formerly ARALOC^™).

HIGHLIGHTS OF THE ANNOUNCEMENT

• Only IT Vendor to have a full suite that protects, recovers data AND the machine
• Drastically limits collateral damage on the network
• Mitigates the risk of any extortion attempts of stolen data
• Ensures greater privacy compliance and enforcement with more robust policy management
• Identification of all data types, then select protection of assets in a rapid fashion

WHY IT MATTERS:

• Attacks, infections, and data extortion rates continue to grow in sophistication, cost, and frequency
• Time to Recovery (ToR) increases significantly – directly impacting business continuity
• Business insurance costs are soaring as a direct result of cybersecurity breaches, in many cases unavailable to many businesses
• Crucial national security assets are under continued direct risk

The sequence of operations enabled by Data443’s product line are consistent with effective measures to stymie ransomware infections AND devalue any extortion demands if data does get exfiltrated from the company networks, no matter the method.

The following products are bundled together at a starting price of $69/user: (discounts apply for bulk purchases)

Data443 Data Identification Manager^™ is deployed to analyze, classify and report on sensitive data on any network servers, laptops or desktops, cloud or data sticks.

Data443 Sensitive Content Manager^™ is deployed to consume, encrypt and otherwise secure content that is above any threshold the administrator sets, the data may reside within the company networks, 100% encrypted.

Data443 Ransomware Recovery Manager^™ is deployed to all servers, workstations, laptops and desktops and prepares the machine in the event of an infection. This involves proprietary and patent pending techniques – including data shapshots, protected drive locations and other administrator defined parameters. It is also able to be managed by Data Identification Manager for protection of identified data.

Jason Remillard, Data443’s founder and Chief Executive Officer, commented, “These three products work in concert – one to find the data, one to encrypt the data, and one to recover the data. The icing on top – is we also recover the device, thus enabling the business worker to be back in action with a simple reboot, clean, infection-free and a computer that is not spreading infections and working through the network.”

“Ransomware doesn’t have to be a liquidation event for a business. It doesn’t have to hurt people in a hospital. And it doesn’t have to affect your children in the schools or our people in service. We offer the most rounded capability immediately available, in a proven, effective and simple to deploy model that most organizations of any size can deploy quickly from our cloud services infrastructure. Building on our experience with the world’s largest payment providers, over 60,000 privacy clients, 400,000 user experience publishers – we are pleased to offer this timely and highly effective product bundle to the marketplace. While spoken almost 40-years ago, the movie quote is even more true today; Don’t underestimate the power of the DarkSide.”

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) 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;

(ii) Data Identification Manager^™ (previously marketed as ClassiDocs^™ and FileFacets^®), the Company’s award-winning data classification and governance technology, which supports CCPA, LGPD and GDPR compliance in 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;

(iii) Data Archive Manager^™ (previously marketed as ArcMail^®), a leading provider of simple, secure and cost-effective enterprise data retention management, archiving and management solutions;

(iv) Sensitive Content Manager^™ (ARALOC^™), 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;

(v) Data Placement Manager^™ (previously marketed as DATAEXPRESS^®), the leading data transport, transformation and delivery product trusted by leading financial organizations worldwide;

(vi) Access Control Manager^™ (previously marketed as Resilient Access^™), 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;

(vii) Data Identification Manager^™ (previously marketed as ClassiDocs^™) for Blockchain, provides an active implementation for the Ripple XRP that protects blockchain transactions from inadvertent disclosure and data leaks;

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

(ix) IntellyWP, a leading purveyor of user experience enhancement products for webmasters for the world’s largest content management platform, WordPress;

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

(xi) 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.

For more information, please visit http://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; (ii) “Part I, Item 1A. Risk Factors”, in our Annual Report on Form 10-K filed with the SEC on March 23, 2021; and, (iii) subsequent filings. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to us on the date hereof. 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.

The Data443^™ logo, ClassiDocs^™ logo, 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
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919.858.6542