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        "content": "You are a cybersecurity expert analyzing company website content and product documentation.\n            Focus on clear explanations of security features, compliance certifications, and practical user guidance."
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        "content": "\n            Provide a comprehensive analysis of the following security-related content.\n            \n            Content to analyze:\n            Search Free Trial Get Demo Data443 Risk Mitigation Reports Operating Results For the Year Ended December 31, 2019 April 20, 2020 RALEIGH, N.C., April 20, 2020  Data443 Risk Mitigation, Inc. OTCPK ATDS, a leading data security and privacy software company, today announced operating results for the year ended December 31, 2019 Recent Business Highlights Launched Global Privacy Manager the industrys only end-to-end privacy compliance, governance and consumer loss-mitigation platform Executed letter of intent to acquire the assets and customer base of Internet Software Sciences with over 100,000 installations and over 1 million end users worldwide from corporations, educational institutions, non-profits and government agencies Announced series of transactions with convertible note holders to reduce short-term debt and potential dilution to shareholders Completed the cancelation of 2,000,000 common shares as part of a previous litigation settlement Business Highlights for the Fourth Quarter of 2019 Announced major client win  a leading global payments technology company that operates in over 200 countries and territories worldwide, within DataExpress NonStop DXNS Secure Managed File Transfer Service Completed the acquisition of DataExpress, one of the worlds leading vendors for secure sensitive data transfer for the hybrid cloud Completed a series of significant corporate milestones, including formal name change to Data443 Risk Mitigation, ticker change to ATDS, and reverse stock split Management Commentary Jason Remillard, CEO of Data443, commented, 2019 is in the books as a watershed year for the company. We delivered strong results that were on target and to our forecasts. We continue to make solid progress toward achieving our long-term goals in delivering a complete data privacy, security and governance ecosystem that is unique and unrivaled in the marketplace. Our product portfolio continues to deliver value to the marketplace and provide diversified revenue streams for the company  especially valuable particularly at these challenging times. Continued high margin-based product lines are contributing to our growing bottom line. 2019 represents these roll up businesses reporting only approximately 1.5 and 2.75 quarters contributing for the fiscal  thus enabling for significant expected contributions for 2020. We have made great strides in executing on our vision for success, to position Data443 as a leading provider of data privacy and security services that meet the growing challenges faced by organizations in highly regulated, risk and compliance-intensive markets. Weve acquired long-standing businesses with high quality intellectual property and talent, producing monthly recurring revenue with very strong renewal rates. Weve successfully integrated these businesses within Data443, providing our clients with a growing portfolio of services at their disposal. In the current COVID-19 environment, we are fortunate that our services continue to be used by a diverse group of customers whose businesses are continuing to operate, with several considered to be an essential service. We are highly engaged with our customers helping them to navigate the new challenges they are facing, continuing to fully service their needs during these difficult times. Our employees remain fully engaged, and we believe our business continuity plan is working well. We are the only organization in the marketplace that provides the effective end to end solution for privacy compliance management. Our most recent launch of the Global Privacy Manager back ended by the leading ClassiDocs product is indicative of the end to end solution  providing a privacy management solution for clients of all sizes, in all locations with clients of all types. Our mission is to provide capabilities for all of these customers and enable them immediately at prices and onboarding times that are consumable and relevant to their needs. As the California AG has reiterated as recently as last week  the CCPA will be enforced with rigor starting July 2020 and we look forward to helping our customers through these trying times. In conclusion, I want to thank our loyal employees, customers and shareholders for your continued support. Much like many other microcap companies, our stock price today clearly doesnt represent what I believe to be the underlying value of Data443. We continue to improve execution, drive additional revenue and close acquisitions that are accretive and fit within our unique framework, concluded Mr. Remillard. Fiscal Year 2019 Financial Results Total revenues were 1,453,000 during the year ended December 31, 2019, compared to 29,000 of revenue for the year ended December 31, 2018. Total deferred revenues were 729,000 as of December 31, 2019, compared with 29,000 as of December 31, 2018. General and administrative expenses for the year ended December 31, 2019 were 4,797,000, compared to 1,068,000 for the year ended December 31, 2018, an increase of 3,729,000. The increase in general and administrative expense was primarily due to an increase in amortization of intangible assets, payroll expense, professional fees, and other expenses related to SEC reporting, including the re-classification of sales-related management expenses, in connection with the projected growth of the Companys business. The Company became a fully-reporting company with the SEC in March 2019. The net loss for the year ended December 31, 2019 was 607,000 as compared to a loss of 15,091,000 for the year ended December 31, 2018. The net loss for the year ended December 31, 2019 was mainly derived from an operating loss of 5,270,386, due in part by increased general and administrative costs and reduced by other net income of 3,326,708, which was mainly from a gain on change in fair value of derivative liability. The net loss for the year ended December 31, 2018 was mainly derived from a loss on change in fair value of derivative liability of 13,271,308 associated with convertible notes payable and an operating loss of 2,201,253. Liquidity As of December 31, 2019, we had cash in the amount of 19,000 and other current assets in the amount of 73,000, compared to cash in the amount of 325,000, and other current assets in the amount of 1,500 as of December 31, 2018. About Data443 Risk Mitigation, Inc. Data443 Risk Mitigation, Inc. OTCPK ATDS, is an industry leader in the data security and privacy business, 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 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 organizations confidential content and intellectual property assets from leakage  malicious or accidental  without impacting collaboration between all stakeholders ii ArcMail, which is a leading provider of simple, secure and cost-effective email and enterprise archiving and management solutions iii ClassiDocs, the Companys award-winning data classification and governance technology, which supports CCPA, LGPD and GDPR compliance 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 vi Data443 Protect, which provides nearly instant Cloud-deployed Data Loss Prevention capabilities with false positive rates unmatched enabled by ClassiDocs vii Data443 Virtual Data Protection Officer program that offers a turnkey and outsourced DPO capability for smaller organizations viii DATAEXPRESS, the leading Data transport, transformation and delivery product trusted by leading financial organizations worldwide ix the WordPress GDPR Framework with over 30,000 active users enables organizations of all sizes to comply with the GDPR and other privacy frameworks. For more information, please visit  . 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 Data443s plans, objectives, future opportunities for Data443s services, future financial performance and operating results and any other statements regarding Data443s 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 Data443s 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 and, anti-takeover measures in our charter documents. 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 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. 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, ClassiDocs, ARALOC and DATAEXPRESS are 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. For Further Information Follow us on Twitter  Follow us on Facebook  Follow us on LinkedIn  Signup for our Investor Newsletter  Investor Relations Contact Matthew Abenante Porter, LeVay  Rose, Inc.  212.564.4700 Try it for Free Instant Data Classification Cyren URL Category Chacker Prev DATA443 EXECUTES LETTER OF INTENT WITH LEADING SERVICE DESK SOFTWARE PROVIDER WITH OVER 1,000,000 ACTIVE USERS Data443 Releases New CCPA Framework Plugin for WordPress Next Company Partners Resources Investor Relations Products Freeware Demo Solutions Contact Us Privacy Management Service by Data443\n            \n            Your analysis should cover:\n            1. Key security features and their benefits to users\n            2. Compliance certifications and regulatory adherence\n            3. User-focused security recommendations\n            4. Technical security implementation details\n            5. Data protection measures\n            6. Best practices for end users\n            "
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    "content": "**Security Analysis of Data443 Risk Mitigation, Inc.**\n\n**1. Key Security Features and Their Benefits to Users**\n\n- **Global Privacy Manager (GPM):** Offers end-to-end privacy compliance, streamlining processes for CCPA, GDPR, and LGPD. It integrates with ClassiDocs for efficient data handling and consumer request management.\n  \n- **ClassiDocs:** Provides data classification and governance, essential for compliance and efficient data management. It supports CCPA, GDPR, and LGPD, ensuring data is categorized and protected appropriately.\n\n- **ARALOC:** A cloud-based platform that secures digital content, preventing leakage and protecting intellectual property without hindering collaboration.\n\n- **DATAEXPRESS:** Ensures secure data transfer with advanced encryption, crucial for sensitive data transport in hybrid environments.\n\n- **Data443 Protect:** Utilizes AI for Data Loss Prevention (DLP), offering precise protection with minimal false positives.\n\n- **Virtual Data Protection Officer (DPO):** Provides outsourced DPO services, assisting smaller organizations in meeting compliance requirements without in-house expertise.\n\n**2. Compliance Certifications and Regulatory Adherence**\n\n- **Regulatory Compliance:** Data443's products support CCPA, GDPR, and LGPD, ensuring organizations meet global privacy standards.\n\n- **WordPress GDPR Framework:** A plugin that aids WordPress users in GDPR compliance, with over 30,000 active users, simplifying regulatory adherence for diverse organizations.\n\n- **Integration with ClassiDocs:** Facilitates compliance by automating data classification and access request processes, ensuring readiness for audits and maintaining legal standards.\n\n**3. User-Focused Security Recommendations**\n\n- **Regular Updates:** Ensure all software and plugins, especially the WordPress GDPR Framework, are updated to protect against vulnerabilities.\n\n- **Employee Training:** Educate staff on data handling best practices to reduce accidental data leaks.\n\n- **Monitoring and Alerts:** Implement regular monitoring and set up alerts for potential breaches to enable rapid responses.\n\n**4. Technical Security Implementation Details**\n\n- **Cloud-Based Solutions:** Products like ARALOC offer secure content management in the cloud, with replication and redundancy for data availability.\n\n- **AI-Driven DLP:** Data443 Protect leverages AI for real-time threat detection and prevention, enhancing data protection accuracy.\n\n- **Encryption:** DATAEXPRESS and ARALOC use encryption for data at rest and in transit, ensuring confidentiality.\n\n**5. Data Protection Measures**\n\n- **Encryption Technologies:** Employed by DATAEXPRESS for secure data transfer, protecting against unauthorized access.\n\n- **Access Control:** ClassiDocs restricts data access based on roles, preventing unauthorized use.\n\n- **Incident Response:** Regular backups and disaster recovery plans are essential for quick recovery in case of breaches.\n\n**6. Best Practices for End Users**\n\n- **Strong Authentication:** Enforce multi-factor authentication (MFA) to secure access points.\n\n- **Password Management:** Use strong, unique passwords and consider password managers for security.\n\n- **Secure Communication:** Use encrypted channels for data transfer, such as those provided by DATAEXPRESS.\n\n- **Regular Audits:** Conduct periodic security audits to ensure compliance and identify vulnerabilities.\n\n---\n\nThis analysis highlights Data443's comprehensive approach to security and compliance, offering actionable insights for organizations to enhance their security posture. By leveraging these tools and practices, users can effectively protect their data and maintain regulatory compliance.",
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