Data443 (OTC: ATDS), a data security and privacy software company for “All Things Data Security,” today announced an additional contract win from one of its largest fintech clients. The client, a leading global organization providing merchant, banking and capital market solutions marketplaces, processes over 75 billion transactions amounting to more than $9 trillion annually. Data 443 has been a trusted partner for the client’s enterprise file transfer service requirements for more than 15 years. Data443’s Data Placement Manager processes thousands of sensitive data files per hour for thousands of partners around the globe, and the company’s platform continues significant focus on secure data discovery, identification, governance and distribution. According to a Gartner(R) report*, “Managed file transfer (‘MFT’) is a major market segment, with rapid growth of managed file transfer platform-as-a-service (‘MFTPaaS’) in the segment.”

“The analysis from the referenced Gartner report matches our experience – moving highly sensitive data in a completely secure, audited and operationalized capability is a major business driver for our clients,” said Jason Remillard, CEO and founder of Data443. “More organizations outside of fintech, such as insurance, rating agencies, and other large and small banks, are now needing these capabilities. There are two major use cases that largely drive customers’ accelerated move to MFTPaaS: the growing need for rapid and managed data movement capabilities leveraging cloud-first architectures and constraints around staffing for operators and data engineers.”

To view the full press release, visit https://ibn.fm/MtCDJ

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://ibn.fm/ATDS

*Gartner, “Hype Cycle for Cloud Platform Services, 2022” Yefirm Natis | Fabrizio Biscotti, July 19, 2022.

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