Data443 Risk Mitigation (OTC: ATDS), a data security and privacy software company for ALL THINGS DATA SECURITY(TM), has announced operating results for the third quarter and first nine months ended Sept. 30, 2022. Among the highlights, the company reported its retention of 99% of its customers despite economic conditions. “Our results for the third quarter came in largely as expected, and we continue to see high revenue customer retention amidst extremely challenging economic conditions. We continue to focus on realigning our current customer relationships to a subscription and monthly recurring revenue model,” said Data443 CEO and Founder Jason Remillard. “While this has affected straight line revenue growth year-over-year, our increased and growing deferred revenues, diverse revenue base, and increased analyst attention all demonstrate the strong momentum of our business.”
In addition, the company today announced the release of Data Hound(TM) for Webex by Cisco Systems Inc. (NASDAQ: CSCO), a leading provider of collaboration technologies powering hybrid work. Data443’s Data Hound platform is an extension of its Data Identification Manager ecosystem with over 200 integrations that enable rapid data sensitivity scanning according to company requirements. This sets the foundation for a strong data privacy program, data compliance and governance capabilities that include third-party partner organizations. “We are excited to showcase our capabilities in identifying, reporting and migrating or deleting sensitive data together with Webex by Cisco,” Remillard said of the release. “We plan to utilize Cisco’s strong developer and marketing capabilities to support our cross platform corporate data discovery offering in a multi-cloud universe.”
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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. For more information, visit the company’s website at www.Data443.com.
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