Business
As Latin American Cybersecurity Market Heats Up, Data443 Broadens Footprint in Region with RAN Security Partnership
As Latin American Cybersecurity Market Heats Up, Data443 Broadens Footprint in Region with RAN Security Partnership.
About this update from Data443 Risk Mitigation Inc Nev
[{"type":"text","content":"\nLeading Value-Added Reseller to Bring Data443 Products and Services to High-Growth Markets Including Argentina, Chile, Peru, Paraguay, Columbia, and Mexico\n RALEIGH, N.C., Nov. 07, 2018 (GLOBE NEWSWIRE) -- LandStar, Inc. (OTCPK: LDSR) (“LandStar” or the “Company”), the parent company of Data443™ Risk Mitigation, Inc. (“Data443”), a leading data security and privacy company, announced today that Data443 has partnered with leading South American-based value-added reseller RAN Security. With operations in Argentina, Chile, Peru, Paraguay, Colombia, and Mexico, RAN Security delivers IT security solutions and professional management services to more than 500 companies in Latin America. The partnership positions Data443 for a swift expansion in the region where demand for cybersecurity and data privacy compliance products and services is heating up and expected to rise quickly. “Latin America is a key growth market for us as we expand our global reach, and secures additional channels for our growing product line such as ARALOC and others,” said Jason Remillard, CEO of LandStar and founder of Data443. “Just last year, Taringa, Latin America’s largest social network, experienced a data breach that exposed over 28 million users – and that’s just one example of the risk many businesses in the region now face. RAN Security has been protecting customers’ data assets since 1991 with specialized focus on ensuring the availability, security, reliability, and effective management of corporate information. We are truly excited to work with them and expect our momentum to gain quickly as the market’s demand for cybersecurity and privacy compliance solutions ramps up.” According to a Zion Market Research study published in May, global cybersecurity market revenue is expected to grow from $105.45 billion in 2015 up to $181.77 billion by 2021. Within that global framework, Zion expects rapid development potential for Latin America over the next five years, calling the region “the future market for cybersecurity.” Additionally, while many Latin American countries have long-standing privacy protection regulations, the EU’s General Data Protection Regulation has spurred some countries such as Argentina to institute higher-level...