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Data443 Cancels 2,000,000 Common Shares Related to Litigation Settlement
Data443 Cancels 2,000,000 Common Shares Related to Litigation Settlement.
About this update from Data443 Risk Mitigation Inc Nev
[{"type":"text","content":"\n RALEIGH, N.C., Jan. 06, 2020 (GLOBE NEWSWIRE) -- Data443 Risk Mitigation, Inc. (OTCPK: ATDS), a leading data security and privacy software company, announced today that the Company has executed and confirmed the cancellation of 2,000,000 Common Shares (post-split) as part of a litigation settlement. Jason Remillard, Founder and CEO of Data443 stated, “The completion of this milestone is significant for our long-term shareholders and the company.  Representing a significant portion of the issued portion of our authorized share count, this should represent a solid return for our long-term shareholders.  We appreciate the support they have shown us over the past two years, and we will continue to work hard to reward their patience, commitment and resolve.” About Data443 Risk Mitigation, Inc.Data443 Risk Mitigation, Inc. (OTCPK: ATDS), enables secure data – across local devices, network, cloud, and databases – at rest and in flight. Its suite of products and services is highlighted by: (i) ArcMail, which is a leading provider of simple, secure and cost-effective email and enterprise archiving and management solutions; (ii) 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 organization’s confidential content and intellectual property assets from leakage — malicious or accidental — without impacting collaboration between all stakeholders; (iii) ClassiDocs™, the Company’s 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™, 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; enables the full lifecycle of Data Privacy Access Requests, Remediation, Monitoring and Reporting; (vi) Data443 Protect™, which provides nearly instant Cloud-deployed Data Loss Prevention capabilities with false positive rates unmatched enabled by C...