Business
Data443 Reports 46% Increase in Revenue, 41% Increase in Gross Profit in Fiscal Year 2021
Data443 Reports 46% Increase in Revenue, 41% Increase in Gross Profit in Fiscal Year 2021.
About this update from Data443 Risk Mitigation Inc Nev
[{"type":"text","content":"\n Business Update Webcast on Monday, April 4, 2022, at 4:30pm ET RESEARCH TRIANGLE PARK, NC, April 01, 2022 (GLOBE NEWSWIRE) -- Data443 Risk Mitigation, Inc. (“Data443” or the “Company”) (OTCPK: ATDSD, OTCPK: ATDS), the leading data security and privacy software company for ALL THINGS DATA SECURITY™, today announced operating results for the year ended December 31, 2021. Recent Business Highlights: Secured largest contract in Data443 history with world’s leading multinational financial services corporation for a minimum of $1.54 million over 3½ years with additional spending commitments for Data Placement Manager™Announced a 5.5-year renewal licensing agreement amounting to over $700,000 with Fortune 500 Fintech Member for Data443’s Data Placement Manager™Announced the multi-year subscription-based agreement with Emirates NBD Group, a leading banking group in the MENAT regionAnnounced a new 3-year agreement (paid up-front) with a leading US-based energy provider and its 18 subsidiaries for Data443's Data Identification Manager™Announced a new 3.5-year agreement (paid up-front) with Puerto Rico’s leading financial services organization for Data443’s Data Placement Manager™Completed the acquisition of leading Ransomware recovery and Data Extortion Mitigation platform, Centurion SmartShieldAppointed Nanuk Warman as Chief Financial OfficerEarned the prestigious VB100 Certification from Virus Bulletin for Data443® Antivirus Protection Manager, the Company's first ever antivirus product released in January 2022 Management Commentary: Jason Remillard, Data443’s founder and Chief Executive Officer, commented, “Data443 experienced strong revenue growth in 2021, and we continue to see momentum across each of our product segments as we continue to expand our business development pipeline. We have moved quickly to ramp our capabilities to meet the growing demand for enterprise protection of data across cloud, hybrid cloud, and on-premises.” “Historically, through the adoption of regulations such as GDPR and CCPA, we have always taken an approach of building out our capabilities to meet the evolving landscape of data privacy and security. Then last week, the Securities and Exchange Commission proposed a rule that would impose mand...