Data433 Risk Mitigations, Inc.
Shares Jumps 23%; Company Offers Hack-Free Email Resiliency
Services In Response To Ransomware Attack Of Microsoft
Exchange
March 18, 2021 -- InvestorsHub NewsWire -- via MarketWatch --
Last week was a good one for Data433 Risk Mitigations, Inc.
(OTC
Pink: ATDS). By Friday, shares rose 23% and closed at their
highs following reports of a massive hack to the
Microsoft Exchange. That attack has affected at least 30,000
users in the US and more than 250,000 worldwide. In response,
investors started bidding shares of data security companies higher,
and Data433 is one.
To its credit, Data443 Risk Mitigation, Inc. is also taking
advantage of an opportunity. On Wednesday, they offered a free
targeted trial program of its hack-free email resiliency services
that allows clients to experience the added degree of privacy,
protection, and overall upgraded services and capabilities offered
by Data443. The offer extends to organizations impacted by the hack
and those who would have an interest in potentially better security
solutions.
Already, Data443's mass privacy, discovery, and archiving
product, Data Archive Manager®, is trusted and used by hundreds of
organizations to manage and protect petabytes of stored data. And
with email security being the focus, it's notable that IT managers
have long embraced Data Archive Manager's® ability to store all
forms of data content in segregated repositories that are not
subject to the current vulnerabilities announced by Microsoft.
Further, the platform protects against the execution of any virus,
macro vulnerabilities, or ransomware packages embedded in
datasets.
The excellent news for ATDS is that the attention back to the
sector may help expose the broader products and services offered by
Data433 and send shares back toward 52-week highs of $0.24,
representing a more than 1867% increase from current levels. The
companies extensive product portfolio could help ignite the
rally.
Impressive Product And Services Portfolio
By all measures, Data443 Risk Mitigation, Inc. has become a
unique one-stop-shop that offers leading Data Privacy Solutions for
All Things Data Security™. That depth of service may be its most
attractive feature since it positions them to target massive market
opportunities through business, individual, and government market
demand. Moreover, because of its product diversification, ATDS can
exploit tremendous opportunities in multiple market
segments.
Better still, unlike some of its competitors, ATDS builds
tailored software and services solutions that enable clients to
facilitate secure data transfer across local devices, networks, the
cloud, and/or databases. That difference can be a game-changer
going forward from a revenue-generating perspective, especially as
hackers become more sophisticated in designing malware. Many of its
competitors can't make the same claim, and most offer only a one
size fits all platform. That could be a valuable advantage to
Data433.
The company is also on the acquisition hunt. Most recently,
Data433 acquired all rights to the data archiving platform,
ArcMail, a pioneer and leader in the enterprise information and
email archiving market. ArcMail is expected to immediately impact
its revenues-generating operations by capitalizing on ArcMail's
expertise to offer customers an extensive choice of cost-effective,
easy-to-use archiving solutions. The ArcMail acquisition adds to an
impressive product portfolio.
Other products include ARALOC™, its market-leading, secure,
cloud-based platform for managing, protecting, and
distributing digital content to desktop and mobile devices. And
like its other products and services, it has a global addressable
market well into the hundreds of millions. Another product,
DATAEXPRESS®, is a leading data transport, transformation, and
delivery product trusted by financial organizations worldwide. Its
ClassiDocs® is an award-winning data classification and governance
technology, which supports CCPA, LGPD, and GDPR compliance. And its
ClassiDocs™ for Blockchain provides an active implementation for
the Ripple XRP token that protects transactions from inadvertent
disclosure and data leaks.
The great news is that each product and service can generate
massive value over the long term, especially with security thrust
back into the spotlight after the MS Exchange attack. Moreover, the
digital revolution, for all intents and purposes, is still in its
infancy. Thus, as technology quickens, so will Data433's ability to
leverage its multiple shots on goal that targets numerous business
sectors.
Video Link: https://www.youtube.com/embed/MGus0jcli9s
Sector Specific Products And Services
Beyond the products above, Data433 is marketing Data443™ Global
Privacy Manager™, a privacy compliance and consumer loss mitigation
platform. Also, they are selling Resilient Access™, a product that
enables fine-grained access controls across numerous platforms.
This specialized product is designed for internal client systems
and public cloud platforms like Salesforce, Google G Suite, and
Microsoft OneDrive. And while those markets deliver potentially
lucrative opportunities, ATDS's focus on the massive
Software-as-a-Service (SaaS) market can be an enormous value driver
going forward.
There, ATDS is targeting the booming SaaS market with
FileFacets. That platform performs sophisticated data discovery and
content search within corporate networks, servers, content
management systems, email, desktops, and laptops. Demand for
user-based products, like FileFacets®, is on the rise, and Data433
is working to capitalize on that need. The fruits of its efforts
are already starting to show.
Its Q3 revenues were the best in its history.
Record Performance And Balance Sheet Improvements
From an investor's perspective, products are great, but record
revenues are better. With that in mind, ATDS is coming off of a
record-setting Q3 with momentum going into Q4. Those results (Q4),
which are expected in the next week, could help share prices surge,
especially if they meet the expectation of another record-setting
quarter.
Moreover, beyond posting record-setting revenues in its third
quarter, Data433 also eliminated $10 million in derivative
liabilities and reduced expenses by 35% in that same period. Those
accomplishments change the company's capital position dramatically,
and from an accounting perspective, it could help accelerate
positive EBITDA or even bottom-line EPS. That result may come
sooner than many think. Here's why:
Also, in Q3, the company reported an increase in shareholders'
equity of $12.5 million, paid down roughly $500,000 in acquisition
debt, and recorded its highest quarterly bookings ever. Thus, by
any metric, Data433 is growing its company. Moreover, with the
company's prowess to make deals immediately accretive to cash flow,
consecutive record-setting quarters may be in the
forecast.
Notably, Data433 growth is happening during one of the most
unprecedented and challenging periods of commerce in the past fifty
years. The expected near-term return to more normal market
conditions could help to accelerate growth at Data433. After all,
data security will never go out of style.
Better still, its recent business performance suggests that the
best is yet to come. And by capitalizing on opportunities in a data
security market whose growth will likely accelerate along with
technology advancements, Data433 may be in its best position ever
to capitalize on near and long-term business
opportunities.
Thus, the 24% rise in share prices last week may the start of a
much-deserved rally.
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Source - https://www.marketwatch.com/press-release/data433-risk-mitigations-inc-shares-jumps-23-company-offers-hack-free-email-resiliency-services-in-response-to-ransomware-attack-of-microsoft-exchange-2021-03-16
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SOURCE: MarketWatch
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