Data443 Classification, eDiscovery
and GDPR Compliance
Now
Available for Use with Ripple
Blockchain
Solution Delivers Groundbreaking Approach to
Data Security and Compliance
for
the Growing Blockchain Ecosystem
Raleigh, NC -- May 16, 2018 -- InvestorsHub NewsWire --
Data443
Risk Mitigation, Inc., a leading data security company,
today announced regular
availability of its API infrastructure for its award-winning data classification, governance, and eDiscovery product ClassiDocs to support advanced regulations like the
General Data Protection
Regulation (GDPR) and privacy legislation within the growing blockchain ecosystem.
The use of blockchain technology
is rapidly moving
beyond cryptocurrencies
and into realms where personal data is stored and
shared. This means
blockchain environments and the organizations that operate within them are subject to data privacy regulations. ClassiDocs powers classification capabilities for
personally identifiable
information (PII) and
other information sets within blockchains, which in turn enables organizations to perform discovery, response, and remediation actions based on compliance
mandates.
"Since we announced our initial blockchain capability at the 2018 RSA Conference in San Francisco, we have augmented the implementation with additional PII detection capabilities
that are key for GDPR and privacy compliance
enablement,"
said Jason Remillard, CEO and founder of Data443 Risk Mitigation, Inc. "Because we have been a Ripple validator for months, we
implemented this new
capability within
the Ripple framework. Ripple has a long history and
proven success
in the financial
services and enterprise
marketplace, which is key
to many of
our target
markets.
ClassiDocs addresses these data compliance capabilities with
generic and explicit
PII recognition
capabilities coupled with inherent Machine Learning capabilities for specific PII. It's a first and one-of-a-kind offering for the blockchain ecosystem that companies can begin to use
immediately."
Data443 launched public and validated
"Validator" services in February 2018 to support the function and
transactions of Ripple's ecosystem.
But distributed
ledger is only
one segment of the rapidly growing blockchain-enabled
marketplace.
With Data443's
ClassiDocs,
organizations and
entities that use
blockchain technology to
store and share personal data, such as health records or taxpayer
information, can
enable
compliance capabilities
and data security requirements with
GDPR
and
Payment Card Industry (PCI) data security standards.
Specific Features Include:
-
Scan authorized
transactions
of participating partners
-
Apply classification, reporting, repudiation and governance actions
related to the data set
-
Enable corporate policies for retention, audit and compliance
requirements
-
Enable compliance
to existing
enterprise and geographically specific data export
requirements
The technology
is now
available
on a private pilot
basis and interested parties
are invited to reach out to sales@data443.com to schedule a
demonstration.
-
more-
About DATA443 Risk
Mitigation, Inc.
DATA443 Risk
Mitigation, Inc. (OTCPK:
LDSR)
enables secure data across local
devices, network, cloud, and databases at rest and in flight.
ClassiDocs, our
award-winning data classification and governance technology, supports over 200 file
types and 400 databases with a user-first, user-centric design that
speeds ease of use and compliance-policy conformance without
training. Data443 delivers classification, discovery, governance,
GDPR compliance, and DSAR management coupled with DLP, CASB, SIEM,
and cloud solutions to provide user-enabled, governance-enabled,
up-to-date security for every data point, every
time.
Forward-Looking
Statements
Except for the
historical information contained herein, the matters discussed in
this press release are forward-looking statements. Actual results
may differ materially from those described in forward-looking
statements and are subject to risks and uncertainties. See DATA443
Risk Mitigation, Inc.'s filings with the SEC, which may identify
specific factors that may cause actual results or events to differ
materially from those described in the forward-looking
statements.
For Further
Information
Follow us on
Twitter: https://twitter.com/data443Risk
Follow us on
Facebook: https://www.facebook.com/data443/
Signup for our
Investor Newsletter:
https://www.data443.com/investor-relations/
Signup for our Product
Newsletter: https://www.data443.com/contact/
Contacts:
Main Press
Contact:
Susan
Payne
Susan.Payne@data443.com
Office: 919.526.1070
Ext. 103
Investor
Relations:
ir@data443.com
Office:
919.858.6542
SOURCE DATA443 Risk
Mitigation, Inc.
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