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Data443 Expands Its Global Customer, Technology Base with Transformative Acquisition of Select Israel-based Cyren Ltd. Assets

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Onboarding Customers Representing Over $15 Million in Unaudited FY 2022 Revenue

Cyren’s Threat Intelligence Service Protects Over 1 Billion Users Globally

RESEARCH TRIANGLE PARK, N.C., and HERZLIYA, Israel, May 15, 2023 (GLOBE NEWSWIRE) — via IBN — Data443 Risk Mitigation, Inc. (OTCPK: ATDS) (“Data443” or the “Company”), a data security and privacy software company for “All Things Data Security,” today announces that it has entered into a definitive agreement to acquire select assets from Cyren Ltd. (“Cyren”). The acquisition will expand Data443’s capabilities and product offerings, solidifying its position as a market leader in the data security and privacy industry.

The transaction greatly expands Data443’s data security and protection capabilities and augments its cyber threat intelligence (CTI) services. These offerings, coupled with the Company’s award-winning ransomware protection and recovery capabilities, continue to challenge the rapidly expanding marketplace, which includes vendors such as: Crowdstrike, Google/Mandiant, SentinelOne, Cisco and Microsoft.

Under the terms of the agreement, Data443 will acquire goodwill, clients and Cyren’s proprietary technology and intellectual property related to three services: threat intelligence, URL categorization and email security. The transaction, which is expected to close in the third quarter of 2023, will enable Data443 to enhance its existing product portfolio and accelerate the development of next-generation solutions. Cyren’s technology is based on a combination of artificial intelligence, machine learning and big data analytics, which has enabled Cyren to identify and mitigate threats in real time and much earlier than its competitors. 

“Cyren is a leader in emerging and high-volume risk mitigation for some of the world’s largest name brand organizations we all use today,” stated Jason Remillard, Data443’s CEO and founder. “This business has a tremendous track record, providing fast-breaking threat detection services and threat intelligence to major firewall vendors, email providers and leading cybersecurity vendors, as well as other industries such as a gaming console manufacturer and the world’s largest shopping and e-commerce providers. Our goal is to expand beyond the OEM market into the larger enterprise market. The threat intelligence market is massive – an $18 billion-plus market opportunity growing at a 20.3% CAGR.” (Fortune Business Insights)

Remillard continued: “This acquisition represents a significant milestone in our strategic growth plan, and we expect it to strengthen our competitive position by broadening our product offerings and enhancing our technological capabilities. We have already identified several opportunities to enhance our technology stack, and we intend to engage with former technical staff to ensure smooth integration. To date, Data443 has acquired and integrated nine other technology providers into the Company, which makes us confident in our ability to execute.”

The acquisition comes after Cyren filed for bankruptcy protection in Israel earlier this year. Data443 expects that its purchase of these assets will enable Cyren’s cutting-edge technology to reach its fullest potential while customers realize uninterrupted service and gain access to Data443’s product suite.

The transaction comes after receiving awards in 2023 for its Ransomware Recovery Manager from PC Magazine (PC Magazine Selects Data443’s Ransomware Recovery Manager as One of the Best Ransomware Protections for 2023 – InvestorWire (IW)) and multiple releases of its cloud and enterprise data archiving and managed file transfer platform. 

The Company expects the acquisition to be accretive once completed.


About Data443 Risk Mitigation, Inc.

Data443 Risk Mitigation, Inc. (OTC: ATDS) provides software and services to enable secure data across devices and databases, at rest and in flight/in transit, locally, on a network or in the cloud. We are All Things Data Security™. With over 10,000 customers in over 100 countries, Data443 provides a modern approach to data governance and security by identifying and protecting all sensitive data regardless of location, platform or format. Our framework helps customers prioritize risk, identify security gaps and implement effective data protection and privacy management strategies.

Forward-Looking Statements 

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by use of terms such as “expect,” “believe,” “anticipate,” “may,” “could,” “will,” “should,” “plan,” “project,” “intend,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue” or the negative of these words or other comparable terminology. Statements in this press release that are not historical statements, including statements regarding Data443’s plans, objectives, future opportunities for Data443’s services, future financial performance and operating results, and any other statements regarding Data443’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance, or regarding the anticipated consummation of any transaction, are forward-looking statements. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties and assumptions, many of which are difficult to predict or are beyond Data443’s control. These risks, uncertainties and assumptions could cause actual results to differ materially from the results expressed or implied by the statements. They may relate to the outcome of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; inability to hire and retain personnel; loss of, or reduction in business with, key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; anti-takeover measures in the Company’s charter documents; and the uncertainties created by global health issues, such as the ongoing outbreak of COVID, and political unrest and conflict, such as the invasion of Ukraine by Russia. These and other important risk factors are described more fully in the Company’s reports and other documents filed with the Securities and Exchange Commission (“the SEC”), including in Part I, Item 1A of the Company’s Annual Report on Form 10-K filed with the SEC on Feb. 24, 2023, and subsequent filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to the Company on the date hereof. Except as otherwise required by applicable law, Data443 undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise.

“DATA443” is a registered trademark of Data443 Risk Mitigation, Inc.

All product names, trademarks and registered trademarks are property of their respective owners. All company, product and service names used in this press release are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.

For further information:            
Follow us on Twitter: https://twitter.com/data443Risk  
Follow us on Facebook: https://www.facebook.com/data443/  
Follow us on LinkedIn: https://www.linkedin.com/company/data443-risk-mitigation-inc/  
Follow us on YouTube: https://www.youtube.com/channel/UCZXDhJcx-XgMBhvE9aFHRdA  
Sign up for our Investor Newsletter: https://data443.com/investor-email-alerts/  

To learn more about Data443, please watch the Company’s video introduction on its YouTube channel: https://youtu.be/1Fp93jOxFSg  

Investor Relations Contact:
Matthew Abenante
[email protected]  
919.858.6542

Corporate Communications
IBN (InvestorBrandNetwork)
Los Angeles, California
www.InvestorBrandNetwork.com
310-299-1717 Office
[email protected]

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Heimdal to Showcase Widest Cybersecurity Tech Stack at Infosecurity Europe 2024

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LONDON, May 23, 2024 /PRNewswire/ — Heimdal® is excited to announce its participation in Infosecurity Europe 2024, taking place from 3–4 June 2024 at ExCel London. 

Attendees are invited to visit Heimdal’s booth for an exclusive opportunity to engage with industry-leading cybersecurity experts, experience live demonstrations, and enjoy engaging presentations. 
Event Highlights
Personalized Experience and Meet & Greet 
Visitors to the Heimdal booth will receive a warm welcome and a personalized tour of our latest cybersecurity solutions. 
Those attending on the first day will have the unique chance to meet our Chief Enhancement Officer, who will be on hand to give mind penetration tests to guests. 
Event Countdown 
The countdown to Infosecurity Europe 2024 is underway, and we are thrilled to share this journey with the cybersecurity community. Follow Heimdal’s LinkedIn page to see how you can make the most of the event, with tips, tricks, and promos posted each day: https://www.linkedin.com/company/heimdal-security/ .
As InfoSec emphasizes, “Together, we can rethink the power of infosecurity and discover what that means for you.” 
Top Reasons to Visit Heimdal at Infosecurity Europe 2024 
1. Take the Mind Penetration Test 
Test your security against our Chief Enchantment Officer, a prestigious member of the Inner Magic Circle. Challenge your limits and see if your defenses can withstand his expertise. 
2. Face-to-Face Product Demos 
Experience Heimdal’s solutions live with our experts. Engage in interactive sessions, ask pressing questions, and get hands-on with our cybersecurity tools. 
3. Live Edutainment Shows 
Join us for five engaging shows that combine education and entertainment. Learn new cybersecurity tactics from our enthusiastic hosts. 
4. Discover Unexpected Solutions 
Visit Stand D140 to find innovative solutions you didn’t know you needed. Forge new connections and explore the future of cybersecurity with Heimdal. 
Agenda and Speakers 
Heimdal’s team will present a series of edutainment shows covering pressing cybersecurity topics: 
Value Realization for the Enterprise 
Learn to use data-driven evidence for governance alignment, risk mitigation, and security program efficiency. Overcome reporting challenges and enhance your cybersecurity strategy. 
Detonating Ransomware LIVE at InfoSec
Analyze 2024 ransomware trends and witness a live ransomware detonation. Gain insights into effective countermeasures to combat this pervasive threat. 
Time is of the Essence – Mastering Patch Management 
Discover the importance of Patch Management, best practices, and automation strategies to keep your systems secure and efficient. 
Navigating Privileged Access: To Admin or Not to Admin? 
Explore Privileged Elevation and Delegation Management (PEDM) and understand the strategic impacts of admin rights management with case studies and industry insights. 
DNS Security – The First Line of Defense 
Understand the critical role of DNS security, address key vulnerabilities, and learn the latest advancements to protect your infrastructure from DNS attacks. 
Meet Our Experts
Ross Duncan, Director of Customer Success 
Experienced post-sales leader with 15 years of building functions from scratch. Successfully recruited and led teams, delivered major projects, optimized processes, and set business vision at the executive level. Passionate about showcasing value within the customer base. 
Imran Rai, Technical Success Manager 
Success-focused executive with 20+ years in cybersecurity and IT. Built and led teams, advised C-level executives, and aligned technical needs with business goals. Passionate about staying ahead in technology and security, delivering value at every step. 
Join us at Infosecurity Europe 2024 to discover how Heimdal can enhance your cybersecurity posture with innovative solutions and expert guidance. 
Learn more here: https://heimdalsecurity.com/infosecurity-europe-2024
Press Contact
Danny Mitchell Head of Content & PR Email: [email protected]: 07999498241
About Heimdal
Founded in Copenhagen, Denmark, in 2014, Heimdal empowers CISOs (Chief Information Security Officers), Security Teams, and IT admins to enhance their SecOps, reduce alert fatigue, and be proactive using one seamless command and control platform. 
Heimdal’s award-winning lineup of more than 10 fully integrated cybersecurity solutions spans the entire IT estate, enabling organizations to be proactive, whether remotely or onsite. 
This is why their range of products and managed services offers a solution for every challenge, whether at the endpoint or network level, in vulnerability management, privileged access, implementing Zero Trust, thwarting ransomware, preventing BECs, and much more. 
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/heimdal-security/r/heimdal-to-showcase-widest-cybersecurity-tech-stack-at-infosecurity-europe-2024,c3986779
The following files are available for download:
https://mb.cision.com/Main/22623/3986779/2817326.pdf
Meet, Greet, and Discover What the Widest Cybersecurity Tech Stack Can Do For You with Heimdal at Stand D140
https://news.cision.com/heimdal-security/i/heimdal-at-infosecurity-europe-2024,c3303360
Heimdal at Infosecurity Europe 2024
 

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Artificial Intelligence

CME Acquires EdTech Innovator Augmental, Leading a New Era of Educational Transformation

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DUBAI, United Arab Emirates, May 23, 2024 /PRNewswire/ — CME, an international leader in technology solutions, has announced the acquisition of Augmental, a cutting-edge EdTech company. This strategic partnership combines CME’s technological expertise with Augmental’s innovative tools to transform the education sector.

“This strategic alliance enhances our service offerings and reinforces our commitment to driving digital transformation in education on a global scale. The aim is to ensure that digital solutions remain at the forefront of educational strategies and practices,” said Wissam Youssef, CEO of CME Offshore.
This acquisition represents a pivotal step towards creating a comprehensive ecosystem of educational services and tools. The new entity will offer a fully integrated suite of solutions designed to enhance every aspect of the learning journey and cater to various stakeholders within the educational sector.
The collaboration between CME and Augmental is set to dismantle traditional barriers in education. By leveraging CME’s global network and merging their robust tech infrastructure and exceptional customer support experience with Augmental’s innovative AI-based tools, Augmental, the new EdTech arm of CME, will deliver personalised learning experiences, streamlined content creation and delivery, advanced analytics, and management tools. This partnership will transform educational access and effectiveness on both a regional and global scales.
Existing organizations using CME technologies now have access to an AI-powered LMS with unique features, while companies and training institutions using Augmental LMS are able to expand their tech stack with CME’s solutions.
“Joining CME marks an exciting new chapter for Augmental. It is more than an acquisition; it is a strategic alliance set to elevate the educational journey for learners everywhere. We look forward to continuing our mission to transform education and support our clients with pioneering solutions,” said Paul Barakat Diab, CEO of Augmental.
With a deep understanding of the education market, Augmental’s team brings invaluable expertise to the digital education sector. Their experience is crucial in innovating and developing targeted solutions that address the unique challenges and opportunities within the educational landscape.
Paul Barakat Diab and Elie Nahas, the founders of Augmental, will continue to lead and innovate within the newly formed entity. Their ongoing leadership underscores a shared commitment towards education, combining the strengths of both companies to establish new standards of educational excellence and innovation.
“Education is the cornerstone of progress and growth,” concludes Carole Alsharabati, Founding Partner at CME. “By equipping learners with next-gen tools, we are not just enhancing learning experiences; we are empowering them to shape the future.”
About AugmentalAugmental is an AI-powered, white-labeled learning platform that empowers educational institutions and course creators by offering next-generation personalised learning experiences, intelligent content creation, and data-driven analytics.www.augmental.education 
About CMECME is a multinational enterprise offering premium technology services and solutions. Over the years, CME has helped 100+ global clients, including renowned Fortune 500 companies, become leaders in their fields. The company’s end-to-end solutions and comprehensive services cover Enterprise Application Services, Data & Analytics, User Experience, Artificial Intelligence, the Internet of Things, and DevOps. With a skilled team across 8 locations, CME has delivered 300+ innovative and impactful projects, contributing to 8 US Patents and serving 80 million users daily.www.gotocme.com 
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Info-Tech Research Group Reveals Dr Timnit Gebru and Meredith Whittaker to Be Keynote Speakers at LIVE 2024 IT Conference

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The annual Info-Tech LIVE conference provides CIOs and IT professionals with practical insights to drive technology-led transformations, impact business outcomes, and accelerate their professional careers over the coming year. The first round of anticipated keynote speakers for the September 2024 conference has been formally announced by the global research and advisory firm.
LONDON, May 23, 2024 /PRNewswire/ — Info-Tech Research Group, a global leader in IT research and advisory, has announced the first two highly anticipated keynote speakers for Info-Tech LIVE 2024: Dr Timnit Gebru and Meredith Whittaker. Info-Tech LIVE 2024 will provide leaders and industry professionals with unparalleled insights into the latest advancements in AI and Exponential IT. The prestigious annual three-day conference, which brings together global CIOs and IT professionals across diverse industries, is scheduled from September 17 to 19, 2024, at the iconic Bellagio in Las Vegas.

Dr Timnit Gebru, a pioneering computer scientist and advocate for ethical AI, is the founder and executive director of the Distributed AI Research Institute (DAIR), focusing on the impact of AI on marginalised communities. Dr Gebru is known for her groundbreaking work on the ethical implications of AI and her advocacy for greater diversity in the tech industry. Meredith Whittaker, a leading voice in AI policy and president of the Signal Foundation, has been instrumental in advancing secure communication technologies and data transparency. As the cofounder of the AI Now Institute, Whittaker’sWhittaker’s efforts have significantly influenced responsible AI practices and major policy reforms.
‘We are excited to welcome Dr Timnit Gebru and Meredith Whittaker as keynote speakers at Info-Tech LIVE 2024,’ says Gord Harrison, senior vice president of research and advisory at Info-Tech Research Group. ‘Their contributions and work in AI and technology ethics will offer our attendees unique perspectives and invaluable insights. By engaging with these influential leaders, participants will gain a deeper understanding of the profound impact of AI and Exponential IT on the future of technology and how to harness these innovations to drive their organisations forward.’
Special Keynote Speakers for LIVE 2024:
Dr Timnit GebruFounder & Executive Director, The Distributed AI Research Institute (DAIR)A trail-blazing computer scientist, Dr. Gebru is renowned for her efforts to reduce the potential negative impacts of AI. As the former co-lead of Google’s Ethical AI research team, Dr Gebru’s departure from Google after authoring a pivotal research paper on the risks of large language models (LLMs) ignited a labour movement, resulting in the formation of the first tech workers union at Google. 
Meredith WhittakerPresident, Signal FoundationAs a cofounder of New York University’s AI Now Institute, Whittaker’s work has helped shape global AI policy. During her decade-long tenure at Google, she founded its Open Research Group and cofounded M-Lab, the world’s largest open data source on internet performance. Whittaker gained notable recognition as a key organiser of the Google walkouts and for her role in a protest against Google’s involvement in a military drone AI surveillance program.
‘Through cutting-edge insights and research, this year’s gathering of global experts will address the most pressing opportunities and challenges in today’s tech landscape,’ adds Harrison. ‘We are looking forward to welcoming distinguished CIOs, speakers, and partners to Las Vegas this September. Together, we will explore the future of AI, ethical considerations, and the exponentially evolving landscape of technology.’
Registration is now open for Info-Tech Research Group’s annual IT conference, Info-Tech LIVE 2024.
Updates and new details about speakers, agendas, and exclusive event experiences can be found via LinkedIn and Twitter over the coming months. 
Media Passes for Info-Tech LIVE 2024Taking place September 17 to 19, 2024, at the iconic Bellagio in Las Vegas, this premier event offers journalists, podcasters, and media influencers access to exclusive content, the latest IT research and trends, and the opportunity to interview industry experts, analysts, and speakers. To apply for media passes to cover the insights presented at Info-Tech LIVE or to gain access to research and expert insights on trending topics, please contact [email protected].
About Info-Tech Research GroupInfo-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organisations.
To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software-buying insights.
Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact [email protected]
For information about Info-Tech Research Group or to access the latest research, visit infotech.com and connect via LinkedIn and X.
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