LDSR's Data443 Headlines with Microsoft and Facebook In BIGToken Feature On $124 Billion Data Privacy Market
November 06 2018 - 8:45AM
InvestorsHub NewsWire
New York, NY -- November
6, 2018 -- InvestorsHub NewsWire -- LandStar, Inc. (OTCPK:
LDSR), the parent company of Data443™ Risk Mitigation, Inc.
(“Data443”), a leading data security and privacy company, is
featured in a release from BIGToken, a consumer Blockchain
platform. The BIGToken feature was released yesterday
addressing the burgeoning Data Privacy market. The feature
includes quotes from Facebook (NASDAQ: FB) CEO Mark
Zuckerberg, Microsoft (NASDAQ: MSFT) CEO Satya Nadella, Jason
Remillard, CEO and founder of LDSR’s Data443. The article is
included below, in addition to a link to the original
article. The article has been republished here to emphasize
the as of yet undiscovered LDSR opportunity. LDSR closed
yesterday at $0.005 at the same time it was featured in an article
with Microsoft and Facebook. Recent analyst coverage
recommended LDSR at a Speculative BUY with a $0.027 Target
PPS. With LDSR being featured by the Data
Privacy industry side by side with Micrsoft and Facebook, it
appears that LDSR is undervalued and that even the over 400% ROI
that would be realized at the $0.027 Target PPS, might not
adequately represent LDSR’s underlying value.
BIGtoken Team
The blockchain platform for consumers to own, verify, and sell
their data.
Nov 5
Microsoft CEO Says
Data Privacy is a Human Right: The Week in Data Privacy and
Transparency
In this week’s data
privacy news, the CEO of Microsoft urges tech companies to focus on
data privacy, Mark Zuckerberg announces Facebook’s data privacy
timeline, Data443 releases an innovative data security product, and
more.
Microsoft CEO
Satya Nadella speaks out about
data privacy
In a keynote address this
past Thursday, Nadella voiced his support for privacy as a “human
right.” He focused on three major elements: privacy, cybersecurity
and AI ethics. He cited EU’s General Data Protection Regulation
(GDPR) as a model form of legislation. This nod follows a similar
sentiment from Apple CEO Tim Cook, who championed the legislation
at a talk this month as well. Nadella urged companies to see common
citizens and small businesses as the most vulnerable to cyber
threats, and tasked them with using their power to protect
them.
“We need to use our
collective prowess and power to protect these most vulnerable of
populations, and it requires not just our industry but also nation
states to be part of that,” he said. His final note touched on the
importance of regulating AI as the impressive technology continues
to develop. The need for ethical standards around
artificial intelligence is becoming dire, and it’s the
responsibility of massive tech companies like Microsoft and Apple
to reckon with the consequences of this
innovation.
Mark Zuckerberg
sees major privacy updates coming
in 2019
In a third-quarter
earnings call with analysts, Facebook CEO Mark Zuckerberg
reportedly claimed that some much-needed privacy updates are coming
in 2019. “A few years ago, Facebook was very behind where it needed
to be,” Zuckerberg said. “We started a three-year roadmap through
the end of 2019 to get our systems to the level where we think we
should be at—systems that can flag information that we think might
be problematic to a much larger security and review team.” He went
on: “But we are up against sophisticated adversaries and threats
will continue to evolve.” He reassured them by saying that the
company is getting better and better at detecting threats and
eliminating them.
More specifically,
Zuckerberg claimed that the platform has flagged several groups
from Russia and Iran who have been using social media to sway
elections and encourage political and social divisions in the U.S.,
the UK and elsewhere. But he cited the massive growth of Facebook
users as the key issue moving forward. Facebook had 2.27 billion
monthly average users in September. It’s estimated that more than
2.6 billion people now use Facebook, WhatsApp, Instagram, or
Messenger each month.
New security
product from Data443 is a major
step forward
Data443 released version
1.43 of ClassiDocs last week, which is a huge advancement for data
privacy tech and GDPR compliance. The system uses a Data Repository
Owner Identification technology to securely manage data, and help
businesses comply with GDPR in a number of ways. “Data privacy and
GDPR response continue to drive IT spending worldwide,” said Jason
Remillard, founder of Data443. “And these factors are just as
important if not more so for the vast number of companies that use
cloud services to manage and conduct their business. Our mission
has always been to deliver industry-leading cybersecurity products
that empower organizations to solve real-life data
challenges.”
Companies are expected to
spend $124 billion worldwide on information security products and
services in 2019, and a large portion of that spending is to ensure
GDPR compliance. And as cloud services become more and more
popular, that market increases to an estimated $300 billion-plus by
2021. The adoption of cloud services is the way of the future, but
it increases the need for sophisticated security. The newest version of
ClassiDocs is certainly one of the most comprehensive solutions to
the problem yet.
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