As Latin American Cybersecurity Market Heats Up, Data443 Broadens Footprint in Region with RAN Security Partnership


Leading Value-Added Reseller to Bring Data443 Products and Services to High-Growth Markets Including Argentina, Chile, Peru, Paraguay, Columbia, and Mexico

RALEIGH, N.C., Nov. 07, 2018 (GLOBE NEWSWIRE) -- LandStar, Inc. (OTCPK: LDSR) (“LandStar” or the “Company”), the parent company of Data443™ Risk Mitigation, Inc. (“Data443”), a leading data security and privacy company, announced today that Data443 has partnered with leading South American-based value-added reseller RAN Security. With operations in Argentina, Chile, Peru, Paraguay, Colombia, and Mexico, RAN Security delivers IT security solutions and professional management services to more than 500 companies in Latin America. The partnership positions Data443 for a swift expansion in the region where demand for cybersecurity and data privacy compliance products and services is heating up and expected to rise quickly.

“Latin America is a key growth market for us as we expand our global reach, and secures additional channels for our growing product line such as ARALOC and others,” said Jason Remillard, CEO of LandStar and founder of Data443. “Just last year, Taringa, Latin America’s largest social network, experienced a data breach that exposed over 28 million users – and that’s just one example of the risk many businesses in the region now face. RAN Security has been protecting customers’ data assets since 1991 with specialized focus on ensuring the availability, security, reliability, and effective management of corporate information. We are truly excited to work with them and expect our momentum to gain quickly as the market’s demand for cybersecurity and privacy compliance solutions ramps up.”

According to a Zion Market Research study published in May, global cybersecurity market revenue is expected to grow from $105.45 billion in 2015 up to $181.77 billion by 2021. Within that global framework, Zion expects rapid development potential for Latin America over the next five years, calling the region “the future market for cybersecurity.” Additionally, while many Latin American countries have long-standing privacy protection regulations, the EU’s General Data Protection Regulation has spurred some countries such as Argentina to institute higher-level, more comprehensive data privacy regulations, which will increase demand for compliance solutions.

“Latin America is experiencing an ongoing digital transformation and with that, there are constant and evolving security challenges,” said Roberto Tursi, CEO at RAN Security. “We are definitely seeing an uptake in demand for data security and compliance solutions like those in the Data443 product portfolio. Data443 delivers solid data protection and value for money through quick ROI. We are eager to work with them to help our clients best secure their data assets against the evolving risks.”

Data443 delivers next-generation cybersecurity products and services – including the award-winning data classification and governance technology ClassiDocs™ and the ARALOC™ enterprise cloud-based data storage, protection, and workflow automation platform. These solutions are purpose-built to deliver industry-leading data security and ensure accurate privacy compliance. ClassiDocs deploys in hours to provide continually up-to-date data classification across the entire data estate, including all endpoints, cloud storage, databases, email, structured and unstructured data, and data at rest or in flight. Upon deployment and without specific training, users can discover confidential information such as PII, PCI, and HIPAA; report on and remediate security access controls; respond to DSARs and remediation actions; comply with 12 of the most critical GDPR articles. Additionally, organizations can further protect their data assets using Data443’s ARALOC platform, including Board Meeting Management Software that delivers the industry’s highest level security, mobile messaging, and management for agendas, rosters, and meetings, using custom branded and configured applications.

To learn more about Data443, ClassiDocs, ARALOC, and the rest of the company’s product portfolio, or to schedule a demonstration, Latin American-based customers may contact RAN Security at (+54 11) 5353 9999 or email experts@ransecurity.com.

About LandStar, Inc. 
LandStar, Inc. (OTCPK: LDSR), through its wholly owned subsidiary Data443™ Risk Mitigation, Inc., enables secure data - across local devices, network, cloud, and databases - at rest and in flight. ClassiDocs™, the company's award-winning data classification and governance technology, provides 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. The market leading ARALOC™ platform is a highly secure, cloud-based platform for the management, protection and distribution of digital content to the desktop and mobile devices, which protects an organization’s confidential content and intellectual property assets from leakage — malicious or accidental — without impacting collaboration between all stakeholders. The WordPress-based GDPR Framework enables organizations of all sizes to comply with the GDPR and other privacy frameworks. ClassiDocs™ for Blockchain provides an active implementation for blockchain transactions from inadvertent disclosure and data leaks. For more information, please visit https://www.data443.com 

Forward-Looking Statements 
The statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue,” and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding LandStar’s plans, objectives, future opportunities for LandStar’s services, future financial performance and operating results and any other statements regarding LandStar’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond LandStar’s control, which could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to the operations of LandStar; results of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; ability to hire and retain personnel; loss of, or reduction in business with, key customers; difficulty with growth and in integrating acquisitions; product liability; cybersecurity risk; and, anti-takeover measures in our charter documents.

Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained, from time-to-time, in LandStar’s filings with the Securities and Exchange Commission and postings on the OTC Markets news and information website. LandStar undertakes no obligation to publicly update or revise any forward-looking statement.

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Contacts
Investor Relations Contact:
Matthew Abenante
Porter, LeVay & Rose, Inc.
data443@plrinvest.com
212.564.4700

SOURCE DATA443 Risk Mitigation, Inc.

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