Data443 Risk Mitigation, Inc. announced it has started the new year with another significant customer win for its industry leading ClassiDocs™ product which anchors its award-winning Global Privacy Manager™ technology suite. After a long and rigorous vetting process, Data443 was awarded a highly competitive win by a leading global bank headquartered in the Middle East. This six-figure per year, initial three-year term deal will service the bank’s more than 10,000 employees. The Bank has made its relationship with Data443 a foundational component of its strategic plan to support its ‘cloud first’ approach which rapidly migrate its data and user base to the cloud. This Agreement and its strategic relationship enable the Bank to easily subscribe to Data443’ additional products on an ad-hoc basis. When the vetting process began in July 2019, competing vendors were required to execute a proof of concept and pilot program that satisfied a ‘designed to break’ criteria, covering a wide swath of use cases, technologies and capabilities that the bank required immediately – and in the future. With a heavy focus on advanced Microsoft Digital Rights Management technologies (Azure Information Protection), and wide-ranging distributed platforms including big data platforms, Data443 was the only vendor that delivered on all fronts and proved to be successful in the proof of concept, resulting in the winning bid. The competitors included many big-name brands, including some that have raised hundreds of millions of dollars recently and profess to be unicorns.