by Angela Guess

According to a recent press release, “Data443 Risk Mitigation, Inc., a leading data security company and current Early Stage Exhibitor at the 2018 RSA Conference, announced today that its award-winning data classification, governance, and eDiscovery product ClassiDocs™ supports advanced regulations like the General Data Protection Regulation (GDPR) and privacy legislation for the growing blockchain ecosystem. As the use of blockchain technology continues its rapid push beyond cryptocurrencies and into realms where personal data is stored and shared, the organizations that use the technology will be subject to data privacy regulations and additional international compliance requirements. ClassiDocs is able to apply classification capabilities for personally identifiable information (PII) and other information sets within a blockchain, which enables discovery, response, and remediation based on compliance mandates.”

Jason Remillard, CEO and founder of Data443 Risk Mitigation, commented, “The future of data is of course distributed and immutable… Distributed data technologies enabled by blockchain capabilities add a level of complexity when it comes to data privacy and regulatory compliance. ClassiDocs™ addresses this complexity with customized and explicit PII recognition capabilities coupled with enhanced enterprise data classification and extending enterprise data protection and digital rights management capabilities. It’s truly a first-of-its-kind solution for the blockchain ecosystem.”

Read more at Globe Newswire.

Photo credit: Data443