Hello All...let me try and explain this software to the best of my knowledge and as simple as possible. ClassiDocs is a cloud based security software program that protects and secures critical data on a companies network. The data you assign to protect is easily defined by whoever has permission to do so. You can create user permissions and learning habits. For example: If you setup a rule to secure and protect anything that says project orange in it and the software detects a pattern of data reading project apple the software will prompt you and ask if you would also like to secure and protect project apple. The software constantly scans everything on your network including attachments in and out of the network protecting your secured data. The software will do what you tell it to do when the data is found. You can block it, scramble it, many different options to have it display whatever you like. It also provides easy accessible reporting of who is trying to breach your data. What's nice is it sits on top of a companies network so your data never leaves your database. You can kind of think of the technology sort of like Googles search engine. You enter your search criteria and Google scans the internet and report back your results. The data Google searches for is not part of googles software. However, Google uses algorithms to report back your search relevancy. ClassiDocs is similar in the way that your data always stays with the company and continually scans the network in the background. So even if a company gets hacked the secured data remains protected. The hackers won't be able to retrieve your secured data. The GDPR requirements are going to add another level of security to critical data by mandating companies to install GDPR compliance authorized software. I think this will eventually end up becoming mandatory for most of the world in my opinion. For now companies fear being subject to fines and penalties. All you old time techies certainly remember the Y2K scare when all computers could possibly shut down on the turn of the year 2000. Many new software companies capitalized and made billions selling a fix. However, in till January 1st no one really knew what was going to happen. GDPR is a little different but all companies are always looking for ways to secure data. This Aprils show is going to be exciting for ClassiDocs. The Wall Street journal has exclusive media coverage so imagine what could happen to our LDSR stock price when the Wall Street Journal introduces ClassiDocs to the world.
