Phishing gets lots of media attention; however, for many it is a bit of a mystery. What is phishing? Are there different types of phishing? How can you prevent a phishing attack? Let’s investigate each of these areas in detail.

What is phishing?

Wikipedia describes phishing as a fraudulent attempt to obtain sensitive information, such as usernames, passwords and credit card details, by disguising oneself as a trustworthy entity in an electronic communication. Attackers will spoof their email address to appear like someone else, set up fake websites, and disguise website URLs. It is becoming harder to figure out who and what you can trust. Avanan’s 2019 Global Phish Report found that 1 in every 99 emails and 1 in 25 branded emails is a phishing attack. Microsoft and Amazon are the most popular brands used in phishing emails. Additionally, 30% of phishing emails slip through security programs, so the threat is significant.

Phishing campaigns have two primary objectives:

  1. Obtain sensitive information – Phishing emails often seek to get you to reveal important information, such as your username or password. This gives the attacker the necessary info to access a system or account. It is very common for messages to appear like they are from your bank, credit card company, or a number of other places you would expect to be reputable.
  2. Distribute malware – The emails that aren’t stealing your credentials are trying to infect your computer with malware hidden in attachments (you can read more about malware in our blog here). Often these .zip files or Microsoft Office documents will appear to be something you are expecting, but in reality it is malicious code. In 2017, it was estimated that 93% of phishing emails contained ransomware attachments.

Types of phishing

There are a few different types of phishing. However, the one thing they all have in common is the fraudulent attempt to obtain sensitive information. Major categories of phishing are:

Spear phishing – Attackers craft a message targeted at a specific individual. Social media sites are often used to identify the target and gather information for the attack.

Whaling – Similar to spear phishing, but the target is a high-value person. The target is generally a person with power, a CEO, senior executive or board member, at a large organization.

Clone phishing – Attackers clone a legitimate previously delivered email and replace the links and/or attachments with malicious code. Clicking the links or opening the attachments enables the attacker to take control of your system and send additional malicious emails masquerading as you.

Phone phishing – Similar to email phishing, the caller claims to be a trustworthy entity like a bank or the government. They try to scare you with a problem that must be cleared up immediately. Their objective is to access account information or have you pay out money.

SMS phishing – These attacks are carried out by SMS text. The text message contains a malicious link that enables the attacker to obtain sensitive information.

Identifying and preventing a phishing attack

The harsh reality is that at some point virtually everyone and every organization will experience a phishing attack. The cost of phishing is significant. In 2018, the FBI’s Internet Crime Complaint Center reported that companies around the globe lost $12.0 billion due to business e-mails being compromised. The cost goes beyond just dollars and cents. Phishing attacks lead to decreased productivity, loss of confidential data, and damage to company reputation. Deloitte reports that 1 in 3 consumers will drop a company like a hot potato after they experience a cyber security breach.

However, there are steps you can take to reduce your chances of becoming a phishing victim.

  • Trust your gut – If something seems too good to be true, then it likely is. Be suspicious, not trusting. Legitimate organizations will never send emails asking you to provide personal information over the web. A quick Google search with the subject or text from a suspicious email will often identify if it is a known phishing scam.
  • Double check URLs – Before you click or enter personal information double check URLs. It is very common for a link in an email to say one thing but the URL is totally different. Mouseover a link first to see if it is legitimate.
  • Look for URL redirects – Make sure you are going to the URL you expect and not a different website with a virtually identical design.
  • Don’t trust urgent/scary emails – Attackers are generally trying to create a sense of urgency or fear. Question emails that are telling you to “Act Now” or “Pay Now”. According to KnowBe4 in Q1 of 2019 35% of phishing emails started with the subject line – “Password check required immediately.”
  • Watch for questionable attachments – Attachments are one of the most common ways to distribute malware. If it looks even remotely suspicious don’t trust it.
  • Don’t share personal info on social media – Avoid sharing personal information such as your birthday, phone number, or address on any publicly accessible social media platforms.
  • Educate, educate, educate – Knowledge is understanding. Regular training on new threats and what to look for are key to preventing a phishing attack.
  • Protect your data – Regularly backup all of your important data at both the organizational and individual level. For instance, implement an easy to use endpoint backup and protection solution like Data Deposit Box. Try it for free here.

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Toronto, Ontario – August 20, 2019 – Data Deposit Box Inc. (“Data Deposit Box ”) (CSE: DDB, OTC Pink : DDBXF, Frankfurt: 2DD), a global provider of cloud backup and recovery technology, today issued the following statement: “It’s with great sadness that we announce that Tim Jewell, Founder and Chief Executive Officer of Data Deposit Box, passed away Sunday August 18th in Toronto, Ontario. The entire Data Deposit Box family mourns this loss. On behalf of our Board of Directors, management team and employees, we extend our deepest sympathies to Tim’s family. Tim brought passion, experience and positive energy to Data Deposit Box. He was loved by all.”

In May of this year, the company announced a medical leave of absence for Tim. Siva Cherla was appointed as interim CEO during his leave.

Siva Cherla, interim CEO of Data Deposit Box, issued the following statement on behalf of the Board of Directors: “With the passing of Tim Jewell, Data Deposit Box has suffered a major loss. Notwithstanding that loss, the Board is confident that the team will continue to execute the plan put forward by Tim. The Board will continue to consider how best to maximize Data Deposit Box performance and value over the long term.”

About Data Deposit Box

Data Deposit Box is one of the world’s leading cloud backup and storage providers for IT Resellers, Managed Service Providers (MSPs), and Small and Medium Businesses (SMBs). The company’s patented technology allows SMB’s to backup and manage an unlimited number of devices (including Windows, macOS, iOS, Android, Synology and QNAP NAS) with one, easy to use app.

Since 2002, over 350,000 users and 200+ partners, in 53 countries, have trusted Data Deposit Box to bring them Protection Peace of Mind™. The company’s patented technology is backed by an industry leading Protection Guarantee™.

 

For More Information, Contact:

Siva Cherla scherla@datadepositbox.com 1-866-430-2406

 

FORWARD LOOKING STATEMENTS
This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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TORONTO, May 1, 2019 (GLOBE NEWSWIRE) — Data Deposit Box Inc. (“Data Deposit Box” or the “Company”) (CSE: DDB, OTCQB: DDBXF, Frankfurt: 2DD) announces today that Mr. Tim Jewell, Chief Executive Officer, will take a medical leave of absence, effective May 1, 2019, and that Mr. Siva Cherla, current Chief Financial Officer, has been appointed interim Chief Executive Officer.

The Board of Directors would like to wish Mr. Jewell a speedy recovery and have the utmost confidence in Mr. Cherla. The Company is also currently looking to bolster its management team during this period.

ABOUT DATA DEPOSIT BOX:

Providing advanced, cloud-based data back-up since 2002, Data Deposit Box is one of the world’s first and foremost data backup, protection and recovery providers for Managed Service Providers (MSPs), as well as Small and Medium Businesses (SMBs). Data Deposit Box offers full white labeling for larger MSPs. Based in Toronto, Canada, Data Deposit Box is trusted by over 5,000 MSPs, SMBs and personal end-users world-wide to make data back up as simple and smart as possible. Our recently introduced Secure Email Archiving has great potential in the larger Enterprise market as well as in our existing market. Data Deposit Box has refactored components of its existing cloud platform to develop products for the Blockchain industry.

LiveLink Web, patented web based remote device management software that does not require a Virtual Private Network (VPN), is being released in Q1 of 2018. The applications for this product cross many OEM markets such as Network Attached Storage (NAS), printers, routers, firewalls, etc.  Applications also exist for the Internet of Things (IOT) which involves products for the Consumer, Business and Public markets.

For More Information, Contact:

Siva Cherla
scherla@datadepositbox.com
1-866-430-2406

This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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TORONTO, June 6, 2018 (GLOBE NEWSWIRE) — Data Deposit Box Inc. (“Data Deposit Box”) (CSE: DDB, OTCQB: DDBXF, Frankfurt: 2DD) announced today, the Data Deposit Box application has been certified by QNAP Systems Inc.
The announcement enables QNAP customers worldwide to protect their servers, desktops, laptops, mobile devices and Network Attached Storage (NAS) devices, using the Data Deposit Box application. It’s expected that the announcement will help Data Deposit Box grow total storage under management, by providing the company with access to millions of potential end-points.
QNAP customers can now purchase the Data Deposit Box application via the QNAP App Center – an online store for purchasing QNAP add-on products that are certified to work with QNAP products.
“The QNAP certification allows us to deliver on two important commitments. First, to provide seamless integration with products that complement our offering. Second, to continue our investment in the enhancement our portfolio.” said Tim Jewell, CEO, Data Deposit Box. “We’re proud to be an official partner in the QNAP community, and believe this announcement will give QNAP customers and partners access to the best cloud backup solution on the market.”
For more information about the QNAP App Center, or to purchase the Data Deposit Box application, visit: https://www.qnap.com/en/app_center/

ABOUT DATA DEPOSIT BOX:

Providing advanced, cloud-based data back-up since 2002, Data Deposit Box is one of the world’s first and foremost data backup, protection and recovery providers for Managed Service Providers (MSPs), as well as Small and Medium Businesses (SMBs). Data Deposit Box offers full white labeling for larger MSPs. Based in Toronto, Canada, Data Deposit Box is trusted by over 5,000 MSPs, SMBs and personal end-users world-wide to make data back up as simple and smart as possible. Our recently introduced Secure Email Archiving has great potential in the larger Enterprise market as well as in our existing market. Data Deposit Box has refactored components of its existing cloud platform to develop products for the Blockchain industry. ProActiveMSP, patented web based remote device management software that does not require a Virtual Private Network (VPN), serves markets such as Network Attached Storage (NAS), printers, routers, firewalls, etc. Applications also exist for the Internet of Things (IOT) which involves products for the Consumer, Business and Public markets.

For More Information, Contact:

Tim Jewell
CEO Data Deposit Box Inc.
Telephone: 1-866-430-2406
Email: tjewell@datadepositbox.com
This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “would”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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TORONTO, April 26, 2018 (GLOBE NEWSWIRE) — Data Deposit Box Inc. (“Data Deposit Box”) (CSE:DDB) (OTCQB:DDBXF) (Frankfurt:2DD) today announced it has signed a contract with DSD Europe BV as of April 16th, 2018.
“This contract represents our third large partner in Europe, adding to previously announced Claranet and Brigantia. DSD customers are IT/Telecom Resellers, MSPs, web stores and retailers of all sizes. DSD will sell Data Deposit Box applications for a minimum of 12 months using their unique platform for software distribution of ESDs, software licenses and monthly services. DSD will share revenue with Data Deposit Box on a 50/50 split. We are very pleased to announce the closing of this deal prior to the quickly approaching deadline for the General Data Protection Regulation (GDPR) regulation on May 25th, 2018. We have been working with DSD since September of 2017 and this has been a very fast closing. Our new partner is a master distributor with more than 2,500 MSP clients and has a very successful and growing business,” said Tim Jewell, CEO, Data Deposit Box.

ABOUT DATA DEPOSIT BOX:

Providing advanced, cloud-based data back-up since 2002, Data Deposit Box is one of the world’s first and foremost data backup, protection and recovery providers for Managed Service Providers (MSPs), as well as Small and Medium Businesses (SMBs). Data Deposit Box offers full white labeling for larger MSPs. Based in Toronto, Canada, Data Deposit Box is trusted by over 5,000 MSPs, SMBs and personal end-users world-wide to make data back up as simple and smart as possible. Our recently introduced Secure Email Archiving has great potential in the larger Enterprise market as well as in our existing market. Data Deposit Box has refactored components of its existing cloud platform to develop products for the Blockchain industry. ProActiveMSP, patented web based remote device management software that does not require a Virtual Private Network (VPN), is being released in Q1 of 2018. The applications for this product cross many OEM markets such as Network Attached Storage (NAS), printers, routers, firewalls, etc. Applications also exist for the Internet of Things (IOT) which involves products for the Consumer, Business and Public markets.

For More Information, Contact:

Tim Jewell
CEO Data Deposit Box Inc.
Telephone: 416-238-7596
Email: tjewell@datadepositbox.com
This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate,” “estimate,” “may,” “will,” “would,” “potential,” “proposed,” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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TORONTO, April 20, 2018 (GLOBE NEWSWIRE) — Data Deposit Box Inc. (“Data Deposit Box”) (CSE:DDB) (OTCQB:DDBXF) (Frankfurt:2DD) announced today certification by Synology Inc. on April 11th, 2018 and subsequent availability of the Data Deposit Box application in the Synology Package Center. The Package Center is an online store where customers can purchase and download add-on products, certified to work with Synology products.
This announcement provides Synology customers with an easy way to purchase and use Data Deposit Box to protect their servers, desktops, laptops, mobile devices and Network Attached Storage (NAS) devices.
“Our partners have been asking for a certified solution for Synology, and we’ve delivered it today. The Package Center provides Synology customers with an easy way to find, download and purchase our product, and gives Data Deposit Box access to millions of endpoints. We’re extremely excited about the opportunity, working as an official partner in the Synology community,” said Tim Jewell, CEO, Data Deposit Box.
Data Deposit Box expects that this announcement will not only help the company grow storage under management (from Synology NAS products), but also expand to IP surveillance solutions which require very large data stores.

ABOUT DATA DEPOSIT BOX:

Providing advanced, cloud-based data back-up since 2002, Data Deposit Box is one of the world’s first and foremost data backup, protection and recovery providers for Managed Service Providers (MSPs), as well as Small and Medium Businesses (SMBs). Data Deposit Box offers full white labeling for larger MSPs. Based in Toronto, Canada, Data Deposit Box is trusted by over 5,000 MSPs, SMBs and personal end-users world-wide to make data back up as simple and smart as possible. Our recently introduced Secure Email Archiving has great potential in the larger Enterprise market as well as in our existing market. Data Deposit Box has refactored components of its existing cloud platform to develop products for the Blockchain industry. ProActiveMSP, patented web based remote device management software that does not require a Virtual Private Network (VPN), is being released in Q1 of 2018. The applications for this product cross many OEM markets such as Network Attached Storage (NAS), printers, routers, firewalls, etc. Applications also exist for the Internet of Things (IOT) which involves products for the Consumer, Business and Public markets.

For More Information, Contact:

Tim Jewell
CEO Data Deposit Box Inc.
Telephone: 416-238-7596
Email: tjewell@datadepositbox.com
This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate,” “estimate,” “may,” “will,” “would,” “potential,” “proposed,” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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TORONTO, March 14, 2018 (GLOBE NEWSWIRE) — Data Deposit Box Inc. (“Data Deposit Box”) (CSE: DDB, OTCQB: DDBXF, Frankfurt: 2DD today announced it has closed its first sale for its Blockchain Hardened Object Storage with Claranet in Europe.
“We are very pleased to announce our first sale of our blockchain hardened object storage as part of our Cloud Platform 2018. This is a very competitive industry and one of the most critical components at the core is object storage. We are pleased that our platform has been validated by such a large partner in Europe. We will work to introduce our new products into Claranets channel and look forward to growing our partnership” said Tim Jewell, CEO, Data Deposit Box.

ABOUT DATA DEPOSIT BOX:

Providing advanced, cloud-based data back-up since 2002, Data Deposit Box is one of the world’s first and foremost data backup, protection and recovery providers for Managed Service Providers (MSPs), as well as Small and Medium Businesses (SMBs). Data Deposit Box offers full white labeling for larger MSPs. Based in Toronto, Canada, Data Deposit Box is trusted by over 5,000 MSPs, SMBs and personal end-users world-wide to make data back up as simple and smart as possible. Our recently introduced Secure Email Archiving has great potential in the larger Enterprise market as well as in our existing market. Data Deposit Box has refactored components of its existing cloud platform to develop products for the Blockchain industry. iveLink Web, patented web based remote device management software that does not require a Virtual Private Network (VPN), is being released in Q1 of 2018. The applications for this product cross many OEM markets such as Network Attached Storage (NAS), printers, routers, firewalls, etc. Applications also exist for the Internet of Things (IOT) which involves products for the Consumer, Business and Public markets.

For More Information, Contact:

Tim Jewell
CEO Data Deposit Box Inc.
Telephone: 416-238-7596
Email: tjewell@datadepositbox.com
This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate,” “estimate,” “may,” “will,” “would,” “potential,” “proposed,” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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TORONTO, Feb. 27, 2018 (GLOBE NEWSWIRE) — Data Deposit Box Inc. (“Data Deposit Box”) (CSE: DDB, OTCQB: DDBXF, Frankfurt: 2DD today announced it has joined Hyperledger (view Hyperledger Press Release).
“We are very pleased to join the Hyperledger community and look forward to collaborating in our goal to deliver innovative blockchain solutions for our partners and clients worldwide,” said Tim Jewell, CEO, Data Deposit Box. “It is important to be part of such a diverse and talented community as we innovate at such a rapid pace. Our partners and clients are depending on applications to use common interfaces so they can select between blockchain service providers without the need for implementation changes. It took many years for S3 to become widely accepted as a standard interface for storage. We hope to help in the evolution of a simple blockchain service (SBS) and we know Hyperledger will be at the core.”

ABOUT DATA DEPOSIT BOX:

Providing advanced, cloud-based data back-up since 2002, Data Deposit Box is one of the world’s first and foremost data backup, protection and recovery providers for Managed Service Providers (MSPs), as well as Small and Medium Businesses (SMBs). Data Deposit Box offers full white labeling for larger MSPs. Based in Toronto, Canada, Data Deposit Box is trusted by over 5,000 MSPs, SMBs and personal end-users world-wide to make data back up as simple and smart as possible. Our recently introduced Secure Email Archiving has great potential in the larger Enterprise market as well as in our existing market. Data Deposit Box has refactored components of its existing cloud platform to develop products for the Blockchain industry.
LiveLink Web, patented web based remote device management software that does not require a Virtual Private Network (VPN), is being released in Q1 of 2018. The applications for this product cross many OEM markets such as Network Attached Storage (NAS), printers, routers, firewalls, etc. Applications also exist for the Internet of Things (IOT) which involves products for the Consumer, Business and Public markets.

For More Information, Contact:

Tim Jewell
CEO Data Deposit Box Inc.
Telephone: 416-238-7596
Email: tjewell@datadepositbox.com
This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate,” “estimate,” “may,” “will,” “would,” “potential,” “proposed,” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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TORONTO, Jan. 25, 2018 (GLOBE NEWSWIRE) — Data Deposit Box Inc. (“Data Deposit Box”) (CSE: DDB, OTCQB: DDBXF, Frankfurt: 2DD), is pleased to announce LiveLink Web – a patented, web based remote device management software that does not require a Virtual Private Network (VPN). The applications for this product cross many OEM markets such as Network Attached Storage (NAS), printers, routers, firewalls, etc. Applications also exist for the Internet of Things (IOT) market which involves products for the Consumer, Business and Public markets. Data Deposit Box is entering a proof of concept with a major international OEM to implement the software in its hardware solution offered to its business clients globally.
Said Tim Jewell, CEO of Data Deposit Box: “We are very excited about this patented technology that has been developed over the past number of years. Managed Service Providers and OEMs alike will benefit from having consolidated monitoring capabilities for their clients and single click remote administration for any device that offers a HTTP management interface. Also, the market for IOT devices is expected to grow rapidly in the coming years and we want to be an integral part of it.”

ABOUT DATA DEPOSIT BOX:

Providing advanced, cloud-based data back-up since 2002, Data Deposit Box is one of the world’s first and foremost data backup, protection and recovery providers for Managed Service Providers (MSPs), as well as Small and Medium Businesses (SMBs). Data Deposit Box offers full white labeling for larger MSPs. Based in Toronto, Canada, Data Deposit Box is trusted by over 5,000 MSPs, SMBs and personal end-users world-wide to make data back up as simple and smart as possible. Our recently introduced Secure Email Archiving has great potential in the larger Enterprise market as well as in our existing market. Data Deposit Box has refactored components of its existing cloud platform to develop products for the Blockchain industry.
LiveLink Web, patented web based remote device management software that does not require a Virtual Private Network (VPN), is being released in Q1 of 2018. The applications for this product cross many OEM markets such as Network Attached Storage (NAS), printers, routers, firewalls, etc. Applications also exist for the Internet of Things (IOT) which involves products for the Consumer, Business and Public markets.

For More Information, Contact:

Tim Jewell
CEO Data Deposit Box Inc.
Telephone: 416-238-7596
Email: tjewell@datadepositbox.com
This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate,” “estimate,” “may,” “will,” “would,” “potential,” “proposed,” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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TORONTO, Jan. 11, 2018 (GLOBE NEWSWIRE) — Data Deposit Box Inc. (“Data Deposit Box”) (CSE: DDB, OTCQB: DDBXF, Frankfurt: 2DD), is pleased to announce the Warrant Exercise Incentive Program has been very successful.
The company has received over $1.2M in proceeds from the exercise of warrants. Some of the proceeds were used to eliminate all outstanding debt and remove the GSA in place from our senior lender.
Said Tim Jewell, CEO of Data Deposit Box: “Our team has done a great job enhancing our core products and bringing new products to market. Being debt free with a strong cash balance and cash flow positive will allow us to focus on our core business and our new lines of business (Blockchain, Secure Email Archiving and LiveLink).”

ABOUT DATA DEPOSIT BOX:

Providing advanced, cloud-based data back-up since 2002, Data Deposit Box is one of the world’s first and foremost data backup, protection and recovery providers for Managed Service Providers (MSPs), as well as Small and Medium Businesses (SMBs). Data Deposit Box offers full white labeling for larger MSPs. Based in Toronto, Canada, Data Deposit Box is trusted by over 5,000 MSPs, SMBs and personal endusers world-wide to make data back up as simple and smart as possible.
Data Deposit Box is using components of its existing robust platform to develop products for the Blockchain industry.

For More Information, Contact:

Tim Jewell
CEO Data Deposit Box Inc.
Telephone: 416-238-7596
Email: tjewell@datadepositbox.com
This news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate,” “estimate,” “may,” “will,” “would,” “potential,” “proposed,” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company’s Management’s Discussion and Analysis. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

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Try free for 14 days