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Paperclip Partners With Flying Cloud Technology, Premier Federal to Create Zero Trust Data Safe Platform

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Paperclip Inc. (OTCMKTS:PCPJ) has launched Zero Trust Data Safe, a groundbreaking platform that combines Flying Cloud CrowsNest data surveillance technology with Paperclip's SAFE® searchable encryption. This innovative solution automatically discovers, classifies, and secures sensitive data, simplifying compliance without compromising security or performance.

The platform addresses the growing concern of cyber threats, with the average cost of a data breach at $4.45 million. Zero Trust Data Safe significantly reduces the risk of data loss and increases protection without requiring additional investments. It integrates data discovery, classification, and searchable encryption in a single, powerful solution.

Paperclip has partnered with Flying Cloud Technology and Premier Federal to bring this solution to market, targeting federal agencies and other organizations seeking enhanced data security and compliance measures.

Paperclip Inc. (OTCMKTS:PCPJ) ha lanciato Zero Trust Data Safe, una piattaforma innovativa che combina la tecnologia di sorveglianza dei dati Flying Cloud CrowsNest con la crittografia ricercabile SAFE® di Paperclip. Questa soluzione innovativa scopre, classifica e protegge automaticamente i dati sensibili, semplificando la conformità senza compromettere la sicurezza o le prestazioni.

La piattaforma affronta la crescente preoccupazione per le minacce informatiche, con un costo medio di una violazione dei dati pari a 4,45 milioni di dollari. Zero Trust Data Safe riduce significativamente il rischio di perdita dei dati e aumenta la protezione senza richiedere investimenti aggiuntivi. Integra la scoperta dei dati, la classificazione e la crittografia ricercabile in un'unica, potente soluzione.

Paperclip ha collaborato con Flying Cloud Technology e Premier Federal per portare questa soluzione sul mercato, prendendo di mira agenzie federali e altre organizzazioni che cercano misure migliorate di sicurezza e conformità dei dati.

Paperclip Inc. (OTCMKTS:PCPJ) ha lanzado Zero Trust Data Safe, una plataforma innovadora que combina la tecnología de vigilancia de datos Flying Cloud CrowsNest con la encriptación buscable SAFE® de Paperclip. Esta solución innovadora descubre, clasifica y asegura automáticamente los datos sensibles, simplificando el cumplimiento sin comprometer la seguridad o el rendimiento.

La plataforma aborda la creciente preocupación por las amenazas cibernéticas, con un costo promedio de una violación de datos de 4.45 millones de dólares. Zero Trust Data Safe reduce significativamente el riesgo de pérdida de datos y aumenta la protección sin requerir inversiones adicionales. Integra el descubrimiento de datos, la clasificación y la encriptación buscable en una única y poderosa solución.

Paperclip se ha asociado con Flying Cloud Technology y Premier Federal para llevar esta solución al mercado, enfocándose en agencias federales y otras organizaciones que buscan medidas mejoradas de seguridad y cumplimiento de datos.

Paperclip Inc. (OTCMKTS:PCPJ)는 Zero Trust Data Safe를 출시했습니다. 이 획기적인 플랫폼은 Flying Cloud CrowsNest 데이터 감시 기술과 Paperclip의 SAFE® 검색 가능한 암호화를 결합합니다. 이 혁신적인 솔루션은 민감한 데이터를 자동으로 발견, 분류 및 보호하여 보안이나 성능을 저해하지 않으면서 준수를 간소화합니다.

이 플랫폼은 사이버 위협의 우려를 해결하며, 데이터 침해의 평균 비용은 445만 달러입니다. Zero Trust Data Safe는 데이터 손실의 위험을 크게 줄이고 추가 투자 없이 보호를 강화합니다. 데이터 발견, 분류 및 검색 가능한 암호화를 단일의 강력한 솔루션으로 통합합니다.

Paperclip은 Flying Cloud Technology 및 Premier Federal과 협력하여 이 솔루션을 시장에 출시하며, 데이터 보안 및 준수 조치를 강화하고자 하는 연방 기관 및 기타 조직을 목표로 하고 있습니다.

Paperclip Inc. (OTCMKTS:PCPJ) a lancé Zero Trust Data Safe, une plateforme révolutionnaire qui combine la technologie de surveillance des données Flying Cloud CrowsNest avec le cryptage consultable SAFE® de Paperclip. Cette solution innovante découvre, classe et sécurise automatiquement les données sensibles, simplifiant ainsi la conformité sans compromettre la sécurité ni les performances.

La plateforme répond à la préoccupation grandissante concernant les menaces cybernétiques, le coût moyen d'une violation de données étant de 4,45 millions de dollars. Zero Trust Data Safe réduit considérablement le risque de perte de données et augmente la protection sans nécessiter d'investissements supplémentaires. Elle intègre la découverte de données, la classification et le cryptage consultable en une seule solution puissante.

Paperclip s'est associé à Flying Cloud Technology et Premier Federal pour commercialiser cette solution, visant les agences fédérales et d'autres organisations à la recherche de mesures renforcées de sécurité des données et de conformité.

Paperclip Inc. (OTCMKTS:PCPJ) hat Zero Trust Data Safe gestartet, eine bahnbrechende Plattform, die die Datenüberwachungstechnologie von Flying Cloud CrowsNest mit der durchsuchbaren Verschlüsselung SAFE® von Paperclip kombiniert. Diese innovative Lösung entdeckt, klassifiziert und sichert automatisch sensible Daten, wodurch die Compliance vereinfacht wird, ohne die Sicherheit oder Leistung zu beeinträchtigen.

Die Plattform geht auf die wachsende Besorgnis über Cyber-Bedrohungen ein, wobei die durchschnittlichen Kosten eines Datenverlusts bei 4,45 Millionen Dollar liegen. Zero Trust Data Safe reduziert erheblich das Risiko von Datenverlust und erhöht den Schutz, ohne zusätzliche Investitionen zu erfordern. Sie integriert die Datenentdeckung, Klassifikation und durchsuchbare Verschlüsselung in einer einzigen, leistungsstarken Lösung.

Paperclip hat sich mit Flying Cloud Technology und Premier Federal zusammengeschlossen, um diese Lösung auf den Markt zu bringen, und richtet sich an Bundesbehörden und andere Organisationen, die verbesserte Maßnahmen zur Datensicherheit und Compliance suchen.

Positive
  • Launch of innovative Zero Trust Data Safe platform combining data surveillance and searchable encryption technologies
  • Potential to significantly reduce the risk and cost associated with data breaches
  • Strategic partnership with Flying Cloud Technology and Premier Federal for market expansion
  • Addressing growing cybersecurity concerns and compliance requirements
Negative
  • None.

The first-of-its-kind platform merges technologies to deliver mandated data discovery, classification, accountability, and encryption

HACKENSACK, N.J., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Paperclip, Inc. (OTCMKTS:PCPJ) announced the launch of Zero Trust Data Safe, which combines patented Flying Cloud CrowsNest data surveillance technology with Paperclip’s SAFE® searchable encryption (encryption of data-in-use) technologies. Together, they automatically discover, classify, and secure sensitive data to simplify compliance without exposing critical data to risk or compromising performance.

With cyber threats escalating in number and severity, and the average cost of a data breach stands at $4.45 million (IBM Cost of a Data Breach Report 2023). The Zero Trust Data Safe platform significantly reduces the risk of sensitive data loss or damage, helping you avoid the high costs of a breach. At the same time, you can significantly increase protection for all data without having to invest in additional point solutions, upgrades, or management resources.

“Right now, the compliance-mandated data discovery and classification process often introduces sensitive data to unintended risk," said William Weiss, CEO of Paperclip Inc. "This collaboration brings together two critical technologies in the first solution of its kind. Zero Trust Data Safe will transform data security as we know it, combining data discovery, classification, and searchable encryption in one powerful solution.”

Paperclip SAFE® as a Privacy Enhancing Technology (PET) platform leverages searchable symmetric encryption, NIST AES 256 encryption algorithms, patented shredding protocols and Privacy Enhancing Computation (PEC) to go beyond existing data encryption technology. SAFE’s next-generation encryption combined with CrowsNest patented technology creates the Zero Trust Data Safe.

Flying Cloud CrowsNest automatically discovers and fingerprints every type of data running over the network or residing in applications, desktops, clouds, and device streams—without touching files. By analyzing data movement and usage in real time, CrowsNest also creates a rolling baseline of normal data behavior in your network. Once classified, sensitive data is automatically deposited into a quarantine powered by Paperclip SAFE.

In the Paperclip SAFE environment, data is shredded and each shred is encrypted using AES 256 encryption. Data always stays shredded and encrypted for maximum security. Users can query data, with queries also being shredded and encrypted to create highly secure encryption-on-encryption searches. No data is decrypted for use, and only data relevant to the query is exposed to an authorized end user—elevating data security like never before.

"For the first time, organizations can account for—and secure—every piece of data," said Brian Christian, CEO of Flying Cloud Technology. "Once data is known, they can make appropriate decisions about its use, apply detailed policies, and automatically enforce those policies. Data accountability is fundamental to an organization's security, strategies, and operations—regardless of whether the data is regulated, sensitive, or operational."

Together, Flying Cloud and Paperclip have partnered with Premier Federal, Inc., a SBA 8(a) certified WS)B/EDWOSB, GSA MAS, and GSA 8(a) STARS III designated company based in Atlanta, GA.

“Premier Federal has extensive experience bringing solutions to key Federal agencies,” said Chad Walter, Paperclip CRO. “Their expertise is essential to meeting Federal demands for better data discovery, classification, use and security platforms.”

With the combined solutions, users can discover and classify critical data and gain time to decide how it should be handled. Meanwhile, the data is maintained within an encrypted searchable quarantine without being at risk. The Zero Trust Data Safe solution is available through a strategic partnership with Premier Federal, which specializes in custom solutions, services, and support to Federal, State/Local, and commercial customers.

About Paperclip Inc.
With over three decades of customer-centric innovation, Paperclip is a proven strategic partner that continues to revolutionize data security, content supply chain, and document management for Fortune 1000 companies worldwide. Every second of every day, Paperclip solutions securely process, transcribe, store, and communicate our client’s most sensitive content, such as PII, PHI, NPI, and corporate IP. Paperclip enables enterprises to harness the power of their data without ever sacrificing security. As a trusted leader, Paperclip continues to innovate, adapt and excel within a rapidly changing digital world. Learn more at www.paperclip.com.

About Paperclip SAFE®
Paperclip’s proprietary SAFE® searchable encryption solution builds upon an established foundation of trust and collaboration earned from over three decades of consistent performance. Paperclip SAFE utilizes our team’s in-depth knowledge of the data supply chain to ensure that private, sensitive, and controlled data is encrypted and removed from risk of data theft and ransom. Originally developed as an internal solution, Paperclip has operationalized SAFE for more than three years to protect the critical data behind our active customer base, including nine of the top 10 life insurance and annuity enterprises. With Paperclip SAFE, critical data assets are always encrypted, always available, and always ahead of evolving risk. For more information, visit https://paperclip.com/safe.

About Flying Cloud Technology
Flying Cloud provides foundational data accountability solutions that drive enterprise cloud, security, AI, and operational strategies. Launched in 2014, the company has 12 patents for data surveillance technology. Flying Cloud partners with industry leaders in cloud, cybersecurity, and system integration to address the broadest range of data accountability and data security use cases. For more information, visit https://www.flyingcloudtech.com.

About Premier Federal, Inc.
Premier Federal (CAGE: 4QGZ7, UEID: NPT2EC4L9277) based in Atlanta, GA is a SBA certified 8(a), minority woman- owned small business (WOSB/EDWOSB) with GSA MAS, 8(a) STARS III, and NIWC LANT 8(a) Program participant.
Premier Federal specializes in 24x7 managed Cybersecurity, Data Modernization, AI/ML, and Predictive Analytics solutions and services. Premier Federal offers custom solutions, services, and support to the Federal, State/Local, and commercial customers.
https://www.premfed.com

CONTACT
Megan Brandow, Director of Marketing
Paperclip, Inc.
(585) 727-0983
mbrandow@paperclip.com


FAQ

What is Paperclip's Zero Trust Data Safe platform?

Zero Trust Data Safe is a new platform launched by Paperclip (PCPJ) that combines Flying Cloud CrowsNest data surveillance technology with Paperclip's SAFE® searchable encryption to automatically discover, classify, and secure sensitive data, simplifying compliance without compromising security or performance.

How does Zero Trust Data Safe benefit organizations?

Zero Trust Data Safe significantly reduces the risk of sensitive data loss or damage, helping organizations avoid the high costs associated with data breaches (average $4.45 million). It increases data protection without requiring additional investments in point solutions, upgrades, or management resources.

Who are Paperclip's partners in developing Zero Trust Data Safe?

Paperclip (PCPJ) has partnered with Flying Cloud Technology for their CrowsNest data surveillance technology and Premier Federal, an SBA 8(a) certified company, to bring the Zero Trust Data Safe solution to market, particularly targeting federal agencies.

What unique features does Zero Trust Data Safe offer?

Zero Trust Data Safe offers automatic data discovery and classification, real-time analysis of data movement and usage, and advanced encryption using NIST AES 256 algorithms. It allows for secure, encrypted searches without decrypting data, exposing only relevant information to authorized users.

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