Paperclip SAFE Announces Alignment with Encryption Requirements Mandated within EU DORA Act
Paperclip (OTCMKTS:PCPJ) announced that its SAFE technology aligns with the new European Union Digital Operational Resilience Act (DORA) encryption requirements, which became effective January 17th, 2025. DORA mandates data encryption for EU financial services organizations and their ICT suppliers, affecting both EU and US organizations.
The regulation requires encryption of data at rest, in transit, and in use - a technology not widely adopted but supported by Paperclip SAFE's always-encrypted solution. The company's CRO, Chad Walter, suggests DORA could influence global data resiliency requirements similarly to how GDPR impacted data privacy regulations.
Paperclip SAFE helps organizations achieve DORA compliance by protecting data confidentiality, availability, and integrity. The company is attending TechEx Global in London (Feb. 5-6) to discuss DORA compliance and encryption strategies with EU and non-EU companies.
Paperclip (OTCMKTS:PCPJ) ha annunciato che la sua tecnologia SAFE è in linea con i nuovi requisiti di cifratura del Digital Operational Resilience Act (DORA) dell'Unione Europea, che entreranno in vigore il 17 gennaio 2025. DORA richiede la cifratura dei dati per le organizzazioni finanziarie dell'UE e i loro fornitori di ICT, influenzando sia le organizzazioni dell'UE che quelle degli Stati Uniti.
La regolamentazione richiede la cifratura dei dati a riposo, in transito e in uso - una tecnologia non ampiamente adottata ma supportata dalla soluzione sempre cifrata di Paperclip SAFE. Il CRO dell'azienda, Chad Walter, suggerisce che DORA potrebbe influenzare i requisiti di resilienza dei dati a livello globale in modo simile a come il GDPR ha impattato le normative sulla privacy dei dati.
Paperclip SAFE aiuta le organizzazioni a soddisfare la conformità a DORA proteggendo la riservatezza, la disponibilità e l'integrità dei dati. L'azienda parteciperà a TechEx Global a Londra (5-6 febbraio) per discutere la conformità a DORA e le strategie di cifratura con aziende dell'UE e non-UE.
Paperclip (OTCMKTS:PCPJ) anunció que su tecnología SAFE se alinea con los nuevos requisitos de cifrado de la Ley de Resiliencia Operativa Digital (DORA) de la Unión Europea, que entrará en vigor el 17 de enero de 2025. DORA exige el cifrado de datos para las organizaciones de servicios financieros de la UE y sus proveedores de TIC, afectando tanto a organizaciones de la UE como de EE. UU.
La regulación requiere el cifrado de datos en reposo, en tránsito y en uso, una tecnología que no se ha adoptado ampliamente pero que es respaldada por la solución siempre cifrada de Paperclip SAFE. El CRO de la empresa, Chad Walter, sugiere que DORA podría influir en los requisitos de resiliencia de datos a nivel global de manera similar a como el GDPR impactó en las regulaciones de privacidad de datos.
Paperclip SAFE ayuda a las organizaciones a lograr el cumplimiento de DORA protegiendo la confidencialidad, disponibilidad e integridad de los datos. La compañía asistirá a TechEx Global en Londres (5-6 de febrero) para discutir la conformidad con DORA y las estrategias de cifrado con empresas de la UE y no pertenecientes a la UE.
Paperclip (OTCMKTS:PCPJ)는 자사의 SAFE 기술이 2025년 1월 17일부터 시행되는 새로운 유럽 연합 디지털 운영 복원력 법(DORA)의 암호화 요구사항에 부합한다고 발표했습니다. DORA는 EU 금융 서비스 조직과 그들의 ICT 공급업체에 대한 데이터 암호화를 의무화하며, 이는 EU와 미국의 조직 모두에 영향을 미칩니다.
이 규정은 정지 상태, 전송 중 및 사용 중인 데이터의 암호화를 요구하며, 널리 채택되지 않은 기술이지만 Paperclip SAFE의 항상 암호화된 솔루션이 지원하고 있습니다. 회사의 CRO인 Chad Walter는 DORA가 GDPR이 데이터 개인정보 보호 규정에 미친 영향과 유사한 방식으로 글로벌 데이터 회복력 요구 사항에 영향을 미칠 수 있다고 제안합니다.
Paperclip SAFE는 조직이 데이터의 기밀성, 가용성 및 무결성을 보호하여 DORA 준수를 달성하는 데 도움을 줍니다. 회사는 유럽 기업 및 비EU 기업과 DORA 준수 및 암호화 전략에 대해 논의하기 위해 런던에서 열리는 TechEx Global (2월 5-6일)에 참석할 예정입니다.
Paperclip (OTCMKTS:PCPJ) a annoncé que sa technologie SAFE est conforme aux nouvelles exigences de chiffrement du Digital Operational Resilience Act (DORA) de l'Union Européenne, qui entrera en vigueur le 17 janvier 2025. DORA exige le chiffrement des données pour les organisations de services financiers de l'UE et leurs fournisseurs de TIC, affectant à la fois les organisations de l'UE et des États-Unis.
La réglementation exige le chiffrement des données au repos, en transit et en cours d'utilisation - une technologie qui n'est pas largement adoptée mais qui est soutenue par la solution toujours chiffrée de Paperclip SAFE. Le CRO de l'entreprise, Chad Walter, suggère que DORA pourrait influencer les exigences mondiales en matière de résilience des données de la même manière que le RGPD a eu un impact sur les réglementations relatives à la confidentialité des données.
Paperclip SAFE aide les organisations à se conformer à DORA en protégeant la confidentialité, la disponibilité et l'intégrité des données. L'entreprise assistera à TechEx Global à Londres (5-6 février) pour discuter de la conformité à DORA et des stratégies de chiffrement avec des entreprises de l'UE et non-UE.
Paperclip (OTCMKTS:PCPJ) gab bekannt, dass seine SAFE-Technologie mit den neuen Verschlüsselungsanforderungen des Digital Operational Resilience Act (DORA) der Europäischen Union übereinstimmt, die am 17. Januar 2025 in Kraft treten werden. DORA verpflichtet die Verschlüsselung von Daten für EU-Finanzdienstleistungsorganisationen und deren ICT-Anbieter und betrifft sowohl EU- als auch US-Organisationen.
Die Vorschriften verlangen die Verschlüsselung von Daten im Ruhezustand, während der Übertragung und in Benutzung - eine Technologie, die nicht weit verbreitet ist, jedoch von der ständig verschlüsselten Lösung von Paperclip SAFE unterstützt wird. Der CRO des Unternehmens, Chad Walter, schlägt vor, dass DORA ähnliche Auswirkungen auf die globalen Anforderungen an die Datenresilienz haben könnte, wie es der GDPR auf die Datenschutzvorschriften hatte.
Paperclip SAFE hilft Organisationen, die DORA-Konformität zu erreichen, indem es die Vertraulichkeit, Verfügbarkeit und Integrität der Daten schützt. Das Unternehmen wird an der TechEx Global in London (5.-6. Februar) teilnehmen, um die DORA-Konformität und Verschlüsselungsstrategien mit Unternehmen aus der EU und außerhalb der EU zu erörtern.
- SAFE technology already compliant with new EU DORA requirements
- Early market position in mandatory encryption requirements for financial sector
- Product addresses an expanding regulatory requirement likely to spread globally
- None.
Paperclip’s Encryption Solution to Help EU Finance Sector Comply with New Data Encryption Mandates
HACKENSACK, N.J., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Paperclip, Inc. (OTCMKTS:PCPJ) announces its SAFE technology aligns with new European Union DORA requirements mandating data encryption.
The Digital Operational Resilience Act (DORA) went into effect on January 17th, 2025, impacting all European Union (EU) financial services organizations and their Information and Communications Technology (ICT) suppliers. This regulation has far-reaching implications, and not only for Financial Institutions operating in the EU, but for US organizations as well.
“We should look at DORA as a foreshadowing of U.S. regulations to come,” said Chad Walter, CRO at Paperclip, Inc. “The demand is increasing for better resiliency due to increased data theft, manipulation, and ransomware attacks. DORA is likely to influence data resiliency requirements globally, just as GDPR did for data privacy. There are key pieces to the DORA regulations that are coming to a regulation near you.”
A key aspect of DORA is its specificity around encryption. To comply with DORA, organizations that do business with the financial sector in the EU must enhance their encryption tools to support encryption of data at rest, in transit, and in use. This type of encryption technology isn’t widely adopted to date and is reliant on newer, innovative technologies like Paperclip SAFE®.
Paperclip SAFE® always-encrypted technology is uniquely positioned to help organizations on their path to data resiliency and DORA compliance. Paperclip SAFE meets DORA requirements by assuring that confidentiality, availability, and integrity of data is protected via its always-encrypted technology.
DORA introduces significant personal accountability for compliance and cybersecurity leaders at financial entities, and the service providers they work with. To learn more about DORA requirements and the impact on your organization—US or EU—visit https://paperclip.com/dora-regulations/
Paperclip will be attending TechEx Global in London this week, Feb. 5-6, to meet with EU and non-EU companies to discuss DORA, encryption strategies, and appetite for innovation. Our team will be learning about and discussing EU regulations along with other global data security requirements.
About Paperclip Inc.
With over three decades of customer-centric innovation, Paperclip is a proven strategic partner that continues to revolutionize data encryption, 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® 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 always encrypted and removed from risk of data theft and ransom. Originally developed as an internal solution, Paperclip has operationalized SAFE for more than four 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.
CONTACT
Megan Brandow, Director of Marketing
Paperclip, Inc.
(585) 727-0983
mbrandow@paperclip.com
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