Paperclip, Inc. has announced the launch of Zero Trust Data Safe, a groundbreaking solution that combines Flying Cloud CrowsNest data surveillance technology with Paperclip’s SAFE(R) searchable encryption. This innovative platform automatically discovers, classifies, and secures sensitive data, simplifying compliance and reducing the risk of data breaches.
With the increasing number and severity of cyber threats, organizations face significant challenges in protecting their sensitive data. The average cost of a data breach is currently $4.45 million, according to the IBM Cost of a Data Breach Report 2023. Zero Trust Data Safe addresses these challenges by providing a comprehensive solution that enhances data security without compromising performance.
The collaboration between Paperclip and Flying Cloud brings together two critical technologies in the first solution of its kind. Zero Trust Data Safe combines data discovery, classification, and searchable encryption, providing organizations with a powerful tool to transform their data security practices.
Paperclip SAFE(R) serves as a Privacy Enhancing Technology (PET) platform, leveraging searchable symmetric encryption, NIST AES 256 encryption algorithms, patented shredding protocols, and Privacy Enhancing Computation (PEC). This advanced encryption technology, combined with Flying Cloud’s CrowsNest patented technology, forms the foundation of the Zero Trust Data Safe platform.
Flying Cloud CrowsNest automatically discovers and fingerprints all types of data running over the network or residing in applications, desktops, clouds, and device streams, without accessing the files themselves. By analyzing data movement and usage in real time, CrowsNest creates a baseline of normal data behavior within the network.
Once sensitive data is classified, it is automatically deposited into a quarantine powered by Paperclip SAFE. In this secure environment, data is shredded and each shred is encrypted using AES 256 encryption. The data remains shredded and encrypted at all times, ensuring maximum security.
Users can query the data, with queries also being shredded and encrypted to create highly secure encryption-on-encryption searches. No data is decrypted for use, and only the data relevant to the query is exposed to authorized end users, elevating data security to unprecedented levels.
The partnership between Paperclip and Flying Cloud has also extended to include Premier Federal, Inc., a leading provider of custom solutions, services, and support to Federal, State/Local, and commercial customers. Premier Federal’s expertise is essential in meeting the demands of Federal agencies for improved data discovery, classification, use, and security platforms.
With the combined solutions offered by Paperclip, Flying Cloud, and Premier Federal, users can discover and classify critical data, giving them the time to make informed decisions on how to handle it. The data is maintained within an encrypted searchable quarantine, eliminating the risk of exposure.
Paperclip, Inc. has been a trusted strategic partner for Fortune 1000 companies worldwide, revolutionizing data security, content supply chain, and document management for over three decades. Their solutions securely process, transcribe, store, and communicate sensitive content, such as PII, PHI, NPI, and corporate IP, without sacrificing security.
Paperclip’s proprietary SAFE(R) searchable encryption solution builds upon their extensive experience and knowledge of the data supply chain. Operationalized for more than three years, Paperclip SAFE protects critical data assets for their active customer base, including nine of the top 10 life insurance and annuity enterprises.
Flying Cloud Technology, launched in 2014, provides foundational data accountability solutions that drive enterprise cloud, security, AI, and operational strategies. With 12 patents for data surveillance technology, Flying Cloud partners with industry leaders to address a wide range of data accountability and data security use cases.
Premier Federal, Inc., a certified 8(a) minority woman-owned small business, specializes in managed cybersecurity, data modernization, AI/ML, and predictive analytics solutions and services. Their partnership with Paperclip and Flying Cloud strengthens the capabilities of the Zero Trust Data Safe platform.
The launch of Zero Trust Data Safe marks a significant milestone in data security, offering organizations a comprehensive solution to protect their sensitive data. By combining data discovery, classification, and searchable encryption, Paperclip Inc. is transforming data security practices and helping organizations avoid the high costs associated with data breaches.