Project description
Protecting cloud-based data with an encrypted database
IT spending on cloud solutions that promise more flexibility and scalability is steadily increasing. But how safe is cloud storage? Could corporate and personal data which are often secret and sensitive be blindly entrusted to cloud storage providers? The EU-funded Be12 project plans to deliver cryptographic software where all data, metadata and communications are ciphered end to end with state-of-the-art cryptographic systems and novel two-factor authentication systems. The project is focused on offering a system that ciphers all information using the latest cryptographic algorithms, providing higher security and greater privacy. Moreover, the system encrypts on the client’s side and hands the access key only to the user.
Objective
Digital security has always been seen as a tedious subject and often neglected. However attention must be brought to the issue since it is something that is ever so relevant in our digital-cloud world. The cloud has not yet been armed with proper safety mechanisms. Considering both corporate and personal data and communications which are often secret and sensitive in nature, one cannot blindly entrust it to any cloud storage provider. Privacy, confidentiality and control over all data and communications are criteria that user’s desire but cannot assure if their cloud-storage provider comply with.
After almost 4 years of research, product development and market analysis, Be12 is able to confirm the capability of their main disruptive security solution for the corporation sector. This market entry is aligned with GDRP enforcement in May 2018 and the raising investment in terms of prevention of data breaches and compliance with the new regulations.
Be12 brings “Be12 Swiss DataBank”, a platform where all data, metadata and communications are ciphered end-to-end with state-of-the-art cryptographic systems and novel two-factor authentication systems, guaranteeing protection of their all their information and data flows. Its unique selling point is the usage of the latest and faster encryption algorithms and its corporative privacy focus to solve the real customers’ needs.
By pursuing the present feasibility study, Be12’s management team aim to prepare the company for its international scale up and the associated operational plan needed. Within this analysis, the associated risks to be considered will ensure a proper business strategy for the following 5 years. SME Instrument phase 1 and phase 2 would be extremely beneficial in helping the company to accelerate the development and market penetration, boosting the company to grow to more than 50 employees and 21M € turnover by 2022 in accordance with the current financial projections.
Fields of science
Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1Coordinator
6003 LUZERN
Switzerland
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.