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A cyphered cloud based DataBank for the corporate sector

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 (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

BE12 AG
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
HABSBURGERSTRASSE12
6003 LUZERN
Switzerland

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Schweiz/Suisse/Svizzera Zentralschweiz Luzern
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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