Periodic Reporting for period 1 - Be12 (A cyphered cloud based DataBank for the corporate sector)
Periodo di rendicontazione: 2018-08-01 al 2019-01-31
As we have adopted these digital practices, we have grown an infrastructure where companies provide services online facilitating our lives. These services deal with information which we, as clients, willingly share.
We trust these companies and institutions to deal with this information accordingly, storing and protecting the data with care so it does not to fall into unwanted hands.
Privacy and security is perhaps something which has often been taken for granted. Perhaps we also expect the mutual respect of these fundamental rights as something basic and human.
The problem is that data and communications are being intercepted and stored without our consent or knowledge. Data security and privacy are being violated on a daily-basis. Massive customer data breaches have become common in recent years. For cyber-criminals around the world, data continues to represent a treasure trove of opportunities for financial gain.
Data is power in the digital economy. Due to this, multi-national corporations have made farming data from monitoring everything we do – what we buy, who we talk to, where we take vacation – a core business strategy.
Data breaches may facilitate abuse by third parties, leading to cyber-threats. This not only affects users, but also business'. The impact of a security breach can result into devastating costs.
Theft of corporate information, financial information (e.g. bank details or payment card details) or loss of business or contacts translates to revenue losses and also incurs costs associated with repairing affected systems, networks and devices.
Our objective is to develop a secure cloud platform for companies to be able to comply, store and safeguard their data and communications. Utilizing state-of-the-art ciphering algorithms, which have been proven to be superior to traditional ones, and taking the approach of “privacy by design” we look to enhance and empower the corporate sector with tools to have complete ownership, control and protection over their data and communications. We aim to instil security and privacy in the tools and workflow within and between companies. Business’ which deal with sensitive information must be equipped with adequate systems to keep the data they work with safe and respect the privacy of the data which they manage.
Be12 has also developed a 2-factor-authentication mobile app, an extra layer of security to the platform, and a desktop application prototype which acts as a virtual hard drive on the client’s local machine synchronized with their data in Be12.
In the aspects of dissemination, we have primarily been in touch with our strategic partners, attending relevant events around the country and being in touch with interested parties and institutions. With the development team working in Spain, it was seen preferable to have contacts within a reasonable reach and to be able to attend these contacts for any support needed. Currently we are collaborating with university La Salle, government institution of Barcelona (DIBA) and other partners within the security sectors. We have also performed security audits for several clients and elaborated coursework material for educational purposes. These events have allowed us to get in touch with the different sectors and introduce ourselves and present the solution and services we provide.
Having recently launched, we are gradually gaining traction with as to date 20,000 GB purchased, 878 Users registered and 37 companies signed up. Our expectations are to activate in the near future key partners which will accelerate us, however this will proceed once we have achieved MVP of the desktop application. We intent to build up a marketing team to impulse Be12, catalysing with public relations events and campaigns.