Paperclip Inc (OTCMKTS:PCPJ) announced the integration of its SAFE® encryption technology with Apis Productions’ new insurance technology application, Opportunity Scout. The partnership focuses on ensuring consumer data remains encrypted throughout all transactions. Opportunity Scout aims to revolutionize how life insurance distributors connect with potential clients. The integration addresses growing cybersecurity concerns, with global cybercrime costs expected to exceed $10.5 trillion by 2025. This collaboration comes ahead of new regulations like the EU’s Digital Operational Resilience Act (DORA), effective January 17, 2025. The official announcement will be made at the NAILBA 43 Annual Meeting.
Paperclip Inc (OTCMKTS:PCPJ) ha annunciato l’integrazione della sua tecnologia di crittografia SAFE® con la nuova applicazione tecnologica assicurativa di Apis Productions, Opportunity Scout. Questa partnership si concentra sull’assicurare che i dati dei consumatori rimangano crittografati durante tutte le transazioni. Opportunity Scout mira a rivoluzionare il modo in cui i distributori di assicurazioni sulla vita si connettono con potenziali clienti. L’integrazione affronta le crescenti preoccupazioni relative alla sicurezza informatica, con i costi del crimine informatico a livello globale che si prevede supereranno i $10,5 trilioni entro il 2025. Questa collaborazione arriva in anticipo rispetto a nuove normative come il Digital Operational Resilience Act (DORA) dell’UE, che entrerà in vigore il 17 gennaio 2025. L’annuncio ufficiale sarà fatto durante il NAILBA 43 Annual Meeting.
Paperclip Inc (OTCMKTS:PCPJ) anunció la integración de su tecnología de cifrado SAFE® con la nueva aplicación de tecnología de seguros de Apis Productions, Opportunity Scout. La colaboración se centra en garantizar que los datos de los consumidores permanezcan cifrados durante todas las transacciones. Opportunity Scout tiene como objetivo revolucionar la forma en que los distribuidores de seguros de vida se conectan con clientes potenciales. La integración responde a las crecientes preocupaciones de ciberseguridad, con costos de ciberdelito globales que se espera superen los $10.5 billones para 2025. Esta colaboración se produce antes de nuevas regulaciones como la Ley de Resiliencia Operacional Digital (DORA) de la UE, que entrará en vigor el 17 de enero de 2025. El anuncio oficial se realizará en la reunión anual NAILBA 43.
Paperclip Inc (OTCMKTS:PCPJ)는 Apis Productions의 새로운 보험 기술 애플리케이션인 Opportunity Scout와 함께 자사의 SAFE® 암호화 기술 통합을 발표했습니다. 이 파트너십은 모든 거래에서 소비자 데이터가 암호화된 상태로 유지되도록 하는 데 중점을 두고 있습니다. Opportunity Scout는 생명 보험 배급업체가 잠재 고객과 연결되는 방식을 혁신하는 것을 목표로 합니다. 이 통합은 사이버 보안에 대한 우려가 커지고 있는 가운데 이루어졌으며, 전 세계의 사이버 범죄 비용이 2025년까지 $10.5조에 이를 것으로 예상됩니다. 이 협력은 2025년 1월 17일부터 시행되는 EU 디지털 운영 복원력 법(DORA)과 같은 새로운 규정 이전에 이루어진 것입니다. 공식 발표는 NAILBA 43 연례 회의에서 이루어질 예정입니다.
Paperclip Inc (OTCMKTS:PCPJ) a annoncé l’intégration de sa technologie de cryptage SAFE® avec la nouvelle application technologique d’assurance de Apis Productions, Opportunity Scout. Ce partenariat vise à garantir que les données des consommateurs restent cryptées pendant toutes les transactions. Opportunity Scout vise à révolutionner la manière dont les distributeurs d’assurance vie se connectent avec des clients potentiels. L’intégration répond aux préoccupations croissantes en matière de cybersécurité, les coûts de la cybercriminalité au niveau mondial devant dépasser 10,5 billions de dollars d’ici 2025. Cette collaboration intervient avant l’entrée en vigueur de nouvelles réglementations comme la loi sur la résilience opérationnelle numérique (DORA) de l’UE, effective le 17 janvier 2025. L’annonce officielle sera faite lors de la réunion annuelle NAILBA 43.
Paperclip Inc (OTCMKTS:PCPJ) hat die Integration seiner SAFE®-Verschlüsselungstechnologie mit der neuen Versicherungstechnologieanwendung von Apis Productions, Opportunity Scout, bekannt gegeben. Die Partnerschaft konzentriert sich darauf, dass die Kundendaten während aller Transaktionen verschlüsselt bleiben. Opportunity Scout zielt darauf ab, die Art und Weise, wie Lebensversicherungsvermittler mit potenziellen Kunden in Kontakt treten, zu revolutionieren. Die Integration geht auf zunehmende Bedenken hinsichtlich der Cybersicherheit ein, da die globalen Kosten für Cyberkriminalität voraussichtlich bis 2025 10,5 Billionen Dollar überschreiten werden. Diese Zusammenarbeit erfolgt im Vorfeld neuer Vorschriften wie dem Digital Operational Resilience Act (DORA) der EU, der am 17. Januar 2025 in Kraft tritt. Die offizielle Bekanntgabe erfolgt auf der NAILBA 43 Jahrestagung.
Positive
- Integration with Apis Productions expands market reach in insurance technology sector
- SAFE technology provides competitive advantage in data security compliance
- Strategic positioning ahead of new EU regulations (DORA)
This integration changes the way private data is secured with innovative encryption of data in use
HACKENSACK, N.J., Nov. 18, 2024 (GLOBE NEWSWIRE) — Paperclip, Inc. (OTCMKTS:PCPJ) announced the integration of Paperclip’s SAFE® encryption of data in use technology within Apis Productions’ newly announced innovative insurance technology application called Opportunity Scout. Working with Paperclip, Apis will assure that any private consumer data is always encrypted throughout the transactional lifecycle.
“We chose Paperclip’s SAFE as our data encryption technology partner to meet the expectations of the consumers and insurance distributors we serve,” said Peri Lane, CEO and Founder of Apis Productions. “SAFE is the only solution we found that can integrate seamlessly so there is no impact on the end user experience. More importantly, SAFE removes any personally identifiable information (PII) from exposure to ransomware attacks and data theft.”
Like Paperclip, Apis Productions has earned a reputation for groundbreaking solutions. Apis synthesizes advanced technologies and peerless creative acumen through their multidisciplinary team, delivering secure business growth solutions enhanced by distinctive design and compelling content.
Their latest innovation, Opportunity Scout, revolutionizes how life insurance distributors harness consumer interest, seamlessly matching potential clients with premium insurance offerings. Through close collaboration with each customer, Apis crafts a bespoke, branded platform that showcases their unique insurance portfolio.
To secure consumer privacy, Apis has integrated Paperclip’s game changing SAFE encryption of data in use technology. This integration assures that all consumer private data is always encrypted, even when that data is in use.
“We have had the privilege of working with Apis Productions for many years,” said Suzy Tuck, Senior Vice President of Sales at Paperclip Inc. “This integration is another example of two technology companies integrating to provide next-level products and data security to the Insurtech community.”
Protecting consumer privacy has become paramount to every online transaction. Cybercrime is a global pandemic which is expected to cost the world over
“Core integrations at the application layer like the work we’re doing with Apis Productions, are the first step in regaining control of private data.” said William Weiss, CEO of Paperclip Inc. “We must collaborate to secure private data and knock cybercrime out of the headlines.”
The official announcement of the Apis Productions and Paperclip integration will be made at the NAILBA 43 Annual Meeting at the Gaylord National Harbor, Nov. 18-20, 2024. Peri Lane from Apis Productions and Suzy Tuck from Paperclip will be in attendance to highlight the value of strategic integration and take questions from attendees. The Paperclip team can be found at Booth 303 and featured at the panel Innovate & Elevate: Digital Solutions for all of Insurance Distribution on Wednesday at 9:15 in the Woodrow Wilson Ballroom.
About Paperclip Inc.
With over three decades of customer-centric innovation, Paperclip is a proven strategic partner that continues to revolutionize data security, 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® searchable 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 encrypted and removed from risk of data theft and ransom. Originally developed as an internal solution, Paperclip has operationalized SAFE for more than three 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.
About Apis Productions
Apis Productions has been an industry leader in innovative web design and software development for the insurance industry for the past 2 decades. With hundreds of happy clients from BGAs and IMOs to Carriers and Wealth Management firms, Apis Productions has moved the needle in the industry with their products, design, marketing, and consultative services.
About Opportunity Scout
Opportunity Scout, the latest technology offering from Apis Productions is a lead generation and management suite with robust reporting and processing capabilities. It allows agents and agencies to market directly to consumers and provides a comprehensive approach to life insurance sales. Opportunity Scout is supported by an end-to-end marketing library to help drive interest in life insurance and expand the market reach for its users.
CONTACT
Megan Brandow, Director of Marketing
Paperclip, Inc.
(585) 727-0983
mbrandow@paperclip.com
FAQ
What is Paperclip’s SAFE technology integration with Apis Productions?
Paperclip’s SAFE technology is being integrated into Apis Productions’ Opportunity Scout application to provide continuous encryption of consumer data throughout all transactions, protecting against ransomware attacks and data theft.
When will Paperclip (PCPJ) announce the Apis Productions partnership officially?
The official announcement will be made at the NAILBA 43 Annual Meeting at the Gaylord National Harbor, November 18-20, 2024.
How does Paperclip’s partnership with Apis Productions address cybersecurity?
The partnership implements encryption of data in use technology, protecting consumer privacy and addressing the growing cybercrime threat, which is expected to cost over $10.5 trillion by 2025.
What is the significance of DORA for Paperclip’s (PCPJ) business strategy?
The European Union’s Digital Operational Resilience Act (DORA), effective January 17, 2025, emphasizes encryption of data in use, aligning with Paperclip’s SAFE technology offering.
