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Encryption-In-Use Technology Would Have Neutralized the Allianz Life Insurance Breach

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Paperclip Inc. (NYSE:PCPJ) has highlighted how its SAFE encryption-in-use technology could have prevented the recent Allianz Life Insurance data breach that affected over 1.4 million U.S. customers. The breach, reported on July 16, 2025, occurred through a social engineering attack on a third-party CRM system, likely Salesforce, exposing sensitive customer data including PII.

Paperclip SAFE's technology keeps data encrypted even while being processed, utilizing shredded data and strong encryption architecture. The solution is currently used by nine of the top ten U.S. life insurance providers and offers protection against vendor compromise, social engineering, and supply-chain risks. The technology aligns with global regulatory frameworks including GDPR, NYDFS 500, DORA, and upcoming NIST post-quantum cryptography standards.

Paperclip Inc. (NYSE:PCPJ) ha sottolineato come la sua tecnologia SAFE di crittografia in uso avrebbe potuto prevenire la recente violazione dei dati di Allianz Life Insurance, che ha coinvolto oltre 1,4 milioni di clienti statunitensi. La violazione, riportata il 16 luglio 2025, è avvenuta tramite un attacco di social engineering a un sistema CRM di terze parti, probabilmente Salesforce, esponendo dati sensibili dei clienti, inclusi dati personali identificabili (PII).

La tecnologia SAFE di Paperclip mantiene i dati criptati anche durante l'elaborazione, utilizzando dati frammentati e una solida architettura crittografica. La soluzione è attualmente impiegata da nove dei dieci principali fornitori di assicurazioni sulla vita negli Stati Uniti e offre protezione contro compromissioni di fornitori, attacchi di social engineering e rischi della catena di approvvigionamento. La tecnologia è conforme ai quadri normativi globali, inclusi GDPR, NYDFS 500, DORA e i prossimi standard NIST per la crittografia post-quantistica.

Paperclip Inc. (NYSE:PCPJ) ha destacado cómo su tecnología SAFE de cifrado en uso podría haber prevenido la reciente brecha de datos en Allianz Life Insurance que afectó a más de 1,4 millones de clientes en EE. UU.. La brecha, reportada el 16 de julio de 2025, ocurrió mediante un ataque de ingeniería social a un sistema CRM de terceros, probablemente Salesforce, exponiendo datos sensibles de clientes, incluyendo información personal identificable (PII).

La tecnología SAFE de Paperclip mantiene los datos cifrados incluso durante su procesamiento, utilizando datos fragmentados y una arquitectura de cifrado robusta. La solución es usada actualmente por nueve de los diez principales proveedores de seguros de vida en EE. UU. y ofrece protección contra compromisos de proveedores, ingeniería social y riesgos en la cadena de suministro. La tecnología cumple con marcos regulatorios globales como GDPR, NYDFS 500, DORA y los próximos estándares NIST de criptografía post-cuántica.

Paperclip Inc. (NYSE:PCPJ)� 최근 Allianz Life Insurance� 데이� 유출 사고� 예방� � 있었� 자사� SAFE 사용 � 암호� 기술� 강조했습니다. � 사고� 2025� 7� 16일에 보고되었으며, 아마� Salesforce� �3� CRM 시스템에 대� 사회 공학 공격� 통해 발생하여 140� � 이상� 미국 고객� 민감� 개인정보(PII)� 노출시켰습니�.

Paperclip SAFE 기술은 데이터를 처리하는 동안에도 암호화를 유지하며, 분할 데이터와 강력� 암호� 아키텍처� 활용합니�. � 솔루션은 현재 미국 상위 10대 생명보험� � 9�에서 사용 중이�, 공급업체 침해, 사회 공학 � 공급� 위험으로부� 보호� 제공합니�. � 기술은 GDPR, NYDFS 500, DORA � 다가오는 NIST 양자 이후 암호� 표준� 포함� 글로벌 규제 프레임워크와� 부합합니다.

Paperclip Inc. (NYSE:PCPJ) a souligné comment sa technologie SAFE de chiffrement en cours d'utilisation aurait pu empêcher la récente fuite de données chez Allianz Life Insurance, qui a affecté plus de 1,4 million de clients américains. La fuite, rapportée le 16 juillet 2025, s'est produite suite à une attaque d'ingénierie sociale sur un système CRM tiers, probablement Salesforce, exposant des données sensibles des clients, y compris des informations personnelles identifiables (PII).

La technologie SAFE de Paperclip maintient les données chiffrées même pendant leur traitement, en utilisant des données fragmentées et une architecture de chiffrement robuste. La solution est actuellement utilisée par neuf des dix principaux assureurs vie américains et offre une protection contre les compromissions de fournisseurs, l'ingénierie sociale et les risques liés à la chaîne d'approvisionnement. Cette technologie est conforme aux cadres réglementaires mondiaux tels que le RGPD, le NYDFS 500, le DORA et les futures normes NIST de cryptographie post-quantique.

Paperclip Inc. (NYSE:PCPJ) hat hervorgehoben, wie seine SAFE-Verschlüsselungstechnologie während der Nutzung den jüngsten Datenverstoß bei Allianz Life Insurance hätte verhindern können, der über 1,4 Millionen US-Kunden betraf. Der Verstoß, der am 16. Juli 2025 gemeldet wurde, erfolgte durch einen Social-Engineering-Angriff auf ein CRM-System eines Drittanbieters, wahrscheinlich Salesforce, wodurch sensible Kundendaten einschließlich personenbezogener Daten (PII) offengelegt wurden.

Die SAFE-Technologie von Paperclip hält Daten auch während der Verarbeitung verschlüsselt, indem sie zersplitterte Daten und eine starke Verschlüsselungsarchitektur nutzt. Die Lösung wird derzeit von neun der zehn größten US-Lebensversicherer eingesetzt und bietet Schutz vor Kompromittierungen durch Anbieter, Social Engineering und Risiken in der Lieferkette. Die Technologie entspricht globalen regulatorischen Rahmenwerken wie GDPR, NYDFS 500, DORA und den kommenden NIST-Standards für post-quantum Kryptographie.

Positive
  • SAFE technology is deployed by 9 of the top 10 U.S. life insurance providers
  • Technology offers post-quantum resistant encryption capabilities
  • Solution complies with major regulatory frameworks including GDPR and NYDFS 500
  • Machine Learning surveillance capability can prevent mass data exports
Negative
  • No specific performance metrics or case studies provided
  • No financial data or pricing information disclosed

HACKENSACK, N.J., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Paperclip Inc., a leader in advanced data security and content supply-chain solutions, today confirmed that encryption-in-use technology could have prevented the exposure of sensitive customer data in the recent Allianz Life Insurance data breach, which impacted over 1.4 million U.S. customers.

Allianz Breach Context: What Happened
On July 16, 2025, Allianz Life Insurance reported a massive data compromise following a social engineering attack that targeted a third-party cloud-based customer relationship management (CRM) system. Attackers were able to extract personally identifiable information (PII), including names, addresses, dates of birth, Social Security numbers, and policy identifiers, putting millions at risk for identity theft and fraud.

Although Allianz Life Insurance has not publicly disclosed the specific name of the CRM platform affected, multiple sources including Google’s Threat Intelligence Group (GTIG), Mandiant, and BleepingComputer suggest that Salesforce was likely the targeted system. The breach involved:

  • Voice phishing (vishing) attacks manipulating employees into granting access to Salesforce Data Loader.
  • Threat actor UNC6040 (aka “The Com,� linked to Scattered Spider) targeting Salesforce customers.
  • ShinyHunters launching similar campaigns against Salesforce CRM users.
  • Court documents referencing attacks on “Accounts� and “Contacts� tables, common Salesforce objects.

While Allianz has not officially confirmed the affected CRM, the convergence of threat actor activity, techniques, and technical evidence strongly supports the Salesforce conclusion made by the sources named above.

How Paperclip SAFE Would Have Protected Allianz’s Data
Unlike traditional encryption that only secures data at rest and in transit, Paperclip SAFE® encryption-in-use technology keeps data always encrypted, even while being processed or searched. Its unique combination of shredded data, and strong encryption architecture ensures sensitive information remains unintelligible across every phase of its lifecycle.

Key protections SAFE would have provided:

  • Against Vendor Compromise: Attackers would have accessed only encrypted, shredded fragments rather than usable plaintext.
  • Against Social Engineering: Even with legitimate credentials, any data exports would have remained encrypted and useless.
  • Against Supply-Chain Risk: SAFE’s zero-trust design protects data across vendor ecosystems, ensuring third-party environments cannot expose sensitive information.

“The Allianz breach underscores a critical flaw in today’s data security stack—once attackers gain access, they often gain everything,� said Mike Bridges, President & COO of Paperclip Inc. “We can confidently state that Paperclip SAFE’s Machine Learning surveillance would have shut down the export after the first thousand records, preventing much of the damage done by this type of breach.�

Encryption-In-Use: A New Standard for Data Protection
Encryption-in-Use is the ability to perform calculations upon encrypted data while the data remains encrypted. Active, operational data-in-use is the most valuable data an organization relies upon. As demonstrated by the Allianz breach, in-use data remains the primary target for threat-actors globally.

Paperclip SAFE is designed to exceed compliance mandates and align with global regulatory frameworks, including GDPR, NYDFS 500, DORA, and the upcoming NIST post-quantum cryptography standards. Currently deployed by nine of the top ten U.S. life insurance providers, SAFE is rapidly becoming the industry standard for securing sensitive data across financial services, healthcare, and government sectors.

Key Benefits of Paperclip SAFE

  • Always Encrypted � Data remains encrypted at rest, in transit, and in use.
  • Zero Trust by Design � Compartmentalized architecture limits exposure even in vendor environments.
  • Seamless Integration � Works within existing systems without requiring application redesign.
  • Regulatory Alignment � Built to meet and exceed current and future compliance requirements.
  • Post-Quantum Resistant � Crypto-Agile-by-Design (CAbD) creating an environment meeting both today’s and tomorrow’s threat evolution.

About Paperclip Inc.
Paperclip is a software technology partner that creates data security and operational efficiencies for some of the largest globally recognized brands worldwide.

Paperclip provides enterprises with the most efficient means of secure document capture, processing, and storage of millions of documents for rapidly growing firms and Fortune 1,000 companies worldwide. Paperclip offers an expansive range of cloud based B2B and B2C solutions that eliminate paper to deliver new possibilities in efficiency, communication, and ROI, each customized to specific industry and business goals. For more information, visit .

About SAFE

Paperclip SAFE builds on the foundation of trust and collaboration that Paperclip has established with its security and content management solutions over three decades. Paperclip SAFE utilizes in-depth knowledge of the database and data pipeline to secure all points within the data lifecycle. Nine of the 10 top life insurance carriers in the U.S. are currently protected by Paperclip SAFE. With Paperclip SAFE, outpace threats with data that is always encrypted and always ahead of evolving risk. For more information, visit paperclip.com/safe.

Media Contact
Megan Brandow
Director of Marketing & Communications
Paperclip Inc.
[email protected]
www.paperclip.com

References
� AP News � Allianz Life confirms data breach affecting majority of 1.4M US customers: https://apnews.com/article/12b991a141c24d3a060642c0d173e0be?utm_source=chatgpt.com
� TechRadar � Allianz Life cyberattack gets worse as company confirms Social Security numbers stolen: https://www.techradar.com/pro/security/allianz-life-cyberattack-gets-worse-as-company-confirms-social-security-numbers-stolen?utm_source=chatgpt.com
� BleepingComputer � Allianz Life among firms targeted in Salesforce attacks: https://www.bleepingcomputer.com/news/security/shinyhunters-behind-salesforce-data-theft-attacks-at-qantas-allianz-life-and-lvmh/?utm_source=chatgpt.com
� BankInfoSecurity � Allianz Life breach tied to CRM compromise: https://www.bankinfosecurity.com/allianz-life-breach-tied-to-crm-compromise-a-29068?utm_source=chatgpt.com


FAQ

What caused the Allianz Life Insurance data breach in July 2025?

The breach occurred on July 16, 2025, through a social engineering attack targeting a third-party CRM system (likely Salesforce), exposing PII of over 1.4 million U.S. customers.

How would Paperclip SAFE have prevented the Allianz data breach?

Paperclip SAFE's encryption-in-use technology keeps data always encrypted, even during processing. Any exported data would remain encrypted and unusable, while ML surveillance would stop mass exports after the first thousand records.

Which major insurance companies use Paperclip SAFE technology?

Paperclip SAFE is currently deployed by nine of the top ten U.S. life insurance providers, making it an industry standard for securing sensitive data.

What regulatory standards does Paperclip SAFE comply with?

Paperclip SAFE aligns with global regulatory frameworks including GDPR, NYDFS 500, DORA, and upcoming NIST post-quantum cryptography standards.

What types of attacks can Paperclip SAFE protect against?

Paperclip SAFE protects against vendor compromise, social engineering attacks, and supply-chain risks through its zero-trust design and always-encrypted data architecture.
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