In 2023, an estimated five quintillion bytes of data will be created daily. While this data revolution is exciting, it also raises questions about data privacy. In response to that challenge, more regions, localities, and countries will implement additional data privacy laws in the coming years to ensure the safety of individuals’ data.
Imagine doing business in a bubble. You are an international company only allowed to make decisions using data collected within your country and by your business unit (BU). You also cannot share data with subsidiaries or third parties. It would be challenging to conduct day-to-day business, let alone innovate and grow. Fortunately, this isn’t the state of business today. Organizations transfer trillions of data points across borders daily.
The results are in, and Protegrity has officially been named the “Data Security Solution of the Year” by the 2021 Data Breakthrough Awards. Data Breakthrough is an independent market intelligence organization that recognizes the top companies, technologies, and products in the global data technology market today.
As the name implies, dynamic data masking actually masks data. Just as protective masks have obscured people’s smiles (and frowns) during the pandemic, this data-protection method covers sensitive data. People who shouldn’t see the data won’t see it.
Tokenization hides data. Sometimes data must be hidden in order to satisfy compliance requirements and customers’ expectations for data privacy. A form of data protection, tokenization conceals sensitive data elements so should an organization’s data be breached, the visible tokenized data—essentially a replacement for the valuable data—means nothing.A hacker will only see characters that are meaningless.
