Achieve Regulatory Compliance
Customers and employees have a right and growing desire to maintain their privacy. Even well-intentioned businesses struggle with the myriad of regulations currently enacted and those soon to come both at home and abroad. Those that build trust with their consumers will be rewarded with their loyalty. They will have greater opportunities to deepen customer relationships through shared trust. Businesses that want to foster those types of relationships turn to us. Protegrity has been providing our clients with the data security and privacy they need to service their customers for nearly two decades.
Protecting Sensitive Data
Sensitive Data is an umbrella term for information requiring strict protection including PII, PHI, PCI, and IP. Pseudonymization, anonymization, and synthetic data are Privacy Enhancing Technologies (PETs) that enforce Zero Trust Principles on data. Businesses using PETs directly safeguard sensitive data while maintaining high data utility. By enabling data users, analysts, and scientists to use sensitive data without identifying people contained within it, businesses widen the aperture to accelerate insights, enhance customer experiences, and increase competitive advantage.
Industry Compliance
Additional data privacy and security regulations, such as those imposed on financial institutions and data, increase the burden of compliance. PCI-DSS and Nacha enforce similar restrictions on the data life cycle. Your data protection methods must secure PII and financial information. You need scalable data protection solutions, including:
- Sensitive data discovery
- Hybrid and cloud migration data protection
- Marketplace partnerships
to secure sensitive information while maintaining data usability. Utilizing these solutions ensures your security standards meet industry and audit requirements and preserve your organization’s reputation.
Personally Identifiable Information (PII) refers to data that can identify or locate an individual, either alone or when combined with other information. This includes names, addresses, phone numbers, email addresses, Social Security numbers, and more. Safeguarding PII is crucial to protect privacy, prevent identity theft, and comply with regulations.
Protected Health Information (PHI) is a subset of PII that specifically pertains to an individual’s physical or mental health, healthcare services, or payment information. This can include diagnoses, medical histories, insurance details, and more. Ensuring PHI privacy and security is vital under laws like HIPAA to safeguard patients’ sensitive data.
Payment Card Industry (PCI) data refers to sensitive information associated with credit and debit card transactions. This includes cardholder names, account numbers, expiration dates, and security codes. Organizations handling such data must adhere to the Payment Card Industry Data Security Standard (PCI DSS) to ensure secure processing, storage, and transmission to prevent fraud.
Protecting Intellectual Property (IP) presents unique challenges, including identifying valuable IP assets, preventing internal and external threats, and safeguarding IP in global markets. Organizations must navigate complex legal frameworks, employ robust cybersecurity measures, and foster a culture of IP protection. Successfully securing IP offers value by preserving competitive advantage, fostering innovation, attracting investments, and promoting a company’s reputation for safeguarding proprietary knowledge and creative works.
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Contact us to learn how Protegrity’s fine-grained data protection solutions can enable your data security, sharing, and analytics. Schedule a call today!
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