What are the PII compliance obligations?
Ultimately, PII is a legal term, not a technical term. When dealing with PII, legal council should be sought to determine the State or Federal laws or industry regulations associated with the datasets being accepted, stored, and transmitted. Ultimately, regardless of the specific law or regulation, PII data should be tightly controlled, protected, and auditable. Defining and adhering to a documented security control baseline helps ensure proper protection of PII data.
Beyond securing the data, an organization must also consider the incident or breach reporting requirements specific to PII exposure. Depending on the data set type and legal course of disclosure, additional reporting requirements may be necessary based on where the data is being stored and how it is being transmitted.
Benefits of PII Tokenization
- The Tokenization process is no different than PCI
- Low Overhead- The More You PII you Store, your per record cost decreases
- Fully Customized PII Tokenization Schedule
- Fully Customized Tokenization Schemes to match the data type you want to secure
- Keep certain portions of tokenized PII for Big Data analytics
- Use Secured Data for never before seen insight into customer behavior, internal environment behavior, establish trends, stay ahead with business intelligence
- Use a phased tokenization approach with different PII datasets
- Secure Your Rewards programs, so you never expose valuable customer data
How TokenEx secures PII
TokenEx helps organizations secure PII by offering a controlled, auditable method of securely storing and interacting with sensitive information. In many cases, organizations need not transact directly with PII, but instead can interact with a token that represents the PII. The actual sensitive data is stored in a TokenEx Secure Cloud Data Vault, enabling organizations to minimize the scope and risk associated with handling PII.
Examples of PII Tokenization
With TokenEx’s unique tokenization processes, any data type can be vaulted and tokenized. This flexibility gives organizations the ability to secure sensitive data such as Social Security Numbers that would otherwise be stored in a database, as well as electronic forms in a document management system that contain sensitive personal information.
PII Tokenization Schemes
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