Tokenization can replace sensitive personally identifiable information (PII) such as credit card account numbers with non-sensitive and random string of characters, known as a ‘Token’. A token has no meaningful value if breached and therefore, can be handled and used by applications without violating privacy regulations.
The Fortanix Tokenization solution substitutes tokens for sensitive data using REST APIs to achieve privacy compliance. This helps eliminate the link to sensitive data and protect against data breaches and avoid regulatory penalties from data privacy regulations such as General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA). Tokenization can also prevent insiders from accidentally or intentionally exposing customer data.