Storing and securing sensitive PII data in the cloud
Every organisation holds sensitive customer information in their hands. There are many great benefits to using the cloud to store this information, including lower operational costs and more efficient communications.
However, there is a real problem with storing such information in a public or hybrid cloud environment in a safe and secure way, which is why so many companies still remain on-premise, despite the costs and slower operations.
This ultimately inhibits business processes and makes collaborating with partners, suppliers, customers and manufacturers extremely difficult.
The Gospel Data Platform solves this problem by allowing incredibly sensitive data such as Personally Identifiable Information (PII) to be stored and shared in a cryptographically secure cloud environment while remaining in complete control.
With Gospel, customers are only allowed to view or access certain data based on context and credentials, and are collaborating on a single source of truth that’s shared amongst everyone within the network.
Any alternative to a GDPR compliant storage and sharing solution will require building a database and hours of development time. Even then, the attack surface and maintenance time required are immense.
- Customers retain control and give consent to their data being used
- Increased customer loyalty, retention and engagement
- GDPR compliance and the ‘right to be forgotten’
- No bespoke architecture or database to build, no bugs to fix, and no newspaper headlines or PR disasters to worry about
The nuts and bolts:
- DISTRIBUTED LEDGER TECHNOLOGY (DLT)
- SINGLE SOURCE OF TRUTH
- NETWORK CONSENSUS AGREEMENT
- IMMUTABLE LEDGER