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.
Why is Tokenization Important?
Tokenization helps achieve higher overall security standards. Tokenization is also required to meet standards set by Payment Card Industry Council and compliance requirements like HIPAA and GDPR.
Ease of Implementation
Preserves data format and compatibility with existing applications and database schemas.
Reduce Compliance Costs
Reduces audit scope, assessment and costs by replacing sensitive values with tokens.
effectively as a data mask.