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BLOG ARTICLES - View All Content Subject: What’s Your Passion? Date: Sunday, August 12, 2018 Article Content: I can recall being in elementary school during the early to mid 80's and beginning to really enjoy math. Up to that point was I can [Read More...] |
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Term Of The Day: Tokenization Tokenization is the process of replacing sensitive data with non-sensitive or anonymized data, often referred to as “tokens,” while retaining the essence of the data (for example, an account number or payment source) without compromising its security. The tokens used to replace or represent data have no value on their own, and only become meaningful when they are securely associated with the data they represent. Tokenization offers the data security required by financial institutions, payment processing firms, and other private and public institutions handling sensitive details, such as medical records, bank account information, credit card information, Social Security numbers, and many more. TYPES OF TOKENIZATION Vault tokenization: In this form of tokenization, users keep a secure tokenization vault database where sensitive data and associated non-sensitive data are securely stored. Vaultless tokenization: Instead of using a database, a more cryptographic device is used in vaultless tokenization, making it more secured and reliable than the vault approach. To convert sensitive data into non-sensitive data or generate tokens, secure cryptographic devices use standards-based algorithms. |
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