Skyflow: An API-based data privacy vault that makes it simple to implement privacy standards across all apps, data clouds, and LLMs

People entrust sensitive information to businesses every day in order to purchase medications, board aircraft, accrue loyalty points, receive pay, and do a host of other things. Skyflow is a straightforward and sophisticated API that serves as a data privacy vault. The Skyflow team is committed to making sure that this data is used and stored in a secure and safe manner. In order to fundamentally alter how companies manage the financial, medical, and other personal data of their customers — data that drives the digital economy — Skyflow was launched in 2019. The zero-trust data privacy vaults that major corporations like Apple and Netflix invented to safeguard, manage, and preserve the private consumer data that is essential to their operations served as an inspiration for them.

Skyflow aims to address the global issue of data privacy by offering data privacy vaults through an easy-to-use and sophisticated API, enabling optimal data privacy for all applications, systems, and workflows. With the use of their API, adding data privacy to an app is as simple as using Stripe to add payments to an app. This enables businesses to safeguard sensitive data without compromising data usability, allowing them to concentrate on their core competencies and innovate more quickly.

More recently, Fast Company named Skyflow one of its Most Innovative Companies for 2024. This yearly list of the finest in business demonstrates how businesses may positively influence both industry and culture. Four primary criteria were used to evaluate the companies: innovation, impact, timeliness, and relevancy.

Isolate, protect, and govern sensitive personal data with a data privacy vault

Centralized sensitive data repository: To provide an additional degree of security to the most important data for a business, segregate sensitive data in a Skyflow data privacy vault. When clients get requests from data subjects, they only need to gather, update, and remove sensitive customer data from one location when using a data privacy vault design.
Polymorphic encryption: Maintain the security of a customer’s data when it’s in transit, memory, and rest. Several encryption and tokenization techniques are used in Skyflow’s innovative approach to data security to deliver the best possible protection without compromising the usefulness of the data.
Automated audit logs: To demonstrate CPRA compliance, track data access and maintain a complete audit trail. Each and every activity in a vault is auditable and automatically recorded. Skyflow facilitates the auditing and exploration of data access through SQL queries, hence enabling effortless compliance monitoring.

Products at Skyflow

Skyflow is a data privacy vault firm designed to make it incredibly easy for businesses to regulate, isolate, and safeguard the most sensitive information belonging to their clients. Skyflow’s global network of data privacy vaults assists businesses in meeting difficult data localization standards. Customer segments served by Skyflow include fintech, retail, healthcare, and travel. Some of their products are mentioned below:

Fintech data privacy vault

Confidential PCI and PII data is kept separate, encrypted, and completely safe with the Skyflow Fintech data privacy vault while still being accessible for use in a workflow. Make safe calls to partners from within Skyflow to obtain credit information, do KYC checks, issue cards, and handle payments by utilizing Skyflow’s unified APIs. Sensitive data is never seen by any system. To control who has access to and uses a client’s sensitive data, create RBAC, ABAC, and/or PBAC policies. Every activity has a log that can be reviewed. Skyflow was created to provide developers with both the ability to endlessly customize and the out-of-the-box capabilities they need to get started immediately. With the help of Skyflow’s client-side SDKs for JavaScript, iOS, and Android, developers can quickly move from front-end to back-end development by safely gathering and tokenizing data.

Skyflow examined the most prevalent use cases in fintech and added them to the Fintech data privacy vault. In addition to a simple way to create their own connectors, clients gain access to pre-built integrations with third-party service providers like Alloy, Experian, and Visa. Pre-built data schemas are adaptable to their requirements and prepared for popular fintech data types.

LLM privacy vault

Businesses may detect and redact intellectual property and sensitive material through data collection, model training, fine-tuning, and inference with the aid of LLMs. Sensitive data can also be placed in a secure environment to guard against breaches, illegal access, and data leaks. With the sensitive data dictionary included in Skyflow LLM privacy vault, clients can specify and omit information that they deem sensitive.

Skyflow, accessible in more than 100 nations, assists companies in adhering to data residency regulations. In vaults situated in the area of the client's choice, sensitive data is safely segregated and managed, streamlining compliance procedures and offering a sensitive data audit trail. By automatically removing sensitive data when it’s no longer needed, data retention policies can be made simpler.

A serial entrepreneur and startup investor

Anshu Sharma is the co-founder and CEO of Skyflow.