CIO Bulletin

Skyflow – Solving the World’s Ever-Growing Data Privacy Problem by Delivering Data Privacy Vaults

Data privacy is of greater importance in a world with ever-growing mountains of big data. During the earlier times, the consumers used to share their personal information or data via the offline platform where the chances of data privacy risks were minimal, however, with the growing technology, the consumers in this digital age share their vital information on the online platform, be it on social media sites, E-commerce sites and other Apps to perform certain kind of actions. In this age of digital economy, true company value lies in the collected customer data which is an asset, worthy of being protected. The importance of data protection increases as the amount of data created and stored continues to grow at an unprecedented rate. Any information stored digitally needs to be properly protected right from financial information and payment details to contact information. Data protection is not only a legal necessity but crucial for protecting and maintaining the business also.

Skyflow is a data privacy vault, delivered as a simple and elegant API. The company's founders wanted to radically transform how businesses handle their users’ financial, healthcare and other personal data — the data that powers the digital economy. Inspired by the data vaults that leaders like Apple and Netflix built to handle customer data, their vision was to deliver the same kind of data privacy vault as a simple and elegant API, something any developer could easily build into their application, the same way they use Stripe, Twilio, or Okta.

Leveraging Best-in-Class Data Privacy Solutions for Organizations

PII Data Privacy Vault: Fast to implement, endlessly customizable, and ready to help you solve the biggest data privacy challenges. Handle customer data with the care and sensitivity your customers demand, and make data privacy a differentiator. Protect customer data using multiple encryption and tokenization techniques for optimal security, and use access control and masking rules to maximize customer data privacy. Get up and running and achieve full compliance — PCI, GDPR, CCPA, and more — in days, not weeks. Rest easy, your PII data is in a zero trust data privacy vault — the same approach used by Apple and Netflix. Skip the pricey point solutions and go with a cost-effective data privacy vault delivered as an API. Skyflow is expressly designed for PII data, and for PII workflows, with powerful features that allow you to safely use, share, or analyze data without ever decrypting or compromising privacy. Their unique approach to data security utilizes multiple encryption and tokenization techniques that ensure optimal security, fast performance, and high levels of safe data usability. Skyflow can put your vaults anywhere in the world, while giving you total control over data residency and data access, so you can quickly and easily meet any residency requirement.

Fintech Data Privacy Vault: Achieve compliance with a simple integration that removes all PCI & PII data from your environment. Integrate with third-party services, run workflows, and more without storing any sensitive data. Replace pricey point solutions with a cost-effective data privacy vault designed for fintech use cases. It is fast to implement, endlessly customizable, and ready to help you take on your use cases without taking on sensitive data. Skyflow was designed to give developers the out-of-the-box functionality they need to quickly get started and the flexibility to endlessly customize. Skyflow’s client-side SDKs for iOS, Android, and JavaScript enable developers to securely collect and tokenize data, speeding development from front end to back end. Skyflow looked at the most common fintech use cases and made them part of the Fintech Data Privacy Vault. You get access to pre-built integrations with third-party service providers such as Alloy, Experian, and Visa, plus an easy way to build integrations of your own. Pre-built data schemas are ready for common fintech data types, but customizable for your needs. Use their unified APIs to make secure calls from within Skyflow to partners to retrieve credit data, run KYC checks, issue cards, and process payments. Your systems never see sensitive data. Create RBAC, ABAC, and/or PBAC policies to define how your sensitive data is accessed and used. Every action is logged and auditable. With your PCI data stored in Skyflow, you can optimize payment processing across multiple processors instead of being “locked-in” with a single payment processor.

Healthcare Data Privacy Vault: With Skyflow’s Healthcare Vault, your sensitive PHI and PII data is kept isolated, encrypted, and fully secure, but remains usable in your workflows and data sharing. Data tokenization, masking, and redaction functions are built-in. Handle patient data with the care and sensitivity your patients demand, and make data privacy a differentiator. Protect customer data using multiple encryption and tokenization techniques for optimal security, and use access control and masking rules to maximize customer data privacy. Skyflow is expressly designed for PHI data, and for PHI workflows, with powerful features that allow you to safely use, share, or analyze data without ever decrypting or compromising privacy. Skyflow can put your vaults anywhere in the world, while giving you total control over data residency and data access, so you can quickly and easily meet any residency requirement.

Proven HIPAA Compliance: Achieving and maintaining HIPAA compliance shouldn't require painkillers. Skyflow gives you the power to centrally manage and isolate protected electronic health information (ePHI or simply, PHI) in a Data Privacy Vault, making it quick and easy to satisfy HIPAA’s privacy and security requirements. With Skyflow, whether you’re improving patient outcomes physically or virtually, preserving patient privacy and trust just got simpler. Using a Data Privacy Vault is the first step to true data privacy. Satisfy HIPAA requirements by governing where, how, and who can access patients’ PHI. Layering this complexity atop requirements like GDPR is a big challenge, even for the largest global companies. Fortunately, managing this complexity is easy when you use Skyflow’s powerful but intuitive policy expression language to create RBAC, ABAC, and PBAC policies that control how sensitive data is accessed and used.

Meet the Leader

Anshu Sharma is the co-founder and Chief Executive Officer of Skyflow. A serial entrepreneur and startup investor, he co-founded two startups in security and healthcare AI. Previously, Anshu served as vice president of product and strategy at Salesforce leading identity, security and user data management. As an angel investor and venture capitalist, he has invested in over 50 startups including leading startups like Nutanix, Algolia, Workato, Tekion, and RazorPay.