At TripleBlind, we offer digital privacy as a service. Our suite of tools enables companies to safely provide and consume extremely sensitive data and algorithms in encrypted space, in the most private and secure setting that has ever existed.
THE CHALLENGE TODAY
Today, collaborating with sensitive data means it must be decrypted, making personal data vulnerable.
To share or monetize data, you must allow it to be decrypted. It’s the only way the other party can perform operations on the data.
WHAT THIS MEANS:
Intended and unintended data abuses
Privacy violations and regulatory compliance hassles
Lengthy contract negotiations
Bank encrypts and sends data to Fintech Partner.
Fintech Partner receives encrypted data.
Fintech Partner decrypts data for use.
Stray data is potentially left behind, vulnerable to abuse.
PROBLEMS ASSOCIATED WITH DECRYPTION FOR THE FINANCIAL DATA ECONOMY:
Receiver must meet compliance requirements
Stray data is risky to both parties, abuse potential
Long contracts and complicated negotiations
Receivers require costly IT security infrastructure
TRIPLEBLIND ELIMINATES DECRYPTION
Remove risk and liability without restricting utility.
TripleBlind encrypts (and never decrypts) data, allowing only approved operations to be executed. Data and Algorithms are never decrypted.
OUR VIRTUAL CLEAN ROOM ENSURES:
Permissions are Enforced
Auditability is Maintained
Ephemeral, New Clean Room every time
Data from The Bank is:
• Accessible only from the Clean Room
No raw data leaves the Bank.
TripleBlind Clean Room
Partner never has or sees any raw data ever.
No Stray Data from past usage
BY ELIMINATING DECRYPTION, TRIPLEBLIND ENABLES:
Safer service offerings
No stray data left behind
Lower liability and reduction of IT costs
Fine grain control of 3rd party usage
No loss of accuracy or utility in the data
A REAL WORLD SOLUTION
Providing data is a high risk proposition for banks, even in high value scenarios.
TripleBlind reduces the risks on both sides – banks and financial institutions never provide raw data and partners are unaffected. Partners can perform all operations they ordinarily would without the risks of working with raw data.