February 27, 2020

SiliconANGLE: Enveil Bets On Homomorphic Encryption To Allow Data Sharing

Keeping data encrypted and secure during use is the goal of startup company Enveil, which uses homomorphic encryption technology.

Excerpt from the article:

Encryption is a well-known solution to avoid sensitive data exposure in times of privacy and security concerns. But encryption is only generally available for data at rest and data in transit, leaving the third state of data (data in use) potentially exposed.

Keeping data encrypted and secure during use is the goal of startup company Enveil Inc., which uses homomorphic encryption technology.

“This represents a new commercial market,” said Ellison Anne Williams (pictured), founder and chief executive officer of Enveil. “We are seeing things like enabling secure data sharing and collaboration or enabling secure data monetization because of its privacy preserving and privacy enabling capability.”

Williams spoke with John Furrier, host of theCUBE, SiliconANGLE Media’s mobile livestreaming studio, during the RSA Conference in San Francisco. They discussed how homomorphic cryptography can help companies protect their data, Enveil’s experience with the financial market, and its perspective for the healthcare industry.

Read the full article.

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Enveil is a pioneering Privacy Enhancing Technology company protecting Data in Use. Enveil’s business-enabling and privacy-preserving capabilities for secure usage, collaboration, and monetization protect data while it's being used or processed – the 'holy grail' of data encryption. Defining the transformative category of Privacy Enhancing Technologies (PETs), Enveil’s homomorphic encryption-powered ZeroReveal® solutions allow organizations to securely derive insights, cross-match, search, and analyze data assets without ever revealing the contents of the search itself or compromising the security or ownership of the underlying data.
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