The ICO has launched new PETs guidance, which is aimed at data protection officers; and others who more technically are using large personal data sets in finance, healthcare, research, and central and local government.
Dr. Ellison Anne Williams, CEO of Enveil, said: “The need to securely and privately leverage data is by no means a passing trend. With an increasing number of global regulations designed to ensure companies protect sensitive information, the ability to use data securely and privately across silos has become imperative for businesses operating in a global digital economy. This, combined with the growing trend toward hyper-localization, has created a need to reshape the way we leverage data.
“Privacy Enhancing Technologies (PETs) are an increasingly prominent focal point for a broad range of organizations and governments around the world. By securing the usage of data, PETs enable, enhance, and preserve the privacy of data throughout its lifecycle. The category is transformative because of its collective ability to unlock data value by overcoming silos and boundaries, enabling organizations to make more effective, data-driven decisions.
“Whether led by market demand or regulation, organizations must be ready to operate at a global scale in a world that prioritizes data protection and privacy – PETs uniquely deliver solutions to this challenge.”
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