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Tokenization is a form of IT security that replaces sensitive data with non-sensitive data, known as tokens. This process helps to protect data from unauthorized access and malicious attacks. Tokenization is used to protect data such as credit card numbers, social security numbers, and other personal information. The tokenized data is stored in a secure environment, and the original data is not accessible. Tokenization is used in a variety of industries, including banking, healthcare, and retail.
Tokenization is a cost-effective way to protect data, as it does not require the purchase of additional hardware or software. It also helps to reduce the risk of data breaches, as the tokenized data is not readable by humans.
Companies in the tokenization market include Gemalto, Thales, Entrust Datacard, and RSA Security. Show Less Read more
