Data protection company Piiano on Wednesday announced the release of its cloud-based Piiano Vault, a secure database aimed to help enterprises safely store and use sensitive personal data and comply with evolving privacy regulations.
Companies are challenged today with protecting data from exposure in the wake of high-profile data leaks and increased regulations and compliance requirements. While a recent Piiano study found that 45% of companies have prioritized protecting personally identifiable information (PII), operationalizing it at scale takes the work of developers tasked with embedding security into their code projects. It’s an enormous undertaking and many developers find themselves scrambling to retrofit privacy and security into existing environments and workflows.
“As enterprise R&D outpaces security efforts, the safety and protection of customer data remains disorganized and consequently highly vulnerable to potential breaches, said Gil Dabah, co-founder and CEO at Piiano. “Building cloud applications starts with the infrastructure that developers use. Piiano encourages security and privacy by design and the Piiano Vault is a secure database that’s privacy- aware. It’s about saving thousands of development hours for enterprises and instead just using our APIs when it comes to storing and using data. Today many organizations aren’t aware of the extent of their PII sprawl. Now there’s a secure database to house sensitive data. Piiano empowers developers to act as the new data protectors along with the CISO.”
Scott Bledsoe, chief executive officer at Theon Technology, said Piiano’s approach of embedding granular privacy and security controls into the database is a unique one.
“There are a number of companies, such as Protegrity and Immuta that layer privacy and security controls on top of existing databases so it will be interesting to see whether the marketplace will value having embedded security controls bundled as part of the database itself,” said Bledsoe.
Jack Poller, a senior analyst at the Enterprise Strategy Group, added that Piiano Vault combines two important security activities — fine grained access controls and encryption/tokenization into a single database solution.
“Because Piiano Vault is purpose-built for security, the solution includes a policy engine that enables developers and other stakeholders to quickly and easily define the appropriate fine-grained access and visibility controls to secure data and maintain compliance,” said Poller. “This means that developers, rather than implementing data security measures, can devote their precious and limited time, effort, and resources to adding functionality to their applications.”