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BIO San Diego: Roundup

Recently, Vaultree attended the BIO San Diego event with a small team to showcase our latest advancements in data security and encryption technologies. The conference offered an excellent platform for us to engage with leaders in the healthcare sector, demonstrating our cutting-edge solutions and discussing the future of secure data enablement.

Event Highlights

Throughout the event, our team, including CEO Ryan Lasmaili, Alessandro Watson, and Steve Dvorak, hosted at the European Innovation Council Pavillion, engaged with numerous healthcare leaders, sharing insights on Vaultree’s revolutionary Data-In-Use Encryption technologies. The discussions centred around the need for robust data security solutions that do not compromise on performance.

Showcasing Vaultree’s Solutions

At Vaultree, we thrive on demonstrating our capabilities, which is why, throughout the BIO San Diego conference, we conducted numerous live demos of our solutions, including Vaultree Encrypted Data Sharing (VEDS). These demos showcased how our technologies enable secure and compliant data sharing within the healthcare industry. Attendees experienced firsthand how we maintain data utility while ensuring robust security. Those who attended these demos left with a deeper understanding of our solutions:

Vaultree Encrypted Data Sharing (VEDS)

VEDS is designed to revolutionise secure data sharing. Using multi-key encryption strategies, VEDS ensures that data from multiple sources remains secure and accessible only to authorised parties. This approach facilitates seamless collaboration among research entities, enhancing data integrity and compliance with global standards.
(To find out more on VEDS, click here!)

Data-In-Use Encryption

Vaultree's Data-In-Use Encryption ensures that sensitive data remains encrypted at all times, even during use. This persistent encryption approach mitigates risks associated with data breaches and complies with regulations like GDPR and HIPAA. Our technology allows for real-time data operations without compromising security, enabling organisations to harness their data's full potential.

(To find out more on Vaultree’s Data-In-Use Encryption, click here!)

Live Discussions

Our team hosted Q&A sessions to delve deeper into the needs of the healthcare sector. These sessions provided valuable insights into the challenges organisations face regarding data privacy, security, and enablement.

Through detailed, collaborative discussions, our team explored how Vaultree’s solutions could address these challenges, offering each stakeholder a tailored solution for their unique situation.

Head of Solutions Alessandro Watson in the midst of a Q&A session

Gratitude and Acknowledgements

We extend our heartfelt thanks to all who visited our booth and engaged with us at BIO San Diego. A special thanks to the European Innovation Council (EIC) for selecting us as one of 15 European companies to participate in this prestigious event. Your enthusiasm and interest in our technologies inspire us to continue innovating and pushing the boundaries of what’s possible in data security.

Ryan Lasmaili, Steve Dvorak and members of the European Innovation Council (From R-L)

Until Next Time

BIO San Diego has been a tremendous success for Vaultree. As we progress, we remain committed to revolutionising data security and enabling secure, compliant data sharing across industries. Stay tuned for more updates and innovations from Vaultree. If you missed us at BIO, connect with us to learn more about how we can transform your organisation’s data protection and utilisation strategies.

Frequently Asked Questions

1. What is Data-In-Use Encryption?

Vaultree’s Data-In-Use Encryption technology is a proprietary evolution and implementation of innovations related to in-use encryption algorithms such as Fully Homomorphic Encryption (FHE), which is capable of enabling near real-time processing and querying of encrypted data.

2. Why is Encryption important?

Unencrypted data is vulnerable data. Not only is the encryption of sensitive data required by regulations such as GDPR and HIPAA, the process is crucial for businesses and individuals to remain both safe and profitable in a world where data is the most valuable asset.

3. How can Vaultree help the healthcare industry?

Vaultree significantly enhances the healthcare industry by offering advanced data security solutions. With Vaultree’s Data-In-Use Encryption and Vaultree Encrypted Data Sharing (VEDS), healthcare organisations can securely share and analyse sensitive patient data without de-identification or data masking, ensuring compliance with regulations like HIPAA and GDPR. This technology enables secure collaborations, real-time processing, and efficient data management, thereby improving patient care outcomes, enhancing data privacy, and fostering innovation within the healthcare sector.

4. Can Encryption be hacked?

Cracking advanced encryption algorithms such as Vaultree’s Data-In-Use solutions is almost impossible. Instead of facing these algorithms head-on, cybercriminals prefer side-channel social engineering attacks to trick trusted individuals into granting them access to unencrypted data. Currently, 88% of data breaches occur due to human error.

This is why Vaultree’s persistent encryption solution is so groundbreaking. Even in the event of a successful phishing or ransomware attack, Vaultree’s encryption remains, leading to attackers only receiving useless cyphertext.

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