Vaultree Sets a New Benchmark in Healthcare Cybersecurity with Industry-First, Fully Functional Data-In-Use Encryption Solution
A major leap forward in healthcare data protection, bringing its industry-first Fully Functional Data-In-Use Encryption solution to the sector
SAN FRANCISCO, May 23, 2023 — Vaultree, the trailblazer in cybersecurity, today announces a major leap forward in healthcare data protection, bringing its industry-first Fully Functional Data-In-Use Encryption solution to the sector. Coupled with a groundbreaking software development kit and encrypted chat tool, Vaultree's technology revolutionizes the data encryption landscape, providing full-scale protection of sensitive patient data, even in the event of a breach, while preserving operational efficiency and performance.
In today's digital era, no sector is more vulnerable to cybercrime than healthcare. The first half of 2022 alone witnessed 337 breaches, affecting billions of patients worldwide. The repercussions of such breaches not only risk lives but also jeopardize the privacy of the most sensitive patient information, including women's reproductive health data. Vaultree's unrivaled solution redefines the security landscape, providing comprehensive data protection with complete search and computational capabilities, ushering in a new era of privacy assurance in healthcare.
"Time is of the essence when lives are at stake. Clinical trials, ePHI, advanced healthcare research, and all critical data must be shielded from a data breach. Bringing our proven Fully Functional Data-In-Use Encryption solution to the healthcare sector is transformative. Stolen or leaked data is rendered useless to cybercriminals, while maintaining optimal performance in data processing," said Ryan Lasmaili, CEO of Vaultree. "This is our commitment to meeting the urgent need for secure, privacy-centric healthcare and setting a safer future for patients and healthcare providers.”
Vaultree’s breakthrough lies in its encryption approach. Unlike traditional technologies that impose usability restrictions or have inherent security vulnerabilities, Vaultree's solution is engineered for seamless integration. Its user-friendly, plug-and-play solution, along with robust security features — zero-trust encryption, client-held keys, and no requirement for server-side decryption — distinguishes Vaultree as a leader in the cybersecurity industry.
With Vaultree, healthcare organizations are now equipped to securely process, search, and compute encrypted data in real time, enabling precise data analysis and AI-driven modeling to enhance patient care and outcomes. Complying with vital privacy and security regulations, such as HIPAA and GDPR, becomes effortless.
"We're not just protecting data, we're empowering healthcare organizations to enhance their service," said Ryan Lasmaili. "From improved data analytics to enriched patient experiences and telemedicine capabilities, privacy does not have to compromise performance."
Vaultree’s partnerships highlight its innovative and forward-thinking approach. Joining forces with Google's AlloyDB for PostgreSQL, Vaultree leads the cybersecurity industry into a new era of cloud-based, Fully Functional Data-In-Use Encryption. In addition, Vaultree's alliance with Qrypt supports the only unbreakable key generation algorithm in the market, allowing Vaultree to offer unmatched data protection across sectors. Vaultree supports enterprises handling large amounts of sensitive data, including those in financial services, insurance, retail, telecom and energy sectors.
Vaultree's unwavering commitment to improving data privacy and security across all sectors is evident. With its healthcare-specific solution, Vaultree is making significant strides in protecting sensitive patient data, fostering enhanced healthcare experiences, and fundamentally reshaping data security standards within the sector. By enabling better communication, understanding, and care through Vaultree, healthcare providers can offer improved services while maintaining respect for patients' privacy.
Vaultree has developed the world's first Fully Functional Data-in-Use Encryption solution that solves the industry's fundamental security issue: persistent data encryption, even in the event of a leak. Vaultree enables enterprises, including those in the financial services and healthcare / pharmaceutical sectors, to mitigate the great financial, cyber, legal, reputational, and business risk of a data breach in plain text. With Vaultree, organizations can securely process, search, and compute structured and unstructured encrypted data, without ever having to surrender encryption keys or decrypt server-side. If a leak occurs, Vaultree's data-in-use encryption persists, rendering the data unusable to bad actors. With Vaultree, customers can say goodbye to traditional encryption challenges and hello to a world where the most powerful encrypted search, data processing analysis and ML/AI can be performed in real-time. Integrating Vaultree into existing database technologies is seamless, requiring no technology or platform changes. Google and other data-driven companies worldwide trust Vaultree to safeguard sensitive data. Vaultree is a privately held company based in Ireland and the U.S. For more information, please visit www.vaultree.com.