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Insurance

The insurance company has numerous initiatives in place, to employ technology and leverage data as a transformation vehicle for business processes and services.

For example, one of the current initiatives launched by the company allows customers to take photographs and videos from collisions and transfer them directly to the company data lake. In this scenario, claims adjusters do not have to travel to take photographs, while advanced analytics and AI are employed for claims resolution. This initiative cuts costs for business, while allowing customers to get paid quicker.

While this initiative is undoubtedly beneficial to both the business and its customers, measures must be taken to ensure customer's privacy. Provided information may contain personal and sensitive data (e.g., people’s photographs, license plates, photographs of documents, videos from on-dash cameras and surveillance cameras, etc.).

Company allows customers to perform encryption on their edge devices using the AltaStata, so that transmitted and stored images, documents, and videos remain secure from both external and internal threats. Moreover, AltaStata solution provides secure sharing of sensitive encrypted data with partners (e.g., claims adjusters and other entities) and secure AI/ML processing of this unstructured encrypted data. Furthermore, AltaStata method meets GDPR, HIPAA, FISMA, California Privacy Act, and other regulatory requirements for data protection.

The AI/ML can run at the cloud as well as at the company data center to access the fortified data lake.

Insurance company

Life Science

HealthTech

Bioinformatics company in Europe collects personal genomic data from all parts of the world using the multi-cloud environment and provides the platform for researchers to perform AI/ML analytics of these data. 

Using the AltaStata Fortified Data Lake a cluster of Spark machines transparently performs fast parallel processing of encrypted genomes. AltaStata’s way of data encryption does not impact data access performance and does not require company to modify its AI/ML algorithms or Big Data tools as it supports standard data lakes APIs. The same approach works for the entire ecosystem of AI/ML tools, including Hadoop, Impala, Tez, Presto, and more. 

 

AltaStata supports company' multi-cloud strategy by protecting sensitive data in AWS, Azure and GCP. Through the Fortified Data Lakes the company is able to adhere to GDPR requirements for personal data protection. In addition, AltaStata cuts organizations’ cloud storage costs by compressing the raw genomic files.  

Financial Services

Financial service institutions nowadays extract their data sources into raw data format stored in data lakes. This gives users freedom to transform raw data at a later time, once they found valuable or innovative use for it. Some of these uses only become apparent when users are able analyze raw information in all its glorious detail.  

 

To ensure security and compliance for data stored at rest, the organizations use applications which tokenize sensitive data, e.g., customers’ SSNs or credit cards numbers. Otherwise, system administrators and some users have excessive privileges to access sensitive data.   

 

The tokenizing process requires careful analysis and replacement of raw data, which is time-consuming and has potential for many kinds of mistakes. To make raw data available in use, tokens need to be replaced with the original sensitive data, which, once again, is a time-consuming process. This approach involves a lot of resources, is costly, and can become a nightmare for the large organizations' data lakes support departments. Tokenizing of images and videos is almost impossible.   

 

AltaStata transparently ensures data lakes’ security for such organizations. Instead of storing data as plain text, while tokenizing sensitive parts, data owners use AltaStata Fortified Data Lake to store fully encrypted files and share access with particular users and programs. The organizations' system administrators and CISOs control user access to the data. However, they do not constitute an insider threat, as they cannot access the encrypted data. The data is available to regulators’ and auditors’ access for compliances verifications.  

Insurance company

Robotics and Autonomous Devices

HealthTech

The military drone or another autonomous IoT device transmits a video/data stream to the cloud using AltaStata SDK. Operators as well as image recognition AI applications, can watch, process, and analyze encrypted video, data, messaging streams, sensor feeds through AltaStata data lakes in near real time, while they are still being recorded/transmitted.

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