Two different ways to protect sensitive data
With pseudonymization and anonymization of data, companies have two options for address a central demand of the General Data Protection Regulation (GDPR): data minimization. If personal or sensitive company data is pseudonymized or anonymized, the risk of unauthorized access and inspection is reduced. In both cases, encryption methods are preferred, which differ in essential points.
Companies should put their business requirements and IT framework conditions to the test in order to select the appropriate process. When selecting data, you need to take care to ensure compliance with legal requirements and at the same time to guarantee flexible evaluation options – for example for data analytics. It is equally important that the introduction of data protection measures does not impair process efficiency. In addition, the technical solutions must be highly scalable.