The end of plaintext: Fortanix launches breakthrough for searching encrypted data
Summary
The new software tool addresses a major challenge for companies in highly regulated industries like finance and healthcare: how to use sensitive data to power business operations while maintaining strict privacy and compliance controls. Fortanix deploys encrypted databases in Trusted Execution Environments (TEEs), secure areas of computer memory where data can be decrypted and used but is inaccessible to outside systems. What we do is we deploy an image of an encrypted database within the Trusted Execution Environment where it can be safely decrypted and used to service the queries,” Searle told VentureBeat. The study cited the increasing demand for data security and privacy, especially in regulated industries like banking, finance, insurance, healthcare, life sciences and defense as well as the public sector. By leveraging confidential computing technology, Fortanix claims to offer a fast and scalable solution that enables organizations to securely search and analyze encrypted data in use, while complying with global regulations and policies.
