What is sensitive data?
Sensitive data refers to confidential information that must be protected from unauthorized use. Common datasets like social security numbers (SSNs), health records, identification cards, and banking information, require businesses to use a combination of security measures and strict protocols to prevent personal information from being leaked. Data breaches make it difficult for companies to manage their business, by impeding operations, reducing customer confidence, and opening the company to additional risk.
Processing data is no different. Data flowing into a business must be managed and validated as part of a workflow designed to maintain confidentiality. Unfortunately, businesses often use in-house protocols to extract data with solutions that aren’t always the best. Third-party vendors like Base64.ai work with businesses looking to automate their sensitive data extraction process by implementing a highly secure cloud or on-prem solution which can maintain all your information in a single place at all times.
How does it work?
Processing sensitive data with third-party vendors like Base64.ai has helped many businesses boost their workflows without jeopardizing security. Base64.ai offers cloud-based and on-premise intelligent document processing (IDP) solutions with bank-level security.
Base64.ai offers businesses a fast and accurate data processing solution with certification in HIPAA, GDPR, and SOC 2 compliance. Our on-premise solution processes documents in your data center and does not send your data outside your controlled environment. Additionally, this also means Base64.ai prevents potential data breaches by not storing any extracted data after data after a document is processed.
What does compliance say about Base64.ai?
With HIPAA compliance - The Health Insurance Portability and Accountability Act (HIPAA) Privacy, Security, and Breach Notification Rules protect the privacy and security of health information and give individuals rights to their health information. HIPAA establishes standards to protect PHI (personal health information) held by processing entities and business associates.
SOC Type 2 - System and Organization Controls (SOC) validate the security and integrity of the internal controls and information systems. SOC 2 has been widely accepted as a US standard for information security. It is used by SAAS companies, financial organizations, insurance companies, and data centers.
GDPR - The General Data Protection Regulation (GDPR) is the toughest privacy and security law in the world. Though it was drafted and passed by the European Union (EU), it imposes obligations onto organizations anywhere, so long as they target or collect data related to people in the EU.