Duality is proud to be recognized in the 2022 Gartner® Hype Cycle™ for Data Security* as a Sample Vendor for Homomorphic Encryption.** The Gartner® Hype Cycle™ is a graphic representation of how emerging technologies are maturing and being adopted to solve real business challenges and take advantage of opportunities.
Executive leadership across every sector faces new challenges to ensure sensitive personal data, one of the enterprise’s most valuable resources, is carefully safeguarded and will not be exposed or fall into the wrong hands. At the same time, they must support business objectives that require access to customer data by multiple users and business units across the enterprise. Data -driven enterprises that seek to extract even more insights to inform better decision making, are exploring ways to collaborate on data with third parties. While this creates new opportunities and insights, it also requires a new class of technology solutions to ensure data privacy remains intact throughout the data life cycle.
Homomorphic Encryption is a Transformational Data Security Technology
According to Gartner® analysts Mark Horvath and Bart Willemsen, homomorphic encryption is a transformational data security technology. In the report’s ‘Why This is Important’ section they state that “When fully realized, HE (homomorphic encryption) will be an unparalleled advance in privacy and data processing.”
Benefits will include the ability to:
- Perform data analytics on encrypted data, such that the processor never sees the data in the clear, but delivers accurate results.
- Share and pool data among competitors, allowing them to accomplish joint tasks (such as sharing anti-money laundering [AML] data) without giving up secrets or privacy.
- Allow data subjects to share all or part of their sensitive data without giving up privacy.
Duality empowers organizations to extract business value from sensitive data by enabling secure data collaborations within their ecosystem.
Gartner subscribers can click here to read the full 2022 Gartner® Hype Cycle™ for Data Security.
*Gartner, “Hype Cycle for Data Security, 2022”, Brian Lowans, August 4, 2022.
**Gartner, “Gartner Hype Cycle”, https://www.gartner.com/en/research/methodologies/gartner-hype-cycle.