Welcome!

Symbian Authors: Jack Newton, Kevin Benedict, Matthew Lobas, Shelly Palmer, RealWire News Distribution

News Feed Item

Cloud Based Risk Assessment Now a Reality Thanks To Privacy Analytics

Big data analytics protection for personal privacy in the latest de-identification software release.

OTTAWA, ONTARIO -- (Marketwire) -- 02/26/13 -- Privacy Analytics, recently named one of the big winners at the STRATA 2012 Big Data Startup Showcase in New York City, have changed the big data privacy landscape yet again. With updated PARAT 5.0 software by Privacy Analytics any organization that deals with big data can make use of cloud services to share de-identified personal data across their various departments and partners - all while maintaining the toughest legal and practical limits of privacy. This new tool will increase productivity and speed, as well as decrease costs across the board by simplifying current methodologies.

Big data analytics is concerned with the process of examining huge amounts of different types of data to discover hidden patterns, useful information and unknown correlations. De-identification refers to the removal of all information that would allow the personal identification of any individual within the data source. Privacy Analytics' founders were inspired by today's reality of cheap computation and ubiquitous data collection, mixed with recognized software development processes such as quality assurance testing. Privacy Analytics recognizes the need for new tools in this developing big data landscape, to give users and companies the competitive advantage over rivals and reap benefits like increased revenue, research insight and more effective marketing.

According to Ben Eze, Privacy Analytics' Lead Developer, "There are many health organizations, financial organizations and governments that sit on a lot of data... they can't share this data because it contains personal information about clients, patients and whoever." He explained how the startup is changing the landscape of big data analytics by using patented technologies and algorithms to ferret out personal identifying information in clients' data. The software then strips this information out, allowing Privacy Analytics' clients to safely share this data with others for research and collaborative purposes.

This is where the new release of Privacy Analytics' flagship software application PARAT (Privacy Analytics Risk Assessment Tool) comes in. PARAT version 5.0 uses cloud based technologies to share data between internal data users and external data recipients in a completely secure manner, keeping data protected. Data managers and privacy officers can feel secure they are meeting their obligations of the various agencies, auditors, laws and regulations like HIPAA.

Eze articulated that big data analytics is something that is only going to become more and more important as technology and networking become more embedded in our everyday lives. Eze claims that Privacy Analytics is the only analytics company offering unique, cloud-based solutions that address this growing reality. Eze mentions this is one of the main reasons why they, (Privacy Analytics) bagged the award at STRATA.

Privacy Analytics Inc. is a spin-off from the Electronic Health Information Laboratory (EHIL) incorporated in 2007. It has a team of accomplished and reputable scientists and engineers working with a respectable and experienced management team focused on making the de-identification and masking process easier, simpler and faster. Many companies and indeed governments are recognizing the great value in big data analytics but also place great value on protecting their sources' privacy.

The organization has developed the "only commercially-available integrated masking and de-identification tool on the market today". They also take pride in their unique risk-based approach to de-identification and masking. Privacy Analytics' primary objective is to help companies, governments and organizations of all types make better decisions by enabling data managers and data scientists to analyze large volumes of raw data as well as additional sources of data that, until now, have been untapped by traditional business intelligence services. Such data sources include Internet streaming data, web server logs, mobile phone call records, social media, photo and video archives as well as the ever increasing volume of raw data captured by various sensors and networks. By employing software tools such as PARAT big data analytics like data mining and predictive analytics can be carried out safely and anonymously.

With the new cloud based abilities of PARAT 5.0 businesses and organizations can put their data to work building business and research intelligence as well as their bottom line.

To find out more about Privacy Analytics and their PARAT software, its available cloud features and privacy protections check out the Canadian de-identification software company's website at http://www.privacyanalytics.ca where they have compiled a number of case studies of companies that they helped in leveraging PARAT and other services offered by the organization.

Twitter: https://twitter.com/privacyanalytic

Facebook: https://www.facebook.com/PrivacyAnalytics

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
SYS-CON Events announced today that Ayehu will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara California. Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infras...
In this presentation, Striim CTO and founder Steve Wilkes will discuss practical strategies for counteracting fraud and cyberattacks by leveraging real-time streaming analytics. In his session at @ThingsExpo, Steve Wilkes, Founder and Chief Technology Officer at Striim, will provide a detailed look into leveraging streaming data management to correlate events in real time, and identify potential breaches across IoT and non-IoT systems throughout the enterprise. Strategies for processing massive ...
SYS-CON Events announced today that Cloud Academy named "Bronze Sponsor" of 21st International Cloud Expo which will take place October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara, CA. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud com...
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, presented a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to ma...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 21st Int\ernational Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their ...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists looked at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deliver...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), provided an overview of various initiatives to certify the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldwide re...
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, discussed some of the security challenges of the IoT infrastructure and related how these aspects impact Smart Living. The material was delivered interac...
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...