Data Custody Technology for the Privacy Age
We are a data privacy lab pioneering Data Custody Technology that eliminates a data custodian’s risks against data breaches, prevents unauthorized misuse of data, and ensures compliance with industry regulations.
Data Privacy Risks
Today’s Databases Were Not Built for a Distributed World
Historically, database and storage solutions were designed to hold data securely in a single place. As data is increasingly transmitted across systems, these legacy solutions are incapable of protecting data the way companies use it today; sharing and replicating data across multiple on-premise and cloud environments, digital platforms, and third-party applications.
Databases were designed to custody data inside a secure perimeter
Today, data custody needs to be transferred outside of the perimeter, making data vulnerable and putting privacy at risk
Recent Privacy Breaches and Penalties
Today’s Databases Constantly Fail to Protect Our Data Privacy
$5B fine (USA)
$700M fine (USA)
$230M fine (UK)
$123M fine (UK)
Privacy Regulation Compliance Challenges
Regulators Are Creating New Rules that Existing Databases Can Not Support
TODAY'S DATABASES CONSTANTLY FAIL TO PROTECT OUR DATA PRIVACY
No Integrated Solutions Exist
Fragmented Solutions Create Developer and Operational Complexity
Causes of data breaches and misuse
Server and firewall mis-configurations
Zero day system exploits
Encryption-only for data at-rest
Unauthorized access or usage
Data custody rules not enforced
Multiple solutions to protect privacy
In-house ad-hoc solutions
Data Custody Technology
The Ultimate Data Privacy Solution
STOP CENTRALIZED BREACHES
PREVENT DATA MISUSE
COMPLY WITH REGULATIONS
Phorm's patented Data Custody Technology binds data custody rules to the data itself, and uses blockchain smart contracts to consistently enforce the custody rules at the access endpoint, guaranteeing privacy and security anywhere the data flows.
Data Custody Rules
Enforce Custody Policy at the Point of Access Across Every Application
Every data access operation executes its related custody policy; a set of rules that allow dynamic handling of complex context-based logic. Rules cover business specific needs, corporate governance policies, and regulatory rules. The policy engine provides consistency, visibility, and audit-ability.
Chairman of the Board
Over 20 years in product marketing and business development in high-growth startups. Expert in sales and marketing for AI and big data solutions to Global 1000. Currently CEO at VAST.com. Previously co-founder of Trilogy. BS, Computer Software Engineering from the University of Texas at Austin.
20 years of product and engineering leadership for developer middleware and large-scale data-driven consumer apps. Consistently recruited for innovation-led roles in startups and established companies, most recently VP Mobile Product at Ticketmaster and Senior Director Video Product at Yahoo-Tumblr. Founded one startup as CTO, and joined two startups as head of product/engineering. BSc, Business Information Systems (First Class Honours) from the University of Portsmouth, UK.
30+ years full-stack engineering of cutting edge enterprise software, with wide expertise in distributed systems, concurrency, optimization, compression, performance and system level programming. Most recently CTO at VAST (Big Data/AI), and senior engineering roles at IBM, Lombardi (acquired by IBM) and Trilogy. MA, Electrical Engineering and Information Science from th University of Cambridge, UK.
Director of Engineering
Engineering leader with full-stack capability and over 7 years of startup and growth stage experience. Co-founder and CEO of Predictions Global (acquired by Veil January 2019). Previously senior engineer at Augur, Bread Finance, and Haystack IQ. Started his engineering career at Amazon. BSc, Computer Science (Honors) from the University of Waterloo, Canada.
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320 Congress Avenue Suite C, Austin, TX 78701, USA