Single Tenant Tokenization Provides Maximum Performance
The hundreds of articles, podcasts, blogs and every other area of social media are blasting information about tokenization and how it is changing data security for the better. As the CEO of a tokenization provider, that news could not be more exciting for me. TokenEx has been offering tokenization for organizations, worldwide, for over 5 years. One of the differentiators for all tokenization platforms is how flexible are you in an organization’s sensitive data environment. No two data environments are the same with integration and there are certain levels of tokenization control that exist within a tokenization platform called tenancy. What are the different types of tenancy and why are they important? Over the next three weeks, I am going to break down Single Tenant Tokenization, Multi-Tenant Tokenization, and the coup de grace Single Tenant vs. Multi-Tenant in a tokenization battle for the decades.
A good analogy to understand the difference between the types of cloud tenancy is to imagine that Single Tenancy is like owning your own home and Multi-Tenancy is like an apartment building. With Single Tenancy you have no shared resources and fully segmented data, which creates higher levels of performance. Your ability to scale resources is a matter of making a phone call. You also have unlimited flexibility in how you segment data within business units inside your organization. TokenEx has recently partnered with FireHost to offer Single Tenant Tokenization with the highest levels of cloud security.
Single Tenant is a Stand Alone
In a cloud based environment an organization can exist in its own physical data environment called Single Tenancy. So, while the cloud may seem like one large aggregation of data, there are multiple types of instances and segmentations that exist in the overall aggregate. Single-tenant tokenization, simply means that each client can be maintained as a separate tenant and all your data—payment card data, tokens, and PII (Personally Identifiable Information)—is kept separate from all other tenants. All data is segmented both logically and physically. All computing resources and data vaulting is fully dedicated for their sole use and fully isolated from other client’s data and processing.
The most common question we face as it relates to tenancy today is, “how is our data segmented from other customer’s data?” The answer for single-tenant customers is that it is physically segmented away from all other customer data. Using FireHost and TokenEx we create a centralized PCI island where all of your scope resides. This “PCI Island” literally saves organizations millions of dollars a year in network segmentation exercises, PCI scope reduction, and compliance & testing costs. By tokenizing all of the toxic data in your environment, you have successfully removed your corporate and business environments from PCI scope. Unfortunately, networks with poor segmentation won’t help reduce scope, because all of the credit card assets reside together with corporate and business assets, as well.
Data Segmentation Is A New Layer of Security
Keeping your sensitive data segmented away from your corporate network affords you a greater level of security. In other words, if your corporate network is breached, then your data will not be affected because it is segmented away in its’ own secure cloud-based environment. Your data remains completely separate from all other customer data at all times. Your PCI compliance/scope is all about getting toxic data out of your environment, and it never being stored, processed, or transmitted through your environment. Single tenancy does just that, but also brings a layer of security to your data by reducing the footprint of sensitive data in your environment.
Just like your complex data environment, each integration for tokenizing sensitive data is unique. Choosing the proper deployment method has a profound impact on the way you secure your data, as well as the PCI compliance/scope you are subject to. At the heart of choosing the right strategy for securing your data and reducing your compliance is the TokenEx Cloud Tokenization Platform layered on top of FireHost secured and compliant infrastructure. Cloud architectures are based on the ubiquitous flow of information in the fault-tolerant and redundant environment. The data you choose to tokenize—payment card, personally identifiable information, or personal healthcare information—is securely vaulted within your single-tenant environment.
Why TokenEx & FireHost Make Sense
If you are a larger organization and all of the above is paramount in getting toxic data out of your environment, contact either TokenEx or FireHost to discuss options. Using TokenEx and FireHost, you will be able to maintain and improve your performance and responsiveness with your customers. Data security checks and balances are easier to manage and maintain, because your data is self-contained in one area. Lastly, you’re reducing exposure to PCI and risk – which ultimately are the two biggest drivers in tokenizing data. Considering the breadth and depths of services and solutions, TokenEx and FireHost will provide a solution that exceeds the highest levels of security, while reducing your PCI scope significantly.