18536393. BATCH TOKENIZATION SERVICE simplified abstract (Capital One Services, LLC)

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BATCH TOKENIZATION SERVICE

Organization Name

Capital One Services, LLC

Inventor(s)

Naveen Teja Koduru of Frisco TX (US)

Kishore Doppalapudi of Frisco TX (US)

Ramesh Parvataneni of Frisco TX (US)

BATCH TOKENIZATION SERVICE - A simplified explanation of the abstract

This abstract first appeared for US patent application 18536393 titled 'BATCH TOKENIZATION SERVICE

Simplified Explanation

The patent application describes methods and systems for data tokenization to protect sensitive data. A tokenization service controller extracts sensitive data, generates tokens for each instance of the data, and creates a tokenized data set using these tokens.

  • Sensitive data is identified and replaced with tokens.
  • Tokenization service controller arranges tokenized records in the same format as original records.
  • Tokens are used in place of sensitive data in the tokenized data set.

Key Features and Innovation

  • Extraction of sensitive data based on a schema.
  • Generation of tokens for each instance of sensitive data.
  • Creation of a tokenized data set with tokenized records.

Potential Applications

The technology can be applied in industries dealing with sensitive data such as finance, healthcare, and government.

Problems Solved

The technology addresses the need for protecting sensitive data from unauthorized access or breaches.

Benefits

  • Enhanced security for sensitive data.
  • Simplified data protection processes.
  • Compliance with data privacy regulations.

Commercial Applications

The technology can be used in data security solutions for businesses handling sensitive information, offering a secure way to store and manage data.

Prior Art

There are existing tokenization methods and systems used in various industries for data protection.

Frequently Updated Research

Research on advancements in data tokenization techniques and applications is ongoing to improve data security measures.

Questions about Data Tokenization

Question 1

How does data tokenization differ from encryption in protecting sensitive data?

Data tokenization replaces sensitive data with tokens, while encryption converts data into a coded format. Tokenization does not require decryption for authorized users to access the original data.

Question 2

What are the key considerations when implementing a data tokenization system for a business?

Key considerations include the type of sensitive data to be tokenized, the security measures in place to protect tokens, and compliance with data privacy regulations.


Original Abstract Submitted

Methods and systems of data tokenization are described herein to provide protection for sensitive data. A tokenization service controller may extract sensitive data by determining a schema, the schema identifying which fields contain sensitive data. A token may be generated corresponding to each instance of the extracted sensitive data. The tokenization service controller may then generate a tokenized data set comprising a plurality of tokenized records arranged according to the same format as the original records, wherein the tokenized records use the generated tokens in place of the corresponding sensitive data.