, TokenEx
As commerce and financial transactions expand to web sites, mobile apps, and globally distributed call centers, so grows the need to ensure that sensitive data cannot be stolen—whether in transit over the internet or flowing through internal business systems. But in the last decade, the theft of financial, personal, and healthcare related data has made headlines around the world. The increasing number of successful data thefts by very sophisticated international hacker groups and government-sponsored industrial espionage organizations highlights the increasing need to protect financial, personal, health, and product information. TokenEx was founded by two security experts—Alex Pezold and Dr. Jerald Dawkins—to combat data theft while helping organizations reduce the costs associated with Payment Card Information (PCI) compliance. What started as an efficient and effective method of replacing payment card data with undecipherable tokens, rapidly evolved into a strategic platform as a service (PaaS) for data security. By integrating four key technologies—tokenization, encryption, data vaulting, and key management—with a highly secure cloud-computing platform, TokenEx has grown rapidly, becoming the choice tokenization vendor for data security.