Beyond Breach –
Where Your Data Stays Yours, Forever Secure
Privicore Data First security approach prevents Data breaches
Key Management
Key Management
Fast Encryption technology
In combination with tokenization we use a fast and secure elliptic curve encryption method to encrypt data.
Tokenization
Tokenization
Storage Decentralization
Storage Decentralization
Secret management & Synchronization
Manage all client’s secret and synchronize data across storage devices.
Device security
Device security
High transaction volume using Fast Message Queue
Fast acceleration for low latency and fast transactions.
AI & Machine learning
AI & Machine learning
Policy based learning algorithms and risk profiling.
Policy & Voting
Policy & Voting
Privicore Data First security approach prevents Data breaches
The steep increase in Data breaches as a result of inadequate cybercrime defense!
Investing in PriviCore not only secures your data but also offers a significant return by preventing costly breaches.
*Sources: Global Cybersecurity Outlook 2024 – World Economic Forum, 2024 State of Cybersecurity – CompTIA, IBM report on the cost of data breaches, Statista.com
Average breach costs USD 175 per record
Flagstar Bank, the seventh largest bank mortgage lender in the US, announced in June 2022, that it had been hacked in December 2021, and personal data on 1.5 million customers exfiltrated.
Breakdown
Flagstar’s size:
- $310.3 M in Primary Response Costs
- $22.7 M in Lost Revenue
- $585,000 in Fines & Judgments
- $333.6 Million Total
- $222 Average Per Record