HomeTechnologyEnterpriseKeep Your Data Private and Secure with YData

Keep Your Data Private and Secure with YData

Today, information is probably the most significant commodity there is. Companies all over the world make money with it, but it’s only valuable so far as it’s secure. Currently, there are plenty of security threats out there.

Legislators in Europe and the US have recognized the threat, but compliance is costing companies quite a bit of money. To address this issue, a Portuguese start-up called YData aims to help secure data while staying compliant with GDPR and CCPA.

Data privacy by design

YData is a start-up founded in September of last year. According to the description on its website, the company makes “data available with privacy by design”. Its product, the Synthetic Data Generator, does what it says – it generates synthetic data, via deep learning algorithms, that’s very similar to the original data. This synthetic data can be used for statistical analysis, training Machine Learning modules, AI, and even be sold to third parties.

The product is also designed to ensure the data of users remains private and secure but retains its original statistical properties. So, for example, if you want to implement some AI but have trouble locating specific data and are concerned with privacy risks, YData’s solutions could be of help to you.

The current offerings of YData include a browser app, an API, and an On-Premises solution, all paid for on a subscription basis. If you’re curious about the technical aspects, they’ve provided documentation so you can familiarise yourself with them.

The YData project has received funding from the EU Horizon 2020 research and innovation program. According to Crunchbase, the grant is currently the sole investment. However, given the prevalence of data and privacy issues in our lives today, I expect that the company is going to grow in the near future.

YouTube: YData

Photo credit: The feature image has been taken by NESA by Makers.
Sources: Fazal Raheman MD (Medium) / YData’s blog / European Data Incubator / Crunchbase / YData’s Business Proposal and Technical Solution provided to EDI.

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Kate Sukhanova
I’m a writer with a keen interest in digital technology and traveling. If I get to write about those two things at the same time, I’m the happiest person in the room. When I’m not scrolling through newsfeeds, traveling, or writing about it, I enjoy reading mystery novels, hanging out with my cat, and running my charity shop.