Glossary > Privacy > Privacy Technologies > Anonymization Techniques

Homomorphic Encryption

Homomorphic encryption is a privacy-enhancing technology that allows computations to be performed on encrypted data without the need to decrypt it first. This means that sensitive information remains encrypted at all times, including during processing, providing a higher level of privacy and security for data transactions.

Example #1

For example, a healthcare provider could use homomorphic encryption to perform computations on encrypted patient data, such as running algorithms to detect patterns or anomalies, without seeing the actual patient information.

Example #2

Similarly, a financial institution could conduct analyses on encrypted customer data without exposing the details of individual accounts or transactions.

Misuse

One possible misuse of homomorphic encryption could be when an entity falsely claims to use this technology to process data securely while actually storing or transmitting unencrypted data. This deceptive practice could lead to a breach of consumer trust and compromise the confidentiality of sensitive information.

Benefits

Homomorphic encryption benefits consumers and employees by enabling secure data analysis and processing without compromising privacy. It allows for data computations on encrypted information, ensuring that personal details are safeguarded throughout the process.

Conclusion

Homomorphic encryption offers a powerful tool for protecting sensitive data while still allowing useful computations to be performed. Consumers and employees can benefit from enhanced privacy and security when organizations implement this technology responsibly.

Last Modified: 4/30/2024