Pi vault presentation (1)
- 1. www.greythr.comwww.greythr.comwww.greythr.com A Secure Way To Manage Your Employee Data
- 2. www.greythr.com According to a World Economic Forum report, the government ID database Aadhaar, suffered multiple breaches in 2018 that compromised the records of 1.1 billion registered citizens. www.greythr.com
- 3. www.greythr.com As India adds over 40 million new internet users every year, concerns regarding data privacy loom large. www.greythr.com Is your data safe?
- 4. Aadhaar Act, 2016 To tackle the rising challenges with data security, UIDAI has made it mandatory for companies to store Aadhaar numbers in a centralized storage called the Aadhaar Data Vault. www.greythr.com
- 5. www.greythr.com What is Aadhaar Data Vault? www.greythr.com The official circular reads: Aadhaar Data Vault is a centralized storage for all the Aadhaar numbers collected by the AUAs/KUAs/Sub-AUAs or any other agency.1 It is a secure system inside the respective agency’s infrastructure accessible only on a need to know basis. 1. The scope of the Aadhaar Act is broad and may include your company as well.
- 6. Does it apply to you? Aadhaar Data Vault applies to your company if you collect Aadhaar details from your employees and store them on-premise in your database or even in your spreadsheets. www.greythr.com
- 7. How should you deal with it? As a business entity, you can either: 1. Buy a third-party Aadhaar Vault service. 2. Develop technologies that adhere to the Aadhaar Act. It typically involves investing in both specialized hardware, servers and software - the costs for which run into a couple of lacs.
- 8. Introducing greytHR PIVault greytHR PIVault is an advanced security solution that safeguards sensitive personal information of your employees through strong encryption and controlled access. greytHR PIVault is 100% compliant with the Aadhaar Act.
- 9. Key Features Tokenization Use of UUID reference tokens instead of SPII data to prevent dispersion. Masked data For convenient handling of application and MIS reporting. Centralized Storage Centralized service to encrypt, decrypt and manage all your SPII data. Aadhaar Data Vault Unique storage facility for storing your employees’ Aadhaar data.
- 10. Benefits Data Privacy Reveals sensitive information only on a need-to-know basis. Technology High-grade encryption technology supported by AWS KMS. Data Security Your data is secure both during transit and at rest. Compliance Ensures compliance with the Aadhaar Act.
- 12. The Aadhaar data is masked throughout the greytHR platform to ensure there is no leakage of information.
- 13. The data is masked even in downloaded files and reports.
- 14. In special cases, you can grant permission to users to view and modify the data selectively.
- 15. Pricing greytHR PIVault is a free upgrade to a secure data storage environment. If you are an existing customer, the system will automatically migrate your SPII data to greytHR PIVault’s database.
- 16. Get your organization compliant with Aadhaar Act today. Request Live Demo Join the 9000+ companies automating their HR and payroll with greytHR