ID Insight is receiving a patent for its cloud-based encrypted search technology and is being honored for the technology as a finalist in Minnesota’s 2016 Tekne Awards.
ID Insight’s search technology incorporates a Google-like search experience with government-grade security, a combination that has never before been available to companies, according to the vendor.
By combining a highly secure encryption package with the latest advancements in inverted indexing technologies, ID Insight now offers the same functionality as the world’s best-known search engines, while enabling companies to keep highly sensitive personal identifying data encrypted.
ID Insight was awarded Patent No. 9,449,178 for Systems, Method and Computer Product for Fast and Secure Data Searching on Sept. 20. The company holds two additional patents.
According to Adam Elliott, ID Insight President, this technology was developed in response to a customer’s need for an innovative solution that delivered both speed and security.
“Up until now, companies had to choose between speed and encryption when accessing sensitive data in the cloud,” Elliott says. “While there have been some attempts at enabling this capability, we were able to crack the nut on it through our patented approach of enabling new developments in inverted indexing technology.”
This technology is integrated into ID Insight’s fraud prevention SaaS platform. The expanded platform includes account profile information beyond address verification – such as phone, email and IP address verification – to help customers verify profile changes in an increasingly complex fraud environment.
Hours before the patent was issued, the Minnesota High Tech Association named ID Insight a finalist in the 2016 Tekne Awards due to this technology.
For more information about this news, visit http://idinsight.com/.