Earlier this month we had the opportunity to launch our new document redaction software at the PrivSec World Forum 2022. Our innovative software was introduced to the security industry at the largest data protection, privacy and security event in the world.
The event brought together a vast range of speakers from world-renowned companies and industry experts to allow them to share case studies and experiences with professionals across a range of fields.
Data protection, privacy and security are essential elements of any successful organisation’s operational make-up. Getting these things right can improve stakeholder trust and take any company to the next level. It was a fantastic opportunity for us to share our knowledge with other experts within our field and to also share the news of our recent notification that Facit Data Systems has been awarded a European-wide patent for the method of processing a video.
Our leading technology is paving the way for large UK retailers, logistics companies and others to provide video clips that are fully GDPR compliant and sharable, files that do not compromise people’s safety.
What is document redaction?
Document redaction is the process of blacking out or removing any sensitive information from a document so it can be used and distributed – but still, protect confidential information. Almost every industry needs to redact in some form, and document redaction for data privacy is key to staying on the right side of privacy regulations.
Currently, legislation such as EU GDPR imposes strict rules on sharing personal data. In the UK alone, companies that breach data protection laws are fined up to £17.5 million or 4% of the company’s annual global turnover. For businesses, this means the need for smart data security solutions has risen exponentially — to protect employees, customers, and reputations.
Facit Data Systems’ document redaction software works to instantly hide information from unauthorised in-house readers. The automated redaction software protects the data privacy rights of individuals when those documents are shared externally - enabling secure document sharing.
The product features a user-friendly interface that is fully customisable to redact as much or as little data as necessary for the individual need. Companies will be able to run up to three individual caseloads of information at one time and will not have to incur any additional hardware purchasing costs to make full use of the software.
Why use Facit Document Redaction software?
We deliver quick, safe, and affordable solutions for redacting a document, which is often a very costly issue for companies. Current customers, including supermarket giants Tesco and Morrisons, report up to a 90% cost saving in operational fees when using the product. The redacted documents are irreversible - ensuring complete data protection.
If you’re interested to explore document redaction for data privacy in your company and our document redaction methods, please visit here.
Waqas Hassan, CEO of Facit Data Systems said:
“We are delighted to introduce Facit document redaction software at such an important event. It is game-changing for businesses looking to remain data compliant — safely, quickly and without the hassle of manual redaction procedures.”
“Unlike many redaction programmes, our software isn’t cloud-based and therefore offers a higher level of security against the kinds of potential breaches that could have disastrous effects on companies. It also benefits from a versatile set-up and can be installed into an existing system, meaning very little outgoings for the user.”
