What is tokenization and how does it work?

WHAT IS TOKENIZATION ? Tokenization is the process of exchanging sensitive information for non - sensitive information , or " tokens , " . The tokens here are decoys that contain some pieces of the original data such as similar length or format . It can be used to keep private information secure . 11297792974 →→ Real information WHY Card Number Cardholder Name Their address is : A % & # 9292 ) 2 & 3 ## SB @ ! $ ^^ 238 & @ $ 437 + 2 , 94 A * D # ^ HOW DOES TOKENIZATION WORK ? Tokenization replaces sensitive data with non - sensitive data ( aka tokens ) . The best thing about tokenization is that the tokens can't be easily reversed . That's why even if a breach occurs , the tokenized data will not reveal the real sensitive information . ENCRYPTION PROCESS TOKENIZATION IS IMPORTANT FOR BUSINESS All businesses are susceptible to online risks . Especially those that hold personal information . It's best to protect your business now . Tokenization comes with costs . But those costs are far less than thousands or millions you could face because of a data breach . THE TOKENIZATION INDUSTRY IS EXPECTED TO BE WORTH $ 5.6B by 2026 D6 - S G4S # P8Z4.20F BM / [ 0 N8W64HF N * 74H - 93 CIPHER Exp . Date CS $ 261 % & 9PK : DR & ETR .. 4 # / SX / 12 ) 9 ZW # 2 ^ % @ CRJYN & % TR . XS / EW / IPE3 ASGCTHR & VEAWG & R .. B $ / - P / 3 ? LH CVV Social Name Address DOB Security Number 5G0-8 % - ) WC ! ASFH6A % & 90DFG & ETR . 45 / SD / W859 SADGD132 F $ 9 * BSD09 . 14 / 28 / A40P % C @ SDVH ASDL ( ^ + Z . C4 / ^ V / [ 095 CD # - & - 45NB ED3 - F $ -PM # 4 @ 3N PC 92283028605 XS6 - < > - & RC9 = _E - 8C - 5 < B ! 5FS - 9 * -0 ^ C ! Tokenized information The average cost of a data breach is $ 4.24 M AMERICAN VISA EXPRESS mastercard see BIG VALUE in Tokenization