Big Data Needs BigPrivacy™ is a Breakthrough Idea Worth Spreading

NEW YORK, April 26, 2016 /PRNewswire/ -- Anonos Inc. announces its selection for the highly competitive inaugural TED Residency innovation program for breakthrough ideas.

TED's mission of supporting "Ideas Worth Spreading" reaches far beyond the conference and video series, encompassing a variety of projects and initiatives that leverage the power of ideas. According to TED, participants in its residency program are selected based on passion, expertise, the strength of their idea, their character, and their ability to bring a fresh perspective and positive contribution to the diverse TED community.

"The Anonos Big Idea worth spreading is BigPrivacy™" said Ted Myerson, Co-Founder of Anonos. "BigPrivacy is a software-based product that makes it easier to safely collect, combine, share, and publish large volumes of data. As Big Data paves the way for new discoveries in diverse disciplines, Anonos' BigPrivacy product enables breakthroughs in the life sciences, including personalized and precision medicine, while at the same time protecting the privacy of the sensitive data sources on which new insights depend," said Myerson.

Dr. Jonas Almeida, Professor and Chief Technology Officer at the Department of Biomedical Informatics at Stony Brook University, and an advisor to the company observed, "Anonos was ahead of the curve in anticipating the world awash in data that we live in today. Streams from myriad web-enabled devices make it difficult to manage privacy through traditional access controls alone. This is what excites me about Anonos: they saw de-identification as a way to bolster the governance of gigantic sensitive data ecosystems at a time when this scenario was only academic conjecture."

Realizing the promise of Big Data depends on secure access to personal data, including sensitive health data. However, outdated methods of privacy protection (such as data masking, traditional access controls, and static de-identification) undermine research by reducing the accuracy of data, restricting access to data sets, and/or requiring the deletion of data, minimizing its value. Anonos BigPrivacy technology overcomes these limitations by dynamically de–identifying data, maintaining a high level of accuracy, and by separating data sets into components, enabling selective access to varied gradations of sensitive information under controlled conditions.

"Restoring privacy protection to a realistic possibility rather than just an aspirational goal creates great value for both individuals and society," said Marty Abrams, Executive Director & Chief Strategist at Information Accountability Foundation. "Anonos' selection for the TED Residency is clear evidence that the company's vision and success in implementing it thus far address this need."

Anonos' patented BigPrivacy technology simultaneously protects data privacy and accuracy so researchers and other data users can leverage the value of Big Data and comply with federal, state and international laws.

To learn more, visit https://anonos.com/.

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SOURCE Anonos Inc.