How do I choose between encryption and tokenization?

I'm trying to decide whether to use encryption or tokenization for my data security. Can you help?

Sure! Both encryption and tokenization are effective for protecting sensitive data, but they serve different purposes.

What are the main differences between the two?

Encryption transforms data into a secure format that can only be read with a key, while tokenization replaces sensitive data with non-sensitive equivalents.

When should I use tokenization instead of encryption?

Tokenization is ideal for scenarios where you need to minimize the exposure of sensitive data, like payment processing.

Are there any situations where encryption is preferred?

Yes, encryption is preferred when you need to protect data at rest or in transit, especially for compliance with regulations.