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Scouting for Growth

Alon Kaufman: Unlocking the Future of Privacy Preserving Data Collaboration

Scouting for Growth

Sabine VdL

Business, Entrepreneurship

51.8K Ratings

🗓️ 7 May 2025

⏱️ 47 minutes

🧾️ Download transcript

Summary

On this episode of the Scouting For Growth podcast, Sabine VdL talks to Alon Kaufman, CEO and Co-Founder of Duality Technologies, a company that is revolutionising the way organisations collaborate on data while preserving privacy and security.

During today’s conversation, we’ll explore the vision behind Duality Technologies, the real-world problems it is solving, and how organisations can future-proof themselves against risks by adopting privacy-preserving technologies. We’ll also dive into Alon’s inspiring journey as a technology leader and his perspective on the ethical and strategic aspects of data collaboration in the age of AI and Big Data.

KEY TAKEAWAYS

  • Combining and enhancing data sets is becoming more and more challenging in a world where privacy, security, regulations and data protection are becoming more critical. This is a good thing. What inspires us at Duality is to find a way to allow organisations to unlock the challenges around working together on data in a way that both protects the data and allows you to get the utility out of it.
  • At the source of Duality is: How can we work on data sets without leaking or sharing the data. That’s where homomorphic encryption comes in. This allows us to work on and analyse data while it remains protected or encrypted.
  • Two companies each have a list of customers and they both want to understand how many customers they have in intersection. The way you did this before is for company A to disclose it’s list of customers to company B which does the analysis and fins the intersection or go to a trusted third party. With duality, the two companies can use our software platform to run a computation that comes up with the intersection without either company seeing each other’s data.
  • We all want our governments and law enforcement to be able to do their work, but we don’t want them to pull in every data point that we leave outside. Duality allows law enforcement investigations to run queries and analytics only on data that is allowed and only giving the insights that are needed. Government and healthcare – where data sets are large an sensitive – are big places where Duality has been successful.

BEST MOMENTS

‘In order to get the most value out of data, the more you can bring data sets together and enhance them the better off you are.’

‘Duality’s mission is to run AI data science analytics on data sets that cannot simply be centralised, and doing it where ethe data is  while making sure the data isn’t exposed, privacy isn’t leaked or challenges of data localisation and regulation are not violated.’

‘Companies that already know to work on their own data, and control it, can now go to the next step and do it in a collaborative way.’

‘Insurance companies need to work together around fraud because the fraudsters utilise the fact different companies don’t talk and will attack one and then the other because they know the level of data shared between them is limited.’

ABOUT THE GUEST

Alon Kaufman is the CEO and Co-Founder of Duality Technologies, a pioneering company at the forefront of data encryption and privacy technologies. With over 20 years of experience in technology leadership, Alon has a rich background that spans across Big Data, Data Science, Machine Learning, and Cybersecurity.

As a thought leader, Alon frequently speaks on topics related to Big Data, Cybersecurity, and Innovation. He is committed to advancing the conversation around data privacy and security.

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ABOUT THE HOST

Sabine is a corporate strategist turned entrepreneur. She is the CEO and Managing Partner of Alchemy Crew a venture lab that accelerates the curation, validation, & commercialization of new tech business models. Sabine is renowned within the insurance sector for building some of the most renowned tech startup accelerators around the world working with over 30 corporate insurers, accelerated over 100 startup ventures. Sabine is the co-editor of the bestseller The INSURTECH Book, a top 50 Women in Tech, a FinTech and InsurTech Influencer, an investor & multi-award winner.

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Transcript

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0:00.0

Welcome to this episode of Scouting for Growth.

0:19.0

Today I have the pleasure of hosting a truly

0:23.1

unique guest, Alan Kaufman, the CEO and co-founder of Duality Technologies, a company that

0:30.9

is revolutionizing the way organizations collaborate on data while preserving privacy and security.

0:39.7

With over 20 years of experience in technology leadership alone,

0:44.9

he's a visionary in the fields of big data, data science, machine learning, and cybersecurity,

0:52.0

and his work is having the way for a new era of privacy-preserving

0:57.2

data collaboration. At the heart of duality technologies, innovative approach is a momorphic

1:06.1

encryption. This is a groundbreaking cryptographic technology that allows organizations to analyze and collaborate on encrypted data without ever exposing the underlying information.

1:19.6

As the demand for secure and compliant data sharing grows, right, the market for homomorphic encryption solutions is expected to search. In fact,

1:30.9

analysts predict that the global homomorphic encryption market size valued at approximately

1:37.3

$165 million in 2021 is set to grow at a gaga of 30% in the coming years, reaching $268 billion by 2030.

1:52.0

This explosive growth underscores the critical need for technologies like dualities,

1:59.0

which are enabling organizations from healthcare to finance

2:03.9

to insurance to unlock their data as full potential without compromising on security and on privacy.

2:12.6

One thing is that highly regulated industry are the area they are focusing on the most.

2:22.0

Adults work addresses some of the most pressing challenges out there, whether it is enabling

2:28.2

cross-border cancer research, fighting fraud in financial services or helping insurance companies collaborate with

2:35.8

AI startups, duality technologies is empowering organizations to securely innovate and thrive in a highly

2:44.4

regulated and competitive marketplace.

2:49.1

During today's conversation, we will explore the vision behind duality technologies,

2:54.2

the real-world problems it is solving, and how organizations can future-proof themselves

...

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