Homomorphic encryption is principally used to share privacy-sensitive data sets. When a company collects private data, it is responsible for keeping the data secure and respecting the privacy rights of individual data subjects. Companies often want to use third parties to perform analysis, however. Sharing unencrypted data in this scenario is a significant risk. Homomorphic encryption is a solution for this as it allows the receiving company to perform statistical calculations on fields within the data while keeping the data set as a whole encrypted. In another example, performing analysis on sensitive medical data (such as DNA) can be performed to reveal important statistical or other analytic information without exposing sensitive information.