The Virtual Private Snowflake (VPS) edition offers the highest level of security for organizations with the strictest security requirements. This edition provides a dedicated and isolated instance of Snowflake, including enhanced security features and compliance certifications to meet the needs of highly regulated industries or any organization requiring the utmost in data protection and privacy.
References:
* Snowflake Documentation: Snowflake Editions

The feature in Snowflake that allows a user to substitute a randomly generated identifier for sensitive data before loading it into Snowflake is known as External Tokenization. This process helps to secure sensitive data by ensuring that it is not exposed in its original form, thus preventing unauthorized access3.