IBM: helping clients prepare for next-gen encryption tech

By Georgia Wilson
IBM sets out its plans to help clients prepare for next generation encryption technology...

In an announcement made by IBM, the company has reported the launch of its new services that allows experimentation with fully homomorphic encryption (FHE).

“The new IBM Security Homomorphic Encryption Services provide companies with education, expert support, and a testing environment for clients to develop prototype applications that can take advantage of FHE,” commented IBM.

Did you know? FHE is an emerging technology that is designed to allow data to remain encrypted even when it is being processed and/or analysed in the cloud or third party environments.


“Fully homomorphic encryption holds tremendous potential for the future of privacy and cloud computing, but businesses must begin learning about and experimenting with FHE before they can take full advantage of what it has to offer. By bringing IBM’s cryptography expertise and resources to our clients that are driving innovation in their unique industries, we can work together to create a new generation of applications that leverage sensitive data, without compromising its privacy,” commented Sridhar Muppidi, Chief Technology Officer, IBM Security.

Building on the groundwork and tools developed by IBM Research and IBM Z, BM Security Homomorphic Encryption Services offers customers a scalable hosting environment on IBM Cloud, as well as consulting and managed services to help clients lean and design prototype solutions that take advantage of FHE.

With Gartner estimating that by 2025, “at least 20% of companies will have a budget for projects that include fully homomorphic encryption (FHE), up from less than 1% today,” IBM’s solutions will - as FHE advances - allow customers to apply functions like search, analytics and AI to their sensitive data in an environment, without revealing that data to the underlying service to maintain compliance and privacy controls as part of a “zero trust” security strategy.

For more information on business topics in the United States and Canada, please take a look at the latest edition of Business Chief North America.

Follow Business Chief on LinkedIn and Twitter.

Image source


Featured Articles

Top 20 essential leadership resources for Black executives

To celebrate Black History Month, here are 20 resources for Black leaders – from business books to leadership coaches to business school exec programs

Broadridge study reveals huge impact of AI on C-suite

Broadridge Financial Solutions spoke to 500 C-suite executives from across the globe, many of whom said AI was significantly changing the way they work

PwC's Kathryn Kaminsky – the role of boards on social issues

As Vice Chair Trust Solutions Co-Leader at PwC, Kathryn Kaminsky says boards play an important role in helping businesses take action on social issues

Why your business needs a Chief Transformation Officer

Leadership & Strategy

12 top AI and ML trends for the enterprise in 2023 – Dataiku

Technology & AI

From NYC to Hong Kong, the rise of the private members' club

Leadership & Strategy