Membership is FREE!   Professional Designations for Business & Technology Professionals

Privacy

IBM launches experimental homomorphic data encryption environment for the enterprise

1 Mins read

Is it possible for fully homomorphic encryption to be a “game-changer” for data privacy? IBM intends to find out.

IBM has launched a fully homomorphic encryption (FHE) test service for the enterprise in the first step to bringing in-transit encrypted data analysis into the commercial sector.  IBM said on Thursday that the new FHE solution, IBM Security Homomorphic Encryption Services, will allow clients to start experimenting with how the technology could be implemented to enhance the privacy of their existing IT architecture, products, and data.

FHE, considered by some as the “Holy Grail” of encryption, as it is a form of encryption that allows data to remain encrypted when being processed.

The concept behind FHE is to plug the gap between securely-encrypted data held in storage and the need to decrypt while this information is in use — a requirement in data processing or analysis — which can create protection issues.

While IBM and others in the research community have been working on developing homomorphic encryption for over a decade, FHE has not been considered practical, due to the high compute power required to work with encrypted data, as well as the sluggish speeds of computations.

Now, however, IBM says that due to increases in industry compute power and the refinement of algorithms behind FHE, calculations can now be performed in seconds per bit, “making it fast enough for many types of real-world use cases and early trials with businesses.”

See also: The biggest hacks, data breaches of 2020

IBM is also working on making FHE “quantum-safe” by…

Read The Full Article on ZDNet

Related posts
CybersecurityPrivacy

EU Hits Amazon with record-breaking $887M GDPR fine over data misuse

2 Mins read
Carly Page@carlypage_ / 11:06 AM EDT•July 30, 2021 Luxembourg’s National Commission for Data Protection (CNPD) has hit Amazon with a record-breaking €746 million ($887…
CybersecurityData BreachesPrivacy

Emmanuel Macron identified in leaked Pegasus project data

6 Mins read
The leaked database at the heart of the Pegasus project includes the mobile phone numbers of the French president, Emmanuel Macron, and…
CybersecurityPrivacy

Internet Privacy in the Age of Surveillance

9 Mins read
Pew Research Center reports that “91% of adults agree or strongly agree that consumers have lost control of how personal information is…
Join BIZTEK

Yes, I have read and live by this Code of Ethics - https://biztek.org/code-of-ethics/. We are BIZTEK, located in Mississauga, Ontario. Business Certification is an important part of doing business in Canada. Join us to set new standards and professionalism to the technology sector. We will email you regarding issues that affect business and technology professionals in Canada. Contact us at info@biztek.org or call us at 647 499 2744. You can unsubscribe at any time.