IBM unveils new encryption technology to fight back against data breaches.
IBM has rolled out its newest mainframe. They call it IBM Z. The new data encryption system aims to bring major advances in cryptography technology to safeguard the worlds healthcare, government, banking, and retail systems. They built this in hopes of addressing the global epidemic of data breaches.
The company said that this is the most significant overhaul from IBM in more than 15 years. IBM took input from 150 clients who cited data breaches and encryption as their biggest concern. Z is the first system ever to encrpyt all data associated with any application, cloud service or database. All done without any software changes required and no impact on business service level agreements.
More than 4 billion data records were compromised in 2016. That is a 556% increase over 2015. Only 4% out of more than 9 billion data records lost of stolen in the past five years were encrypted. Making the majority of such data vulnerable to organized crime, state actors and employees misuses access to private information.
“The vast majority of stolen or leaked data today is in the open and easy to use because encryption has been very difficult and expensive to do at scale,” said Ross Mauri, the general manager of IBM Z. “We created a data protection engine for the cloud era to have a significant and immediate impact on global data security.”
IBM Z features the industry’s fastest microprocessor and a new scalable system structure that delivers up to a 35% capacity increase for workloads compared to the previous generation z13, and can support more than 12 billion encrypted transactions per day on a single system.
IBM is really stepping up with this one.