IBM has released a new solution that could potentially allow data to remain encrypted even when processed in cloud computing applications or in third-party environments. IBM's new security homomorphic encryption services could enable enterprises to adopt cloud solutions on a larger scale without exposing themselves to additional security risks. Fully Homomorphic Encryption (FHE) is considered by some privacy experts to be the "holy grail" of data encryption, but it has seen little commercial development due to the high computational requirements and speed drops that occur when we're working with data. encrypted. IBM now offers its clients a test environment to develop prototype applications that can take advantage of FHE. The service will provide a scalable hosting environment on the IBM Cloud, as well as managed services to help clients get started learning and prototype solutions that can leverage FHE.
Encryption at any time
By using IBM's FHE technology, clients will be able to apply important business functions, such as research, analytics and artificial intelligence, to their data, without ever having to decrypt it. IBM has been working on the algorithms behind its new FHE solution for more than a decade to ensure the technology is fast enough for real use cases. “Fully homomorphic encryption offers great potential for the future of privacy and cloud computing, but enterprises need to start learning and experimenting with FHE before they can take full advantage of what it has to offer,” Sridhar Muppidi, CTO from IBM Security, he explained. “By bringing IBM's cryptography expertise and resources to our clients driving innovation in their unique industries, we can work together to create a new generation of applications that leverage sensitive data, without compromising your privacy. " As cyberattacks become more sophisticated, IBM may find that a significant number of clients want to try its new FHE solution. Gartner estimates that by 2025, one in five companies will have a budget for projects incorporating FHE technology, versus to less than 1% today.