Published: Thu, July 20, 2017
Economy | By Melissa Porter

IBM unveils powerful new encryption mainframe

IBM unveils powerful new encryption mainframe

Data that can be encrypted with IBM Z include that which is related to cloud services, applications and databases. At this time, Mauri says IBM is adding in a range of 5 to 15 new IBM Z customers per quarter.

The average cost of an enterprise data breach comes to more than $3.6 million, according to the 2017 Cost of Data Breach Study produced by IBM Security and the Ponemon Institute.

"The vast majority of stolen or leaked data today is in the open and easy to use because encryption has been very hard and expensive to do at scale", said Ross Mauri, general manager at IBM Z. As a result, the company notes only about 2 percent of corporate data is encrypted today, while more than 80 percent of mobile device data is encrypted. Using a breakthrough encryption engine, the IBM Z is capable of running a dizzying number of encrypted transactions-more than 12 billion per day, IBM says. Through automating the movement of data to and from the cloud TCT empowers IBM z14 users with new levels of control to put hot or cold data where it makes the most sense for their business.

In terms of cryptographic capabilities, the IBM Z boasts pervasive encryption that is 18x faster than comparable solutions on x86 systems.

To make such pervasive encryption viable, the z14 has four times as much silicon devoted to cryptographic accelerators as its predecessor, the z13, giving it seven times the cryptographic performance.

The new IBM Z can protect millions of keys - as well as the process of accessing, generating and recycling them - in "tamper responding" hardware that causes keys to be invalidated at any sign of intrusion and can then be restored safely.

It can be used beyond the mainframe to protect servers and storage systems in the cloud.

The other driving factor is the increase in regulations by governments around the world aimed at protecting information, including the European Union's (EU) General Data Protection Regulation (GDPR), which goes into effect next year. Broader use of encryption could reduce the damage to enteprises from such leaks by about 92 percent, IBM estimates.

The IBM Z also allows enterprises to encrypt application programming interfaces (APIs) almost three times faster than other systems do.

What the IBM Z does is encrypt all data for an application or cloud service or in a database whether the data is being used actively or residing "at rest". In response to this growing problem, IBM has tooled up the Z (or Z14), its latest line of mainframe computers, to take a shot at stemming the tide. As Mauri said, even if hackers could somehow get through all of these defenses, the encryption would render the data useless. "But companies that need mainframes to run the backbone of large, complex business systems will find the upgrade to z14 worthwhile", he said. So, IBM thinks that its plan to encrypt just about everything could deter hackers from stealing that type of data. Those IBM Cloud Blockchain data centers launched in New York, London, Frankfurt, Sao Paolo, Tokyo and Toronto to cater to the financial services sector.

Along with compliance with data governance rules, IBM is also targeting its encryption engine at emerging application such as blockchains, the distributed databases for digital transactions.

As for pricing, IBM unveiled three container pricing models.

Payment systems pricing based on the volume of payments a bank is processing, not the available capacity.

Like this: