Sci-tech

One Click and Voilà, Your Entire Data Center is Encrypted

One Click and Voilà, Your Entire Data Center is Encrypted

IBM said that its new mainframe utilides regulatory technology (regtech) to automate compliance processes, by allowing companies to demonstrate that the data they keep is encrypted.

IBM will debut the newest in its decades-long series of mainframe computers for mainstream transaction processing Monday, this time focusing in particular on better protection of more data wherever it resides.

The recent IBM study found that extensive use of encryption is a top factor in reducing the cost of a data breach, resulting in a $16 reduction in cost per lost or stolen record.

"There is a global epidemic of data theft".

To demonstrate the use of Z for encryption on cloud services, IBM announced it has opened six new blockchain global data centers in NY, the U.K., Frankfurt, Tokyo, Toronto and Brazil.

IBM is looking to tackle the problem of what hackers can do with the information they acquire from data breaches by encrypting everything stored on its new mainframes.

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"The pervasive encryption that is built into, and is created to extend beyond, the new IBM Z really makes this the first system with an all-encompassing solution to the security threats and breaches we've been witnessing in the past 24 months", Peter Rutten, analyst at IDC, said in a statement on Monday.

Marie Wieck, general manager, IBM Blockchain, commented: "The powerful combination of IBM Z encryption and secure containers differentiates IBM Blockchain services on the cloud by supporting the trust models new blockchain networks require". According to the company, this is faster than x86 systems, which only focus on limited slices of data.

IBM has unveiled IBM Z, a new transaction system, capable of running more than 12 billion encrypted transactions per day and designed for use in the cloud. It protects encryption keys with so-called tamper responding hardware which invalidates keys at any sign, and IBM says they can be restored in safety.

IBM said that the mainframe system is set to be the global tech giant's most significant system overhaul in more than 15 years.

It is becoming increasingly important for organisations to be able to prove that data is protected in the face of regulations like the EU's General Data Protection Regulation (GDPR) and encryption requirements set for financial institutions by regulators in the Singapore, Hong Kong, and the USA at a federal and state level. It offers real-time, self-service verification of protection and encryption, and provides an audit trail showing whether permissioned insiders accessed data.

These APIs can be encrypted almost three times faster than X86 systems, claims IBM.

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New microservices and applications that enable clients to maximise the value from security-rich on-premises enterprise systems in real time. And there's pricing model for payment systems, which is based on the volume of payments not capacity.

Mainframes are widely used in sectors such as financial services, government, retail and travel and transportation, and IBM says its transaction engine handles 87 percent of all credit card transactions, 29 billion ATM transactions per year and four billion passenger flights per year.

The IBM Z, the next generation of IBM's industry-leading CMOS mainframe technology, features the industry's fastest microprocessor, running at 5.2GHz, and a new scalable system structure that delivers up to a 35 percent capacity increase for traditional workloads and up to a 35% capacity increase for Linux workloads compared to the previous generation IBM z13.

The world's largest MongoDB instance with 2,5-times faster NodeJS performance than x86-based platforms.

For example, it also announced today the launch of IBM Cloud BlockChain data centers in six cities worldwide.

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