IBM has trumpeted what it’s calling a huge breakthrough in data encryption and the battle against cybercriminals, with a next-gen mainframe computer driven by a powerful CPU which is capable of encrypting all of a company’s data, all the time.
IBM Z, as it’s called, means that firms don’t have to pick, choose and manage which data is encrypted. Rather, it allows for all data associated with any app, cloud service or database to be encrypted at all times, in a streamlined process that doesn’t require any software changes.
At the heart of the system is what IBM calls the industry’s fastest microprocessor, which runs at 5.2GHz and boasts a new scalable system structure which offers a 35% capacity increase in terms of traditional workloads compared to the previous-generation z13.
Apparently IBM Z offers a fourfold increase in the silicon dedicated to cryptographic algorithms, and has had its software stack fully reworked, so that it’s now capable of running more than 12 billion encrypted transactions on a daily basis. According to IBM, it’s 18 times faster compared to today’s x86 systems that only focus on limited slices of data, and weighs in at just 5% of the cost of such comparable x86-based solutions.
Given the current climate of fear around hackers and ever-increasing amount of data breaches, IBM obviously believes this system will be an attractive proposition in terms of watertight security and keeping everything encrypted all the time.
Impact of cybercrime
IBM naturally had some worrying stats and projections on cybercrime to highlight, including the fact that the estimated impact of cybercrime on the global economy will be $8 trillion (around £6 trillion) by 2022. And the firm further observed that over the course of last year, over four billion data records were stolen or lost – a more than fivefold increase compared …read more